⭕️ Jared Kushner's investment firm is the largest shareholder in an Israeli financial company with at least $456 million invested in nine firms supplying Israel's military, CNN reports.
Kushner's Affinity Partners holds a 7.4% stake in Phoenix Financial, worth over $1 billion. Phoenix's holdings include:
➤ $265 million in Elbit Systems, Israel's largest arms maker
➤ $40 million in Reshef Technologies, which makes fuzes for shells used in Gaza
➤ $68 million in Next Vision, which makes cameras for military drones
➤ Phoenix also holds stakes in Caterpillar, whose D9 bulldozers are used by the Israeli military to ethnically cleanse communities in Gaza (as well as other parts of occupied Palestine and Lebanon), and in Israel Shipyards, a key Israeli Navy supplier.
Kushner sits on the Board of Peace overseeing Gaza. In August, after Hamas accepted a Board of Peace disarmament roadmap, Gaza saw its first week-long lull in new killings since October 2023. Kushner then met Netanyahu in Jerusalem, who showed him public opinion polls finding most Israelis want strikes in Gaza to continue, Axios reported. The talks ended with Kushner giving Israel a “green light” to keep striking Gaza, Haaretz reported. Israel has killed more than 200 Palestinians since.
Kushner said last year he meets Phoenix's leadership every few weeks. The White House called the conflict-of-interest concerns a "tired narrative."
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