"He came to the country, and he had to make a deal with me because he needed a place to stay. […] He paid me a fortune," the billionaire said in an interview with CBS’ "Face the Nation" show.
After failed attempts to secure space in Central Park and some other New York locations the Libyan government turned to Trump who owned an estate in suburban Bedford.
Despite protests from local authorities the tent was finally pitched. However, Gaddafi never stayed at the property.
"Never got to stay there. And it became sort of a big joke," Trump added.
He also admitted that at the time he had no idea that it was the former Libyan leader who rented his suburban estate.