re: Asked my leftist acquaintance about the $20 million the Bidens got while Joe was VP

quote:

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There is no helping you if you can’t see the difference. Jared doesn’t own the $2 billion. When you make contributions to your 401k, don’t you still consider that your money even though it’s at Fidelity or wherever you send it? The $2 billion still belongs to the Saudi’s but when your brainwashed, maybe you just refuse to understand common sense

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Absolutely. Kushner is managing a private equity fund, and that money was an investment in that fund.

But it isn't QUITE that simple.

Why would Kushner want to manage a private equity fund? It isn't some charity on his part. He wants to make money, right? Typical management fee is about 2% per year. Check my math, but that is about $40mm per year from the Saudi investment, isn't it?

If Kushner were not Trump's son-in-law, would the Saudis have made that investment with a 40yo kid whose work experience consists of "working for Daddy and running a weekly tabloid?" Of course not.

Do the Saudis not see some benefit in giving Trump's son-in-law $40mm per year? Other than the vastly-different scale, how is that different from Burisma giving money to Biden's son?