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stores became a well-known client.151
Wexner acquired Abercrombie & Fitch
the following year, and in 1992
converted a private school into an
enormous residence that later became
Epstein's in the wealthiest part of
Manhattan, the Upper East Side. In
1996, Epstein changed the name of his
firm to The Financial Trust Company
and based it on the island of St.
Thomas in the U.S. Virgin Islands.[51
In 2003, Epstein publicly bid for New
York magazine. Other bidders were
advertising executive Donny Deutsch,
investor Nelson Peltz, media mogul and
New York Daily News publisher
Mortimer Zuckerman, and film producer
Harvey Weinstein. They were ultimately
outbid by longtime Wall Street investor
Bruce Wasserstein, who paid $55
EFTA00714430
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