Her first marriage to publisher Hershel Sinay ended in divorce in 1969. The billionaire owners of Fiji Water, Teleflora, and POM Wonderful purchased this 36-acre property in 1994 for 4,875,000. Teens can enter a password to continue watching beyond the automatically set one hour limit, and the feature can be disabled entirely. Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. Stewart hired her to work for his janitorial business. With all this newfound wealth, the Resnicks have ratcheted up their philanthropic profile. [30], Wonderful Pistachios & Almonds is the world's largest vertically integrated pistachio and almond grower and processor, cultivating and harvesting more than 65,000 acres (260km2) of pistachio and almond orchards and delivering more than 450 million pounds of nuts globally each year. The Resnicks are quick to point out that its not just plant workers whove benefitedthe nut boom has improved the lives of farmworkers, too. [61], At the same time as exporting almonds to Asia and other locations, they import Fiji bottled water from the South Pacific. [46][47] Over the years, they have given over $100 million to two charter schools, and $20 million to an agriculture-career college prep program for seven public high schools in California's Central Valley. [50] In 2018, the Resnicks donated $2.5 million to the Fresno Community Food Bank, the largest donation the agency has received in its 26-year history. A gifted marketer, Lynda dropped out of college at 19 to start her own ad agency. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. Resnick Stewart A Co Tr owns this real estate property. The Resnicks expanded into agriculture in 1978, mostly as a hedge against inflation. 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. Despite expert warnings, crumbling water infrastructure has not been fixedAqueducts fail. 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 . In 2009, Resnick, with Francis Wilkinson, co-authored a book, Rubies in the Orchard: How to Uncover the Hidden Gems in Your Business, which details her life by explaining marketing and business ideas she used to build successful brands. With pistachios netting an astounding $3,519 per acre4 times more than tomatoes and 18 times more than cottonhe seemed confident the water would flow uphill to the money. [16] According to the Encyclopedia of American Women in Business, the first run of a Scarlett O'Hara (Gone with the Wind)-inspired doll generated $35 million in sales. The fan mail address is not available with us right now. Its really good land, Tijerina told me, her shaky voice still tinged with optimism. Sign up for the free Mother Jones Daily newsletter and follow the news that matters. Her interviewer, former CNN chairman and author Walter Isaacson, didnt press her on the matter. Londons Energy Week Is A Lesson In Cognitive Dissonance, FC Barcelona Coach Xavi Talks Real Madrid Up As Favourites Ahead Of Copa Del Rey El Clasico, Milwaukee Brewers Ace Corbin Burnes Will Be Motivated By Losing Salary Arbitration Hearing, Chelsea Transfer Spending Spree Derails Season For Potter And Boehly, TikTok Sets Default Daily Screen Time Limit For Under 18s, NASCAR Hall Of Famer Tony Stewart Set To Compete In Full NHRA Season. #184 Stewart Resnick on the 2022 Forbes 400 - From almonds & oranges in California's Central Valley to grapefruits in South Texas, Stewart Resnick and Paramount is owned by West L.A.'s Roll Global, a $3 billion agribusiness conglomerate headed by Stewart and Lynda Resnick. Stewart & Lynda Resnick's House in Beverly Hills, CA - Virtual Globetrotting Virtual Globetrotting Oct. 17, 2022 1:11 PM PT. Three weeks after the ad went live, Gov. On a perfect sunny morning, the Fellows of FRG visited the spectacular Sunset Boulevard estate of the innovative and philanthropic couple, Lynda and Stuart Resnick. One education program they built and partially funded, which was awarded an $8.5 million grant from the state in June 2015 to help them expand it, gives 200 students a year partial agricultural education and college scholarships to gain technical experience. Then they gave $221,000 to his replacement, Arnold Schwarzenegger, who has called them some of my dearest, dearest friends. The $150,000 theyve sprinkled on Jerry Brown since 2010 might not seem like a lot by comparison, but no other individual donor has given more. [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?! The coalitions website doesnt mention the Resnicks, but it originally listed a Paramount Farms fax number, and three of the four officers on its early tax documents were Resnick employees. I think it was unfair, Resnick told me. [40], She is on the board of trustees and chair of the marketing and communications committee at the Aspen