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  HOME | Chile

Chilean Billionaire Luksic Plays Down Renting House to Ivanka Trump

SANTIAGO – Chilean billionaire Andronico Luksic, who owns the Washington house being rented by Ivanka Trump, said in a Twitter post on Thursday that he could not understand the sudden interest in the real estate deal.

“What’s the scandal? A house was rented and they are paying a good rent,” Luksic tweeted in response to a Wall Street Journal story about the American first daughter renting a house from the financier, who owns a company involved in litigation with the US government.

The Journal reported that Luksic, one of Chile’s richest businessmen, was renting the property to President Donald Trump’s daughter at the same time that one of his companies was suing the federal government over a mining project that had been blocked in Minnesota.

“A regrettable article that mixes two completely independent matters. What’s the purpose?” tweeted Luksic, whose fortune is estimated by Forbes at $13.2 billion.

The 62-year-old Luksic said he did not have any relationships with Trump or his family.

“I don’t know President Trump or any members of his family. About 4 or 5 years ago, I greeted him at the Patriots stadium in Boston,” Luksic said.

The Chilean billionaire said his Blue Lagoon company is renting the house to Ivanka Trump and her husband, Jared Kushner.

“We’ve been investing in the United States for more than 15 years, this is just another rental,” Luksic said.

Blue Lagoon, according to The Wall Street Journal, purchased the house for $5.5 million a few weeks before Ivanka Trump and her family moved to Washington in January.

The Obama administration blocked the Minnesota mining project, which is being developed by another company belonging to Luksic, on environmental grounds.

 

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