Politics
Family of U.S. Ambassador Woody Johnson Bought London Properties, Sources Say
- Johnson’s relatives paid $395 million for two office buildings
- Ethics expert sees appearance of conflict for Trump appointee
Photographer: Matthew Lloyd/Bloomberg
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The family of Woody Johnson IV, the U.S. ambassador to Britain, bought a pair of office buildings in London’s financial district for about 300 million pounds ($393 million), according to people with knowledge of the deals.
The Donald Trump appointee, a billionaire heir to the Johnson & Johnson fortune, wasn’t directly involved in the 2018 acquisitions, said the people, who asked not to be identified because the deals were private. The investments were made on behalf of relatives by the Johnson family private office, which bought the buildings through New-York based investment firm Ella Valley Capital. The ambassador will not be a beneficiary of the investments, the people said.