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

Reporting and findings

  1. documented

    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.

Summary and current status

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.

Committee findings published; underlying inquiry was ongoing

People and organizations

Relationships in this file

  1. Donald J. Trumpwas president and father-in-law tied to foreign-client fee streamAffinity Partners fees from foreign clients

Money trail

  1. feeForeign-client fees collected by Affinityas much as $157 million
    Fee payer / source
    Foreign clients of Affinity Partners
    Fee recipient
    Affinity Partners
    realized · 2024-07-24 · observedRead source record
    Calculation detailsPopulation Fees from all foreign clients reported by the Senate Finance Committee chairPeriod 2024-07-24 to 2024-07-24Basis Encode $157 million as the reported upper bound for cumulative foreign-client fees through the committee's July 24, 2024 information date.Limits An upper bound is not a precise total or personal distribution to Jared Kushner. It contains the $87 million Saudi-government component below and duplicates the separately typed people-network total; those values must not be added together.
  2. feeSaudi-government fees within Affinity's foreign-client total$87 million
    Fee payer / source
    Saudi government
    Fee recipient
    Affinity Partners
    realized · 2024-07-24 · observedRead source record
    Calculation detailsPopulation Saudi-government fee component within the reported foreign-client fee totalPeriod 2024-07-24 to 2024-07-24Basis Encode the Saudi-government component reported by the Senate Finance Committee chair through the committee's July 24, 2024 information date.Limits This is nested inside the $157 million foreign-client upper bound and duplicates the separately typed Saudi-fee observation; it must never be added to either value. The record does not establish a personal distribution to Jared Kushner.