Jeffrey Epstein’s Brother, Marc, will likely inherit his almost billion dollar estate, which he will then use to payout a number of pending lawsuits from alleged victims

(Daily Mail) There is no word on what will happen to the Jeffrey Epstein's massive estate, but it's likely that a good portion could go to Marc. 

Epstein, who passed away on Saturday at the age of 66 while awaiting trial on federal sex trafficking charges, stated in a court document filed just weeks before his death that his estate was worth approximately $550 million.

It was likely worth far more than that however, and since Epstein had no known wife or children at the time of his death, it is his younger sibling and the lone surviving member of his immediate family who would seem best positioned to inherit the majority of what could be a near-billion dollar estate.

First though, Epstein's executor and heirs will have to piece together the felon's fortune, which has been scattered like puzzle pieces across the globe. 

Then, once that is complete and all of his holdings and properties and investments have been accounted for, the heirs will have to settle up on taxes and liens before then facing a wave of lawsuits from numerous women who claim they were assaulted and in some cases raped by Epstein for years when they were underage.

Those lawsuits could ultimately drain the entire estate, and leave his heirs with nothing but the heavy burden of trying to right his wrongs as best they can in the wake of his death.  

NEXT STEPS

A source who is familiar with Epstein's finances told DailyMail.com that they would not identify any of the possible heirs, but said they were certain that any will that might be filed by the deceased would not be entered in New York Probate Court.

Epstein would instead have the will submitted in the US Virgin Islands, and the source said that his longtime lawyer Darren Indyke would likely be the executor and not his brother.

If there is no will, then Mark would be the executor of the estate as Epstein's closest relative.

In addition to his brother, Epstein is survived by two aunts, an uncle and a cousin who all reside in New York. 

The executor could also decline to oversee the estate, an option that could play out given the forthcoming legal proceedings that are expected to play out with lawsuits. 

In that case the position would be up for grabs, and could actually go to one of Epstein's victims, who could then oversee how his payouts to alleged victims are carried out. 

He had already paid as many as 40 women in relation to his 2008 criminal case, with Epstein agreeing to settle all suits with known victims as part of his plea deal.

The amounts those suits settled for are not known at this time, and it is unclear how many women have collected their settlement thus far.

In this latest case, the accusers had been waiting to file until after the criminal case had been tried in federal court, but this latest development now changes that plan. 

PROPERTY BROTHER 

The bachelor brothers had a mutual business interest in at least one property which is located on Manhattan's Upper East Side.

Epstein's one-time mentor Leslie Wexner sold an apartment building located on East 66th Street to a company created by Epstein but headed up by his brother in the early 1990s for just under $8 million.

That is the same property where Epstein housed his pilots, assistants and some of the models from the now-defunct MC2 agency. 

Mark is also the owner of not one but two condos in Florida, which are both valued at just over $125,000, according to records, and located in Palm beach.

He had offered to put that up as collateral in the wake of his brother's arrest, in what looked to be a public show of sibling support.

That is however just one of his many properties, and the least valuable one, according to official assessments.

Mark also owns: a $500,000 farmhouse in Milanville, Pennsylvania; three homes which are in varying states of decay just north of Manhattan in Newburgh, New York which are each worth approximately $150,000; and a $500,000 home in Stone Creek, Georgia.

His company also owns buildings on Greenwich Street in New York's West Village and Vandam Street in Soho, in addition to the Upper East Side residence. 

REAL ESTATE RICHES 

It failed to mention though that Epstein is the owner of not one, but two islands in the Caribbean. 

He more than doubled his property holdings in January 2016 when he paid $18 million for Great St James.

That 162-acre property is located next to Little St. James, the 71.5-acre island he purchased in 1998 for $7.95 million.

Epstein had big plans for the latest addition to his already sizable real estate portfolio, with renderings showing he was in the process of building a barge dock, two homes, cottages, an amphitheater, gardens, a marine electrical cable, solar array and generator, storage building, security building, work shed, machine shop, and an 'underwater office and pool.'

That barge and a few completed structures, as well as construction equipment, are visible in aerial images of the island.  

Epstein had completed that work despite the fact that only the construction of a flagpole and repair of cisterns has been approved by government officials. 

A spokesperson with the Virgin Islands Department of Planning and Natural Resources declined to comment and relayed to DailyMail.com that more information could only be obtained in person and with an appointment at the office in St. Thomas. 

These two islands are not his only major holding in the area either, with Epstein also owning a 50 percent stake in America Yacht Harbor, a port that has slips for 123 yachts, sailboats and pleasure crafts as well as a strip mall of offices. 

Epstein's firm Southern Trust Company is in that strip, where he operated at least 15 LC companies over the past two decades according to public records obtained by DailyMail.com. Those records also reveal that his office manager for much of that time has been Cecile de Jongh, the former first lady of the Virgin Islands.

It is unclear what, if any, benefits Epstein has been afforded because of his hiring of de Jongh.

She was not first lady when she took the job, and her husband John's run happened to coincide with the exact moment the allegations against Epstein first became public.

He was eventually elected to office in 2007 and served two terms as governor despite his wife's ties to Epstein. 

Records suggest that she still works at his office. 

In total, Epstein's properties are valued at close over $150 million, not counting the added value on his two islands that likely bring that number closer to $250 or even $300 million. 

His other residences include a Paris bolthole where he spent the weeks before returning to the US and getting arrested on the tarmac as his plane touched down at Teterboro Airport in New Jersey. 

The $9 million pied-a-terre is located on one of the nicest blocks in the City of Lights, and Epstein traveled there frequently, often spending a few months at the apartment each summer.

There are few details known about the property other than the fact that Epstein has operated one of his companies out of the apartment since 2002, and that it is in the same building where famed art dealer Paul Guillaume lived with his wife.

He would die under mysterious circumstances at the age of 42 and his wife was initially arrested for his murder, but ultimately cleared of all charges when it was ruled that his death had been caused by septic shock. 

Halfway around the world, just outside Santa Fe, New Mexico, sits Epstein's country estate.

The Zorro Ranch consists of a 26,700-square-foot mansion on 10,000 acres that was purchased by Epstein back in 1993.

It was only 7,500 acres when he purchased the property, but Epstein has added to the ranch over the years.

This could be in large part because it is the one state where he resides that he does not have to register as a sex offender.

There is also a possible ski chalet that Epstein owns, with records obtained by DailyMail.com showing that a $22 million home in Vail, Colorado was added to his portfolio back in 1997.

It was transferred to him back in 1998 by Libet Johnson, the late heiress to the Johnson & Johnson fortune, who passed away in 2017.

Johnson's name remained on the deed however, and she listed both herself and Epstein as living at the same address on Madison Avenue. 

It is still listed as being owned by the late heiress' trust.

And there is the $1 million home in Florida he bought, located nine miles south of his Palm Beach mansion. 

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