Leon Black Payments to Epstein - Apollo Independent Review
Independent review by Dechert LLP commissioned by Apollo Global Management into the financial relationship between Leon Black and Jeffrey Epstein.
Document Content
An independent review commissioned by Apollo Global Management and conducted by law firm Dechert LLP found that Leon Black paid Jeffrey Epstein approximately $158 million between 2012 and 2017 for tax and estate planning advice. The review found no evidence that Black was involved in Epstein's criminal activities. Despite the review's conclusions, Black stepped down as Apollo chairman in March 2021. Payments included $50 million for tax planning related to a single transaction, $10 million in annual consulting fees, and various other payments. Critics questioned whether the amounts paid were reasonable for the services rendered.
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Type
Report
Source
Apollo Global Management
Document Date
January 25, 2021
Release Date
January 25, 2021
ID: leon-black-epstein-payments
Last updated: Feb 7, 2026
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