Skip to main content
Skip to content

Andrew Farkas

Billionaire real estate investor; co-owned USVI marina with Epstein; ~2,000 emails over a decade; prison visitor

Black BookCourt Filing

Also known as: Andrew L. Farkas

Billionaire real estate investor (b. 1960, NYC), grandson of Alexander's department store founder George Farkas. Harvard '82.

Founded Insignia Financial Group (1990), grew it into the world's largest commercial real estate services firm before merging with CB Richard Ellis (2003). Then founded Island Capital Group and Island Global Yachting (IGY Marinas), a leading luxury marina operator. In 2007, Farkas purchased the 127-slip American Yacht Harbor marina at Red Hook, St. Thomas, USVI, and offered Epstein 50/50 ownership. The marina was a short boat ride from Epstein's Little St.

James island. Epstein's stake remained hidden until a 2018 deposition. Farkas gave Epstein approximately $200,000 per year in discounts on the deal and received a $2 million fee from Epstein per subpoenaed documents. Nearly 2,000 emails exchanged over a decade. In a December 31, 2010 message -- two years after Epstein's Florida sex crimes conviction -- Farkas wrote: 'You are one of the blessings in my life and I cherish our friendship.'

The two jointly applied for special USVI tax treatment that ultimately saved Epstein over $300 million (per a JPMorgan lawsuit). Farkas visited Epstein regularly during his 13-month Florida jail sentence. Through spokesperson Julie Wood, Farkas claimed the relationship was 'entirely business' and said he 'regrets their association and condemns Epstein's crimes.' Named in the January 30, 2026 release of 3 million additional Epstein file pages.

Epstein's estate sold its IGY stake in 2021; Farkas then sold the company for $480 million in 2022.

Nationality
Notable Positions
Founder & CEO, Island Capital Group | Founder, Insignia Financial Group | Founder, Island Global Yachting (IGY Marinas)
Black Book
Listed (4 phone numbers)
black-bookfinanceusviefta
Share
PostReddit
Premium Print View

Large reports can take 10 to 30 seconds. Your download will start automatically.

Andrew Farkas appears in records associated with Jeffrey Epstein, including flight logs, contact lists, or legal documents. Appearance in these records does not imply any wrongdoing or criminal conduct. Many individuals had legitimate professional or social interactions.

AI-Generated Dossier
Medium evidence72% confidence

This dossier was generated by AI (Claude) from court filings, government releases, and other documentary sources in our database. It may contain errors or misattributions. Always verify claims against the linked source documents.

Background

Andrew L. Farkas (b. 1960, New York City) is an American billionaire real estate investor and the grandson of Alexander's department store founder George Farkas. A 1982 graduate of Harvard University, Farkas founded Insignia Financial Group in 1990, growing it into the world's largest commercial real estate services firm before merging it with CB Richard Ellis in 2003. He subsequently founded Island Capital Group and Island Global Yachting (IGY Marinas), a leading luxury marina operator.

Farkas has deep ties to the U.S. Virgin Islands through his marina business. In 2007, he purchased the 127-slip American Yacht Harbor marina at Red Hook, St. Thomas, USVI -- a short boat ride from Jeffrey Epstein's private island, Little St. James. Epstein's estate sold its IGY stake in 2021, and Farkas subsequently sold the company for $480 million in 2022.

Farkas was named in the January 30, 2026 release of approximately 3 million additional Epstein file pages, and appears in Epstein's black book with four separate phone numbers. He co-occurs in documents alongside numerous key figures in the Epstein case, including Leon Black, Larry Summers, Jes Staley, and Ghislaine Maxwell.

