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Where Is Jeffrey Epstein’s Money Going?



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When Jeffrey Epstein died, he left behind an estate with an estimated value of $600 million. There were vast financial holdings, a private jet, and palatial properties including an island hideaway, a grand Manhattan mansion and a 7,600-acre New Mexico ranch.But taxes, property upkeep and temperature-controlled storage for his art collection — as well as $121 million in settlements to more than 135 women who accused him of sexually abusing them when they were young — have since cut into the size of Mr. Epstein’s estate. It’s now worth about a third of its value when the financier, 66, hanged himself in a Manhattan jail cell while awaiting trial on sex-trafficking charges two and a half years ago.The biggest continuing expense is legal costs: $30 million so far to law firms brought in to clean up Mr. Epstein’s affairs. Lawyers have helped hand out settlements, liquidate assets and sift through the complicated holdings of a man who once set up his own offshore bank.The work won’t be over anytime soon. The estate must still resolve a civil fraud lawsuit, brought by the attorney general of the Virgin Islands, w …

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