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What is 'billionaire' Jeffrey Epstein's net worth?
Who is Jeffrey Epstein? It turns out that the descriptor most used to identify him over the past decades – billionaire – may not even apply.
But Epstein, who this week was charged with sex trafficking and sex trafficking conspiracy by federal prosecutors and has been linked to high-powered executives, politicians, and royalty, does have at least multimillions tied up in real property.
Assessing his total wealth and how he acquired it is elusive, however.
The most definitive view came late on Friday, when federal prosecutors in New York said records obtained from a financial institution they did not identify showed that Epstein is worth more than $500 million and makes an estimated $10 million a year.
However, that estimate falls short of making Epstein, a college drop-out and former math and physics teacher at an elite private school in New York, a billionaire.
Messages to Epstein's lawyers were not immediately returned. However, they filed a motion in Manhattan federal court Thursday that successfully sought permission to file a financial disclosure under seal for bail purposes.
Epstein's bail hearing is scheduled for Monday morning.
Here's what we know about Epstein's wealth and what remains a mystery.
One of the easier ways to gauge some of Epstein’s net worth is through his real estate holdings and other possessions, which were listed in a July 8 court filing by the U.S. Attorney’s Office for the Southern District of New York.
A court filing from the government and a filing by Epstein’s defense team both stated he owns six properties, along with other personal property. He appears to own the holdings through several shell companies named after trees – Maple Inc., Laurel Inc. and Cypress Inc. – according to online records.https://media.zenfs.com/en-us/usa_today_money_325/3ca931c658d50450cd3d64d9bafc46c9" style="max-width:100%;">This photo shows the Manhattan residence of Jeffrey Epstein, Monday July 8, 2019, in New York. Prosecutors said Monday, federal agents investigating wealthy sex offender Jeffrey Epstein found "nude photographs of what appeared to be underage girls" while searching his Manhattan mansion. (Photo: Bebeto Matthews, AP)