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Billionaire investor Leon Black is set to testify to Congress about $158M in payments to Epstein

Billionaire investor Leon Black is set to testify to Congress about $158M in payments to Epstein

Summary

Billionaire investor Leon Black is testifying before the House Oversight Committee about $158 million he paid to Jeffrey Epstein. Lawmakers are investigating Epstein’s network of influence that may have helped enable his crimes.

Key Facts

  • Leon Black paid Jeffrey Epstein $158 million between 2012 and 2017.
  • The payments were described as for legitimate tax and estate planning services.
  • Epstein was convicted in 2008 for soliciting prostitution from a minor.
  • Epstein was charged again in 2019 with sex trafficking minors and died in jail awaiting trial.
  • Black stepped down as CEO of Apollo Global Management in 2021 due to ties to Epstein.
  • Other powerful figures, like Bill Gates, have also testified about connections to Epstein.
  • The House Oversight Committee is investigating Epstein’s network and ties to wealthy individuals.
  • Republicans on the committee have not pushed for President Donald Trump’s testimony, citing no evidence of wrongdoing.
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