Josh Kushner is a billionaire who invests in technology.

He is 41 years old.

For a long time, he stayed away from the spotlight.

This is true even though his family name is famous.

That changed this week.

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

Iger used to be the head of Disney.

They are buying the team from Mark Walter.

The deal values the team at $12.5 billion.

That is the highest price ever paid 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 investment company Thrive Capital in 2009.

He also started the health insurance company Oscar Health in 2012.

Forbes says his money is about $5 billion.

Before, he owned a small part of the Memphis Grizzlies.

Later, he bought a part of the Miami Heat.

Iger is 75 years old.

He ran Disney for two periods of time over more than 20 years.

In 2022, he joined Thrive Capital as a partner.

But 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 that Walter might sell.

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

Kushner and his wife, Karlie Kloss, have said 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 grew up liking the Knicks.

Later, he became a big supporter of the Clippers.

So his ownership of the Lakers is a big change.