Thrive Capital's Josh Kushner amasses $18B fortune as investments soar

OpenAI: OpenAI is an AI research and development company at the forefront of advanced artificial intelligence models and applications. Thrive Capital has been a major early investor in the company, with its stakes forming a core part of recent portfolio gains. These holdings have been central to the value appreciation driving Josh Kushner's reported fortune. SpaceX: SpaceX is an aerospace and space exploration company known for its innovations in reusable rockets and satellite systems. It recently went public in 2026, amplifying returns for early investors including Thrive Capital. The company's performance has been a key factor in the surge of Thrive's assets tied to the news event. Josh Kushner: Josh Kushner is the founder and leader of Thrive Capital, a venture firm he established over a decade ago. He has steered its growth beyond traditional startup investing into public markets, AI-enhanced operating companies, and high-profile assets. His personal wealth has been closely linked to the firm's successful positions in companies like OpenAI and SpaceX, as detailed in recent coverage of his fortune. Thrive Capital: Thrive Capital is a New York-based venture capital firm founded by Josh Kushner that focuses on early-stage investments in technology and growth companies. It has expanded strategies including Thrive Holdings to acquire and apply AI to traditional businesses, and Thrive Eternal for long-term holdings in resilient assets. The firm recently benefited from value increases in its holdings in OpenAI and SpaceX, contributing directly to the wealth surge highlighted in the news. Deal Involvement: Thrive and Kushner have participated in prominent 2026 transactions including sports franchise investments and other high-visibility opportunities tied to their evolving portfolio. Investment Focus: Thrive Capital has pursued a concentrated approach with major stakes in AI and space technology leaders that have driven substantial portfolio appreciation in recent months. Strategy Expansion: The firm is broadening into permanent capital vehicles and operating businesses to transform them with AI while targeting assets expected to withstand technological disruption.