An efficient metal‐free oxidative esterification of benzylCHbonds was developed. Using tetrabutylammonium iodide as catalyst and tert‐butyl hydroperoxide as co‐oxidant, benzylic substrates could react smoothly with various carboxylic acids to give the esters with good to excellent yields. The method was also suitable for the O‐protection of N‐Boc amino acids. The reaction mechanism was primarily