Key facts
- Joshua Kushner partnered with Bob Iger to buy a stake in the Los Angeles Lakers.
- The Los Angeles Lakers franchise is valued at $12.5 billion.
- Joshua Kushner is the brother of Jared Kushner.
- Joshua Kushner is a venture capitalist.
- Kushner has investments in AI and health insurance.
- Kushner has a history of sports investments.
- Bob Iger is the former CEO of Disney.
Joshua Kushner, brother of Jared Kushner, has entered into a partnership with former Disney CEO Bob Iger to purchase a stake in the Los Angeles Lakers. The acquisition values the National Basketball Association franchise at $12.5 billion. Kushner, known for his work as a venture capitalist, has a portfolio that includes investments in artificial intelligence and health insurance. This move into the NBA marks a significant expansion of his sports investment history. The partnership with Bob Iger, a prominent figure in the entertainment industry, suggests a strategic approach to managing and potentially growing the value of the Lakers franchise.