Media

Jared Kushner reportedly looking for buyers for New York Observer

Owner of the New York Observer Jared Kushner attends the New York Premiere of 'The Hunting Party' at the Paris Theater on August 22, 2007 in New York City.
Peter Kramer | Getty Images

President-elect Donald Trump's son-in-law, Jared Kushner, is looking to sell his newspaper, The New York Observer, the trade newspaper Women's Wear Daily reported on Wednesday.

It was unclear how much Kushner hopes to get in a sale. Kushner bought the newspaper for $10 million in 2006, according to reports at the time.

Who is Jared Kushner?
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Who is Jared Kushner?

One possible suitor could be American Media, owner of the National Enquirer, according to Women's Wear Daily.

Kushner may be selling the Observer to focus on his political career, according to the report. His wife, Ivanka Trump, is the president-elect's eldest daughter. Both he and his wife advised Trump during his successful presidential campaign.