Epstein Connection

Andrew Farkas maintained an extensive business and personal relationship with Jeffrey Epstein spanning over a decade. According to documents and public reporting, Farkas offered Epstein a hidden 50/50 ownership stake in the American Yacht Harbor marina in St. Thomas, USVI, which he purchased in 2007. This stake was not publicly revealed until a 2018 deposition. The two exchanged nearly 2,000 emails over the course of their relationship. Farkas gave Epstein approximately $200,000 per year in discounts on the marina deal and received a $2 million fee from Epstein per subpoenaed documents. The pair jointly applied for special USVI tax treatment that, according to a JPMorgan lawsuit, ultimately saved Epstein over $300 million. Farkas visited Epstein regularly during his 13-month Florida jail sentence (2008-2009). In a December 31, 2010 email -- two years after Epstein's sex crimes conviction -- Farkas wrote: 'You are one of the blessings in my life and I cherish our friendship.' Documents show Epstein referencing Farkas's private plane in coordinating travel for associates. Through spokesperson Julie Wood, Farkas later characterized the relationship as 'entirely business' and stated he 'regrets their association and condemns Epstein's crimes.'

Key Allegations(8)

Farkas offered Epstein a hidden 50/50 ownership stake in the American Yacht Harbor marina at Red Hook, St. Thomas, USVI, purchased in 2007. The stake was not revealed until a 2018 deposition.

documented

Farkas gave Epstein approximately $200,000 per year in discounts on the marina deal and received a $2 million fee from Epstein per subpoenaed documents.

alleged

Farkas and Epstein jointly applied for special USVI tax treatment that, per a JPMorgan lawsuit, saved Epstein over $300 million.

alleged

Farkas visited Epstein regularly during his 13-month Florida jail sentence following Epstein's 2008 sex crimes conviction.

documented

Nearly 2,000 emails were exchanged between Farkas and Epstein over the course of a decade-long relationship.

documented

Epstein referenced the use of Farkas's private plane when coordinating travel for associates, including arranging transport for a woman and her 11-year-old daughter in January 2014.

documented

Farkas is referenced as a donor who gave a building to Harvard's Hasty Pudding, mentioned in the context of discussions about foundation gifts involving Joichi Ito and Leon Black.

documented

Farkas's name appears in a DOJ list of names associated with Jeffrey Epstein, with redacted personal contact information, as part of a legal or investigative file.

documented
Legal Status
named in docs

Andrew Farkas has not been charged with or convicted of any crime. He is named extensively in Epstein-related document releases, including DOJ investigative files, EFTA (Epstein Files Task Force) documents, and House Oversight records. He appears in Epstein's black book with four phone numbers. He was named in the January 30, 2026 release of approximately 3 million additional Epstein file pages.

Notable Statements(2)

You are one of the blessings in my life and I cherish our friendship.

Email from Farkas to Epstein dated December 31, 2010, approximately two years after Epstein's Florida sex crimes conviction.2010-12-31

Through spokesperson Julie Wood, Farkas claimed the relationship was 'entirely business' and stated he 'regrets their association and condemns Epstein's crimes.'
Contradictions(2)
Public Claim

Through spokesperson Julie Wood, Farkas characterized his relationship with Epstein as 'entirely business.'

Documentary Evidence

In a December 31, 2010 email, Farkas wrote to Epstein: 'You are one of the blessings in my life and I cherish our friendship,' language that strongly suggests a personal rather than purely business relationship. Farkas also visited Epstein regularly during his 13-month Florida jail sentence and exchanged nearly 2,000 emails over a decade.

Public Claim

Farkas stated he 'regrets their association and condemns Epstein's crimes.'

Documentary Evidence

Documents indicate Farkas continued and deepened the business relationship after Epstein's 2008 conviction, including the warm December 2010 email, ongoing marina partnership, and joint applications for USVI tax benefits that saved Epstein over $300 million.

Key Relationships(7)

Extensive business partnership including 50/50 ownership of American Yacht Harbor marina in USVI, joint USVI tax applications, ~$200K/year in discounts to Epstein, $2M fee from Epstein, and ~2,000 emails exchanged over a decade. Shared 18 documents.

Leon Black and Andrew Farkas are mentioned together in the context of foundation gifts and Epstein-related financial discussions. Both are billionaire investors in Epstein's network. Shared 6 documents.

Larry Summers co-occurs with Farkas in 9 shared documents within the Epstein file corpus.

Jes Staley (former Barclays CEO, key Epstein associate) co-occurs with Farkas in 7 shared documents.

Joi Itosocial

Joi Ito is mentioned alongside Farkas in email chains discussing foundation gifts involving MIT, ASU, and Leon Black's money. Shared 4 documents.

