Jared Kushner Allegedly Profiting Off Israel Military While Serving As Trump’s Gaza Negotiator: REPORT
U.S. Special Envoy for Peace Jared Kushner is reportedly profiting off of the Iran war while acting as a key negotiator in Gaza, CNN first reported.
Nicole Silverio · Oct 1, 2026 · 4 min read
U.S. Special Envoy for Peace Jared Kushner is reportedly profiting off of the Iran war while acting as a key negotiator in Gaza, CNN first reported.
Kushner’s private equity company, Affinity Partners, held the largest stake in Phoenix Financial, a Tel Aviv-based firm backing businesses involved in Israel’s military campaigns, according to CNN. Kushner described Phoenix Financial as Affinity Partners’ “best investment.”
Affinity remains Phoenix’s largest shareholder with a 7.4% stake worth more than $1 billion in July, CNN reported.
Phoenix invested at least $465 million across nine companies providing equipment for the Israeli military, including drones and demolition machinery, according to CNN. It invested hundreds of millions of dollars into Israel’s largest arms manufacturer, Elbit Systems.
Affinity does not hold a stake in the nine companies, according to CNN.
Kushner has been a leading voice in negotiating peace deals in the Middle East and played a major role in securing a ceasefire between Israel and Hamas in October 2025. He argued that financial profit was the best path forward for lasting peace.
“When you get an Arab and Israeli together and they start talking about a business opportunity, they forget about everything else and then they realize that there’s a lot of similarities,” Kushner told the “No Priors” podcast in September 2025. “My investors from the Middle East are now looking at Israel, and they’re saying, ‘Wait a minute, maybe there’s a benefit to having these wars done.'”
Kushner’s involvement with Phoenix’s management had reportedly reduced since getting involved with diplomatic efforts, CNN reported.
Phoenix’s purchased stakes in a company making electronic fuzes for shells used in Gaza and another that manufactures parts for Israeli tanks after Kushner’s firm became its largest shareholder, according to CNN. It held stakes in some other companies tied to the Israeli military beforehand.