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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 Blac...

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