Who Owns Fiji Water?

Fiji Water is a popular bottled water brand that is sourced from an artesian aquifer in Fiji. The company was founded in 1996 by David Gilmour, a Canadian businessman. In 2005, Fiji Water was acquired by Roll Global, a private equity firm. In 2020, Roll Global sold Fiji Water to The Wonderful Company, a privately held conglomerate owned by Stewart Resnick and Lynda Resnick.

Ownership Structure

• The Wonderful Company: 100%

The Wonderful Company

The Wonderful Company is a privately held conglomerate that was founded in 1986 by Stewart Resnick and Lynda Resnick. The company owns a diverse portfolio of businesses, including food, beverage, and agricultural operations. The Wonderful Company also owns Fiji Water, POM Wonderful, and Wonderful Pistachios.

Stewart Resnick

Stewart Resnick is an American businessman and philanthropist. He is the co-founder and co-owner of The Wonderful Company. Resnick is a graduate of the University of California, Berkeley. He began his career in the produce industry, and he later founded Fiji Water in 1996.

Lynda Resnick

Lynda Resnick is an American businesswoman and philanthropist. She is the co-founder and co-owner of The Wonderful Company. Resnick is a graduate of the University of California, Los Angeles. She began her career in the fashion industry, and she later joined her husband in the produce industry.

Fiji Water’s Popularity

Fiji Water is one of the most popular bottled water brands in the world. The water is known for its purity and taste. Fiji Water is also marketed as a luxury product, and it is often sold in high-end restaurants and hotels.

Environmental Concerns

There have been some environmental concerns raised about the production of Fiji Water. The company has been accused of over-pumping the aquifer from which the water is sourced. Fiji Water has also been criticized for its use of plastic bottles, which can end up in landfills and oceans.

Conclusion

Fiji Water is a popular bottled water brand that is owned by The Wonderful Company. The company has been criticized for its environmental practices, but it remains one of the most popular bottled water brands in the world.