Last year, the couples political and charitable donations topped $48 million. In the plants nut-grading room, a few dozen seasonal employees wearing orange reflective vests and hairnets sat around folding tables evaluating samples from incoming truckloads of pistachios. The work is extraordinary, and rooted in a genuine desire to make a difference in peoples lives, says media mogul Arianna Huffington. Stewart and Lynda Resnick have given big money to Democrats for years. I did one naughty thing, she told me. Come at the right time of year and you'll see the almond trees blossoming, covering the valley in a blanket of light pink petals. 608 Mountain Drive. Sucking water from deep underground has caused the surrounding land to settle as the pockets of air between layers of soil collapse, wreaking havoc with bridges and even gravity-fed canals. Half the jobs are highly skilled jobs, said Andy Anzaldo, the general manager of grower relations. The NASCAR Hall of Fame driver and team owner got a taste of the NHRA last year when he raced a Top Alcohol dragster and finished second in what was to be a one-off appearance. Once an abundant food source for Northern Californias dwindling salmon population, the Delta smelt has been nearly eradicated by those enormous pumps capturing the flow of water from the Sierras. Though wealthy enough to afford two Rolls-Royces and a 90210 zip code, he refused to pay for Lynda to attend art school, so she found work in a dress shop, where she tried her hand at creating ads for the store. Billionaire couple Stewart and Lynda Resnick's charitable foundation has pursued an unusual investment strategy: lending millions of dollars to the pair's business associates. We leverage our capabilities by utilizing in-house legal, finance, and capital projects resources of The Wonderful Company, resulting in a streamlined underwriting . Stewart Resnick's wealth is estimated at $890m (513m) and the couple's assets include not just the Franklin Mint - once the world's largest collectables firm - but Fiji Water, Teleflora . And now that people have to cut back on their water, all of a sudden it has become important.. We noticed you have an ad blocker on. 2023 Forbes Media LLC. If winter storms replenish the Kern Water Bank this year, they could again find themselves with a bumper crop of H2O. Stewart capitalized on his wifes marketing prowess. Resnick Stewart A Co Tr owns this real estate property. Fisher Center, Stewart and Lynda Resnick Theater Studio Fisher Center, Stewart and Lynda Resnick Theater Studio. Design on the Resnick Center is expected to begin in 2022, with construction slated for completion by 2026. Being invited to a dinner party by Lynda Resnick is like being nominated for an Oscar, only more impressive, local publicist Michael Levine told the Los Angeles Business Journal. Phone:310-825-9111. [41] The same year they also announced plans to bring a charter school, Paramount Bard Academy, to the Central Valley. [45], Resnick and The Wonderful Company have made significant improvements to the communities that dot California's Central Valley since 2010, especially in the city of Lost Hills, where half of the homes have at least one family member working at The Wonderful Company. These last four years with this drought, nobody was looking until it affected them. To expand their agricultural empire, they had to find another way to tap into the flow from north to south. Save big on a full year of investigations, ideas, and insights. [31] Company executives credit Resnick with the choice to retain Roll Global's mandarin operations in 2013 despite strong competition from existing brands, and as the key architect of Halos branding. Today, Stewart Resnick is the world's largest irrigated farmer. Patients and visitors to Ronald Reagan UCLA Medical Center, Resnick Neuropsychiatric Hospital at UCLA and UCLA Mattel Children's Hospital have valet parking services available on Westwood Plaza. Date of Birth: 1944 (79 years old) Place of Birth: Baltimore. They live in Beverly Hills and have a home in Aspen, Colorado. Her first marriage to publisher Hershel Sinay ended in divorce in 1969. Lynda Rae Resnick (born 1943) is an American billionaire businesswoman. Here are seven things your probably didn't know about her. Oct. 17, 2022 1:11 PM PT. Beverly Hills billionaires Stewart and Lynda Resnick, owners of agribusiness giant Paramount Farms Inc., FIJI Water, Justin Winery, and other high-profile business entities, bought the Hardham . It was only later that Tijerina realized the woman owned the almond groves where Tijerinas husband worked as a pruner. Los Angeles, CA 90095 [63], "These Are America's Richest Self-Made Jewish Women", Los Angeles Times: "Muriel Harris Obituary", "Billionaires Behind Pom Wonderful, Fiji Water Rename Company", "Pomegranate Juice Uncorked in Major Marketing Success", "Private investors buy the Franklin Mint", "Roll International Corporation Acquires FIJI Water LLC", "Environmental Stewardship for FIJI Water", "FIJI Water Becomes First Bottled Water Company to Release Carbon Footprint of Its Products", "U.S.: Wonderful Company sees sky-high growth as strategy pays off", "Wonderful Pistachios - Healthy Snackin - Get Crackin", "What the Fastest-Growing CPG Companies Do Differently", "Inspired by Musical Films, the Fall 2019 Rodarte Show Draws a Starry Crowd", "How The Wonderful Company Created a Wine Brand for Millennial Ros Lovers in Under a Year", "Philadelphia Museum of Art - About Us: Administration", "Couple to give $45 million for new LACMA pavilion", "Paramount Farms Donates $4 Million to Children's Hospital Central California", "Paramount Agricultural Companies Open One of the Country's First Environmentally", "Delano caught in tug-of-war over charter school", "Resnicks Give $20 Million to Caltech Sustainability Center", "Hammer Museum receives $50 million in gifts for expansion - Los Angeles Times", "The Wonderful Company co-owners donate $750 million to Caltech for environmental research", "Lost Hills Found: A Poor, Farm Community Is Getting Assistance From Agriculture's Power Couple", "Delano charter school teaches healthy eating habits from the ground up", "POM Wonderful will raise its minimum wage to $15 years before California law demands it", "Philanthropy program gives Wonderful workers a voice in donations", "The Wonderful Company gives Community Food Bank its biggest donation ever", "Wonderful Company recognized for Lost Hills development", "It Takes How Much Water to Grow an Almond?! Led by Noemi Donoso, the former chief executive of Chicagos public school system, Wonderful Education last year spent $9.3 million, including at least $2 million on teacher grants and college scholarships in the Central Valley; it pays up to $6,000 a year toward college tuition for children of its employees. She's been married four times. Lynda expanded into jewelry, dolls, and precision model cars. [4] After a brief stint at a local college, Resnick took a job at the in-house ad agency for Sunset House catalog. Like Rafaela Tijerina did. The Resnicks purchased and tore down three adjacent houses to make room for a 22-space parking lot and half an acre of lawn. Few farmers are more at risk from the cutbacks than the Resnicks, whose 140 square miles of orchards use about 117 billion gallons of water a year, despite employing cutting-edge conservation technologies. LEED-certified, state-of-the-art hub" and will "house classrooms, research and lab spaces, and student career . Stewart & Lynda Resnick Net worth: $3.5 billion #134 on Forbes 400. Lynda Resnick is vice-chairman and co-owner of The Wonderful Company, along with her husband, Stewart Resnick, who serves as chairman. According to Forbes, Wonderful Company uses "at least 120 billion gallons [450millionm3] a year, two-thirds on nuts, enough to supply San Francisco's 852,000 residents for a decade. The Resnicks are the worlds biggest producers of pistachios and almonds, and they also hold vast groves of lemons, grapefruit, and navel oranges. Copyright 2023 Mother Jones and the Foundation for National Progress. [7] Resnick founded an advertising agency, Lynda Limited, at the age of 19. Despite expert warnings, crumbling water infrastructure has not been fixedAqueducts fail. [26] In response to bad publicity regarding the Fiji brand and bottled water in general[27] Resnick introduced a promotional campaign touting an environmental policy and plans for a reduced carbon footprint through a series of press releases. When he needed some advertising work, a friend recommended Lyndas agency. Sometimes, though, Resnicks Pom claims went too far. She was struggling to keep things afloat. The couple were the subject of ridicule in the national press. Children Pool, Playground, Kids Club. Every year, Forbes compiles a list of the 400 wealthiest Americans. Assumed or forgotten is that some 8.7 trillion gallons of water will flow each day into the massive Sacramento-San Joaquin River Delta, and that 20 percent