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Billionaire Leon Black details Jeffrey Epstein relationship during third-quarter earnings call
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Apollo Global Management co-founder and CEO Leon Black spoke out about his relationship with convicted sex offender Jeffrey Epstein, whose professional services he said he used for roughly half a decade, according to a Thursday report.
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Black said during a Thursday morning third-quarter earnings call he enlisted the help of the disgraced financier’s services from 2012 to 2017, coughing up millions each year to benefit Black’s family’s business and philanthropic endeavors, Seeking Alpha reported. He reportedly said he met Epstein in the mid-'90s, while the convicted sex offender was working with other big names.
APOLLO CEO LEON BLACK'S JEFFREY EPSTEIN TIES HAS PENSION FUND CLIENT PUSHING BACK
Epstein did not work for Apollo during the pair’s five-year professional relationship, he said.
Black, who Forbes estimated to be worth $7.4 billion as of Thursday, said he first learned about the allegations against Epstein in 2006, but “decided to give Epstein a second chance” — only to find out in 2018 there were newer allegations against him, according to the report.