Story perspectives

Leon Black Testifies on $158 Million Epstein Payments

6/26/2026

Summary

Story summary

Leon Black testified before the U.S. House Oversight Committee about his payments to Jeffrey Epstein.
Black said he first met Epstein in the 1990s and began paying him for wealth-management advice in 2013.
Senator Ron Wyden wrote to the committee questioning Black’s $158 million payments to Epstein.
Apollo Global Management’s internal review by Dechert LLP concluded Black believed Epstein was highly capable and that the fees covered estate-planning and tax advice.

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Story summary

Leon Black testified before the U.S. House Oversight Committee about his payments to Jeffrey Epstein.
Black said he first met Epstein in the 1990s and began paying him for wealth-management advice in 2013.
Senator Ron Wyden wrote to the committee questioning Black’s $158 million payments to Epstein.
Apollo Global Management’s internal review by Dechert LLP concluded Black believed Epstein was highly capable and that the fees covered estate-planning and tax advice.