Mark Epstein (Jeffrey Epstein's brother) co-occurs with Farkas in 6 shared documents, potentially related to the USVI marina business.

Darren Indykeprofessional

Darren Indyke (Epstein's attorney) co-occurs with Farkas in 4 shared documents, consistent with the legal structuring of business arrangements between Farkas and Epstein.

Timeline(12 events)
1960

Andrew Farkas born in New York City, grandson of Alexander's department store founder George Farkas.

1982

Graduated from Harvard University.

1990

Founded Insignia Financial Group, which grew into the world's largest commercial real estate services firm.

2003

Insignia Financial Group merged with CB Richard Ellis. Farkas subsequently founded Island Capital Group and Island Global Yachting (IGY Marinas).

Purchased the 127-slip American Yacht Harbor marina at Red Hook, St. Thomas, USVI, and offered Epstein a hidden 50/50 ownership stake. The marina was a short boat ride from Epstein's Little St. James island.

Epstein convicted of Florida sex crimes and begins 13-month jail sentence. Farkas visited Epstein regularly during his incarceration.

2010-12-31efta-02201854

Farkas sent email to Epstein stating: 'You are one of the blessings in my life and I cherish our friendship.'

Epstein coordinated the use of Farkas's private plane for an associate (Kelly Friendly) and her 11-year-old daughter.

2018

Epstein's hidden ownership stake in the American Yacht Harbor marina was revealed through a deposition.

2021

Epstein's estate sold its IGY Marinas stake.

2022

Farkas sold IGY Marinas for $480 million.

2026-01-30efta-02067529

Farkas named in the release of approximately 3 million additional Epstein file pages.

At a Glance

Click values for sources
0
Flight appearances
Document mentions
Various sources
0
Known connections
Black book entry
4 phone numbers listed
Evidence Types
Black BookCourt Filing

Activity Timeline

External Cross-Check

Search ICIJ Offshore Leaks, OFAC Sanctions, SEC EDGAR, and Federal Courts

Black Book Entry

Black Book EntryPage 72
View full book
Island Capital
Phone Numbers (2)
Addresses (1)
717 5th Ave, 18th Floor, NY 10022, New York, US

Document Mentions

Email Mentions (7)

Schedule (50)

2010-11-30 to 2019-01-10 · 25 entries verified across multiple documents

2010-11-3008:30meal

Breakfast with Prince Andrew and Andrew Farkas

2012-06-0112:30meal2 sources

Lunch with Seth Lloyd and Andrew Farkas

2013-03-0508:30meal3 sources

Breakfast w/Andrew Farkas

2013-03-0508:30meal5 sources

Breakfast with Andrew Farkas

2013-04-0808:30meeting5 sources

Meeting with Andrew Farkas, Cecile & John

2013-05-2217:00appointment7 sources

Appointment with Andrew Farkas

2013-05-2217:00appointment

Appt w/Andrew Farkas

2013-05-2217:30appointment4 sources

Appointment with Andrew Farkas

2013-07-1808:30meal2 sources

Breakfast w/Andrew Farkas

2013-07-1808:30meal8 sources

Breakfast with Andrew Farkas

2013-09-0416:00appointment2 sources

Appt w/Andrew Farkas

2013-09-0416:00appointment3 sources

Appointment with Andrew Farkas

2013-12-0409:30phone_call

JE to Call Andrew Farkas

2013-12-0415:00meeting

Andrew Farkas to join the Barak meeting, he will excuse himself at 3:15pm to make a call

2014-01-2714:30appointment11 sources

Appointment with Andrew Farkas

2014-01-2714:30appointment2 sources

Appt w/Andrew Farkas

2014-02-2108:00meal5 sources

Breakfast with Andrew Farkas & Richard Carrion

2014-02-2108:00meal

Breakfast w/Andrew Farkas & Richard Carrion

2014-04-0717:00appointment2 sources

Appt with Andrew Farkas

2014-04-0717:00appointment

Appt w/Andrew Farkas

View all 50 schedule entries →

This dossier on Andrew Farkas was compiled from court records, flight logs, and public documents. 100% free, ad-free, and independent.