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 state that in May 2023, Stephen Deckoff, founder of the investment firm Black Diamond Capital Management, purchased both Little St. James (“Epstein’s island”) and the neighboring Great St. James for about 60 million dollars through an entity called SD Investments. These islands had previously been owned by Epstein via a company called L.S.J. LLC before being sold by his estate after his death.

Plans for the island

Deckoff has publicly said he intends to redevelop the islands into a small, high‑end resort, with plans described as a 25‑room or similarly sized luxury hotel. Reports note that he has emphasized having no prior relationship with Epstein and has framed the project as an effort to create a new, legitimate use for the property.