Bob Weinstein personally paid £250,000 to settle two employees’ sexual misconduct claims against his brother, Harvey Weinstein, during their time at Miramax nearly two decades ago, according to a new report by Ronan Farrow in The New Yorker.
Bob Weinstein used his personal bank account to settle claims by two employees in Miramax’s London office who accused the elder Weinstein brother of sexual harassment and assault, the magazine wrote.
The amount would equal about $600,000 today — or $400,000 at the time, according to 1998 exchange rates.
The use of Bob Weinstein’s personal account helped hide the payment from executives at Miramax and its then-parent company Disney, the New Yorker suggested.