Billionaire Stephen Deckoff's SD Investments has purchased two islands in the U.S. Virgin Islands that were previously owned by the late sex criminal and human trafficker Jeffrey Epstein.
Deckoff's firm acquired the properties for $60 million and now plans to build a 25-room luxury resort aimed at boosting tourism in the area.
"I've been proud to call the U.S. Virgin Islands home for more than a decade and am tremendously pleased to be able to bring the area a world-class destination befitting its natural grace and beauty," Deckoff said in a statement.
A large portion of the proceeds from the sale will be paid to the government of the U.S. Virgin Islands as part of a settlement with Epstein's estate.
Paul Dergarabedian, Senior Media Analyst at Comscore shares the ups and downs that hit box offices in 2024, and how "Glicked" helped end the year back on top.
