Leon Black, co-founder and former CEO of Apollo Global Management, testified before the House Oversight Committee about his payments to Jeffrey Epstein. According to a 2021 review commissioned by Apollo, Black paid Epstein $158 million from 2012 to 2017 for tax, estate planning, and other financial services.
Key Takeaways
Leon Black testified to Congress about $158 million paid to Jeffrey Epstein for financial services. Bill Gates previously admitted meeting Epstein was a 'grave error.' Both men denied knowledge of Epstein's crimes. According to multiple reports, Leon Black is set to testify before the House Oversight Committee regarding his payments to Jeffrey Epstein. A 2021 review found that Black paid Epstein $158 million for financial services between 2012 and 2017.
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▼Source Claims Check
1 Difference FoundAll 11 publishers report consistent facts across 2 key claims. 1 point of difference noted.
| Claim | Status | Reason | |
|---|---|---|---|
| Bill Gates' Testimony About Epstein | 1 Difference | HuffPost and CNBC report Gates admitted meeting Epstein was a 'grave error in judgment'; The Guardian and CBS News report Gates said Epstein tried to blackmail him over extramarital affairs. | ▼ |
| Leon Black Payments To Epstein | Broad Agreement | $158M paid for financial services (2012-2017) | |
| Leon Black's Knowledge Of Epstein's Crimes | Broad Agreement | Black claims he didn't know the extent of Epstein's crimes until 2019 arrest |
Bill Gates' Testimony About Epstein
▼HuffPost and CNBC report Gates admitted meeting Epstein was a 'grave error in judgment'; The Guardian and CBS News report Gates said Epstein tried to blackmail him over extramarital affairs.
Leon Black Payments To Epstein
Broad Agreement$158M paid for financial services (2012-2017)
Leon Black's Knowledge Of Epstein's Crimes
Broad AgreementBlack claims he didn't know the extent of Epstein's crimes until 2019 arrest
This analysis is AI-generated and may not perfectly represent each source's reporting. Always read the original articles for full context.
Black stated that he had no involvement or knowledge of Epstein's 'heinous conduct' and felt terrible for Epstein's victims. He claimed Epstein duped him out of more than $60 million in financial advisory fees by falsely claiming they were tax-deductible. Black also mentioned that he did not know the extent of Epstein's crimes until his arrest in July 2019.
Bill Gates previously testified before the committee, admitting that meeting with Epstein was a 'grave error in judgment.' Gates stated that Epstein sought to leverage his extramarital affairs for influence and denied knowing about Epstein's ongoing criminal conduct. The House Oversight Committee released transcripts of testimonies by Gates and Lesley Groff, Epstein's former executive assistant.
Epstein pleaded guilty in 2008 to soliciting prostitution from a minor and was indicted in July 2019 on federal charges of sex trafficking of minors. He died in prison in August 2019 while awaiting trial. The committee's investigation into Epstein's network continues, with Black's testimony being a significant development.
How this summary was created
This summary synthesizes reporting from 11 independent publishers using AI. All sources are cited and linked below. NewsBalance is a news aggregator and media literacy tool, not a news publisher. AI-generated content may contain errors or inaccuracies — always verify important information with the original sources.