Getty Image / Rick Friedman / Contributor
Jeffrey Epstein signed his will two days before he apparently committed suicide by hanging himself in his federal prison cell. The will also stated that Jeffrey Epstein’s net worth was nearly $600 million.
On August 8, 2019, only two days before Epstein hanged himself in at the Metropolitan Correctional Center (MCC), the convicted pedophile signed his will according to a report by the New York Post. Epstein signed his will while awaiting trial on federal sex trafficking charges. The 21-page will was filed on August 15 with court officials in St. Thomas, one of the U.S. Virgin Islands.
One of the two Brooklyn lawyers listed as a witness for the will being signed was Mariel A. Colon Miro, who was an attorney for drug kingpin Joaquin “El Chapo” Guzman. Epstein is believed to have filed his will in the U.S. Virgin Islands in an attempt to make it “more private, because that is not where people would look” according to legal experts.
Jeffrey Epstein had a net worth of $577,672,654, which is approximately $18 million more than the disgraced financier declared while attempting to land bail.
The 66-year-old former hedge-fund manager put all of his holdings in a trust, known as the “The 1953 Trust,” named after the year he was born. As of right now, there are no details on the trust’s beneficiaries. Had Epstein not made a will before his premature death, the only potential heir to Epstein’s estate would have been his brother Mark Epstein.
The will lists Epstein’s luxurious properties around the world including his two private islands in the U.S. Virgin Islands. Great St. James is valued at more than $22 million and Little St. James is valued at over $63 million. Epstein’s islands are commonly referred to as “Pedophile Island” and “Orgy Island” following the conspiracy theories connecting convicted sex offender.
Epstein also owned a French neoclassical townhouse on 71st Street on the Upper East Side in New York City worth $55.9 million, a sprawling 8,000-acre property in New Mexico northeast of Albuquerque known as Zorro Ranch priced at $17.2 million, a mansion in swanky Palm Beach, Florida, worth $12.4 million that he purchased in 1990 and was where his 2008 crimes allegedly happened at, and a 2,500-square-foot apartment on the Avenue Foch in Paris valued at $8.7 million.
Of Epstein’s nearly $600 million net worth, only $56.5 million was in cash. He also had over $14 million in fixed-income investments, equities worth more than $112 million as well as “aviation assets, automobiles and boats” worth $18.5 million. Epstein also owned a valuable art collection, but that was not appraised.
Epstein may have had so many victims that they may file civil lawsuits to obtain financial justice for crimes committed against them, not to mention anyone who Epstein owed money to. The entire process of finalizing Epstein’s estate may take years.
The New York City Medical Examiner’s Office ruled that Epstein committed suicide by hanging himself by using the bedsheets and the bunk bed in his jail cell. You can read more Jeffrey Epstein news HERE.
[FoxNews]