Today's Business Headlines: 03/03/26
Leon Black , co-founder of Apollo Global Management, paid Jeffrey Epstein $158 million for tax and estate planning services between 2012 and 2017, according to an outside investigation commissioned by Apollo .
Gates recently told employees at a Gates Foundation town hall that he had affairs with two Russian women — including bridge player Mila Antonova — while apologizing for his past association with Epstein,Ex-Goldman CEO sounds alarm on private credit — warning it 'smells' like 2008A spokesperson for Gates told The Post on Wednesday that the Microsoft co-founder “welcomes the opportunity to appear” before the committee. “While he never witnessed or participated in any of Epstein’s illegal conduct, he is looking forward to answering all the committee’s questions to support their important work,” a rep for Gates told The Post.Microsoft co-founder Bill Gates has been asked by House Republicans to testify about his past meetings with Jeffrey Epstein as part of a congressional investigation.Black, the co-founder of private equity giant Apollo Global Management, paid Epstein $158 million for tax-planning and estate advisory services between 2012 and 2017,Black, who stepped down as Apollo’s chief executive in 2021, has said he regretted his association with Epstein and was unaware of his criminal conduct. “Mr. Black paid Epstein for tax and estate planning work and he had no awareness of Epstein’s criminal activity,” a spokesperson for Black told The Post on Wednesday. “He looks forward to answering the committee’s questions, providing additional clarity and furthering their work.” Black and his successor, Apollo CEO Marc Rowan, were hit this week with a proposed shareholder class-action lawsuit accusing them of misleading investors about the firm’s dealings with Epstein.falsely denied in regulatory filings in 2021 and 2022 that it had done business with Epstein, even though he allegedly communicated frequently with senior leadership about matters tied to the firm.Kathryn Ruemmler, Goldman Sachs’ outgoing general counsel and a former Obama White House lawyer, has said her relationship with Jeffrey Epstein was strictly professional.Rowan, who succeeded Black as chief executive in 2021, has insisted the firm never had a business relationship with Epstein and that his own interactions were limited to the financier’s tax work for Black. “I didn’t like him for my own reasons, he wasted my time,” Rowan said at a Bloomberg event Tuesday, adding that “even from the grave, he’s wasting my time.”“Neither Mr. Rowan nor anyone else at Apollo had either a business or personal relationship with Jeffrey Epstein, as was confirmed by an independent, transparent and thorough investigation in 2021,” the company rep told The Post.Ruemmler, a former White House counsel under President Barack Obama who later became Goldman Sachs’ general counsel, has said her relationship with Epstein was purely professional.Jeffrey Epstein, seen here with longtime associate Ghislaine Maxwell, died in a Manhattan jail in 2019 while awaiting trial on federal sex-trafficking charges.But emails later revealed the two exchanged friendly messages and gifts, with Ruemmler at times referring to him as “Uncle Jeffrey” and “sweetie,” even as she has insisted she had no knowledge of any criminal activity and regrets ever knowing him. “Ms. Ruemmler welcomes the opportunity to appear before the Committee,” a spokesperson for Ruemmler told The Post. “At the time she interacted with Jeffrey Epstein, she was a practicing criminal defense attorney and shared a client with him. She has done nothing wrong and had no knowledge of any ongoing criminal activity on his part.” Ruemmler announced last month that she would be stepping down as Goldman’s top lawyer later this year. Goldman declined to comment.Apollo Global Management CEO Marc Rowan has said the firm never had a business relationship with Jeffrey Epstein and that his own interactions with the financier were limited to tax work tied to co-founder Leon Black.was a wealthy financier and convicted sex offender who moved in elite political and business circles before his arrest in 2019 on federal charges of running a sex-trafficking ring involving underage girls.The documents include emails, photographs and other records that have prompted congressional investigators to seek testimony from several people who previously interacted with him.GOP senator urges DOJ, FTC to probe soaring costs of watching NFL games on streamersKhloé Kardashian is ‘contemplating’ having another baby after Tristan Thompson cheating ‘trauma’Mike Brown's Knicks Starting To Jell Just In Time | Back Page Banter Microsoft co-founder Bill Gates has been asked by House Republicans to testify about his past meetings with Jeffrey Epstein as part of a congressional investigation.Kathryn Ruemmler, Goldman Sachs’ outgoing general counsel and a former Obama White House lawyer, has said her relationship with Jeffrey Epstein was strictly professional.Jeffrey Epstein, seen here with longtime associate Ghislaine Maxwell, died in a Manhattan jail in 2019 while awaiting trial on federal sex-trafficking charges.Apollo Global Management CEO Marc Rowan has said the firm never had a business relationship with Jeffrey Epstein and that his own interactions with the financier were limited to tax work tied to co-founder Leon Black.
Apollo Apollo Global Management Congress Goldman Sachs Jeffrey Epstein Leon Black Marc Rowan
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