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Josh Kushner Sold Minority Stake In Grizzlies To Buy Into Heat

Summary by realgm.com
Josh Kushner recently sold his small stake in the Memphis Grizzlies to purchase a similar sized stake in the Miami Heat, a source confirmed to the New York Post. Kushner, who is the brother of Jared Kushner and brother-in-law of Ivanka Trump, bought the stake in the Grizzlies in 2019. Kushner is the founder of Thrive Capital and worth an estimated $3.8 billion. Overall, Thrive recently eclipsed $25 billion in assets under management. Thrive purc…
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realgm.com broke the news in on Monday, May 12, 2025.
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