Jared Kushner and his family aren’t likely to help pay Trump’s $464 million bond payment by Monday.
Donald Trump is in a bind. He has until Monday, March 25, to post a $464 million (plus interest) appeals bond before New York Attorney General Letitia James plans to collect on the judgment against him. On Monday, his attorneys said in a legal filing that he was unable to secure the bond, which would need a collateral of $557 million and more than $18 million in up-front bond premiums. He’s appealed the judgment, but it’s unclear when the appellate court will rule on it.
Since leaving the White House in 2021, Kushner has gotten back into business. He still owns part of the Kushner Companies, the family’s New York-based real estate firm that claims to have $16 billion in assets. The company was founded in 1985 by Jared’s father, Charles, who ran it until he was sentenced to two years in prison for illegal campaign contributions, tax evasion and witness tampering in 2005, leading to Jared taking a larger role in the family business.
He’s also the sole owner of Affinity Partners, a Miami-based private equity firm. And in his last financial disclosure as a senior advisor to the Trump administration in 2021, he disclosed between $206 million and $801 million in assets (minus a range of $26 million to $130 million in liabilities) and income between $21 million and $114 million. For her part, Ivanka reported between $600,000 and $1.5 million in assets and about $2.6 million in income. Representatives for Affinity Partners and the Kushner Companies did not respond to a request for comment.
It’s highly unlikely that Kushner would come to Trump’s aid even if he could. For starters, much of his family’s wealth is tied up in real estate. About 60% of Kushner’s assets in his disclosure were interests in commercial and residential real estate, most of them tied to his family’s company. In court filings, Trump’s lawyers stated that securing the bond was a « practical impossibility » partly because many bond companies refused to accept « hard assets such as real estate as collateral. » It’s likely that the Kushners, were they to try to secure the bond on Trump’s behalf, would face the same issues. And much like Trump himself, they have their own debt to deal with. According to Real Capital Analytics, the firm’s properties—including joint ventures—have an estimated total value of $9 billion and $4.
