A new documentary, Victoria’s Secret: Angels and Demons, has been released on Hulu and is significant enough to be on your watch list. The film is a wild ride as it contains most of the information regarding the rise and fall of the well-known lingerie brand and its history from 1995-2019.
The documentary also features a little about the life of the company’s CEO and founder, Leslie “Les” Wexner, and his bond with the convicted sex offender Jeffrey Epstein. Jeffrey Epstein was a financier in New York City who died in 2019. According to the data collected by Newsweek, he passed by suicide in jail during his await for sex trafficking charges.
Victoria’s Secret premiered on 14th July 2022, Thursday on Hulu and Disney+, with three episodes. If it is on your watch list, you will learn more about the brand’s connection with Jeffrey Epstein. It will also cover Jeffrey Epstein’s net worth and many more.
However, Jeffrey Epstein’s net worth was not enough to make him a billionaire. Here is everything you need to know about Jeffrey Epstein’s net worth, career, properties, and many more.
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Contents
Jeffrey Epstein’s Career
According to the data collected by USA Today, Jeffrey Epstein had a long career that began in his early twenties as a maths and physics teacher at The Dalton School. The Dalton School is a prep school on Manhattan’s Upper East Side. He taught the son of Alan “Ace” Greenberg, the chairman of a New York-based investment firm, Bear Stearns. Alan later helped him get a job on Wall Street with Bear Stearns. According to the reports by Outlet, he became a limited partner. After adding a small amount to Jeffrey Epstein’s net worth, he left the job to start his company, Intercontinental Assets Group Inc.
Soon, he started two more companies, J. Epstein & Co., a money management firm, and Financial Strategy Group Inc. According to the reports from Vanity Fair, he started working as a financial manager of Les Wexner in the 1980s. His companies added a great value to Jeffrey Epstein’s net worth.
Jeffrey Epstein’s Properties
According to the data collected by USA Today, Jeffrey Epstein had six properties, including personal properties in New York, Florida, New Mexico, France, and the US Virgin Islands. He was also the owner of two private Virgin Islands properties, Little St. James and Great St. James. According to Business Insider, Jeffrey bought Little St. James in 1998 for $7.95 million. The locals later dubbed Little St. James “Pedophile Island” and “Orgy Island”.
According to Fortune, The Great St. James was bought for $22.5 million, measuring 161-acre. After buying Little St. James, he bought Great St. James two decades later.
According to CNN and Newsweek, Jeffrey Epstein also had 15 vehicles and two planes. Jeffrey Epstein’s net worth bought him so many properties and islands.
Jeffrey Epstein’s Properties And Assets After His Death
The audience had an eager question about who got the properties and money of Jeffrey Epstein after his death. So, here is the answer.
Jeffrey signed a will that displayed his brother Mark as his heir two days before his death. According to the reports from Newsweek, he put the money into the trust, which will make it harder for someone to have access.
However, we don’t know how things got distributed in the end.
According to Fortune, in 2022, the islands went up for sale for around $125 million. The lawyers from Epstein’s estate mentioned that the money that will be gained from the sale will be given for resolving some of the disgraced legal cases of the financier.
A partner at New York law firm Hughes Hubbard and Reed, Daniel Weiner, who is also an executor of the island properties, stated to BBC. He said that the estate would use the money to resolve the lawsuits and the regular costs of the estate’s operations.
Jeffrey Epstein’s Net Worth At The Peak of His Career
It was a rumor that Jeffrey Epstein was a billionaire at the highest level of his fame and fortune. According to the reports from Newsweek, some documents from an unspecified financial institution displayed that Jeffrey’s assets were more than $559 million as of 30th June 2019. If we see the assets individually, then $195 million was in hedge funds and private equities, $112.7 million was in equities, and $14.3 million was in fixed income. He had $56.5 million cash at that time. Therefore, we can conclude that Jeffrey Epstein’s net worth was more than $559 million at that time.
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Jeffrey Epstein’s Net Worth At The Time of His Death
The will he signed provides that Jeffrey Epstein’s net worth was around $577.6 million then. Jeffrey Epstein’s net worth increased by $18 million from the previously reported data.
However, his estate can be taken over due to the complaints of the victims alleging his abuse. According to Newsweek, Lisa Bloom, the attorney, tweeted that his estate should be distributed to the victims as per justice.
Stay tuned to our website for more updates, Talkxbox.
