Billionaire Purchases Epstein’s Islands For $60 Million, Plans To Develop Them Into Luxurious Resort

Each of Jeffrey Epstein’s islands have been bought by billionaire Stephen Deckoff for $60 million, in line with Forbes.

Deckoff, founding father of Black Diamond Capital Administration, is reportedly planning to rework what was as soon as dubbed Epstein’s “pedophile island” right into a “25-room luxurious resort” within the Caribbean, Forbes reported.

Little St. James spans some 70 acres, whereas Nice St. James is as much as 160 acres. Each islands are near the vacationer haven St. Thomas. The tropical islands have been first put up on the market at a $125 million price ticket after Epstein’s loss of life. (RELATED: REPORT: Biden’s CIA Director Met With Jeffrey Epstein A number of Instances After Little one Intercourse Crimes Conviction, Docs Present)

Deckoff advised the outlet that he by no means met Epstein nor set foot on the island till after Epstein’s loss of life in 2019. (RELATED: Former Obama Officers Reportedly Met With Jeffrey Epstein On A number of Events, Unearthed Docs Reveal)

“I’ve been proud to name the U.S. Virgin Islands dwelling for greater than a decade and am tremendously happy to have the ability to convey the realm a world-class vacation spot benefitting its pure grace and sweetness,” Deckoff mentioned. “I very a lot sit up for working with the U.S. Virgin Islands to make this dream a actuality.”

Deckoff is already trying to find architects and engineers to develop the resort, which he hopes to open in two years, the outlet famous. Little St. James already has a helipad, quite a few swimming pools and a number of other visitor villas, in line with the outlet. Nice St. James is, nonetheless, “largely undeveloped.” Again in 1998, Epstein purchased the smaller island for $8 million and went on to buy the bigger one 18 years later for $22.5 million. (RELATED: REPORT: Epstein, Prince Andrew Accuser Indicators Multi-Million Greenback Memoir Deal)

When the 66-year-old intercourse offender died in 2019, his total property was estimated at $600 million, in line with The New York Instances. Some key property that made up the property have been his NYC mansion, a personal jet, an condo in Paris and his New Mexico ranch.