BUTCH STEWART (1941-2021) • Net Worth $1 Billion • House • Yacht • Private Jet

Name:Gordon Butch Stewart
Net Worth:$1 billion
Source of Wealth:Sandals Resort
Born:July 6, 1941
Age:
Died:January 4, 2021
Country:Jamaica
Wife:Jill Stewart
Children:Adam Stewart, Brian Jardim, Jamie Stewart-McConnell, Jonathan Stewart
Residence:Montego Bay
Private Jet:(N450JS) Gulfstream G450
Yacht:LADY SANDALS


Gordon Butch Stewart: The Visionary Behind Jamaica’s Sandals Resorts

The luxury resort industry owes a great deal to the visionaries who redefine luxury and hospitality, and among them, Gordon Butch Stewart stands tall. Known as the founder of Sandals Resort, Stewart was born on July 6, 1941, in Jamaica and passed away on January 4, 2021. He and his wife, Jill Stewart, shared a family of eight children.

Key Takeaways:

  • Gordon ‘Butch’ Stewart was the founder of Sandals Resorts and was born on July 6, 1941, in Jamaica.
  • He started his business journey by selling fish to local hotels, eventually moving into the air conditioning trade before buying his first hotel.
  • Sandals Resorts, an operator of all-inclusive resorts, was founded in 1981 and now has 16 resorts in the Caribbean and employs over 10,000 people.
  • Butch Stewart’s son, Adam Stewart, is the current chairman of Sandals Resorts International (SRI).
  • Butch Stewart’s estimated net worth was $1 billion.
  • He was owner of the Lady Sandals yacht, which is still owned by his family.

Butch Stewart’s Humble Beginnings

Butch Stewart’s story is one of determination and vision. His business acumen shone early as he started selling fish to local hotels while fishing from a homemade canoe. This entrepreneurial spirit would guide his venture into trade and importing air conditioning systems into Jamaica, generating his first significant income. The profits from this venture paved the way for him to buy his first hotel, marking the inception of what would become a hotel empire.

Sandals Resorts: An Icon in All-Inclusive Luxury

Sandals Resorts, a pioneer in operating all-inclusive resorts, began its journey in Jamaica in 1981. The first two properties, Sandals Montego Bay and Sandals Carlisle, set the foundation for the brand. Today, the group boasts 16 resorts in the Caribbean and employs more than 10,000 people.

In addition to Sandals, Butch Stewart also founded Beaches Resorts, a brand that operates three resorts and has been repeatedly awarded the title of World’s Leading Family Resort Brand.

Butch Stewart’s Son and Successor: Adam Stewart

The legacy of Butch Stewart continues under the leadership of his son, Adam Stewart, who now serves as the chairman of Sandals Resorts International (SRI).

Stewart’s Influence Extends to Media

Aside from his contributions to the luxury resort industry, Butch Stewart also founded the Jamaica Observer newspaper, solidifying its place as the fourth national newspaper of Jamaica.

Net Worth of Butch Stewart

Reflecting his successful business ventures and influence in the luxury resort and media industries, Butch Stewart’s net worth was estimated to be $1 billion.

Sources

https://en.wikipedia.org/wiki/ButchStewart

https://www.sandals.com/

https://en.wikipedia.org/wiki/Jamaica_Observer

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Gordon Butch Stewart


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Gordon Butch Stewart Yacht


He is the owner of the Feadship yacht LADY SANDALS. The yacht was built as Gallant Lady for Jim Moran.

The LADY SANDALS yacht was built by Feadship, a leading luxury yacht manufacturer, and designed by De Voogt Naval Architects in 1985.

The yacht can reach a top speed of 16 knots, with a comfortable cruising speed of 12 knots, and a range of over 3,000 nautical miles.

The luxurious interiors of the yacht can house up to 8 guests and a crew of 6.

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