File 125 - Leon Black Paid Epstein $158 Million for 'Tax Advice.' Apollo's Board Let Him.

Billionaire Leon Black, co-founder of Apollo Global Management, paid Jeffrey Epstein approximately $158 million between 2012 and 2017 for what he described as tax and estate planning advice. This was after Epstein's conviction.An Apollo-commissioned review found the payments were for 'legitimate' services, but Black stepped down as chairman anyway. This episode examines what $158 million in tax advice looks like, whether the payments match any reasonable professional fee structure, what Black and Epstein actually did together, and why Apollo's board approved these payments for years.Sources for this episode are available at: https://nbn.fm/epstein-files/episode/ep125About The Epstein FilesThe Epstein Files is an AI-generated podcast analyzing the 3.5 million pages released under the Epstein Files Transparency Act (EFTA). All claims are grounded in primary source documents, published on the Neural Broadcast Network website for verification.Produced by Neural Broadcast NetworkSubscribe to NBN's NewsletterGet new investigations, new shows, and the raw intelligence you won't find anywhere else straight to your inbox.Sign up at nbn.fm/newsletter.