Economy|Business and EconomyEpstein urged media mogul to give up control of affairs, citing healthLate sex offender urged US-Canadian billionaire Mortimer Zuckerman to enter guardianship or conservatorship, files show.
Documents released by the United States Department of Justice reveal that Jeffrey Epstein encouraged Mortimer Zuckerman, a prominent media and real estate figure, to cede control of his financial matters due to what Epstein described as Zuckerman's…
Documents released by the United States Department of Justice reveal that Jeffrey Epstein encouraged Mortimer Zuckerman, a prominent media and real estate figure, to cede control of his financial matters due to what Epstein described as Zuckerman's "potentially dangerous" cognitive decline.
Epstein's association with Zuckerman, currently 88 years old, has been publicly known for over two decades. However, newly released files indicate that Epstein also acted as a confidant privy to private aspects of Zuckerman's life.
In October 2015, following a meeting with Zuckerman and diplomat Terje Rod-Larsen, Epstein sent an email advising Zuckerman to consider a guardianship or conservatorship. Epstein expressed concerns about Zuckerman's cognitive abilities and suggested that trusted individuals, including Rod-Larsen and Zuckerman's nephews, take charge of his affairs.
Epstein pointed out that Zuckerman's condition might lead to increased vulnerability and recommended immediate action to avoid court-imposed solutions. He also discussed these concerns with Eric Gertler, Zuckerman's nephew, advising Gertler to manage the sale of assets such as stocks and artworks.
Epstein's association with Zuckerman, currently 88 years old, has been publicly known for over two decades.
Approximately six months after these communications, Zuckerman announced his resignation as chairman of Boston Properties, a major real estate investment trust in the United States. He did not indicate health reasons for this decision and retained the title of chairman emeritus.
Zuckerman's connection with Epstein occasionally surfaced in the media, particularly after Epstein's 2008 conviction. In the early 2000s, Zuckerman collaborated with Epstein on various business ventures, including an unsuccessful bid for New York Magazine and a brief relaunch of Radar magazine.
Further investigative files reveal that Epstein viewed Zuckerman as both a client and business partner. In 2013, Epstein drafted a $21 million proposal to assist Zuckerman with estate planning, though it is unclear if this proposal was accepted.
Additionally, Epstein reportedly urged Zuckerman to influence the editorial stance of the New York Daily News, a publication Zuckerman owned, regarding allegations of Epstein's sexual misconduct.
Based on reporting by Al Jazeera.
