Jeffrey epstein net worth

Jeffrey epstein net worth

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Jeffrey Epstein net worth and fortune

Jeffrey Epstein net worth is estimated in 2019 at around $ 500 million , his source fortune, youth and personal career.

General informations

  • Fortune: $ 500 million
  • Date of birth: January 20, 1953
  • Death: August 10, 2019 (aged 66)
  • Country of origin: United States
  • Source of wealth: Businessman

Contents

Introduction

Jeffrey Epstein is an American businessman and child criminal.

Jeffrey Epstein made his fortune in finance working at Bear Stearns, also with his firm, J. Epstein & Co.
Between (2008 and 2009), he served a 13-month prison sentence in a prostitution case involving a minor.

What is the fortune of Jeffrey Epstein?

In 2019, Jeffrey Epstein’s net worth and fortune before his death is estimated at around $ 500 million.

Youth of Jeffrey Epstein

Jeffrey Epstein born January 20, 1953 in Brooklyn and died August 10, 2019 in Manhattan, United States.

In his youth his father worked for the green spaces of the city.
Between (1969 and 1971), Jeffrey Epstein studied at Lafayette High School in New York, then at the Cooper Union.

After he left without having the diploma.

Jeffrey Epstein career

Jeffrey Epstein began his trading career with Bear Stearns in 1976, then in 1980 he became a partner of Bear Stearns.

Then in 1982, Jeffrey Epstein founded his own financial management company (J. Epstein & Co).
Then Jeffrey Epstein was put in charge of managing the assets of clients worth a billion dollars.

In 1987 he met Leslie Wexner, the founder and president of The Limited chain of stores, and the following year Leslie bought an American company “Abercrombie & Fitch”.

In 2003, Jeffrey Epstein made a takeover bid for New York Magazine, facing the marketing entrepreneur.
Then without even a year Jeffrey Epstein established a Program to Study Evolutionary Dynamics at the Molecular Biology Scale and donating $ 30 million to Harvardn University is the source of his fortune.

He meets many famous personalities, like Bill Clinton and Kevin Spacey, and also scientific personalities, like Gerald Edelman, Stephen Hawking, Kip Thorne and more others.

In 2002, Donald Trump said he had known Jeffrey Epstein for 15 years.

So in 2019, Jeffrey Epstein’s net worth estimated at around $ 500 million.

Strong points

Here are some of the best moments from Jeffrey Epstein’s career:

Created a foundation ‘baptized Jeffrey Epstein VI Foundation‘ (2000)
Invest $ 25 million to finance Radar magazine (2004)

Summary

Between (1973 and 1975), Jeffrey Epstein taught mathematical analysis and physics at the Dalton School in Manhattan.

In 2002, to promote the former president in his efforts to fight AIDS, Jeffrey Epstein flew Bill Clinton, Chris Tucker and Kevin Spacey to Africa in a private jet, against powerful personalities who were part of the fortune. of Jeffrey Epstein would be due to blackmail.

Finally in 2019, Jeffrey Epstein’s net worth at the time of his death is estimated at a fortune of $ 500 million.

The financier accused of sexual abuse of minors wrote a will before committing suicide. But who leaves the beneficiaries a secret.

Two days before his death, Jeffrey Epstein wrote a will from his prison. All his fortune is transferred to a trust, called The 1953 Trust, probably in reference to the year of his birth. According to the New York Post which revealed the document, the will does not name beneficiaries. The purpose of this trust, according to specialists, is to prevent details of his fortune and investments, which he has always surrounded the greatest mystery, from being revealed. If the will is made public, the trust and its beneficiaries remain confidential. The document still gives details of his money, the origin of which has always been very murky. The fortune of the financier accused of sexual abuse of minors is estimated at $ 577 million, including $ 56 million in cash. This is 18 million more than the amount he had declared to justice when he applied for supervised release. He owns two islands in the Caribbean valued at over $ 80 million, a ranch in New Mexico for $ 17 million, a property in Florida, a seven-story house in Manhattan valued at $ 56 million, and apartments in Paris. According to US media, SCI JEP, a French company, holds title to seven apartments at 22 Avenue Foch, valued at $ 8.67 million.

The document also lists “aircraft, automobiles and ships”, valued at some $ 18 million, and more than $ 194 million in unspecified investments. But the amount of the fortune is undoubtedly higher, because the will specifies that its collection of art and antiques remains to be estimated. Jeffrey Epstein was known to own some strange works of art, many of them erotic. In his New York home, for example, he had a chess board with figures in underwear representing his employees, a life-size doll hanging from a chandelier, a room decorated in beach decor, and a mural showing a prison scene with Epstein painted in the middle. He also had a very bizarre picture of Bill Clinton in a blue dress with red pumps.

Who will be the beneficiary?

The document, which is 21 pages long and was registered in the Virgin Islands, presumably again to try to keep it as confidential as possible, was signed on August 8. Less than 48 hours later, the financier was found unconscious in his cell. The will names two relatives, Darren Indyke, a lawyer, and Richard Kahn, a businessman, as executors. He also mentions Boris Nikolic, an alternate executor, in case the other two cannot cope with their task. Boris Nikolic is a biotech scientist and entrepreneur who served as a scientific advisor to Bill Gates and his foundation. In a press release obtained by Bloomberg, Nikolic said he was “shocked”. “I was not consulted on this matter and I have no intention of fulfilling these obligations. »There are no names of beneficiaries of the trust. The will notes that his brother Mark Epstein is the only remaining potential heir. But that he cannot claim fortune since Jeffrey left a will.

It promises great legal battles that will last for years. Is Mark going to challenge the will? Will justice freeze assets while investigations are completed? And above all, the money cannot be distributed as long as there are ongoing trials. However, at least three women have taken legal action against the financier. Two who wanted to become models are asking for 100 million damages. They accuse him of sexually assaulting them in his New York home. A third, Jennifer Araoz, says Epstein raped her multiple times when she was 14.

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