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Josh Kushner Buys Lakers for $12.5B | California News

Josh Kushner Buys Lakers for $12.5B | California News

Published 2 days, 16 hours ago
Description

Josh Kushner just pulled off his biggest move yet: teaming with Bob Iger to buy the Lakers for a record $12.5 billion, sealing the deal in just 72 hours after Mark Walter’s federal investigations created a rare opening. Quietly building Thrive Capital since 2010 — now managing $65B and backing giants like OpenAI, SpaceX, and Anduril — Kushner’s sharp mind and calm demeanor have quietly fueled an empire worth $16.7B. While overshadowed by his brother Jared, Josh navigates family drama and political scrutiny with quiet resolve, his wife Karlie Kloss adding Democratic flair to his public profile. His pivotal role in saving Sam Altman at OpenAI — where he invested $130M when it was valued at $29B — helped turn it into an $850B behemoth. Though setbacks like the failed FIFA deal linger, the Lakers acquisition marks his most visible triumph — a premium asset built for legacy.

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