Institute. Losing his salary arbitration case, and hearing what the Milwaukee Brewers said in his arbitration hearing has not been received well by pitching ace, Corbin Burnes. Design on the Resnick Center is expected to begin in 2022, with construction slated for completion by 2026. And heres a key fact to consider against this backdrop: The Resnicks arent just pumping to irrigate their fruit and nut treestheyre also in the business of farming water itself. It's us but for your ears. He is a lawyer. You pay the rent and dont eat, or you eat and dont pay the rent, says Gilberto Mesia, a Wonderful farmworker with three school-age children. One season without water piped in from the Delta can kill an orchard that took five years to mature. Stewart 's never driven a tractor or opened an irrigation valve. But is their philanthropy just a marketing ploy, or a sincere effort to reform Californias lowest-wage industry? According to an investigation by the Contra Costa Times, between 2000 and 2007 the Resnicks bought water for potentially as little as $28 per acre-foot (the amount needed to cover one acre in one foot of water) and then sold it for as much as $196 per acre-foot to the state, which used it to supply other farmers whose Delta supply had been previously curtailed. No one cared about water, Lynda Resnick told me. Around that time, Lynda started dating Anthony Russo, who worked at a think tank with military analyst Daniel Ellsberg. Stewart bought his first farmland parcel in California in 1978 as a hedge against inflation, thus beginning their agricultural empire. It wasnt all that long ago that Chase Briscoe was couch surfing and looking for work in racing. 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 agencies spent some $750,000 studying the issue anewonly to have researchers again conclude the 2007 restrictions on Delta pumping were warranted. Its cavernous reception hall is bedecked with blown-glass chandeliers, its windows draped with Fortuny curtains, and its drawing room adorned with a life-size statue of Napoleon so heavy that the basement ceiling had to be reinforced to bear its weight. It feels good to move around, one worker told me afterward. The Resnicks acquired the Fiji Water business in 2004,[25] after which Lynda supervised marketing that focused on promoting the uniqueness and exotic nature of the water. 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 Kern Water Bank gave them the ability to store this water and sell it back to the state at a premium in times of drought. Baskets on the tables were filled with free fruits and nuts for the taking. 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. 150 UCLA Medical Plaza. Last year, the couples political and charitable donations topped $48 million. It was 2002, and she quickly saw how to position pomegranates prominently to meet the health and wellness trend taking hold in the United States. It was only later that Tijerina realized the woman owned the almond groves where Tijerinas husband worked as a pruner. 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. THE MONEY: Stewart and Lynda Resnick own 100% of Wonderful Co., an agricultural powerhouse based in Los Angeles. In 2009 they announced the opening of a pre-school billed as one of the first in the US to be environmentally friendly. The Resnicks, whod given up the most paper water rights, came to hold a majority vote on the banks board and the majority of its water. Growing up in Philadelphia in the 1940s, Lynda performed on a TV variety show sponsored by an automat. March 14 @ 6:00 pm - 8:00 pm. The clinics have a full-time, bilingual doctor, health coaches, and prescription medicationsall free of charge. [19][7][18] The Resnicks sold the Franklin Mint in 2006.[20]. Lynda expanded into jewelry, dolls, and precision model cars. The office address is The Wonderful Company, Wonderful Citrus, Wonderful Pistachios & Almonds, Teleflora, FIJI, Wonderful Sales, 11444 West Olympic Blvd. A win for fish and a win for farmers? Stewart bought his first farmland parcel in California in 1978 as a hedge against inflation, thus beginning their agricultural empire. Pistachios are now among the top 10 best-selling salty snack items in the United States, and the Resnicks Lost Hills pistachio factory is the worlds largest. Work on the 14,688 sqft mansion was finished the same year. Since 1979 Resnick has been the chairman and president of The Wonderful Company.He is married to Lynda Resnick, and through their holding company they . They can live with their families, send their kids to school, and start to grasp for the American Dream. In June 2015, Rep. David Valadao, a Republican from the Valley, introduced a bill that would force federal regulators to release more