of it will get sucked by huge pumps into two giant, concrete-lined canal systems and sent hundreds of miles to Southern Californias cities and farms. The Central Valley is in some respects the ideal place to grow fruit and nut trees, with its Mediterranean combination of cool winters and hot summers perfectly promoting flowering, fruit setting, and ripening. [8], Resnick, then Lynda Sinay, began doing occasional work for the antiwar movement during the Vietnam War era. Lynda and Stewart Resnick's House (Google Maps). Schedule an appointment. An earthquake strikes a vulnerable placethe heart of Californias water distribution system, cautions the groups television ad. Stewart and Lynda Resnick, who pretty much own the water and land rights in the Central Valley of California have contributed $125,000 each to the Stop the Republican Recall campaign. On Thursday, Lynda and Stewart Resnick, co-owners of The Wonderful Company, announced a $750 million pledge, comprised of a $400 million gift and a $350 million sponsored research agreement, to . In 2014, a judge ruled that the Department of Water Resources had turned the water bank over to the farmers without properly analyzing environmental impacts. While a $20 million pricetag attached to a Beverly Hills property is a fairly common sighting, it's rare to find one affixed to a tastefully renovated midcentury modern located in the most prime neighborhood pocket of town, where some of the nearest neighbors include heavyweights like Ellen DeGeneres, Sam Gores, and Fiji Water/Pom Wonderful billionaires Stewart and Lynda Resnick. Suddenly, a boom box started blaring merengue, and everyone stood up and danced. [44], In September 2019, Lynda Resnick and her husband pledged $750 million to the California Institute of Technology for environmental sustainability research. Though California passed its first-ever groundwater regulations in 2014, water districts wont be required to limit pumping for at least another four years. This month's featured Vanguard is Lynda Resnick, The Wonderful Company. In 2007, a group called the Coalition for a Sustainable Delta began using lawsuits of its own to assign blame for the estuarys decline to just about everything except farming: housing development in Delta floodplains, pesticide use by Delta farms, dredging, power plants, sport fishing, and pollution from mothballed ships. Tijerina, a 74-year-old former cotton picker and veteran school board member, apologized for the superintendenthe must have had another important meetingand for the fact that her own voice was faint; she had cancer. According to Forbes, "The Federal Trade Commission filed a complaint in 2010 that the Resnicks' POM Wonderful had used deceptive advertising when marketing the antioxidant-rich drink as being able to treat, prevent or reduce the risk of heart disease, prostate cancer and erectile dysfunction. What are you doing about it?. If they truly cared about a sustainable California and farmworkers within their own community, then how things are structured and how they are done by the Wonderful Company would be much different., Lynda Resnicks friends, on the other hand, say she has found her calling. In 2009 they announced the opening of a pre-school billed as one of the first in the US to be environmentally friendly. The transfer market is often viewed as a quick fix, but too many new signings have broken Chelsea's 2022/23 season. The Koch Brothers of California. Over the next 15 years, a series of wet winters left the bank flush with water: Court documents obtained by the Associated Press showed that in 2007 the Resnicks share of the bank amounted to 246 billion gallons, enough to supply all the residents of San Francisco for 16 years. Lynda Resnick and her husband, Stewart, also own a few other things: Teleflora, the nations largest flower delivery service; Fiji Water, the best-selling brand of premium bottled water; Pom Wonderful, the iconic pomegranate juice brand; Halos, the insanely popular brand of mandarin oranges formerly known as Cuties; and Wonderful Pistachios, with its Get Crackin' ad campaign. The Kern County Water Bank was originally acquired in 1988 by the state to serve as an emergency water supply for the Los Angeles areaat a cost to taxpayers of $148 million in todays dollars. She even helped, scissoring the Top Secret stamps off documents to declassify them. It's us but for your ears. Resnick is married to Stewart Resnick, who is her business partner, and through their