Former President Donald Trump‘s son-in-law Jared Kushner said he does not plan on serving in a second Trump administration should the Republican presidential candidate win the 2024 election in November.
Kushner, who served as one of Trump’s top White House advisers in his first term in office, told the Axios BFD conference in Miami on Tuesday he is enjoying life in the Sunshine State with wife Ivanka and their three children.
The 43-year-old said he plans to keep working in private equity even if Trump does return to office, saying he has been clear, ‘my desire at this phase in my life is to focus on my firm.’
He also described his four years in the White House from 2017 to 2021 as ‘basically four very hectic years’ of working around the clock.
Now he lives in Florida with his family, and is planning to move into a mansion in the exclusive Indian Creek, known as the ‘Billionaire Bunker’.
While a part of the administration, Kushner had his fingers on a vast portfolio of work including criminal justice reform, U.S. trade with Mexico and Middle East peace negotiations.
Kushner launched Affinity Partners in the summer of 2021 just months after leaving the White House. He said on Tuesday that when launching the firm he made commitments for the ‘long term.’
Jared and Ivanka’s time as unpaid White House advisers in the Trump administration raised ethical concerns due to potential conflicts of interest.
The couple made between $172 million and $640 million in outside income while working in the White House.
Six months after President Trump left office, Jared secured a reported $2 billion investment in his private equity firm from a Saudi sovereign wealth fund led by Crown Prince Mohammed bin Salman, raising further questions. The crown prince was a close ally to Kushner during his time in the Trump administration.
By the end of 2021 alone, Kushner’s firm received commitments of more than $3 billion, according to a Reuters report despite previously having little to no experience in private equity before launching the fund.
Information on specific investors was not disclosed, but Affinity was targeting American institutions and foreign investment institutions.
While Kushner firmly rejected any current interest in returning to Washington, he did leave the door open for changing his mind.
‘Nothing in my life has gone according to the plans I’ve said,’ Kushner said on Tuesday. ‘That’s been the only consistent thing.’
But when it comes the the former president having to put together a future White House team should he win the election, Kushner said he believes the former president will be able to build his team based on the people who are available.
