Sandals Resorts is a private luxury resort company headquartered in Montego Bay, Jamaica. It is known for its high-end, all-inclusive vacation experiences across the Caribbean, specializing in adult-only resorts with gourmet dining, exceptional service, and luxury amenities. Sandals operates numerous locations in countries like Jamaica, the Bahamas, Saint Lucia, Barbados, and Grenada.
Founded in 1981 by Gordon “Butch” Stewart, Sandals Resorts has grown into the leading all-inclusive resort chain in the Caribbean. The company has expanded to offer luxury vacation experiences to adults, and it also operates Beaches Resorts for families. Sandals Resorts operates over 20 locations across several Caribbean islands. As of October 2025, it is led by Adam Stewart, who became the Executive Chairman following his father’s passing in January 2021.
Ownership Status of Sandals Resorts
Sandals Resorts is privately owned by the Stewart family. Following the death of its founder, Gordon Stewart, the company remains family-run with Adam Stewart leading the way. There is no single outside investor or entity controlling the company.
Major Shareholders
| Shareholder / Entity | Ownership Percentage | Notes |
|---|---|---|
| Stewart Family | 100% | Entire ownership remains with the Stewart family. |
Note: There are no institutional investors or public shareholders involved in the ownership of Sandals Resorts, as it is a family-run business.
About The Majority Owner Adam Stewart
Adam Stewart, the son of the late Gordon “Butch” Stewart, has been a key figure in the growth and leadership of Sandals Resorts International. Born in 1981, Adam joined the family business in 2001, quickly rising through the ranks. He served as the CEO of Sandals Resorts from 2006 to 2012, before being appointed Deputy Chairman in 2009.
Following his father’s passing in January 2021, Adam assumed the position of Executive Chairman of the company. Under his leadership, Sandals Resorts has continued to expand its footprint in the Caribbean, maintaining its reputation as a premier luxury resort chain. Adam Stewart’s leadership is marked by his commitment to innovation and family values, as well as navigating through family estate matters after his father’s death. His personal vision for Sandals and the legacy of his father continue to guide the company.
Adam Stewart Net Worth
As of 2025, Adam Stewart’s net worth is estimated to be around $1.2 billion. Much of his wealth stems from his leadership role in Sandals Resorts, which remains one of the most successful and well-known luxury resort brands in the Caribbean. The Stewart family’s ownership of Sandals Resorts International is a significant contributor to his wealth, with the company estimated to be worth between $6 billion and $7 billion.
In addition to Sandals, Adam Stewart also has investments in other business ventures through his family’s holding company, including real estate and media interests. Despite challenges surrounding the family estate following his father’s death, Adam Stewart’s position in the family business and the growing success of Sandals Resorts continue to solidify his status as a prominent businessman.
Key Shareholder Highlights
The ownership of Sandals Resorts is entirely controlled by the Stewart family. As of now, there are no notable external investors or shareholders involved.
Adam Stewart, who is currently the Executive Chairman, continues to steer the company through both growth and legal challenges, particularly following his father’s passing and the ongoing disputes over the family estate.
Recent Developments in Ownership
While the ownership of Sandals Resorts remains firmly with the Stewart family, the company has been undergoing internal transitions due to Gordon Stewart’s passing in 2021. Legal and estate matters have affected how the assets are distributed within the family, which may have long-term implications for the company’s governance and any potential external interests in the business.
There has been talk of a potential sale of the company in recent years, with reports suggesting that Sandals Resorts could be valued between $6 billion and $7 billion. These discussions are still in their early stages, and the outcome will likely depend on internal family decisions and external market factors.
FAQs
1. Who is the current owner of Sandals Resorts?
There is no external owner. Sandals Resorts is privately owned by the Stewart family, with Adam Stewart currently leading the company as the Executive Chairman.
2. Is Sandals Resorts publicly traded or privately owned?
Sandals Resorts is privately owned, and it is not publicly traded on any stock exchange.
3. Who founded Sandals Resorts?
Gordon “Butch” Stewart founded Sandals Resorts in 1981.
4. Has the ownership changed recently?
Ownership has remained within the Stewart family. However, following Gordon Stewart’s passing in 2021, there have been legal challenges regarding his estate, which could affect future ownership structures.
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