So, last week it was reported that Jared Kushner’s younger brother, Josh, 37, sold a stake in his venture firm, Thrive Capital, to a group of big-name investors, who paid $175 million; the deal valued Thrive at $5.3 billion – which makes Josh’s personal wealth worth $3.7 billion. It makes him richer than Donald Trump, whose net worth is estimated at $2.6 billion and also richer than his brother, Jared whose fund, Affinity is much smaller even after the Saudis, controversially, invested $2 billion in it.

Unlike Jared, Josh is known for hard work and “keeping his nose clean” and staying out of the press. Except in one regard: he’s married to the supermodel, Karlie Kloss. But, as supermodels go, Kloss is exceptional. She’s a highly successful entrepreneur, reportedly an extremely decent person, and the only gossipy thing known about her is that, perhaps, she does not see eye to eye politically with her sister-in-law, Ivanka Trump.

I phoned around Wall Street this week to ask about what people thought of the deal and valuation and the universal view was that Josh Kushner has hung onto good people and deserved his success. Although, It’s important to remember that a valuation of $5.3 billion, is only a paper valuation. “Instacart was at 40 billion a year ago and now it’s at nine. Nobody got out at 40,” said one senior investment. “Josh Kushner is so young, there’s plenty he’s never seen.”

Still, a few years ago I met Josh Kushner and I did find him thoughtful, ambitious and quietly impressive. He seemed authentic. I needed to look up my own 2019 book to remember the exact details of what I’d reported on him. Turns out his upward trajectory was long predicted.

An excerpt from my 2019 book, Kushner, Inc, on “Vicky Ward Investigates”