Jeffrey Epstein Reportedly Invested $40 Million in a Company Co-Founded by Peter Thiel

Tech billionaire Peter Thiel has spent the last few years gabbing about Jeffrey Epstein—sometimes to fan the flames of conspiracy theory, and, at other points, to tie other well-known tech magnates to the dead pedophile. However, a new report claims that Thiel, himself, had significant financial ties to Epstein prior to the accused sex trafficker’s death in a New York jail cell in 2019. The New York Times reported on Wednesday that in 2015 and 2016, not long before his death, Epstein invested a substantial sum into a company that Thiel had co-founded. Valar Ventures, a venture capital firm that (like many of Thiel’s other companies) is named after a creature from J.R.R. Tolkein’s mythos, received $40 million from Epstein, according to the report. The sum that Epstein invested is now reportedly worth close to $170 million, based on a confidential financial analysis from Epstein’s estate and a statement from a Valar spokesman viewed by the New York Times. Epstein’s estate is benefiting ... Read full article.