Jeffrey Epstein’s Estate Got a $112 Million Tax Refund
Published On Jan 15, 2025, 5:01 AM
Jeffrey Epstein's estate, once valued at $600 million, has seen its worth increase to $145 million following a substantial tax refund of $111.6 million from the IRS. Many of Epstein's victims were expected to benefit from settlements, but the estate’s executors, two of Epstein's former associates, may end up receiving a larger share of the estate instead. This has led to frustration among victims, as the infusion of cash does not appear to be going to them, despite calls for justice.
Stock Forecasts
LAW
Positive
The estate's cash position has improved significantly, which might not directly benefit victims, leading to potential legal and societal backlash rather than financial growth for Epstein's executors. Investing in stocks related to legal firms that may handle future cases for these victims might see increased activity.