Leon Black, a billionaire financier, allegedly wired disgraced financier Jeffrey Epstein at least $50 million since 2008, despite denying a deep relationship with him, according to the New York Times.
Black, an executive at Apollo Global Management, said in 2019 that Epstein had never done any business with Apollo. However, he did note that Epstein did do personal work for him.
“Mr. Epstein has provided professional services to my family partnership and related family entities, involving tax, estate planning, and philanthropic advice,” according to a transcript of the phone call. Black also said he donated to “charitable organizations” that Epstein was affiliated with.
Black wired Epstein at least $50 million in the years following Epstein’s 2008 conviction for soliciting prostitution from a teenage girl, and the numbers appear to be a bit shady, The New York Times (NYT) reported.
Among the transfers, $10 million reportedly went toward a foundation Epstein started. Two people familiar with the transfers estimated the money wired from Black to Epstein could be as high as $75 million, per the same report.
In 2011, Epstein’s financial advisory firm – Financial Trust – and Black and his family members invested in an emissions