Memphis Grizzlies

Joshua Kushner purchases minority stake in Memphis Grizzlies

Published Mar. 23, 2019 5:14 p.m. ET

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MEMPHIS, Tenn. (AP) — Joshua Kushner, the brother of President Trump's son-in-law, has purchased a minority stake in the Memphis Grizzlies.

A Grizzlies team spokesman has confirmed that Kushner and Brandon Arrindell "recently, in their respective individual capacities" purchased minority stakes in the franchise.

The Grizzlies haven't said how much of a stake they purchased.

Kushner is the younger brother of Jared Kushner, who serves as a senior adviser to Trump.

Joshua Kushner is a venture capitalist who founded the Thrive Capital investment firm.

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