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Billionaire Investor Stephen Deckoff Buys Jeffrey Epstein’s Private Islands
Excerpt:
More than a year after they hit the market, Jeffrey Epstein’s infamous private islands in the Caribbean have sold. Billionaire Stephen Deckoff, who founded the private equity firm Black Diamond Capital Management, purchased the two islands for $60 million, a significant discount off the initial asking price of $125 million. Mr. Deckoff said he plans to develop a 25-room luxury resort on the islands. Mr. Deckoff said he never met Epstein or visited the islands prior to his death, which Epstein used in his sex trafficking of minors.