Jeffrey Epstein is a philanthropist and a US-based financier. He does his philanthropy work on the science and education sector. He runs The Jeffrey Epstein VI Foundation, and his major funding is for Harvard University for their Evolutionary Dynamics Program.
From working for a bank to starting his own reputed and famous financial organization, Jeffrey had earned a lot of name and fame which has obviously added up to his net worth. Jeffrey had changed a lot of plans and careers before he got into the field made for him, I.e., the financier. Now let’s have a close look on Jeffrey Epstein’s net worth in 2018.
On 20th January 1953, in Brooklyn, New York, Jeffrey Epstein was born to a Jewish family. He did his higher education in Courant Institute of Mathematical Sciences after completing his early education at Lafayette High School. However, he couldn’t complete his higher education, dropped out without a college degree. But then, he did not give up. He went on to start his career as a school teacher.
Jeffrey had never been married or have had children. Neither any of his relationships or women matters have been public ever. Though he stayed in the news for quite some time as he was accused of paying an underage girl for sex. For this accusation, in 2008, he was imprisoned for 18 months which cost him a great deal of loss of clients, but he managed to get through this hard phase.
Jeffrey Epstein started his career as a school teacher in Dalton School, where he taught calculus and physics for two years. (1973 to 1975). In 1976, he finally found his field when he got into Bear Stearns and worked as a financial trader. Due to his great mathematics, he specialized in several models like Black-Scholes option-pricing model and in 1980, he became an important part of the organization.
In 1982, he started his own financial firm called the J. Epstein & Co., which helps the clients to manage their assets. Later, in 1996, he changed the name of the firm to be The Financial Trust Company.
Awards & Achievements
Jeffrey Epstein’s Financial trust company is known worldwide. He is tied up with so many business tycoons. One of the most popular and famous faces is Leslie Wexner who is both his client and business partner. In 2000, Jeffrey started a foundation called the Jeffrey Epstein VI Foundation which is said to give up to $30 million to Harvard University.
Jeffrey was known to reject a $500 million account once, saying it is too small. From the above, it can be easily concluded the stability of his organization and how constantly his net worth is rising.
Net Worth of Jeffrey Epstein
Jeffrey has a total net worth of a whopping $2 billion. The main source for Epstein’s net worth is his Financial Trust Company, which have taken him to this point of being called as a billionaire. He started from an average family and turned the tables upside down with his hard work and self-motivation. In 1980’s he earned enough to buy himself a private island.
The main assets for Jeffrey Epstein are his luxury-filled mansions in the Virgin Islands, Palm Beach, Little Saint James, Florida and in fact, he has one in the New York. Jeffrey has never taken this money he has earned to his mind and stopped doing the work, he wants more and more and works hard to achieve everything.
Jeffrey Epstein can be a great inspiration for many people around the world. With all his zeal and enthusiasm and wish to do something, Jeffrey never stopped and wasted a second. He kept on learning and trying different things until he found something he is great at.