Jeffrey Epstein, the registered sex offender, met many powerful people in finance and business during his career, but the financier has invested with only a few.
One of these people was Peter Thiel, the billionaire of Silicon Valley.
In 2015 and 2016, Mr. Epstein put $ 40 million in two funds managed by Valar Ventures, a New York company co -founded by Mr. Thiel. Today, the investment is worth nearly $ 170 million, according to a confidential financial analysis of the succession of the late Mr. Epstein examined by the New York Times and a declaration provided by a spokesperson for Valar.
The investment in Valar, which specializes in the provision of start -up capital to the technology companies of financial services, is the greatest active still owned by the succession of Mr. Epstein, about six years after his death by suicide in federal detention pending a lawsuit on charges of sex traffic.
Mr. Epstein’s investment with Mr. Thiel’s company was not publicly reported or disclosed.
There is a good chance that a large part of the windfall will not go to any of the approximately 200 victims that the disgraced financier abused when they were adolescents or young women. These victims have already received monetary colonies from the succession, which forced them to sign vast versions which have given up the right to bring in future complaints against it or individuals associated with it.
Money is more likely to be distributed to one of Mr. Epstein’s former girlfriends and two of his long -term advisers, who have been appointed beneficiaries of his succession.