Jeffrey Epstein’s former private island, Little St. James in the U.S. Virgin Islands, is now owned by billionaire investor Stephen Deckoff.
Current owner
Multiple reports indicate that in May 2023, Stephen Deckoff, founder of the private equity firm Black Diamond Capital Management, purchased both Little St. James (“Epstein Island”) and the nearby Great St. James for a total of about 60 million dollars. The purchase was made from Epstein’s estate after the islands had been listed for sale to help fund settlements with victims and other creditors.
What he plans to do
Deckoff has publicly stated plans to redevelop the islands into a small, high‑end or five‑star resort, aiming to convert the properties’ image from their association with Epstein’s crimes to a luxury tourism destination. Reports note that the resort concept includes a limited number of rooms and upgraded facilities, with opening targeted around the mid‑2020s.
