What Happened to Joshua Kushner?
Joshua Kushner is an American businessman and venture capitalist, best known as the founder and managing partner of Thrive Capital, a prominent venture capital firm. He is also a co-founder and vice-chairman of Oscar Health. Kushner has expanded his investment focus into sports and cultural assets through Thrive Eternal, notably leading a controversial proposal in July 2026 to invest in FIFA's commercial operations.
Quick Answer
Joshua Kushner remains a highly active and influential figure in the venture capital and technology sectors as of August 2026. He continues to lead Thrive Capital, which manages over $50 billion in assets and has recently made significant investments in companies like Shopify and acquired a stake in the San Francisco Giants through its new permanent capital vehicle, Thrive Eternal. Most recently, in July 2026, Thrive Eternal was tapped to lead an investor group for FIFA Forward Enterprise, a proposed commercial entity for FIFA's major tournaments, a move that has generated considerable controversy within the global soccer community.
📊Key Facts
📅Complete Timeline14 events
Born in Livingston, New Jersey
Joshua Kushner was born in Livingston, New Jersey, the youngest son of Charles Kushner.
Graduated Harvard College
Kushner earned his Bachelor of Arts degree, majoring in Government, from Harvard College.
Founded Thrive Capital
At 24 years old, Kushner founded Thrive Capital, a venture capital firm focused on software and internet investments, with initial seed money from Joel Cutler.
Graduated Harvard Business School
He completed his Master of Business Administration (MBA) from Harvard Business School.
Co-founded Oscar Health
Kushner co-founded Oscar Health, a technology-focused health insurance company, and has served on its board since December 2012.
Married Karlie Kloss
Joshua Kushner married supermodel Karlie Kloss.
Diversified Investments and Media Ventures
Kushner purchased a minority stake in the Miami Heat, sold his stake in the Memphis Grizzlies, and joined the board of directors of A24 Films. His wife's media company, Bedford Media, announced plans to revive Life magazine. Thrive Capital also raised over $5 billion for its Thrive IX funds.
Third Child Born
Kushner and Karlie Kloss welcomed their third child, a daughter.
Net Worth Estimated at $5.2 Billion
Forbes estimated Joshua Kushner's net worth to be $5.2 billion, primarily derived from his ownership in Thrive Capital.
Thrive Capital Increases Stake in Oscar Health
Thrive Partners VII Growth GP, a fund from Thrive Capital, along with Claremount VII, purchased additional Oscar Health shares, increasing Thrive Capital's direct holdings to 6.08 million shares.
Thrive Eternal Invests in San Francisco Giants
Thrive Eternal, a new permanent capital investment vehicle launched by Thrive Capital, acquired a minority stake in the San Francisco Giants, marking its first sports investment.
Thrive Capital Initiates Shopify Position
Thrive Capital's Q1 2026 13F filing revealed a new, significant position in e-commerce enabler Shopify, reflecting continued conviction in platform-driven technology businesses.
Thrive Eternal Tipped to Lead FIFA Investment Group
Reports emerged that Thrive Eternal was expected to lead an investor group for FIFA Forward Enterprise, a proposed FIFA-controlled commercial entity to manage commercial operations of tournaments like the World Cup. The proposal faced immediate backlash from UEFA.
Thrive Capital Continues Investments
Thrive Capital made recent investments in Ambrook (Series B) and Base Power (Series D).
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🔍Deep Dive Analysis
Joshua Kushner, born in 1985, established himself as a significant force in the venture capital world by founding Thrive Capital in 2009 at the age of 24. After graduating from Harvard College and Harvard Business School, Kushner demonstrated an early conviction in the potential of consumer internet and technology. Thrive Capital quickly gained recognition for its strategic, high-conviction investments in nascent technology companies, including early stakes in Instagram, Spotify, GitHub, and OpenAI, which have yielded substantial returns and cemented Kushner's reputation as an astute investor.
Over the years, Thrive Capital has grown exponentially, raising increasingly larger funds. By 2024, the firm closed Thrive IX, its largest fund to date, securing over $5 billion for late-stage and early-stage ventures. As of 2026, Thrive Capital manages over $50 billion in assets, with some reports indicating figures as high as $60 billion. This growth reflects Kushner's consistent strategy of backing innovative companies with strong growth potential and visionary leadership.
A key turning point in Kushner's career was the co-founding of Oscar Health in 2012, a technology-driven health insurance company aimed at modernizing healthcare through digital services. Oscar Health later went public and remains a significant part of his business portfolio, where he serves as vice-chairman. In recent years, Kushner has expanded Thrive's investment scope beyond traditional venture capital. In 2024, he joined the board of A24 Films and, with his wife Karlie Kloss, announced plans to revive Life magazine through their media company, Bedford Media.
The year 2026 has seen Kushner make headlines with Thrive Capital's further diversification. In April 2026, Thrive Eternal, a new permanent capital investment vehicle launched by Thrive, acquired a minority stake in the San Francisco Giants, marking the firm's first foray into professional sports team ownership. This was followed by a highly publicized development in July 2026, where Thrive Eternal was identified as the expected leader of an investor group for FIFA Forward Enterprise (FFE). This proposed FIFA-controlled commercial entity aims to expand FIFA's commercial operations and could involve private investors acquiring up to a 20% minority stake in the commercial rights of major tournaments like the World Cup, valued at an initial $20 billion.
The FIFA proposal has generated significant controversy, with European soccer's governing body, UEFA, strongly rejecting the plan and threatening a boycott of FIFA competitions, citing concerns about undue commercial pressure and influence on the sport's decision-making. Despite the backlash, a source close to Thrive Capital emphasized Joshua Kushner's independent business success, noting his firm's substantial assets under management. As of August 2026, Kushner continues to navigate these high-profile ventures, maintaining his role as a leading figure in global investment and technology.
What If...?
Explore alternate histories. What if Joshua Kushner made different choices?