Billionaire Joshua Kushner just bought the Lakers for $12.5 billion—OpenAI’s Sam Altman once said he ‘doesn’t care’ what others think

Source: Fortune· Orianna Rosa Royle· August 14, 2026
Billionaire Joshua Kushner just bought the Lakers for $12.5 billion—OpenAI’s Sam Altman once said he ‘doesn’t care’ what others think
SynaBot summary

Joshua Kushner, co-founder of Thrive Capital, is reportedly finalizing a $12.5 billion acquisition of the Los Angeles Lakers alongside Bob Iger. This marks a significant investment in sports entertainment by a prominent tech investor.

Key takeaways

  • Joshua Kushner leads a $12.5 billion bid for the Lakers.
  • Bob Iger is partnering with Kushner on the deal.
  • This investment merges tech investment with sports ownership.
  • The deal awaits NBA approval.

Why it matters

This acquisition highlights how major tech figures are diversifying investments into sports, potentially integrating AI and advanced analytics into team management and fan engagement. It signals a growing intersection of technology and traditional industries.

This story was reported by Fortune. Read the full original article:
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