Meet Jeffrey Epstein, the billionaire financier arrested for alleged sex trafficking who's rubbed elbows with Donald Trump, Bill Clinton, and Kevin Spacey

While he was a teacher, Epstein reportedly tutored Bear Stearns chairman Ace Greenberg's son and "was friendly" with his daughter, and left the school in 1976 to work at the firm.

Source: Vanity Fair

New York Magazine credits "those who know Epstein" and "lore" for the only existing and still vague details of the firm's business, which for tax purposes is run from the island of St. Thomas in the US Virgin Islands.

The firm only accepted clients with $1 billion or more of assets and has been shrouded in secrecy since its founding. Les Wexner, the founder of the clothing brand The Limited and a high-flyer in the fashion industry, has been the only identified client of the firm.

"My belief is that Jeff maintains some sort of money-management firm, though you won't get a straight answer from him," one well-known investor told New York Magazine of Epstein in 2002. "He once told me he had 300 people working for him, and I've also heard that he manages Rockefeller money. But one never knows. It's like looking at the Wizard of Oz – there may be less there than meets the eye."

By 1992, Epstein was the official owner of the largest private residence in Manhattan.

He would also later purchase homes in Paris, Miami, New Mexico, and the entire island of Little St. James in the US Virgin Islands.

Epstein's philanthropic efforts culminated in the Jeffrey Epstein VI Foundation, which made headlines for a 2003 donation of $30 million to Harvard University to establish a mathematical biology and evolutionary dynamics program.

The donation showed off some of Epstein's most elite connections, as he was publicly lauded as "brilliant" by then-Harvard professor Alan Dershowitz, who would later help represent him when Epstein was accused of sex crimes in 2007.

The donation joined the ranks of what some saw as Epstein's carefully calculated efforts to curate an image of himself as an elite figure.

"He is this mysterious, Gatsbyesque figure," someone familiar with Epstein told NYMag in 2002. "He likes people to think that he is very rich, and he cultivates this air of aloofness. The whole thing is weird."

Epstein's private plane took President Bill Clinton, actor Kevin Spacey, and comedian Chris Tucker to Africa to tour AIDS project sites.

This was one instance of Epstein getting friendly with Clinton, as the former president would reportedly take several flights on Epstein's private plane in 2002 and 2003, according to logs obtained by Gawker in 2015.

His public association with Clinton seemed to be by design, as Epstein said in 2002 that his elite social circle was a "collection" that he invested in.

"I invest in people, be it politics or science," Epstein said. "It's what I do."

Real-estate mogul Donald Trump described Epstein in 2002 to New York Magazine as someone who "enjoys his social life" and likes women "on the younger side."

"I've known Jeff for fifteen years," Trump told the magazine at the time. "Terrific guy. He's a lot of fun to be with. It is even said that he likes beautiful women as much as I do, and many of them are on the younger side."

In 2007, Vanity Fair columnist Michael Wolff told the magazine that when he had flown on Epstein's private plane in the 1990s, Epstein "was followed onto the plane by — how shall I say this? — by three teenage girls not his daughters" who were "18, 19, 20" and "model-like."

"He has never been secretive about the girls," Wolff said. "At one point, when his troubles began, he was talking to me and said, 'What can I say, I like young girls.' I said, 'Maybe you should say, 'I like young women.'"

After years of fielding allegations of sexually abusing young girls, detectives in Palm Beach, Florida acted on a tip in 2005 from a woman who said a wealthy man named "Jeff" had molested her step-daughter.

But in 2007, he cut a secret deal with then-US Attorney Acosta that granted Epstein immunity from federal prosecution, and Epstein pleaded guilty only to solicitation of prostitution and procurement of minors for prostitution.

Epstein only ended up serving a 13-month jail sentence, during which he was reportedly allowed to leave jail six days a week to work out of his Palm Beach office.

The Herald's Julie Brown reported that court documents detailed Epstein paying underage girls to give him massages, during which he would often subject them to further abuse and later offer them money to recruit other young girls.

Joseph Recarey, the lead Palm Beach detective on the case, said Epstein was essentially operating a "sexual pyramid scheme." Brown and the Herald identified about 80 women who say they were molested or otherwise sexually abused by Epstein.

A team of prosecutors including Dershowitz fought the charges, and Epstein responded to the suits by saying the girls consented to "the acts alleged" and that he believed they were 18, the Daily Beast reports.

The newest charges are being prosecuted by the Southern District of New York, which alleges Epstein's abuse of underage girls took place in his Manhattan and Florida homes from roughly 1999-2005, according to The Daily Beast.

Law-enforcement sources told The Daily Beast that Epstein's employees and associates recruited the girls, and some victims even became recruiters themselves.