collected by :John Locas
as declared in
Read more at The Wall Street Journal.
The piece reports that the mine was denied by the Department of the Interior on the basis that it would cause “serious and irreplaceable harm to this unique, iconic and irreplaceable wilderness area.”
A spokesperson for Ivanka Trump did not immediately respond to CNBC’s requests for comment.
Although he does own the house she stays in, there are no other known ties between Luksic and Trump.
A White House spokesman told The Wall Street Journal that Kushner and Trump pay fair market value for the house and they were not aware of the legal battle when they signed the lease.
as mentioned in
President Trump’s daughter and her husband, who is a top White House adviser, moved into the house around Inauguration Day.
Ivanka Trump and Jared Kushner are renting their Washington, D.C., mansion from a Chilean billionaire who is suing the U.S. government over a Minnesota mine.
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The house was bought for $5.5 million by a company controlled by Andrónico Luksic in late December, the Wall Street Journal reported Wednesday .
as mentioned in
Ivanka Trump’s landlord is a Chilean billionaire suing the US government
Requests for comment from Mr. Luksic were referred to Rodrigo Terré, a relative of Mr. Luksic’s who manages the billionaire’s personal investments.
Ms. Trump and Mr. Kushner are President Donald Trump’s daughter and son-in-law.
The pair weren’t aware of Mr. Luksic’s U.S. business interests at the time they agreed to rent the house, she said.
Mr. Luksic’s family is the wealthiest in Chile, by some accounts, and controls a mining, banking and industrial empire that Forbes estimates is valued at $13.1 billion.
Mr. Kushner is a top White House adviser.