Tycoon Desmond sets out luxury development plans for Caribbean island

The billionaire mogul has dismissed reports of a rift with his business partner over a scheme to establish a high-end resort on Canouan, the St Vincent and Grenadines island

Efforts have been made to turn Canouan into an exclusive destination for yacht-owners and the super-rich for almost three decades

Dermot Desmond believes his plans to develop an ultra-luxe resort for the yacht set on a small Caribbean island “is the one that people are going to thank me for”, according to a recent interview in a magazine for the super wealthy.

The Irish billionaire detailed his ambitions on the island of Canouan, which is part of St Vincent and the Grenadines, and dismissed any suggestion of discord with his development partners when speaking to ...