Estate of Jeffrey Epstein
| Formation | August 15, 2019 |
|---|---|
| Type | Estate |
Executor | Darren Indyke Richard Kahn |
The estate of Jeffrey Epstein was established following the death of American financier and child sex offender Jeffrey Epstein on August 10, 2019, for the purpose of administering his property and settling his legal issues. Epstein's last will and testament was filed on August 15, 2019, in the Superior Court of the Virgin Islands.
Epstein's will named his lawyer, Darren Indyke, and his accountant, Richard Kahn, as joint executors of his estate, which is organized under a trust called the 1953 Trust. Epstein's estate was worth around $578 million at the time of his death, but it has since decreased in value to around $120 million. The estate has been the subject of numerous lawsuits and legal inquiries, including two Congressional subpoenas by the House Oversight Committee.
Background
Epstein's fortune
Epstein owned numerous properties, including the islands of Little Saint James and Great Saint James in the U.S. Virgin Islands, a townhouse in New York City, and a ranch outside of Santa Fe, New Mexico.[1] He also owned multiple private aircraft, including a Gulfstream G550 and a Boeing 727.[2]
Last will and testament
Epstein signed a will on August 8, 2019, two days before his death, while he was in custody at the Metropolitan Correctional Center in New York City.[3][4] The will was filed in the U.S. Virgin Islands on August 15, five days after he died by suicide on August 10.[5] The will created a pour-over trust called the 1953 Trust, the name of which which news outlets speculate is referring to the year in which Epstein was born.[4]
Management
Epstein's will appointed Darren Indyke, his attorney, and Richard Kahn, his accountant, as the executors of his estate.[6] Prior to his appointment as executor, Indyke had worked for Epstein in various capacities since at least 1995.[7] Kahn had worked as Epstein's accountant since 2005.[8] In 2019, both men were listed by the FBI as co-conspirators of Epstein, but neither Indyke nor Kahn were charged with any crimes.[9]
Venture capitalist Boris Nikolic, a former science advisor to Bill Gates, was named as a backup executor in the will. Nikolic has said that he did not consent to being named as an executor.[10]
Legal issues
Lawsuits
Epstein's estate has been involved in numerous lawsuits, including paying a $105 million settlement to the government of the U.S. Virgin Islands. 50 percent of the proceeds from the sale of Epstein's private islands, Great Saint James and Little Saint James, will also be paid to the Virgin Islands government as part of the settlement.[11]
The estate also paid out $121 million in victims' compensation from 2019 to 2021.[12]
August 2025 Congressional subpoena
Epstein's estate was subpoenaed by the House Oversight Committee on August 25, 2025, for thousands of documents relating to Epstein's activities dating from 1990 to 2019, including Epstein's "birthday book," a collection of letters sent to Epstein for his 50th birthday.[13][14][15] The estate cooperated with the investigation, and the Oversight Committee released the documents it received on September 8.[16]
January 2026 Congressional subpoena
Indyke and Kahn, along with Wexner, were subpoenaed as individuals to testify before the Oversight Committee on January 23, 2026.[17] Following the announcement of the subpoena, estate attorney Daniel Wiener said that Indyke and Kahn "fully intend to continue their cooperation with the Committee, including its efforts to investigate potential government wrongdoing regarding Mr. Epstein, and look forward to setting the record straight as to their lack of involvement in Mr. Epstein’s misconduct."[18]
Kahn is scheduled to testify on February 25, while Indyke will testify on March 5.[19]
References
- ↑ Betts, Anna; Bekiempis, Victoria (2026-02-08). "From New York to New Mexico: new Epstein files shed light on his sprawling ranch outside Santa Fe". The Guardian. ISSN 0261-3077. Retrieved 2026-02-11.
- ↑ Pallini, Thomas. "Jeffrey Epstein's luxurious $61 million Gulfstream G550 private jet was just put on the market". Business Insider. Retrieved 2026-02-11.
- ↑ Hill, James; Katersky, Aaron; Hutchinson, Bill (August 20, 2019). "Jeffrey Epstein signed redrafted will 2 days before jail suicide". ABC News. Retrieved 2026-02-11.
- ↑ 4.0 4.1 "What we know about Jeffrey Epstein's will, and what happens next with his estate - CBS News". www.cbsnews.com. 2019-08-21. Retrieved 2026-02-11.
- ↑ Eder, Steve; Watkins, Ali (2019-08-20). "Jeffrey Epstein's Will: He Signed 2 Days Before Killing Himself". The New York Times. ISSN 0362-4331. Retrieved 2026-02-11.
- ↑ Helmore, Edward (2019-08-22). "Jeffrey Epstein signed new will to shield $577m fortune days before death". The Guardian. ISSN 0261-3077. Retrieved 2026-02-11.
- ↑ La Roche, Julia; Swaminathan, Aarthi; McHugh, Calder. "Jeffrey Epstein's lawyers deeply involved in his business dealings for decades, documents show". Yahoo Finance. Archived from the original on 2026-01-16. Retrieved 2026-02-03.
- ↑ Joe Palazzolo, Khadeeja Safdar (2025-11-23). "The CPA and the Lawyer Who Served Jeffrey Epstein—and Control His Fortune and Secrets". The Wall Street Journal. Retrieved 2026-02-07.
- ↑ Goldstein, Matthew (2026-01-30). "Federal Authorities Mapped Out Epstein's Inner Circle". The New York Times. ISSN 0362-4331. Retrieved 2026-02-03.
- ↑ Robins-Early, Nick (2026-02-10). "Epstein engineered intimate relationship for Tesla's Kimbal Musk, emails show". The Guardian. ISSN 0261-3077. Retrieved 2026-02-11.
- ↑ Goldstein, Matthew (2026-02-03). "Epstein's Trust Reveals Who Would Inherit His Fortune". The New York Times. ISSN 0362-4331. Retrieved 2026-02-11.
- ↑ Hill, James (August 9, 2021). "Jeffrey Epstein victims program shutting down with $121 million paid to abuse survivors". ABC News. Retrieved 2026-02-11.
- ↑ Helmore, Edward (2025-08-25). "Republican-led committee subpoenas documents from Jeffrey Epstein estate". The Guardian. ISSN 0261-3077. Retrieved 2026-02-11.
- ↑ "House panel subpoenas Epstein's estate for documents, book reportedly containing Trump birthday letter - CBS News". www.cbsnews.com. 2025-08-25. Retrieved 2026-02-11.
- ↑ Ferris, Sarah (2025-08-25). "House GOP Oversight panel subpoenas Epstein estate for 'birthday book,' other documents | CNN Politics". CNN. Retrieved 2026-02-11.
- ↑ "Oversight Committee Releases Records Provided by the Epstein Estate, Chairman Comer Provides Statement". United States House Committee on Oversight and Government Reform. 2026-02-10. Retrieved 2026-02-11.
- ↑ "Epstein's inner circle Les Wexner, Darren Indyke and Richard Kahn subpoenaed to testify before House Oversight Committee - CBS News". www.cbsnews.com. 2026-01-23. Retrieved 2026-02-11.
- ↑ "House committee votes to issue more subpoenas related to Jeffrey Epstein". NBC News. 2026-01-08. Retrieved 2026-02-11.
- ↑ Meighan, Shahid. "US House sets deposition dates for Les Wexner, Epstein associates". The Columbus Dispatch. Retrieved 2026-02-11.
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