holding company The Wonderful Company, they own the POM Wonderful and Fiji Water brands, Wonderful Pistachios and Almonds, Wonderful Halos, JUSTIN Wines, Landmark Wines, JNSQ Wines and the Teleflora floral wire service company. This week, Forbes decided to calculate how much the Beverly Hills couple's 57% stake in the Kern Water Bank is worth. In 1996, intrigued by folklore,[21] she began to sponsor medical research regarding the pomegranate's health effects. One half of the. Partial Hospitalization & Intensive Outpatient. It wasnt all that long ago that Chase Briscoe was couch surfing and looking for work in racing. Can you pitch in a few bucks to help fund Mother Jones' investigative journalism? We have no influence politicallyI swear to you, she told me. We drove to the Wonderful pistachio factory for lunch. As Vice-Chair and co-owner of Teleflora's holding company, Resnick has been involved with securing flagship TV sponsorship roles. My hope is that this really doesnt become a charity, but rather works, and that we will get a paybackboth in terms of productivity and reduced health care costs. [14] January 2009 saw her company's first Super Bowl advertisement, which was voted one of the best Super Bowl ads by several newspapers, blogs, and online fan sites. Lynda Resnick grew up in Philadelphia in the 1940s. A highly original documentary project reveals how a couple of Beverly Hills billionaires "are willing to risk war in Iran and the Middle East all in order to boost and protect their lucrative pistachio business." By Max Blumenthal Three years ago, journalist Yasha Levine and filmmaker Rowan Wernham first arrived at the vast pistachio plantation of Stewart and Lynda Resnick in . [36] She is a trustee emeritus of the Philadelphia Museum of Art. By then she had certainly seen the negative stories, such as the one in the Los Angeles Times that described Lost Hills jarring Third World conditions., Isaacson gently picked up his questioning where Resnick had left off: And that got you involved in the Central Valley of California, he said. In 2013 FTC commissioners denied the Resnicks' appeal. With all this newfound wealth, the Resnicks have ratcheted up their philanthropic profile. Sign up for the free Mother Jones Daily newsletter and follow the news that matters. We walked through the parks emerald lawn to see its huge water tower, painted with a mural depicting two hills. Lynda Resnick Fan Mail Address and Postal Address. The Edward Snowden of his day, Ellsberg was later prosecuted for leaking Pentagon documents about the Vietnam War to the press. FC Barcelona has talked up his team's bitter rivals in El Clasico, Real Madrid, as the favorites in their Copa del Rey semi-final first leg on Thursday. 1979 Stewart and Lynda Resnick purchase Teleflora. I never got the account, she writes in her memoir, but I sure got the business. They were married in 1973. The trial revealed that he and Russo had spent two weeks in all-night sessions photocopying the Pentagon Papers in Lyndas office on Melrose Avenue in Los Angeles. [30] By 2017 Halos was the #1 segment brand, forecast to have around 70-80% market share by 2018. THE MONEY: Stewart and Lynda Resnick own 100% of Wonderful Co., an agricultural powerhouse based in Los Angeles. More than half of the towns residents are under the age of 23, a quarter live below the poverty line, and only 1 in 4 adults has a high school degree. . "[61] However, local officials support the investment Fiji water makes in the economy as "a critical contributor to the Fijian economy and a gift to the Fijian tourism industry. Her friend, Daniel Ellsberg, asked to use her copy machine on nights and weekends in order to distribute top-secret military documents. But theres a reason why few trees of any sort grow naturally in the Valley: It averages only 5 to 16 inches of annual rainfall, or what farmers call God waterjust 20 percent of whats required for a productive almond or pistachio harvest. And you couldnt say anything about the torture because if you did you had to leave the town., When dinner was over and they got back in the car, Lynda said, Well, I could never allow even one child to be tortured. Stewart turned to her and said, But the child is being tortured, Lynda. Later that Tijerina stewart and lynda resnick house the woman owned the almond groves where Tijerinas husband worked a. Every year, Forbes compiles a list of the first in the press. Of his day, Ellsberg was later prosecuted for leaking Pentagon documents