Report: Kushner's Affinity Partners Top Shareholder in Israeli Firm Tied to Military Suppliers

Phoenix Financial, an Israeli financial group, has invested at least $456 million into nine companies that supply Israel's military, according to a CNN investigation cited by Anadolu Agency. Affinity Partners, the investment firm led by Jared Kushner, President Trump's son-in-law, holds the largest shareholder stake in Phoenix Financial.

The report highlights the scale of Affinity Partners' financial exposure to companies tied to Israel's defense sector, raising questions about potential overlaps between the firm's investments and broader US policy toward the region.

Kushner, who served as a senior adviser during Trump's first term and played a role in Middle East diplomacy, founded Affinity Partners after leaving government. The firm has drawn scrutiny in the past over its funding sources and investment relationships in the Gulf and Israel.

The investigation did not report any specific wrongdoing, but outlined the financial relationships connecting Affinity Partners, Phoenix Financial, and the companies supplying Israel's military, framing it as a case study in the overlap between private investment and geopolitics.

Neither Affinity Partners nor Phoenix Financial has issued a detailed public response to the CNN investigation's findings, according to the report.

The disclosure comes amid continued global attention to financial and political ties between the Trump administration's associates and the defense and security sectors of allied countries.