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Jeffrey Epstein worth more than $500 million, federal prosecutors say

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Jeffrey Epstein attends Launch of RADAR MAGAZINE at Hotel QT on May 18, 2005.

Patrick McMullan | Getty Images

Accused child sex trafficker Jeffrey Epstein is worth more than $500 million, federal prosecutors said Friday in a court filing that urged a judge to deny his bid to be released on bail.

Prosecutors also said in their filing that Epstein, 66, earns more than $10 million in income annually.

The filing in U.S. District Court in Manhattan came a day after Epstein’s lawyers urged a judge in their own filing to release him on a personal recognizance bond that could be secured by a mortgage on his Upper East Side townshouse, which is worth upwards of $77 million.

Prosecutors called Epstein — who had been friends with presidents Donald Trump and Bill Clinton  — “a serial sexual predator who is charged with abusing underage girls for years.”

Epstein is charged with sex trafficking in an indictment that claims he sexually abused dozens of female minors, some as young as 14 years old, from 2002 through 2005.

He has pleaded not guilty in the case. A detention hearing is scheduled for Epstein on Monday.

He currently is being held in a federal jail in lower Manhattan.

Read prosecutors’ filing about Jeffrey Epstein here.

This is a breaking news story. Check back for updates.

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