Leon Black, billionaire co-founder of Apollo Global Management, maintained a direct and lucrative financial relationship with Jeffrey Epstein long after Epstein’s 2008 conviction. Records show Black paid Epstein roughly $158 million between 2012 and 2017 for what he characterized as tax, estate, and philanthropic advisory work. Despite Epstein’s notoriety, Black said he relied on top law firms and accounting advisors to vet Epstein’s services, insisting the payments were tied to legitimate advice.

Beyond financial dealings, Black’s inclusion in Epstein’s 2003 “birthday book” underscored a social tie as well. He submitted a poem that alluded to Epstein’s reputation for financial wizardry, suggesting familiarity beyond just business. Congressional investigators and Senate leaders have since questioned whether the scale of the payments was commensurate with the services Epstein claimed to provide, calling for deeper IRS scrutiny into whether Epstein was effectively a shadow fixer for Black’s wealth.


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Source:

https://www.crainsnewyork.com/finance/epstein-had-door-apollo-his-deep-ties-black

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