Private Equity Billionaire Leon Black Gave Dead And Disgraced Jeffrey Epstein $158 Million For ‘Advice’

Multibillionaire Leon Black, the cofounder and head of private equity giant, Apollo Global Management, is stepping down after over 30-years at his company. This decision comes on the heels of an outside law firm review of Black’s relationship with the controversial, convicted sex offender and now-dead Jeffrey Epstein.

It was found out that Black made “$158 million in payments to Epstein.” The outside law firm claimed that the monies were paid for “advice on tax and estate planning and related services between 2012 and 2017.” Black also “made two loans to Epstein totaling $30.5 million in early 2017.” This seems reasonable. Who among us hasn’t given nearly $200 million to someone for some advice?

Black, who’s worth about $8.2 billion, will stay on at the investment firm and keep the chairman’s title. I guess he needs the money, as only $10 billion isn’t enough to cut it anymore, especially when young punks, like Mark Zuckerberg, Jeff Bezos and Elon Musk, have over $100 billion each. The 69-year-old professed his innocence and “deeply regrets his involvement with Epstein.” The review confirmed he did not engage in any wrongdoing.

Black wrote in a note to Apollo fund investors, “I hope that the results of the review, and related enhancements…will reaffirm to you that Apollo is dedicated to the highest levels of transparency and governance.”

I’m not saying much, as I don’t want any trouble…