Stephen Deckoff owns Jeffrey Epstein's islands today.
These properties—Little St. James and Great St. James—were sold in 2023 after Epstein's death, marking a shift from their dark past to redevelopment plans.

Ownership History

Jeffrey Epstein bought Little St. James in 1998 for $7.95 million through L.S.J. LLC, later adding Great St. James. The islands, off St. Thomas in the U.S. Virgin Islands, gained infamy due to allegations of abuse there. Following Epstein's 2019 death and estate settlements, they hit the market in 2022 at $125 million, later dropping before the sale.

Current Owner Details

Billionaire Stephen Deckoff, founder of Black Diamond Capital Management, purchased both islands for $60 million in May 2023—less than half the original ask. He plans a five-star luxury resort with 25 rooms, targeting a 2025 opening to rebrand the sites. Half the Little St. James proceeds funded victim support via a U.S. Virgin Islands trust.

Recent Developments

As of late 2025, newly revealed photos highlight the islands' features like villas, pools, and a helipad, fueling online buzz. Deckoff's firm, SD Investments, drives the resort vision amid ongoing Epstein file discussions. No major ownership changes reported since the sale.

Key Facts

  • Little St. James : 72 acres, main compound, guest villas, beaches, gym.
  • Great St. James : 165 acres, mostly undeveloped pre-sale.
  • Legal Context : Sale followed Ghislaine Maxwell's sentencing; U.S. Virgin Islands got settlement funds.

TL;DR : Stephen Deckoff bought Epstein's islands in 2023 for $60M, planning a resort—latest from public reports as of 2025.

Information gathered from public forums or data available on the internet and portrayed here.