Josh Kushner is a billionaire tech investor.

He is 41 years old.

He has a famous last name.

But he has stayed out of the spotlight for a long time.

That changed this week.

He and Bob Iger agreed to buy the Los Angeles Lakers.

Bob Iger was the CEO of Disney before.

They buy the team from Mark Walter.

The team is worth $12.5 billion.

That is the highest price ever for a sports team.

Kushner is the younger brother of Jared Kushner.

Jared Kushner is President Donald Trump's son-in-law.

Kushner started the company Thrive Capital in 2009.

He started the health company Oscar Health in 2012.

Forbes says his money is about $5 billion.

He had a small part of the Memphis Grizzlies before.

Then he bought into the Miami Heat.

Iger is 75 years old.

He ran Disney two times over twenty years.

He joined Thrive Capital in 2022.

He left after a few months to go back to Disney.

Iger said the Lakers deal came together in three days.

He and Kushner learned Walter might sell.

He said they also tried to get a new NBA team in Las Vegas.

Kushner and his wife, Karlie Kloss, say they do not share the conservative views of his brother and father.

Kushner has given money to progressive candidates.

Iger says he is a political independent.

Iger liked the Knicks when he was young.

Later he supported the Clippers.

So his Lakers ownership is a big change.