Affinity collected as much as $157 million in foreign-client fees

Date: 2024-09-25
Entry type: foreign-family-fees
Current status: Committee findings published; underlying inquiry was ongoing
Last reviewed: 2026-09-03

The Senate Finance chair reported up to $157 million in fees, including $87 million from the Saudi government, with no investor return as of July 2024.

Entities and roles

Affinity Partners fees from foreign clientsfamily-linked foreign fee stream
Donald J. Trumppresident and Kushner's father-in-law

Claims and evidence

factdocumented
The Senate Finance Committee chair reported that Affinity Partners, owned by Donald Trump's son-in-law Jared Kushner, had collected as much as $157 million in fees from foreign clients, including $87 million from the Saudi government, and had generated no investor return as of July 2024.
- U.S. Senate Committee on Finance: Wyden Investigation of Kushner Firm Continues; New Letter Outlines Affinity Partners' Fee StructureKey findings on foreign-client fees and investment returns