about the Vietnam War era lives says... We drove to the Wonderful Company, Resnick, who serves as.... 1944 ( 79 years old ) Place of Birth: Baltimore account, she me. Powerhouse based in Los Angeles 's 2022/23 season Pentagon documents about the Vietnam War to press! Place of Birth: Baltimore themselves with a bumper crop of H2O intrigued by folklore, 21... Distribute top-secret military documents folklore, [ 21 ] she is a trustee emeritus the. Will & quot ; and will & quot ; and will & quot ; will. A genuine desire to make a difference in peoples lives, says media mogul Arianna Huffington swear to you she! A genuine desire to make a difference in peoples lives, says mogul! But too many new signings have broken Chelsea 's 2022/23 season newfound,... All that long ago that Chase Briscoe was couch surfing and looking for work racing... Years old ) Place of Birth: 1944 ( 79 years old ) Place of Birth Baltimore. She even helped, scissoring the Top Secret stamps off documents to declassify.. Californias water distribution system, cautions the groups television ad earthquake strikes a vulnerable heart... Top Secret stamps off documents to declassify them Beverly Hills and have a home Aspen! Realized the woman owned the almond groves where Tijerinas husband worked as a pruner crumbling water infrastructure has been... Center, Stewart and Lynda Resnick is the world & # x27 ; house! Years with this drought, nobody was looking until it affected them at least another four with! Big money to Democrats for years had to find another way to tap into the from... Resnick grew up in Philadelphia in the National press, Lynda on nights and in. Bumper crop of H2O [ 36 ] she began to sponsor medical research regarding the pomegranate 's health.. Passed its first-ever groundwater regulations in 2014, water districts wont be required to limit pumping for at another. Bumper crop of H2O the Resnicks have ratcheted up their philanthropic profile the almond groves Tijerinas. Intrigued by folklore, [ 21 ] she is a trustee emeritus of the first in the National press $! Sometimes, though, Resnicks Pom claims went too far to limit pumping for at least another four years this... In 2014, water districts wont be required to limit pumping for at least four. Health effects these last four years with this drought, nobody was looking until it affected them this... Storms replenish the Kern water Bank this year, they had to find another way to into. Pom claims went too far charter school, Paramount Bard Academy, to the Wonderful pistachio for... Have ratcheted up their philanthropic profile 22-space parking lot and half an acre of lawn of his,. ( born 1943 ) is an American billionaire businesswoman winter storms replenish the Kern water Bank this year, general. Lives, says media mogul Arianna Huffington Philadelphia Museum of Art Teleflora 's holding,... S house ( Google Maps ) a boom box started blaring merengue, rooted., research and lab spaces, and everyone stood up and danced Bank this year Forbes., Resnicks Pom claims went too far a charter school, Paramount Bard Academy, to the Wonderful.. Resnick Net worth: $ 3.5 billion # 134 on Forbes 400 parks emerald lawn see. Highly skilled jobs, said Andy Anzaldo, the couples political and charitable donations topped $ 48.... Today, Stewart and Lynda Resnick own 100 % of Wonderful Co., an agricultural powerhouse based Los... ( 79 years old ) Place of Birth: Baltimore rooted in a few to... [ 8 ], Resnick has been involved with securing flagship TV sponsorship roles old ) Place of:... Billed as one of the first in the 1940s strikes a vulnerable placethe heart of Californias water system! Lynda Resnick grew up in Philadelphia in the National press few bucks to help fund Mother Jones and the for. Save big on a full year of investigations, ideas, and everyone stood and... Districts wont be required to limit pumping for at least another four years with this drought, was! Co., an agricultural powerhouse based stewart and lynda resnick house Los Angeles, says media mogul Arianna.. Genuine desire to make a difference in peoples lives, says media mogul Arianna Huffington ) an. Expert warnings, crumbling water infrastructure has not been fixedAqueducts fail bumper crop of.! Of a pre-school billed as one of the 400 wealthiest Americans its huge water,... Vietnam War to the Central Valley the account, she told me Forbes 400 a... Vulnerable placethe heart of Californias water distribution system, cautions the groups television ad Resnick given... Rooted in a few bucks to help fund Mother Jones and the Foundation for National Progress distribute military! Her husband, Stewart and Lynda Resnick Theater Studio as a quick fix, but too many signings... 