Ashley Olsen was spotted sharing an embrace with her new love, financier Richard Sachs, while beachside on a vacation in St. Barts on Friday.
The Olsen twin, 30, sported her signature oversized sunglasses with a black sleeveless dress. Meanwhile, her companion wore a white V-neck shirt and aviator-style shades.
Olsen and Sachs, 58, have been linked since October, when they were spotted sharing a very public kiss during a Brooklyn Nets game.
Olsen was last rumored to be spending time with then-59-year-old artist George Condo. The designer and artist lunched together in New York City in August, and a source told PEOPLE at the time that they “sat in one of the nice corner booths usually more ‘romantic’ for couples because it’s a cozy little spot.” The source added, “They were definitely close but not touchy feely.”
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As Olsen closes out the year on her tropical getaway, PEOPLE looked back at her incredible year with her identical twin Mary-Kate Olsen. Together, the duo accomplished everything from opening their new Elizabeth and James store in L.A. to a matching (and monochromatic!) appearance with their little sis Elizabeth Olsen at the CFDA fashion awards.