October 19, 2021

Milne News

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Court papers reveal Jeffrey Epstein isn’t a billionaire

3 min read
Court papers reveal Jeffrey Epstein isn't a billionaire

According to the financial disclosure form Jeffrey Epstein’s lawyers filed seeking bail, the convicted sex offender is hardly a billionaire.

A single-page document that had been kept under seal away from the public was released on Monday by  the Manhattan federal judge overseeing Epstein’s sex-trafficking case, dismissing it as “cursory.”

Epstein lists in the filing that he has:

  • Cash: $56,547,773
  • Fixed income: $14,304,679
  • Equities: $112,679,138
  • Hedge funds and private equity:$194,986,301
  • Properties including: 9 E. 71st St., Manhattan, worth $55,931,000; 49 Zorro Ranch Road, Stanley, NM, $17,246,208; 358 El Brillo Way, Palm Beach, Fla., $12,380,209; 22 Avenue Foch, Paris, France, $8,672,823; Great St. James Island in the Virgin Islands, $22,498,600, and Little St. James Island, also there, $63,874,223.

The total assets listed are $559,120,954.

Richard Berman – the judge overseeing the case – also included in the file released a transcript from a 2011 hearing before Manhattan Supreme Court Judge Ruth Pickholz, in which Assistant District Attorney Jennifer Gaffney, then the deputy chief of the Manhattan DA’s Sex Crimes Unit, actually argued for Epstein to get a more lenient sex-offender classification.

Pickholz was taken aback by the argument, according to the documents, which have been public.

“I have to tell you, I’m a little overwhelmed because I’ve never seen the prosecutor’s office do something like this,” the judge said. “I have never seen it.”

Feds are arguing that Epstein shouldn’t be given bail pending trial because of the uber-connected former moneyman’s potential ability to buy his way to freedom.

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