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It’s an absurdly vast house, among the largest in Manhattan, but the dining
room is windowless, creating a hermetic or stop-time sense, broken only by the
household help ferrying in time-of-day-appropriate foods and beverages.
In sweatshirt, draw-string pants, palm beach slippers, and half glasses,
Jeffrey Epstein sits at the head of the table. He spends most of his day in the dining
room, remote from the world, in front of a lap top and beside a row of reading
glasses (there are a lot of them in case, apparently, he misplaces a pair, but being
quite meticulous he never does) advising, or instructing, a startling collection of
the rich and powerful, slotted in on an hourly basis.
The apartness of Epstein’s dining room might seem to offer some buffer in
this leveled, angry age for a super rich man who attends to even more fabulously
rich men (and the occasional extremely rich woman). On the other hand, with the
paparazzi often posted near by, the outside world seem dangerously close too.
(Once I arrived for a visit and found several police cars blocking the street and
thought the worst—they’d come for Jeffrey. But it was a security detail for a
controversial head of state, also visiting him.)
His subject for the morning is “hyper wealth.” His subject is always some
rarefied science or wealth, todays topic is how capital will most likely react to the
given global political, economic, and cultural moment. The otherwise baronial
dining room is disturbed by an ever-present white board, on which he scribbles
calculations and notes, conducting perhaps the world’s most rarified economics
class, often to many of the world’s finance ministers and foremost economists.
Epstein’s apartness or parallel life reflects much of the other-worldly
characteristics of the wealth revolution that began in the late 1970s and that
continued through the Wall Street boom of the 80s, the tech boom of the
90s—surviving, to often bitter attack, the banking crisis—and that has now seen
the emergence of the international billionaire and oligarch class. He has quite
turned himself into a hyperbolic representations of this wealth and hence, in a way,
become accountable for it.
His own way to riches was to become a voracious student of the new
money, as well as one of its larger than life characters, as it grew to an
unanticipated and disruptive scale. His stock in trade is not precisely the making of
money, but the corollary issues that arise when money, at a heretofore
unimaginable scale , in personal hands alters many basic economic and social
principles.
He recounts a dinner he had two nights before. It is, like much of what he
does, a conspiracist’s fantasy. The six men at this dinner, all technology
entrepreneurs, represented, together, over a hundred billion dollars.
“In the past, only governments had this amount of money,” says Epstein
conversationally, but making a pedagogical point, “money at a reality altering
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