Here is everything you should know about the father of Jared Kushner – the former Senior Advisor to the President of the United States.
Real estate developer and supporter of the Democratic Party who was found guilty in 2005 of tax fraud and making unauthorized payments to political campaigns. Joseph and Rae Kushner, two Jewish Holocaust survivors who were born in eastern Poland and immigrated to the US in 1949, had their first child, Charles Kushner, on May 16, 1954.
He was given the name Chanan at birth in honor of a maternal uncle who perished during the Holocaust in a concentration camp. Alongside his older brother Murray Kushner and sister Esther Schulder, he grew up in Elizabeth, New Jersey. His father was a builder, a real estate investor, and a construction worker. In 1979, Charles earned a law degree from Hofstra University.
He was found guilty in 2005 of corrupting witnesses, tax evasion, and unlawful political donations. Following his release, he continued his real estate profession after serving 14 months in federal prison and an additional ten months in a halfway home. Ivanka Trump’s spouse and key adviser to President Donald Trump is his son, Jared Kushner.
Charles received his degrees from the law school at Hofstra University and the Stern School of Business at New York University. He started taking care of his father’s portfolio of 4,000 units in New Jersey in 1985. He established the Florham Park, New Jersey-based Kushner Companies and rose to the position of chairman. Charles was honored as the New Jersey Entrepreneur of the Year by Ernst & Young in 1999. Kushner Companies has expanded to include more than 10,000 apartment buildings, a homebuilding company, commercial and industrial assets, and a community bank at a time.
The Federal Election Commission fined Kushner $508,900 on June 30, 2004, for giving to Democratic political campaigns in the names of his partnerships when he lacked the authority to do so. Following an investigation by the United States Attorney’s Office for the District of New Jersey, he reached a plea bargain with U.S. Attorney Chris Christie in 2005, under which he pled guilty to 18 charges of illicit campaign donations, tax fraud, and witness tampering.
The witness-tampering accusation stemmed from Kushner’s vengeance against William Schulder, his sister Esther’s husband, who was working with federal authorities; Kushner hired a prostitute he knew to seduce his brother-in-law, arranged to videotape the encounter and had the tape given to his sister. He was given a two-year sentence, and after serving 14 months in the Federal Prison Camp in Montgomery, Alabama, he was sent to a halfway house in Newark, New Jersey, where he finished his term. On August 25, 2006, he was freed from prison.
Charles Kushner moved his business operations from New Jersey to New York City after being released from jail. Kushner Companies purchased the Manhattan structure at 666 Fifth Avenue for $1.8 billion at the beginning of 2007. His personal worth and the net wealth of his family are believed to be $1.8 billion. He has two other prisoners on the job who he got to know while inside.
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