Who is the Owner of Erewhon?

Erewhon Market (often shortened to Erewhon) is a privately held, upscale health-food grocery chain based in Los Angeles, California. The brand is known for premium organic foods, ready-to-eat prepared items, celebrity clientele, tonic and juice bars, and a highly curated store experience. Erewhon traces its roots to a macrobiotic health-food shop founded in Boston in 1966 and today operates multiple locations across Los Angeles County.

Founded in 1966 by Michio and Aveline Kushi, the original small health-food shop later moved and evolved in Los Angeles; the modern Erewhon grocery chain as most know it today was reimagined and expanded after being acquired by the Antoci family in 2011.


Ownership Status of Erewhon

Erewhon is privately owned. The primary owners are Tony (Anthony) Antoci and Josephine Antoci, who bought the Fairfax store and then developed Erewhon into the premium grocery chain it is today. In addition to the Antocis’ majority control and operating role, Erewhon took on outside growth capital when New-York-based growth equity firm Stripes Group purchased a substantial minority stake in 2019. The exact ownership percentages have not been publicly disclosed.

Shareholder / EntityOwnership PercentageNotes
Tony & Josephine AntociNot publicly disclosedFounders of the modern Erewhon brand; run the company as CEO/President and senior leadership.
Stripes Group (growth equity)Not publicly disclosedPurchased a substantial minority stake in 2019 to help fund expansion.
Other investors / employeesNot publicly disclosedAny other stakes are not publicly reported.

Note: Because Erewhon is privately held, regulators do not require the company to publish a full cap table. Public filings with exact percentages (like SEC 13 filings) do not apply in the same way as they do for publicly traded companies, so outside observers rely on press reports and company statements.

Tony & Josephine Antoci Net Worth

Tony & Josephine Antoci, Owner of Erewhon
Tony & Josephine Antoci, Owner of Erewhon

Because Erewhon is a privately owned company, Tony Antoci and Josephine Antoci do not publicly disclose their personal wealth, and there are no official filings that state an exact net worth figure. However, based on Erewhon’s rapid expansion, premium positioning, reported revenue growth, and the company’s multi-billion–dollar brand buzz in Los Angeles, industry observers and business publications estimate the combined net worth of Tony and Josephine Antoci to be in the range of tens of millions of dollars. Their wealth is largely tied to their majority ownership stake in Erewhon, along with real estate assets and long-term equity value rather than liquid cash. Since Erewhon has never gone public and exact ownership percentages are not disclosed, any net worth figures should be viewed as informed estimates rather than confirmed numbers, and their actual wealth may fluctuate with the company’s private valuation and expansion plans.


Key Shareholder Highlights

  • Tony & Josephine Antoci — the Antocis bought the Fairfax location in 2011 and led Erewhon’s transformation into an aspirational, lifestyle-oriented grocery brand. Tony Antoci serves as CEO; Josephine Antoci is President. Their leadership has driven store design, product curation, and the high-end positioning that made Erewhon a cultural phenomenon in L.A.
  • Stripes Group (minority investor) — Stripes provided growth capital beginning in 2019, enabling faster expansion and operational scale-up. Coverage characterizes Stripes’ position as a meaningful minority stake rather than a controlling ownership interest.
  • Employee / Local history — Erewhon’s brand history includes earlier owners (for example, Tom DeSilva bought the business out of bankruptcy in 1979), but the Antocis are the modern owners associated with expansion and celebrity visibility.

Recent Developments in Ownership & Company Activity

  • Expansion (“Erewhon 2.0”) — Erewhon announced an aggressive growth phase with multiple new Southern California locations planned in 2025 (including Manhattan Beach, West Hollywood, and Glendale). These openings reflect the Antocis’ continued control and the company’s growth strategy supported by prior private equity backing.
  • B Corporation Certification — Erewhon became a certified B Corporation in 2021, signaling a formal commitment to certain environmental and social standards as it scales.
  • Private financial details remain private — There have been press reports about property purchases and personal real-estate moves by the Antocis (for example, high-value home sales), but those are personal finances and do not change the fact that company ownership remains private and closely held.

FAQs

1. Who is the current owner of Erewhon?
The primary owners are Tony (Anthony) Antoci (CEO) and Josephine Antoci (President). They bought and rebuilt the brand beginning in 2011 and remain the company’s leaders.

2. Is Erewhon publicly traded or privately owned?
Erewhon is privately owned. It is not listed on any public stock exchange.

3. Who founded Erewhon?
The original Erewhon (a macrobiotic/health-food store) was founded in Boston in 1966 by Michio and Aveline Kushi. The modern Los Angeles–based Erewhon chain was developed after later owners and the Antocis reimagined the brand.

4. Has ownership changed recently?
No single headline sale or change of control has been reported recently. The notable outside change was Stripes Group buying a substantial minority stake in 2019; the Antocis have remained the company’s on-the-ground owners and operators. Exact ownership percentages have not been disclosed publicly.

5. Where can I find official information about Erewhon?
The company’s official site and press pages provide current store lists, leadership bios, and corporate statements; for deeper business coverage consult reputable news outlets that have profiled the brand.

Erewhon Official Site

Erewhon is a privately held, founder-led (modern-era founders) luxury grocery chain strongly associated with Tony and Josephine Antoci. While outside growth capital from Stripes Group helped accelerate expansion beginning in 2019, the Antocis remain the driving owners and executives. Because the business is private, the precise ownership stakes are not publicly reported — press coverage and company statements are the best sources for changes to ownership or control.


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