Randall WilliamsAug 13, 2026 – 1.18amJosh Kushner and Bob Iger are buying the Los Angeles Lakers basketball team for a record-breaking price of more than $US12 billion ($16.9 billion) according to people familiar with the matter.Kushner is the brother of Jared Kushner, son-in-law of US President Donald Trump and is managing partner and co-founder at Thrive Capital.BloombergSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles