Former President Donald Trump’s son-in-law, Jared Kushner, said he does not plan to serve in a second Trump administration if the Republican presidential candidate wins the 2024 election in November.
Kushner, who was a top Trump White House adviser during his first term, said Tuesday at the Axios BFD conference in Miami that he is enjoying life in the Sunshine State with his wife Ivanka and their three children.
The 43-year-old said he plans to continue working in private equity even if Trump returns to office, saying he has been clear: “My desire at this stage of my life is to focus on my company.”
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.
He now lives in Florida with his family, and plans to move to a mansion in exclusive Indian Creek, known as the ‘Billionaire’s Bunker’.
Kushner, speaking at the Axios BFD conference in Miami on Tuesday, said he made “long-term” commitments in creating his private equity firm.
Jared Kushner, Ivanka Trump and their three children have lived in Florida since former President Trump left office in 2021.
While in the administration, Kushner had a broad portfolio of work under his belt that included 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 Tuesday that in launching the company he made “long-term” commitments.
Jared and Ivanka’s time spent as unpaid White House advisers in the Trump administration raised ethical concerns due to potential conflicts of interest.
The couple earned 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 $2 billion investment in his private equity firm from a Saudi sovereign wealth fund led by Crown Prince Mohammed bin Salman, raising more questions. The crown prince was a close ally of Kushner during his time in the Trump administration.
Jared and Ivanka, who served as senior advisers to the Trump administration, were at the White House in December 2019.
Kushner and Trump are seen with Mohammed bin Salman, the crown prince of Saudi Arabia, in Riyadh in May 2017.
Kushner is seen at the White House among Saudi Arabian officials in March 2018.
In late 2021 alone, Kushner’s firm received more than $3 billion in commitments, according to a Reuters report, despite having little to no private equity experience before launching the fund.
No information about specific investors was disclosed, but Affinity targeted U.S. institutions and foreign investment institutions.
While Kushner firmly rejected any current interest in returning to Washington, he left the door open to changing his mind.
“Nothing in my life has gone according to the plans I’ve said,” Kushner said Tuesday. “That’s been the only consistent thing.”
But when it comes to the former president having to build a future White House team if he wins the election, Kushner said he believes the former president will be able to build his team based on the people who are available.