Kushner Legal Team: $2 Billion Gulf Fund Claims in New Book Are Fiction

Jared Kushner’s legal team is preparing to sue the author of a new book that claims he controlled more than $2 billion in secret accounts funded by Middle Eastern governments. The dispute centers on "Princes and Thieves: Jared Kushner and Mohamed bin Zayed's Secret Plot to Remake the Middle East," which alleges Kushner used foreign slush funds to buy influence within the U.S. government.

Kushner rejected the account as baseless in a statement released Thursday night. He said the author offered no verifiable evidence, including bank statements, wire transfer records, or transaction dates. His attorney labeled the claims false and defamatory, indicating the team will pursue legal action against responsible parties without naming specific individuals.

The allegations stem from an excerpt published Thursday in Vanity Fair. The text describes how Dutch intelligence agents learned in 2017 that Russian spies had hacked Kushner’s iPhone. According to the book, the Dutch service turned a Russian spy and gained access to the device, allowing them to monitor his screen and capture images he viewed.

The report claims the spies observed Kushner logging into a United Arab Emirates account that had received hundreds of millions of dollars from an Azerbaijani bank. It further alleges that Saudi Arabia and the UAE deposited at least $2 billion into several accounts tied to Kushner, including one held at Israel’s Central Bank. The book states these accounts were often presented as official government bodies or charities but were actually used for off-the-books diplomatic objectives, such as brokering a deal to end the Israeli-Palestinian conflict.

The excerpt identifies Saudi Crown Prince Mohammed bin Salman as the source of roughly $1 billion in at least one account. A person with knowledge of the money, cited in the book, said the allocation was for Kushner’s personal benefit. The claims cover Kushner’s tenure as a senior White House adviser in the first Trump administration, a role in which he helped negotiate major deals involving Israel, the Gulf states, China, and Russia.

White House communications director Steven Cheung dismissed the book as complete fiction on X. He described the author as a failed spy thriller writer who relied on mysterious words from unnamed sources without providing documentation. Kushner, the son-in-law of President Trump, said his side denied every claim on the record while the author provided no single shred of verifiable evidence.