Inside the Wonderful Empire: Assets, Mansions, and the Hidden Owners of Fiji Water
By Sarah Jenkins
Q1: Who is the true owner of Fiji Water?
A1: Fiji Water is entirely owned by Stewart and Lynda Resnick through their private holding entity, The Wonderful Company. It is not a publicly traded brand, nor is it owned by the Fijian government.
Q2: What other household brands do the owners operate?
A2: Under The Wonderful Company umbrella, the Resnicks own Wonderful Pistachios, Wonderful Almonds, POM Wonderful, Teleflora, Wonderful Halos mandarins, and several wineries including JUSTIN Vineyards and Lewis Cellars.
Q3: How much is the Resnick family worth?
A3: According to financial tracking indexes from Forbes and Bloomberg, Stewart and Lynda Resnick hold a combined net worth estimated between $10.5 billion and $12 billion, placing them among the wealthiest agricultural magnates in global history.
Q4: Why was there a tax dispute between Fiji Water and the Fijian government?
A4: In 2010, the Fijian government increased the extraction tax from one-third of a cent to 15 Fijian cents per liter on high-volume extractors. The Resnicks initially shut down local operations in protest, but conceded and paid the levy after the state threatened to transfer the bottling lease to another operator.
Sarah Jenkins is a veteran tech journalist with over 12 years of experience covering artificial intelligence, mobile innovations, and digital ethics. Her insights have appeared in leading technology publications worldwide.
