Originally posted on August 11, 2019 @ 9:25 pm
Jeffrey Epstein was an American financer from Brooklyn, New York. His hard work and dedication brought him an abundance of wealth over the years. The 66-year-old financer started off working at Bear Stearns Investment Bank. Years later, he would go on to start a firm, J Epstein and Co. Read this to know Jeffrey Epstein Net Worth.
It came as a shock when Jeffrey was arrested on the 6th of July 2019. He was brought up on sex crimes stemming back to the early 2000s. The financer was accused of setting up a prostitution ring with underage girls for his clientele. Some of the girls in question were less than fifteen years old. It recently came to light that Jeffrey Epstein committed suicide while he was locked up in Manhattan.
Jeffrey Epstein Net worth: $ 1 billion
Hedge fund owners and financers are some of the highest-paid people around. This is especially true for those with their own firms. Jeffrey used to manage J Epstein $ Co before sexual allegations forced him to step down. At the time of his death, Jeffrey Epstein had a reported net worth of $ 1 billion.
Who was Jeffrey Epstein?
Jeffrey was a 66-year-old Finance manager from New York. Prior to his sex crime-related conviction and subsequent suicide, the man was renowned as the founder of J Epstein & Co. Jeffrey’s career trajectory can be traced back to the time when he was a teacher in Manhattan.
This was way back in 1974. Two years later, and the financer joined Bear Stearns. Since then, the New Yorker went on to become a reputable businessman and highly accomplished hedge fund manager. This was especially true after he started his firm. With fame, however, came a whole host of scandals.
Earlier this year, Jeffrey was arrested at the airport after getting off a plane getting back from France. The financer was accused of developing a sex ring that abused underage girls, some as young as 14. The trafficking ring ran from 1999 all the way to 2006.
Jeffrey Epstein owned homes in places like the Virgin Islands, Palm Beach, and Manhattan.
This is where he would regularly bring younger girls to. This came from a well-detailed FBI report. The financer would lure the girls into the trafficking rings with the false promise of helping them advance their modelling careers.
Rather than face the consequences for his crimes, sources say that Jeffrey Epstein took his life, after hanging himself in his cell at around 6:30 am.
Jeffrey Epstein Age, and Wiki bio
|Full name||Jeffrey Edward Epstein|
|Age||66 years old (at the time of his death)|
|Date of Birth||20th January 1953|
|Place of Birth||Brooklyn, New York, USA.|
|Profession||Hedge Fund manager, Financer, Business owner|
|Net worth||$ 1 billion|
|Parents||Pauline Epstein and Seymour Epstein|
Jeffrey Edward Epstein took his life on the 10th of August 2019 in his Manhattan jail cell. This came after he faced multiple charges relating to sex crimes. Prior to this, Jeffrey had been a well-respected business in the community.
He was raised alongside his brother Mark in their hometown of Brooklyn in New York. Jeffrey’s parents are Seymour and Pauline Epstein. The American financer did not marry even once during the span of his life.
He also had no children. While he was a highly accomplished businessman and hedge fund manager who accumulated a staggering net worth of $ 1 billion, Jeffrey will be remembered mostly for the charges filed against him. They were serious charges after all.
He reportedly built a sex trafficking ring where he would lure girls as young as 14 years old for the twisted pleasures of his business partners and himself. The FBI was building a solid case against Jeffrey before his untimely demise.
The news of his suicide came as a shock to everyone. He did not want to atone for his previous crimes and instead chose to take his life by hanging himself.