Delta water for agriculture. The gift follows a founding gift of $4 million that the Resnick Family Foundation made in 2013 to create an endowment to launch the food law program, as well as generous operational funding during the . [33], In 2019, the Resnicks launched a female-focused luxury wine brand, JNSQ (named for the French phrase "je ne sais quoi"). The mailing address and office address of Stewart Resnick is given here. In 1996, intrigued by folklore,[21] she began to sponsor medical research regarding the pomegranate's health effects. David Rockefeller, Sr. Net worth: $2.8 billion #193 on Forbes 400. In 2018, the Hammer Museum in Los Angeles announced a $30 million gift from Lynda and Stewart Resnick to help pay for a renovation and expansion project. DAVIS, CA--Lynda and Stewart Resnick selected UC Davis as the recipient of their most recent contribution to environmental sustainability, the largest donation made by a single donor to UC Davis totaling 50 million dollars. 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 . About this Project. If you want to meet her personally, then you can meet through given office address. Theyve given six-figure sums to every California governor since Republican Pete Wilson. Nearly half of all Americans purchase one of their products, including Halos mandarin oranges, POM Wonderful and Fiji Water. She won a Gold Effie Award for her idea to pair fresh flowers with a collectible keepsake container,[13] while her Mother's Day special on NBC resulted in another Effie win. Meanwhile, the fight between farmers and smelt has plodded on, with the Resnicks becoming prominent advocates for pumping even more water south to farms. Theyre mechanics.. [9] Resnick was designated an un-indicted co-conspirator for her role and pursued by prosecutors for two years. [35] Lynda Resnick described the brand as "created specifically for millennial women and older Gen Z'ers and the milestones they are celebrating in their blossoming and exhilarating lives. In a U.S. News & World Report article, Resnick explained that her book promotes a concept she labels transparency: "Transparency is very newyou have to be a good citizen of the planet. Tijerina, who has short gray hair and a cautious smile, grew up in a village near Monterrey, Mexico, before her family moved to South Texas in 1954. The companys new, far-reaching health initiative also includes free exercise classes in the employee gym, a weekly on-site farmers market, and a program that pays people up to $2,700 a year to lose weight and keep it off. Stewart and Lynda Resnick, owners of The Wonderful Company, have pledged $750 million to the California Institute of Technology to support cutting-edge research into environmental sustainability. 608 Mountain Drive. He wouldn't know one of his Valencia orange groves from . Among the goals is to provide a pipeline of workers to staff its increasingly mechanized operations. Schedule an appointment. Her father, Jack Harris, produced the cult hit The Blob and later moved the family to California. Here are seven things your probably didn't know about her. Sunset House, as it is aptly named, is surrounded by elegant gardens created by landscape architect Rios Clementi Hale Studios and A.C. Martin. October 13, 2022 The University of California, Davis, today announced that philanthropists Lynda and Stewart Resnick, co-owners of The Wonderful Company, have pledged the largest gift ever to the university by individual donors. The University of California, Davis, today announced that philanthropists Lynda and Stewart Resnick, co-owners of The Wonderful Company, have pledged the largest gift ever to the university by individual donors. Arax's new piece examines the methods of Boswell's de facto heir. Having shrewdly maneuvered the backroom politics of Californias byzantine water rules, they are now thought to consume more of the states water than any other family, farm, or company. On a perfect sunny morning, the Fellows of FRG visited the spectacular Sunset Boulevard estate of the innovative and philanthropic couple, Lynda and Stuart Resnick. Fix the system.. [11][12] Notable brands controlled by the Resnicks include POM Wonderful, Fiji Water, Wonderful Halos and Wonderful Pistachios. If these plans come to pass, [the tunnels] are a complete existential threat to our communities, our people, and to the environment., But the Resnicks have never been ones to let details get in the way of a good marketing campaign. An earthquake strikes a vulnerable placethe heart of Californias water distribution system, cautions the groups television ad. The Edward Snowden of his day, Ellsberg was later prosecuted for leaking Pentagon documents about the Vietnam War to the press. The Resnicks are people who, in Arax's words, "control more land and water 130 billion gallons a year than any other man and woman in California and still believe it isn't enough.". Copyright 2023 Mother Jones and the Foundation for National Progress. 