Jeffrey Epstein’s Start-up Made $200 Million After His Guilty Plea

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Jeffrey Epstein’s Start-up Made $200 Million After His Guilty Plea
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Jeffrey Epstein had no trouble making millions in the years after he pleaded guilty to soliciting a child for prostitution

Jeffrey Epstein. Photo: New York State Sex Offender Registry In death, as in life, Jeffrey Epstein remains an enigma. But the New York Times on Thursday shed a little light on one of the most mysterious parts of the late financier’s life: his vast wealth.

The Times provides a few answers, along with some eye-popping numbers, the most notable of which is $200 million. That’s how much revenue Epstein pulled into a new company with a novel mission that he launched four years after his 2008 guilty plea for soliciting prostitution from underage girls, according to the paper.

Experts say the plan was absurd, but that didn’t stop Southern Trust from raking in cash. By 2017, the company reported $391 million in assets and $43 million in annual revenue. Though the documents obtained by the Times provide numbers, they do not provide names. It is not known who was pumping cash into the company with a dubious mission run by a convicted sex offender.

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