Sports

Who is Joshua Kushner, the billionaire tipped to lead World Cup sale talks?

Who is Joshua Kushner, the billionaire tipped to lead World Cup sale talks?

Fifa boss Gianni Infantino’s proposal to sell off stakes in football’s most prestigious tournaments has prompted

Fifa boss Gianni Infantino has prompted outrage among football fans and governing bodies alike after suggesting his organisation could sell off stakes in prestige tournaments like the World Cup to private investors.

The idea has met with resistance from Uefa, which governs European football, and fans, who suggest it could create undue commercial pressure on the game’s decision-makers.

But, should Fifa go ahead with the plan, a Jewish billionaire with links to the Trump administration has already been tipped to lead the negotiations.

Joshua Kushner, whose brother Jared is married to President Trump’s daughter, Ivanka, is reportedly in line to take a leading role in facilitating private investment in Fifa events.

Born in Livingston, New Jersey, Kushner attended Yeshivat Reishit, a Modern Orthodox yeshiva located in Jerusalem and Beit Shemesh, before going on to Harvard, where he obtained a bachelor’s degree in government in 2008.

He subsequently worked for Goldman Sachs for a year before returning to Harvard to study for an MBA at Harvard Business School, graduating in 2011.

Whilst an undergraduate, Kushner co-founded Vostu, a social network which later became a gaming platform based in Brazil.

As a student at Harvard Business School he founded Thrive Capital, a venture capital firm, through which he made his fortune.

Thrive has invested in major companies such as OpenAI, GitHub, Instagram, and Spotify, which have brought significant returns, as well as Israeli companies including cybersecurity startup Wiz, Melio, and Lemonade.