News

22 key media moments in the Epstein case

InvestigationOctober 12, 2020

Leon Black Paid Jeffrey Epstein $158 Million Over Five Years

Published by Wall Street Journal

Summary

The Journal revealed that Apollo Global Management co-founder Leon Black paid Epstein at least $158 million between 2012 and 2017 for tax and estate planning advice. The payments far exceeded typical advisory fees and continued years after Epstein's 2008 conviction, raising questions about what services were actually rendered.

Why It Matters

Led to an independent review by Dechert LLP and Black's eventual resignation as Apollo chairman in March 2021, demonstrating how Epstein maintained financial relationships with billionaires long after his sex offender registration.

Source

Wall Street Journal, by Juliet Chung and Gregory Zuckerman, published October 12, 2020

Leon BlackApollo Global Managementfinancial tiesadvisory feesWall Street Journal
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