Jeffrey Epstein’s net worth stood at over half a billion dollars before his death, according to court documents.
Why It Matters
Epstein was a multimillionaire financier and a convicted sex offender who was accused of preying on underage girls as young as 14. He died in 2019 in a cell in New York’s Metropolitan Correctional Center while awaiting trial for sex trafficking charges.
On Thursday, Attorney General Pam Bondi vowed to release a list of people flown by Epstein to his private island.
What To Know
Lawyers for Epstein disclosed information about his financial standing during his 2019 criminal proceedings.
What Was Jeffrey Epstein’s Net Worth?
In a 2019 financial disclosure filed by Epstein’s lawyers, his total assets were $559,120,954.
His total cash was listed as $56,547,773. His fixed income was $14,304,679, and his equities $112,679,138. He had $194,986,301 in hedge funds and private equity.
He also owned multiple multimillion-dollar properties.
AP Photo/Palm Beach Sheriff’s Office, File
How Did Jeffrey Epstein Make His Fortune?
Epstein began working at investment bank Bear Stearns as a junior assistant to a floor trader in 1976. He later became an options trader and adviser to some of the bank’s wealthiest clients.
Epstein became a limited partner in 1980 but was asked to leave the company a year later. He founded a consulting firm called Intercontinental Assets Group Inc. (IAG) and a financial management firm called J. Epstein & Company.
He also worked as a consultant for the collection agency Towers Financial Corporation.
Epstein also invested in hedge funds and owned property in New York, Florida, New Mexico, France and the Virgin Islands.
How Much Did Jeffrey Epstein’s Island Sell For?
Epstein purchased Little Saint James, a private island in the U.S. Virgin Islands, for $7.95 million in 1998. He bought a neighboring island, Great Saint James, in 2016 for $22.5 million.
The islands were listed at $125 million in 2022.
Billionaire Stephen Deckoff purchased the islands for $60 million a little over one year later.
What People Are Saying
Attorney General Pam Bondi said during an interview with Fox News in November 2024 that anyone named in documents related to Epstein “still fighting to keep their names private…they have no legal basis to do so unless they’re a child, a victim or a cooperating defendant.”
What Happens Next
Bondi sent a letter to FBI Director Kash Patel on Thursday asking the agency to deliver the “full and complete Epstein files” to her office by Friday, including “all records, documents, audio and video recordings, and materials related to Jeffrey Epstein and his clients, regardless of how such information was obtained.”
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