Tech investor Josh Kushner quietly bought stake in this NBA team last year: source

Tech investor Josh Kushner quietly bought stake in this NBA team last year: source

Thrive Capital boss Josh Kushner quietly bought a small stake in the NBA’s Miami Heat last year, a source familiar with the situation confirmed Friday.

SCIENCE & TECH: Tech investor Josh Kushner quietly bought stake in NBA’s Miami Heat last year: source – U-S-NEWS.COM

Thrive Capital boss Josh Kushner quietly bought a small stake in the NBA’s Miami Heat last year, a source familiar with the situation confirmed Friday. The prominent tech investor, 39, sold the small stake in the Memphis Grizzlies that he acquired in 2019 to clear the way for the deal. A spokesman for Kushner declined to comment. Representatives for the Heat, Grizzlies and NBA did not immediately return requests for comment. Josh Kushner founded…

Jared Kushner’s Brother Owns Small Stake in Miami Heat

A spokesperson for the Heat confirmed that the sale of a minority stake to Josh Kushner, founder of Thrive Capital, happened late last year.

Joshua Kushner Purchases Minority Stake In Heat

Billionaire tech investor Joshua Kushner, the founder and managing partner of Thrive Capital, has purchased a minority stake in the Heat, the team confirmed today (Twitter links via Barry Jackson of The Miami Herald). Puck News, which first reported the transaction, said Kushner will control less 5% of the Heat. Those shares will not come from majority owner Micky Arison, per the team. According to Thomas Barrabi of The New York Post, Kushner ac…