Leon Black and Les Wexner

Leon Black and Les Wexner, both major Epstein financial connections

Credible

Both major financiers who had business relationships with Epstein in wealth management.

Connection Details

Overview of Leon Black and Les Wexner’s Connection

Leon Black and Les Wexner, two prominent American financiers, are linked through their individual business relationships with Jeffrey Epstein, a convicted sex offender and financier implicated in a widespread sex trafficking network. While Black and Wexner do not have a widely documented direct business partnership with each other, their shared association with Epstein in the realm of wealth management ties them together in the context of the Epstein case. Both men, known for their significant roles in finance and retail respectively, engaged Epstein for financial services, raising questions about the extent of his influence over their personal and professional affairs.

Leon Black, co-founder of Apollo Global Management, a leading private equity firm, paid Epstein approximately $158 million between 2012 and 2017 for tax and financial advisory services. Les Wexner, the founder and former CEO of L Brands (parent company of Victoria’s Secret and Bath & Body Works), was reportedly Epstein’s largest known client and granted him power of attorney, an extraordinary level of control over Wexner’s financial matters. These relationships highlight Epstein’s deep integration into the financial dealings of high-profile individuals.

Evidence and Timeline of Their Epstein Connections

The connection between Black and Wexner through Epstein is substantiated by business reports and financial records. Black’s payments to Epstein, documented in public filings and investigations following Epstein’s 2019 arrest, occurred over a five-year period for services related to estate planning and tax strategies. Black later expressed regret over the association and stepped down as CEO of Apollo Global Management in 2021 amid public scrutiny over these ties, though he has denied any involvement in Epstein’s criminal activities.

Wexner’s relationship with Epstein dates back to the 1980s and 1990s, during which Epstein managed significant portions of Wexner’s wealth. Business reports indicate that Wexner granted Epstein power of attorney, allowing him to make financial decisions on Wexner’s behalf. This arrangement reportedly ended by the early 2000s, though Wexner has publicly stated that he severed ties with Epstein after learning of his misconduct. The timeline of their interactions places both Black and Wexner in Epstein’s orbit during overlapping periods, though no evidence suggests they collaborated directly through Epstein.

Significance to the Jeffrey Epstein Case

The relationships between Leon Black, Les Wexner, and Jeffrey Epstein are significant to the broader Epstein case as they illustrate the financier’s access to and influence over powerful individuals in business and finance. Epstein’s role as a wealth manager provided him with opportunities to build trust and leverage connections, potentially facilitating his criminal activities. The substantial payments from Black and the extensive authority granted by Wexner underscore Epstein’s ability to ingratiate himself with elite circles, which investigators continue to examine for evidence of complicity or enabling behavior.

While neither Black nor Wexner has been charged with crimes related to Epstein’s trafficking network, their associations have drawn intense public and legal scrutiny. These connections contribute to ongoing discussions about accountability and the systemic networks that may have protected Epstein for decades.

About the Entities

Related Connections

Leon BlackApollo Global Management
business

Co-founder and former CEO. Stepped down amid scrutiny of Epstein payments.

Leon BlackGlenn Dubin
business

Both are prominent figures in finance; Black is the co-founder of Apollo Global Management, and Dubin founded Highbridge Capital Management, with reported professional interactions.

Leon BlackJ. Epstein & Co.
business

Client and Associate

Leon BlackJeffrey Epstein
social

Leon Black, a billionaire financier and co-founder of Apollo Global Management, has a documented connection to Jeffrey Epstein spanning several years, primarily through financial and social interactions. Their relationship appears to have begun in the late 1990s or early 2000s, with Black becoming one of Epstein’s prominent associates in elite financial circles. Court documents from the Giuffre v. Maxwell case and the 2024-2025 DOJ document releases reveal that Black’s name appears multiple times in Epstein-related files, including flight logs for the 'Lolita Express,' Epstein’s private jet. Black is recorded as having flown on Epstein’s plane at least once, on a trip in 2002, though exact dates and destinations vary across logs. Locations of their meetings include Epstein’s Manhattan townhouse and Palm Beach estate, where Black was reportedly seen during social gatherings, as noted in news investigations by The New York Times and Bloomberg. Financially, Black paid Epstein approximately $158 million between 2012 and 2017 for tax and estate planning advice, a transaction detailed in a 2021 Apollo internal review and reported by The Wall Street Journal. This arrangement raised questions about the nature of their relationship, though Black has denied any involvement in Epstein’s criminal activities. Shared associates include Jes Staley, former Barclays CEO, who also had ties to Epstein. Black has stated in a 2021 interview with Bloomberg, 'I deeply regret having had any involvement with him,' referring to Epstein. No victim testimonies from the released documents directly implicate Black in Epstein’s trafficking activities, though his name surfaces in contexts of social and professional overlap. News investigations, including a 2020 NYT piece, highlight scrutiny over Black’s ties to Epstein, especially given Apollo’s prominence. Twitter/X discussions often amplify these financial dealings but lack new primary evidence beyond court filings and media reports.

Jes StaleyLeon Black
business

Staley, former CEO of Barclays, had professional ties with Black through financial dealings and Apollo Global Management connections.

Les WexnerEast 71st Street Mansion
business

Original owner of the Manhattan townhouse, transferred to Epstein under unclear circumstances in 2011.