Ashley Olsen and Richard Sachs took a major step in their relationship when the recently enjoyed a holiday getaway together.

Months after rumors first began swirling in regard to their potential romance, Olsen and Sachs were spotted enjoying a much warmer climate in St. Barths than they are used to in New York City.

"The Olson twin had let her blonde hair fly free and had popped on a pair of green aviator sunglasses, as well as a long, elaborate pendant," the Daily Mail revealed to readers on Thursday. "Meanwhile, the financier had slicked his hair back, matching black butterfly sunglasses with a basic black T-shirt."

In October, Page Six reported that Olsen had a new “very rich, ancient man” on her arm during a visit to Flywheel Flatiron.

“They sat in the front row of the spin class and rode on bikes next to each other. They were ­affectionate after the class, despite being sweaty. She covered up in a big jacket and huge black sunglasses. They were canoodling and cuddly when they left holding hands. He looked like he could be twice her age. There’s no way that’s his natural hair color,” a spy told us of his manly black mane of hair.

Around the same time, Olsen and Sachs were seen together in The Hamptons.

“He has a lot of money from working in ­finance. He’s a great guy who owns a lot of art. I believe he’s in his late 50s. He’s always at the art parties,” a source told Page Six, adding that Sachs is a “really good guy. His passion at this point in his life is supporting young artists. He is very private and a little eccentric.”

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Ashley Olsen