Exclusive: Chairman of Duty Free Americas Lists Puerto Rico Mansion for $65 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 21 2025
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Source: WSJ
Background of the Falics: Duty Free-store mogul Simon Falic and his wife, Jana, first visited Puerto Rico nearly 50 years ago when they eloped, and they rekindled their love for the island during a 2015 stopover.
Property Purchase: The couple decided to purchase a lot in the Dorado Beach, a Ritz-Carlton Reserve resort, after their visit in 2015.
Mansion Listing: They are now listing the mansion they built on the property for $65 million.
Potential Record Sale: If sold at or near the asking price, the property would set a record for real estate sales in Puerto Rico, according to listing agent PaulaSuzanne Lapciuc.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
