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Ryan Knudson

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
2865 total appearances

Appearances Over Time

Podcast Appearances

The Journal.
How Jeffrey Epstein Made Millions From His Connections

That year, the Swiss drugmaker Roche bought just over half of Foundation Medicine's shares for $50 each.

The Journal.
How Jeffrey Epstein Made Millions From His Connections

And a couple years after that, Roche bought out the company's remaining stock for $137 a share.

The Journal.
How Jeffrey Epstein Made Millions From His Connections

It's not clear how much money Epstein made, or if he made any money at all, off the foundation medicine investment, because we don't know how long Epstein held onto his stock.

The Journal.
How Jeffrey Epstein Made Millions From His Connections

It's possible he sold it before the final Roche buyout.

The Journal.
How Jeffrey Epstein Made Millions From His Connections

According to Emily's reporting, Nikolic shared information with Epstein or his staff about at least three other private companies, including documents marked confidential, like board meeting minutes, resolutions, and company balance sheet information.

The Journal.
How Jeffrey Epstein Made Millions From His Connections

Nikolic said in a statement to the journal that, quote, he did not share material non-public information, and that what he passed along to Epstein was either public information or private information that he was authorized to share.

The Journal.
How Jeffrey Epstein Made Millions From His Connections

He added, quote, if Epstein invested, he did so on the public markets when anybody could invest.

The Journal.
How Jeffrey Epstein Made Millions From His Connections

It's not clear why Nikolic shared this information with Epstein.

The Journal.
How Jeffrey Epstein Made Millions From His Connections

But it is clear that the two men were tied up in more matters than just sharing investment ideas.

The Journal.
How Jeffrey Epstein Made Millions From His Connections

In fact, during that same time, Nikolic was in the process of leaving Bill Gates' private office.

The Journal.
How Jeffrey Epstein Made Millions From His Connections

And Epstein inserted himself into the negotiations.

The Journal.
How Jeffrey Epstein Made Millions From His Connections

In a recent town hall at the Gates Foundation, Bill Gates acknowledged that he had two affairs with Russian women that Epstein later discovered, but he said they didn't involve Epstein's victims.

The Journal.
How Jeffrey Epstein Made Millions From His Connections

Nikolic said he was authorized to provide some confidential information to Epstein while his exit from Gates' private office was being negotiated.

The Journal.
How Jeffrey Epstein Made Millions From His Connections

Nikolic said he didn't know he'd been named a backup executor in Epstein's will.

The Journal.
How Jeffrey Epstein Made Millions From His Connections

A spokesperson for Gates didn't respond to requests for comment about the information sharings.

The Journal.
How Jeffrey Epstein Made Millions From His Connections

The Gates spokesperson has said that when it comes to the negotiations over Nikolic's separation, quote, Gates has said he regrets his association with Epstein and wasn't aware of his crimes.

The Journal.
How Jeffrey Epstein Made Millions From His Connections

There are other examples in the Epstein files of people sharing confidential information.

The Journal.
How Jeffrey Epstein Made Millions From His Connections

One involved his longtime client, Leon Black.

The Journal.
How Jeffrey Epstein Made Millions From His Connections

In 2015, Black was Apollo Global Management's CEO, and Epstein was advising Black on tax and estate planning.

The Journal.
How Jeffrey Epstein Made Millions From His Connections

Emails released in the Epstein files show a conversation between Epstein and the CFO of Leon Black's family office about Apollo's finances.