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What is Stephen Deckoff’s net worth? What we know about the new owner of Jeffrey Epstein’s islands

New details are emerging as to the man who purchased Jeffrey Epstein’s islands. Who is Stephan Deckoff and what is his net worth?

New details are emerging as to the man who purchased  Jeffrey Epstein’s islands. Who is Stephan Deckoff and what is his net worth?
Sylvain SonnetGetty Images

Co-founder of Black Diamond Capital Management, Stephen Deckoff, has purchased Jeffery Epstein’s two Caribbean islands: Great St James and Little St James in the US Virgin Islands. Black Diamond, named after Deckoff’s favorite hobby of skiing, employed 101 people in 2021, according to the firm’s SEC filings.

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What is Stephen Deckoff’s net worth?

The 57-year-old financier is worth around $3 billion, and he has used a portion of his fortune to purchase the pair of islands. The pair cost Deckoff a reportedly $60 million, showing that he was able to cut down the price tag of $125 million down significantly.

What does Deckoff plan to do with the islands?

Little St. James has been confirmed as one of the sites used by the sexual predator to traffic young girls to powerful leaders and celebrities. The use of the islands soured their appeal to many interested buyers, and Deckoff’s offer came after both had been on the market for over a year.

Deckoff has made clear that he had never been to the islands before purchasing them, and never met Epstein when he was alive.

A residents of the US Virgin Islands for over a decade, Deckoff plans to build a resort that will attract a greater number of tourists.