Jeffrey Epstein
| Jeffrey Epstein | |
|---|---|
Epstein at Harvard University
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| Born |
Jeffrey Edward Epstein January 20, 1953 Brooklyn, New York, U.S. |
| Residence |
Little Saint James, U.S. Virgin Islands Palm Beach, Florida New York City |
| Nationality | American |
| Citizenship | United States |
| Occupation | Financier Owner, Jeffrey Epstein VI Foundation |
Jeffrey Edward Epstein (born January 20, 1953) is an American financier and registered sex offender in the United States. He worked at Bear Stearns early in his career and then formed his own firm, J. Epstein & Co. In 2008, Epstein was convicted of soliciting an underage girl for prostitution, for which he served 13 months in prison. He lives in the US Virgin Islands.
Epstein was born in Brooklyn, New York, to a middle-class Jewish family. His father worked for New York City's parks.
Epstein attended Lafayette High School. He attended classes at Cooper Union from 1969 to 1971 and later at the Courant Institute of Mathematical Sciences at NYU. He left without a degree.
Epstein taught calculus and physics at the Dalton School in Manhattan from 1973 to 1975. Among his students was a son of Alan C. Greenberg, chairman of Bear Stearns.
In 1976, Epstein started work as an options trader at Bear Stearns, where he worked in the special products division, advising high-net-worth clients on tax strategies. Proving successful in his financial career, in 1980 Epstein became a partner at Bear Stearns.
In 1982, Epstein founded his own financial management firm, J. Epstein & Co., managing the assets of clients with more than $1 billion in net worth. In 1987, Leslie Wexner, founder and chairman of Ohio-based The Limited chain of women's clothing stores, became a well-known client. Wexner acquired Abercrombie & Fitch the following year. In 1992 he converted a private school on the Upper East Side into an enormous residence. Epstein later bought that property, in the wealthiest part of Manhattan. In 1996, Epstein changed the name of his firm to the Financial Trust Company and based it on the island of St. Thomas in the U.S. Virgin Islands for tax advantages.
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