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Why These Three Caribbean Islands Will Be the Next Billionaires’ Playgrounds

St. Kitts, Canouan, and Grenada are becoming the regions high-rolling heavyweights.

Move over, Mustique. Bye-bye, Bahamas. The following three islands are the new hot spots for the jet-setting and superyachting Caribbean crowd—mega-marinas, plush hotels, and secluded beachfront villas obviously included.

St. Kitts

The recent buzz around St. Kitts may seem like an overnight sensation, but it has actually been a decade-long obsession for Charles “Buddy” Darby III. The developer and superyacht fanatic first docked at the West Indies island in 2008 on his 154-foot S/Y Andromeda La Dea, and ever since he’s been feverishly masterminding Christophe Harbour, the 2,500-acre village that is turning this once lazy isle into the Caribbean’s next big yachting destination. The marina’s 24 berths can accommodate superyachts up
 to 300 feet long, while on land the development is home to a collection of multimillion-dollar homes and sites that stretch across six beaches. There’s also high-end shopping and dining
 and a Park Hyatt resort with a Miraval spa. And so far, it looks like Darby’s big dream is catching on: Yachting traffic to the island has increased every year for the last five years, and some of the world’s most impressive floating castles—including American billionaire Leslie Wexner’s 316-foot M/Y Limitless and Darby’s newest water toy, a custom-built Perini Navi called Andromeda Dea—have already been spotted on the budding St. Kitts scene.

The Caribbean's New Billionaires' Playgrounds

Suite at Park Hyatt St. Kitts  Photo: Courtesy of Park Hyatt St. Kitts



It wasn’t long ago that this tiny island in the Grenadines archipelago was best known for its Trump Monte Carlo casino—bright lights, hot slots, and all. But a much-needed scrubdown, followed by a decade of careful rebuilding and rebranding, has removed nearly every trace of Canouan’s less-than-sophisticated past. The five-square-mile island
 now has a new 5,900-foot private-jet runway (long enough for a Boeing 737), a 120-slip marina (including 24 superyacht berths), and, launched in June, the Mandarin Oriental, Canouan, featuring an exclusive collection of villas and suites that commands some of the highest nightly rates in all of the Caribbean. Altogether, the reinvention is being touted
 as the makings of the next Mustique. Still, there is one place where you can catch a glimpse of the old Canouan: The island’s Jim Fazio–designed golf course—formerly of the Trump International Golf Club—is still the Grenadines’ best place for a round in paradise.

The Caribbean's New Billionaires' Playgrounds

Mandarin Oriental, Canouan  Photo: Courtesy of Mandarin Oriental


Seasoned sailors know the island of Grenada well. Set on the southern end of the Caribbean cluster, just northeast of Venezuela, the well-positioned island has long held an allure for yacht owners, despite (or perhaps because of) its lack of upscale options on land. As of this month, however, there’s finally a reason 
to disembark—and maybe even set down roots: Silversands Grenada, the island’s first true luxury resort, opened December 1 with 43 suites on the edge of Grand Anse Beach. The creation of Egyptian billionaire Naguib Sawiris—who makes his own regular pilgrimages to 
the island via his superyacht Yalla—the property is sleek and sexy with just the right amount of excess, including a palm-tree-lined swimming pool as long 
as a football field, a beach club, and a rum bar with a stash of rare Cubans. What makes it a true billionaire’s oasis, though, are its nine residences (priced from $5.7 million to $11 million), each with multiple private swimming pools and ample space for entertaining.

Silversands Grenada Luxury Resort

Silversands Grenada  Photo: Courtesy of Silversands Grenada

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