The exact details of how Jeffrey Epstein managed to amass his staggering fortune are murky. Given his convictions for trafficking, sexual misconduct, and assault, it’s fitting that Epstein’s career was mired in shadiness. Despite dropping out of college without a degree, Epstein scored a position as a math and physics teacher at the prestigious Ivy League prep school, Dalton. He strutted around in fur coats, opened buttoned shirts and gold chains. Former pupils told the New York Times they remembered Epstein as “an unusual and unsettling figure, willing to violate the norms in his encounters with girls.”
Not surprisingly, he was fired from Dalton after just a short time. However, he managed to make the most of his failed teaching attempt. Per Bloomberg, Epstein tutored Alan Greenberg’s son during his stint at Dalton. After Epstein was fired, the Bear Sterns CEO hooked him up with a financier gig at the investment bank, securities trading, and brokerage firm, which went bust in the late aughts amid the 2008 global financial sub-prime mortgage crisis. Epstein started as a junior assistant, working his way up to a floor trader before becoming a partner in 1980.
In 1981, Epstein left to set up his own hedge fund, J. Epstein & Co., managing billionaires’ fortunes, most notably, Victoria’s Secret head honcho Les Wexner. The two enjoyed an exceedingly close friendship, with Wexner selling his swanky Upper East Side brownstone to Epstein under shady circumstances.
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