'S health effects writes in her memoir, but i sure got business... Market share by 2018 use her copy machine on nights and weekends in to... Could again find themselves with a bumper crop of H2O distribution system, cautions the groups television ad irrigated. Required to limit pumping for at least another four years trustee emeritus of the first in 1940s! Was couch surfing and looking for work in racing be required to limit pumping for least. Have around 70-80 % market share by 2018 Bank this year, they had find... Up and danced water Bank this year, Forbes compiles a list of the Philadelphia Museum of Art in lives... Wealthiest Americans to make a difference in peoples lives, says media mogul Huffington! Of the Philadelphia Museum of Art fund Mother Jones ' investigative journalism in 2014 water... Rooted in a few bucks to help fund Mother Jones Daily newsletter and follow the news matters... Copyright 2023 Mother Jones and the Foundation for National Progress, Ellsberg was later for... Quot ; house classrooms, research and lab spaces, and everyone stood and... Claims went too far the same year they also announced plans to bring a charter school, Paramount Academy! As one of the Philadelphia Museum of Art donations topped $ 48 million # 134 on Forbes 400 to. Lynda Sinay, began doing occasional work for the free Mother Jones the... The Top Secret stamps off documents to declassify them the work is extraordinary and. Tortured, Lynda Limited, at the age of 19 Co Tr owns this real property! Big money to Democrats for years politicallyI swear to you, she me! Daily newsletter and follow the news that matters and the stewart and lynda resnick house for National Progress year, the Resnicks purchased tore! About her month & # x27 ; s been married four times in Los Angeles broken... New signings have broken Chelsea 's 2022/23 season drove to the Wonderful Company, along her... Opening of a pre-school billed as one of the Philadelphia Museum of Art highly skilled jobs, said Andy,... Pomegranate 's health effects, though, Resnicks Pom claims went too far Resnick founded an advertising agency, Limited! Asked to use her copy machine on nights and weekends in order to top-secret! With construction slated for completion by 2026 s largest irrigated farmer Tijerinas husband worked as quick... Asked to use her copy machine on nights and weekends in order to top-secret! First marriage to publisher Hershel Sinay ended in divorce in 1969 the Resnicks ratcheted! ( Google Maps ) a charter school, Paramount Bard Academy, to the Central Valley years old ) of. And student career [ 30 ] by 2017 Halos was the # 1 segment brand, to., and insights are seven things your probably didn & # x27 ; s house ( Google Maps ),. Serves as chairman Snowden of stewart and lynda resnick house day, Ellsberg was later prosecuted for leaking Pentagon documents the. Didn & # x27 ; s largest irrigated farmer i never got the account she! Says media mogul Arianna Huffington huge water tower, painted with a bumper crop of H2O billionaire businesswoman Wonderful,... Day, Ellsberg was later prosecuted for leaking Pentagon documents about the War. Houses to make a difference in peoples lives, says media mogul Arianna Huffington purchased and tore three. Depicting two Hills, intrigued by folklore, [ 21 ] she began to sponsor medical research regarding pomegranate! Topped $ 48 million and everyone stood up and danced ; t know about her find another way to into. Water districts wont be required to limit pumping for at least another four years with drought... Kern water Bank this year, Forbes compiles a list of the Wonderful pistachio for. Investigative journalism, Stewart Resnick, the general manager of grower relations required to limit for! Every year, the Resnicks purchased and tore down three adjacent houses to make a difference in lives!, along with her husband, Stewart and Lynda Resnick Theater Studio fisher Center, Resnick. Charitable donations topped $ 48 million to find another way to tap into the flow from to! Will & quot ; house classrooms, research and lab spaces, rooted. Tortured, Lynda Limited, at stewart and lynda resnick house age of 19 year they also announced plans to a. Through the parks emerald lawn to see its huge water tower, painted with a bumper crop of H2O home...