Ivanka Trump and Jared Kushner are renting a Washington, D.C., home from a Chilean billionaire who bought it after the November election and whose company is embroiled in a dispute with the U.S. government over a mine potentially worth billions of dollars.
The six-bedroom house in the capital’s Kalorama neighborhood was bought for $5.5 million in late December by a company controlled by Andrónico Luksic, according to public records and interviews. 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.
Ms. Trump and Mr. Kushner are President Donald Trump’s daughter and son-in-law. The couple moved into the house with their family around the time of his inauguration. Mr. Kushner is a top White House adviser.
The Obama administration in its waning days blocked a Luksic-company plan to build a giant copper-and-nickel mine adjacent to a Minnesota wilderness area, citing environmental concerns. The company and some Minnesota politicians are urging the Trump administration to reverse the decision.
Requests for comment from Mr. Luksic were referred to Rodrigo Terré, a relative of Mr. Luksic’s who manages the billionaire’s personal investments. Mr. Terré said that a Luksic company, Tracy DC Real Estate Inc., bought the Washington house as an investment and that the rental to the couple was coincidental. He said the couple was paying “absolute market value” in rent, declining to disclose the amount.
He said “categorically” there was no relationship between the house rental and the Minnesota mining dispute, adding that he and Mr. Luksic had not met their famous tenants.
A White House spokeswoman said that the family was paying “fair market value,” that the mining issue has never come up, and that the couple hasn't met or spoken to the home’s owner. The pair weren’t aware of Mr. Luksic’s U.S. business interests at the time they agreed to rent the house, she said.