Last updated on July 17th, 2019 at 10:31 am

Jeffrey Edward Epstein is a financier, philanthropist, and sex offender enrolled in the United States. Before setting up his own company, J, Epstein started his career at the Bear Stearns investment bank. Epstein and his company.

Early life

Jeffrey Edward Epstein was born on January 20, 1953, in Brooklyn, NewYork City, USA and grown up in Coney Island. He was brought up in a Jewish family. Epstein’s dad was working for the Parks and Recreation Department of New York City.

In 1969 he graduated from Lafayette High School and later he attended courses at Cooper Union and fell out in 1971 and later attended the Courant Institute of Mathematical Sciences at New York University, but left without a degree. And he went to work as a mathematics professor, before being presented by a pupil’s dad as a day trader at Bear Stearns Investment Bank in 1976. Jeffrey’s younger brother Mark Epstein graduated from Cooper Union’s Art School in 1976 and was engaged in actual property as Ossa Properties proprietor.

Jeffrey Epstein Facing Sex Trafficking and conspiracy charges

He is a registered sex offender despite the business reputation he has gained. Moreover, he was jailed for asking for prostitution from an adolescent girl. Jeffrey Epstein was charged in 2006 for paying with underage females for sex. He was convicted of inciting paid sex with a 14-year-old girl after making a deal with the prosecutors in 2008. And sentenced to 18 months in prison, of which he served 13 months. Many charity recipients, including the Palm Beach Police Department, Bill Richardson, and Eliot Spitzer, returned their donations after the case was made public. Harvard University was not on the list of those returning financing, however. It’s worth saying that after his conviction, Epstein is formally recorded as a sex offender.

Jeffrey Epstein seen together with Donald Trump and Melania Trump at Mar-a-Lago on feb 12, 2000.
Fig: Jeffrey Epstein has seen together with Donald Trump and Melania Trump at Mar-a-Lago on Feb 12, 2000.

He is also a friend of President Donald Trump, Prince Andrew, and former president Bill Clinton.

Indictment against Jeffrey Epstein

U.S. vs. Jeffrey Epstein:

Career

He’s a finance man. He initially worked at the Bear Stearns worldwide investment bank and securities trading and brokerage company. He introduced his own business later,  “J. Epstein & Co”. He is the proprietor of the Jeffrey Epstein VI Foundation for Private Science. The textile tycoon Leslie Wexner was his close company partner. “J. Epstein & Co” has undoubtedly been the main source of Jeffrey Epstein’s net worth over the past 30 years. Epstein subsequently re-named his company as The Financial Trust Company in 1996, moving its headquarters to the U.S. Virgin Islands at the same time, no doubt for reasons of tax minimization.

Jeffrey Edward Epstein Networth

Jeffrey Epstein's private iland
Fig: Jeffrey Epstein’s private iland arial view

The financial’s wealth of Epstein is estimated to be as high as $2 billion. His assets include luxury Virgin Islands houses, Palm Beach, Little Saint James, Florida, and New York City apartments. However, the size of the assets of Epstein is contentious. In many publications, he is called a billionaire; although the renowned Forbes Magazine denies this.

Personal Life

Lastly, he has never married in the financial mogul’s private life and has no known kids. No relationship was created public with a girl or female.

Facts

Epstein is also renowned for his deeds of philanthropy. He established the Jeffrey Epstein VI Foundation in 2000; a $30 million donation to Harvard University was one of the largest donations Jeffrey made. The fund has also endorsed many individual scientists around the globe to offer examples such as Gregory Benford, Kip Thorne, Ben Goertzel, George Church, Lee Smolin, Eric Lander, Stephen Hawking and many more.

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