American Yacht Harbor

American Yacht Harbor in Red Hook, St. Thomas, is filled with boats during the USVI Open/Atlantic Blue Marlin Tournament.Sex offender Jeffrey Epstein owns 100% of Southern Trust Company, Inc. and 50% of IGY-AYH St. Thomas Holdings LLC, which does business as American Yacht Harbor, according to the V.I. Economic Development Authority.

Sex offender Jeffrey Epstein owns half of American Yacht Harbor, one of two companies Epstein has ownership interest in that are currently receiving massive tax breaks from the Virgin Islands government, according to information provided by the V.I. Economic Development Authority.

A multimillionaire financier, Epstein’s ownership of the Southern Trust Company, Inc. has long been known. But his 50% ownership of the second EDA beneficiary — American Yacht Harbor, a marina and shopping center in Red Hook on St. Thomas — will likely come as a surprise to many Virgin Islanders.

- Contact Suzanne Carlson at 340-714-9122 or email scarlson@dailynews.vi.