Newly unearthed emails last week shone light on Epstein’s role as freelance client development officer, acting as a channel between political figures and business titans, greasing up the former with lifestyles they could not afford and the latter with avenues of political influence.
Exposure of that channel ended the career of Peter Mandelson, the UK ambassador to the US, provoking a crisis in Britain’s Labour government, after emails showed that Lord Mandelson had steered a $1bn banking deal Epstein’s way and expressed sympathy for Epstein’s 2008 conviction for child sexual procurement.
Emails obtained by Bloomberg and others went further, showing that figures in Epstein’s network of billionaires, politicians, celebrities, royalty and intellectuals were assembled into schemes of influence.
“Jeffrey was a starfucker,” an acquaintance told the Guardian last week. “Anyone he thought had influence he would try to add to his collection. Mandelson is slippery, and impressed by money, so Jeffrey liked that.”
The spheres of influence Epstein created, emails showed, relied simultaneously on access and gifts. Bloomberg obtained a spreadsheet of expenses that in some cases appeared to sync with emails between Epstein and his former girlfriend and accomplice Ghislaine Maxwell, the financier’s convicted sex-trafficking co-conspirator.
One expense, dated 21 December 2005, showed a $35,000 watch for “DB” – the same day that Maxwell and Epstein discussed in emails giving Bill Clinton aide Doug Band an Audemars Piguet with the same value. Band has denied receiving any watch.
In all, the emails include a spreadsheet itemizing nearly 2,000 gifts, luxury items and payments totaling $1.8m.
But the questions about the source of Epstein’s wealth have never been fully resolved. He was worth nearly $600m at his death, thanks mostly to two wealthy billionaire clients – Victoria’s Secret founder Les Wexner and, later, Apollo Global Management co-founder Leon Black – as well as Johnson & Johnson heiress Elizabeth “Libet” Johnson, sister of former US ambassador to the UK Woody Johnson.
Between his collection of lavish homes in New York, Palm Beach and Paris, two private Caribbean islands, two jets and helicopter, Epstein held nearly $380m in cash and investments, according to his estate.
That wealth arrived suddenly. According to associates, until the end of the 90s, Epstein was living in a two-bedroom apartment on Manhattan’s Upper East Side close to the river. It was only when Maxwell arrived from London that his lifestyle was dramatically elevated.
The seed money and whatever definitely came from Wexner. That townhouse would be worth like 80 million + today, and Wexner just gave it to him