Thomas Barrack “too rich” to be Trump’s chief of staff

The billionaire real estate mogul turned down the job, a new tell-all claims

TRD LOS ANGELES /
Jan.January 05, 2018 01:00 PM
Thomas Barrack and Donald Trump (Art by Erica Press for The Real Deal) (Credit: Getty Images, Gage Skidmore, Pixabay, Max Pixel)

Billionaire Colony NorthStar head Thomas Barrack could have been Donald Trump’s chief of staff, but turned down the job because he was “just too rich” and didn’t want to raise his profile any further, a new tell-all claims.

The real estate mogul and longtime friend of the commander-in-chief was offered the gig by Trump but declined — saying it would drag his personal life into the spotlight and likely force him to untangle several of his business interests, including some in the Middle East, according to a Bloomberg report on Michael Wolff’s much-buzzed-about new book, “Fire and Fury: Inside the Trump White House.”

The book also says that Barrack called Trump crazy and stupid, but Barrack denied the statements and said Wolff did not interview him for the book.

The 70-year-old Barrack, who has known Trump for decades, made his wealth through real estate and investments in distressed assets. He sold his Santa Monica mansion on San Vicente Boulevard for $34 million last year.  [Bloomberg] – Eddie Small


Related Articles

arrow_forward_ios
From left: Jeff Worthe, Joyce Rey, Geoff Palmer, Jaime Lee and Frank Gehry (Credit: Alberto E. Rodriguez/Getty Images, Jonathan Leibson/Getty Images, Grant Smith/Construction Photography/Avalon/Getty Images)

Here are LA’s real estate players who donated to Biden and Trump in 2020

Here are LA’s real estate players who donated to Biden and Trump in 2020
Los Angeles apartments (Credit: iStock)

Expanded unemployment has kept California renters afloat. But that’s set to expire

Expanded unemployment has kept California renters afloat. But that’s set to expire
A rendering of Times Mirror Square

Onni Group’s Times Mirror Square project clears major hurdle

Onni Group’s Times Mirror Square project clears major hurdle
Gary Gold, Paul George, Deandre Jordan, Jeff Bezos, and Garrett Camp (Credit: Getty Images, Flickr, Hilton & Hyland, Google Maps, Realtor, Pinterest, and iStock)

Long live NAR: Agents won’t defy powerful trade group in pocket listings spat

Long live NAR: Agents won’t defy powerful trade group in pocket listings spat
Mitchell Englander in front of L.A. City Hall (Credit: Lilly Lawrence/Getty Images, and iStock)

Ex-LA council member surrenders to FBI in real estate probe

Ex-LA council member surrenders to FBI in real estate probe
David Ryu (Credit: Getty Images)

LA becomes 1st city to enact ban on developer money

LA becomes 1st city to enact ban on developer money
From left: Jose Huizar, Huang Wei, Mohamed Hadid, Robert Herscu, Raymond Chan, and Arman Gabay, with Los Angeles City Hall (Credit: iStock and Getty Images)

Real estate’s role in LA corruption scandals

Real estate’s role in LA corruption scandals
From left: Governor Gavin Newsom, Assemblymember David Chiu, Senator Holly Mitchell, and Senator Nancy Skinner (Credit: Getty Images)

Here are the key housing and rent control bills state lawmakers are debating

Here are the key housing and rent control bills state lawmakers are debating
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...