Andrew Farkas
Billionaire real estate investor; co-owned USVI marina with Epstein; ~2,000 emails over a decade; prison visitor
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.
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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.
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.
documentedFarkas gave Epstein approximately $200,000 per year in discounts on the marina deal and received a $2 million fee from Epstein per subpoenaed documents.
allegedFarkas and Epstein jointly applied for special USVI tax treatment that, per a JPMorgan lawsuit, saved Epstein over $300 million.
allegedFarkas visited Epstein regularly during his 13-month Florida jail sentence following Epstein's 2008 sex crimes conviction.
documentedNearly 2,000 emails were exchanged between Farkas and Epstein over the course of a decade-long relationship.
documentedEpstein 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.
documentedFarkas 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.
documentedFarkas'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.
documentedLegal Status
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.”
“”
Contradictions(2)
Through spokesperson Julie Wood, Farkas characterized his relationship with Epstein as 'entirely business.'
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.
Farkas stated he 'regrets their association and condemns Epstein's crimes.'
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 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 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)
Andrew Farkas born in New York City, grandson of Alexander's department store founder George Farkas.
Graduated from Harvard University.
Founded Insignia Financial Group, which grew into the world's largest commercial real estate services firm.
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.
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.
Epstein's hidden ownership stake in the American Yacht Harbor marina was revealed through a deposition.
Epstein's estate sold its IGY Marinas stake.
Farkas sold IGY Marinas for $480 million.
Farkas named in the release of approximately 3 million additional Epstein file pages.
At a Glance
Click values for sourcesSources
1 source for black book status
Epstein's Black Book
“Listed with 4 phone numbers in the contact directory seized by authorities”
Activity Timeline
External Cross-Check
Search ICIJ Offshore Leaks, OFAC Sanctions, SEC EDGAR, and Federal Courts
Black Book Entry
Document Mentions
Email Mentions (7)
Re: $25K from ASU
i can have andrew farkas , he gave a building to the hasty pudding harvard. fund plant guys. how are you ?
Re: Larry Summers
my friend andrew farkas has a pretty full plane to ny tomorrwo but can take 1 or 2 of you. i can call other hotels wher we have pull.. my cars and d
Re: Larry Summers
. andrew farkas is flying tomorrow. please contact him directly and as soon as you are ready i will organize the use of my car.
Re: $25K from ASU
I can have andrew farkas , he gave a building to the hasty pudding harvard. fund plant guys. how are you ?
Re: $25K from ASU
I can have andrew farkas , he gave a building to the hasty pudding harvard. fund plant guys. how are you ?
Re: $25K from ASU
i can have andrew farkas , he gave a building to the hasty pudding harvard. fund plant guys. how are you ?
Re: Larry Summers
andrew farkas is flying tomorrow. please contact him directly and as soon as you are ready i will organize the use of my car.
Schedule (50)
2010-11-30 to 2019-01-10 · 25 entries verified across multiple documents
Breakfast with Prince Andrew and Andrew Farkas
Lunch with Seth Lloyd and Andrew Farkas
Breakfast w/Andrew Farkas
Breakfast with Andrew Farkas
Meeting with Andrew Farkas, Cecile & John
Appointment with Andrew Farkas
Appt w/Andrew Farkas
Appointment with Andrew Farkas
Breakfast w/Andrew Farkas
Breakfast with Andrew Farkas
Appt w/Andrew Farkas
Appointment with Andrew Farkas
JE to Call Andrew Farkas
Andrew Farkas to join the Barak meeting, he will excuse himself at 3:15pm to make a call
Appointment with Andrew Farkas
Appt w/Andrew Farkas
Breakfast with Andrew Farkas & Richard Carrion
Breakfast w/Andrew Farkas & Richard Carrion
Appt with Andrew Farkas
Appt w/Andrew Farkas
This dossier on Andrew Farkas was compiled from court records, flight logs, and public documents. 100% free, ad-free, and independent.