9475 Sunset Boulevard Lynda S Resnick and Resnick Stewart lived here in the past . Stewart and Lynda Resnick are the wealthiest farmers in America. The couple were the subject of ridicule in the national press. The couple pocketed more than $30 million in the process. The Wonderful Company is a privately held, Los Angeles-based global enterprise that produces a diverse range of high-quality, healthy products, including such iconic brands as Wonderful Pistachios, Wonderful Halos, Wonderful Seedless Lemons, POM Wonderful, FIJI . And now that people have to cut back on their water, all of a sudden it has become important.. Required fields are marked *. When she retold the story onstage at the 2013 Aspen Ideas Festival, Resnick stopped short of spelling out exactly what she thought her husband was alluding to. There are all sorts of costs related to poor health, Stewart Resnick said at the Aspen Institute in July. [48], Forbes noted that between 2010 and 2015 "the company has helped 55,000 students in the region through programs like college prep, scholarships and summer camps. Adam Keats, senior attorney at the Center for Food Safety, describes the transfer of the water bank to the Resnicks and other farmers as an unconstitutional rip-off.. . [7] They also operate large industrial citrus and nut farms in California. All Rights Reserved. The transfer market is often viewed as a quick fix, but too many new signings have broken Chelsea's 2022/23 season. Compare Stewart and Lynda Resnick's Net Worth. Legal actions were eventually dropped.[10]. [7] Resnick graduated from Harriton High School, and the family moved to southern California. In October 2015, the Resnicks asked the Supreme Court to take the case. Theyve spent $15 million on the 2,500 residents of Lost Hillsroughly 600 of whom work for the couplefunding everything from sidewalks, parks, and playing fields to affordable housing, a preschool, and a health clinic. As part of its focus on its workers, the company has built in-house health clinics at its plants in Lost Hills and Delano. [21] They made a $4 million donation to Children's Hospital Central California in 2006. Water is what led me to Stewart Resnick in the winter of 2003. [50], Other local nonprofits that have benefited financially from the program include the Bakersfield Homeless Center ($77,852), the Bakersfield Ronald McDonald House ($70,633), Marley Mutts Dog Rescue ($63,586), Youth 2 Leaders ($62,400) and the Kern County chapter of the Wounded Heroes Fund ($34,310). [28][29], In 2013 the Resnicks launched Wonderful Halos mandarins, with a $220 million facility in the San Joaquin Valley capable of processing 19 million mandarins a day. Resnick with her husband, Stewart, in their house in Beverly Hills. [51], In 2016 the US Chamber of Commerce recognized Resnick and The Wonderful Company with their Corporate Citizenship Award for their work in community improvement.[52]. But as owners of The Franklin Mint, they saw an opportunity. Months later they launched Californians for Water Security, a coalition of business and labor interests that promotes the tunnels as an earthquake safety measure. But the Resnicks water rights, by and large, are not senior. The estate employs at least seven full-time attendants. To expand their agricultural empire, they had to find another way to tap into the flow from north to south. Now, in a throwback to the sort of massive public-works projects built during his fathers governorship, Brown envisions a bold, silver-bullet solution to the states water crisis. Originally printed in the April 2021 issue of Produce Business. Lynda Resnick rejects the idea that the couple wields any political power on matters of water policy. 1981 The Resnicks acquire Paramount Citrus Association. It is building a $25 million campus for a college prep academy in Delano and expanding its agriculture-focused vocational program to six public schools. Last year, the Resnicks rebranded all their holdings as the Wonderful Company to highlight their focus on healthy products and philanthropy. The attention to detail was noted with great admiration by the capacity-size group of Fellows that toured the gardens led by the Resnicks curator, the most gracious Bernard Jazzar. "[46], Additionally, Resnick and The Wonderful Company have been leaders in minimum wage increases. Over the course of the year, we pay tribute to 35 living Vanguards and 12 departed heroes. Stewart & Lynda Resnick's House (Google Maps). 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