Feb 13 • 19:42 UTC 🇩🇪 Germany FAZ

How Jeffrey Epstein Became Rich: From Math Teacher to the World of Billionaires

The article explores the rise of Jeffrey Epstein from humble beginnings as a math teacher to becoming a wealth manager for the ultra-rich, highlighting his influential clients.

The article delves into Jeffrey Epstein's transformation from a math teacher to a prominent wealth manager for billionaires, underscoring the enigmatic strategies he utilized to climb the social ladder. His tenure as a financial advisor placed him among elite circles, raising questions about his methods in accumulating wealth. Notably, two of his clients played pivotal roles in his career, significantly impacting his fortune and connections.

Leslie Wexner, the 88-year-old founder of a retail empire that included brands such as Victoria’s Secret and Abercrombie & Fitch, was one of Epstein's crucial clients. His estimated net worth exceeds nine billion dollars. The other key client was Leon Black, the 74-year-old co-founder of Apollo Global Management, who also earned Epstein the moniker 'Mr. Big.' Black's wealth is also substantial, estimated at over thirteen billion dollars. Their relationships not only helped elevate Epstein's status but also added layers of complexity to his legacy and the controversy surrounding his life.

Overall, the piece highlights the opaque nature of Epstein's financial practices and the significant impact that his relationships with powerful individuals had on his success. It raises broader questions about the dynamics of wealth management and the social networks intertwined with power and privilege, illustrating how Epstein's life story is emblematic of the intricate and often shadowy world of elite finance.

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