BILLIONAIRE GAMBLER™: James Altucher

The main source for the following article is James Altucher, a reputable author, blogger, genius, and Wall Street investor.

By answering a quora question, James Altucher demystified the Jeffrey Epstein's source of wealth.

It seem that Jeffrey Epstein wasn't an hedge fund manager / money manager at all. There is absolutely zero evidence that he operated as such.

In reality, Jeffrey Epstein was a satyriasis (the masculine of nymphomaniac) and had the money to treat himself 3 times a day with young girls and he turned it into an industry. Just like I did with my porn websites!

"Hedge Fund"

The "hedge fund" was just a story so people could explain why they were wiring him Money. Epstein also created dozens of shell companies to mask his elaborate sex ring.

"Philanthropy meetings"

For decades, Epstein hung out with Presidents, country leaders, royalty, Billionaires, financiers, philanthropists, Nobel Prize winners, top scientists, A-list celebrities, etc. These relationships were tradable commodities for him. Through Epstein you had the opportunity to met members of the global elite. So it was a reasonable excuse to visit him on his private island.

Security and privacy

The protection from government (through his massive connections and philanthropy presence).

P.S. (Not so private and secure because it seem that all the dignitaries who were serviced by young gals were recorded. Oups!)

Young girls

Jeffrey Epstein's actual business was as a concierge for the wealthy and private. He secured companionship, threw exclusive parties, arranged for private and discreet meetings with young pretty girls.

He ran a very exclusive social club. One with the largest private residence in New York City, a private island in the Bahamas, private jets with discreet crews, fast boats etc. His real talent though was finding young pretty girls/women - about half were gold diggers in their younger 20s - that where treated and used as luxury goods. Indeed they are.

Club Epstein

Little Saint James is a private island of the United States Virgin Islands, off the coast of St. Thomas.

In 2019, the island was valued at $63,874,223.
Had a discreet 70 staff.
The area covered by the island is 70–78 acres (28–32 ha) or if you prefer 0.28–0.32 square km (0.11–0.12 sq mi).

Was owned by Jeffrey Epstein as his primary residence from 1998 until his 2019 death and he called the island "Little St. Jeff". Through the years, the island acquired several nicknames as "Island of Sin", "Pedophile Island", "Pedo Island", "Paedo Island", "Orgy Island", and the "Isle of Babes".

A large bed installed on the jet where guests had group sex with young girls

"Lolita Express" Boeing 727-200 private jet.

A three-engine commercial jet with a capacity of nearly 200 passengers, but tailored into a luxury 29-passenger with dual-cabin privacy.
Logged 600 hours of fly time a year.
"Lolita Express" was part of his $80 Million fleet of aircraft.
Had padded floors for mid-flight wild orgies.

Manhattan mansion.

Valued at somewhere between $55 to $77 Million.
Seven-story, 21,000-square-foot Upper East Side home near Central Park.

Socialite and ex-girlfriend Ghislaine Maxwell was his recruiter.

In resume,

He set up the island, the procurement of young girls, the facade of respectability, the protection from government (through his massive connections and philanthropy presence). Then you can do whatever the fuck you want on the island.

Then he probably pitched rich foreign billionaires (sheikhs, dictators, etc) and said, “if you put money in my fund, you can have access to my island, and by the way, lots of young girls on my island and it’s all VERY SECURE AND PRIVATE”.

THAT was his product.

That is obviously not an easy product to build. And it’s a product that was apparently in demand by at least a few wealthy, or connected, and corrupt billionaires, royalty, world leaders, etc.

He sold it to all takers.

Let’s say “membership” in Club Epstein was $20 Million.

Every single dictator in the world can afford that. Almost every single royal person in the world can afford that.

Various foreign corrupt businessmen can afford that without thinking of it.

30 members and Epstein has $600 Million.

That’s how he made his Money.

Two days before Jeffrey Epstein his suicide he signed a will where he disclosed his assets.

$56 million in cash
$113 million in equities
$14 million in bonds
$195 million invested with hedge funds
$178 million combined value of six properties

When Jeffrey totaled his entire net worth up, he estimated it to be worth exactly $577,672,654.

Although, that number could be higher because it does not include assets put into a trust which are not made public. Technically not a Billionaire but just like one. As Mr. Altrucher stated, anyone with $100 Million or more can live like a Billionaire.

Which made Jeffrey Epstein the Richest Pimp Of All Time. And I'm pretty sure he never wore a colorful suit, a big hat, a shitload of jewelry nor made it to the Players Ball.