Lynda and Stewart Resnick have donated an additional $2.375 million to UCLA School of Law to strengthen the research and educational resources of the Resnick Center for Food Law and Policy.. Terms of Service apply. Lynda and Stewart Resnick are one of the richest American couples, with a net worth of $5 billion. 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. Resnick has been married twice. They had two children: Jason Sinay and Jonathan Sinay. (The Resnicks threw a cocktail party for Feinstein when the Democratic Convention came to Los Angeles in 2000; Feinstein and Arianna Huffington once spent New Years with the Resnicks at their home in Aspen, Colorado.) The couple pocketed more than $30 million in the process. Resnick founded an advertising agency, Lynda Limited, at the age of 19. . At first, it was classic civic gifts: $15 million to found UCLAs Stewart and Lynda Resnick Neuropsychiatric Hospital; $35 million to the Los Angeles County Museum of Art for an exhibition space designed by Renzo Piano and dubbed the Resnick Pavilion; $20 million for the Resnick Sustainability Institute at Caltech, which focuses on making the breakthroughs that will change the balance of the worlds sustainability. (Wonderful claims to have developed an almond tree that has 30 percent higher yields than a conventional tree, using the same amount of water. Theyre engineers. [8], Resnick, then Lynda Sinay, began doing occasional work for the antiwar movement during the Vietnam War era. Lynda Resnick is vice-chairman and co-owner of The Wonderful Company, along with her husband, Stewart Resnick, who serves as chairman. After the Resnicks family physician mentioned the fruits key role in Mediterranean folk medicine, Lynda commissioned scientific studies and found that pomegranate juice had more antioxidant properties than red wine. ", "America's Nuttiest Billionaire Couple: Amid Drought, Stewart and Lynda Resnick Are Richer Than Ever", Forbes Magazine: America's Nuttiest Billionaire Couple: Amid Drought, Stewart And Lynda Resnick Are Richer Than Ever, "How the 'Wonderful Company' Is the 'Amazing Company' for Fiji", "LA Times: Pom Wonderful case not wonderful enough, Supreme Court says", https://en.wikipedia.org/w/index.php?title=Lynda_Resnick&oldid=1135075039, This page was last edited on 22 January 2023, at 13:51. All Rights Reserved. The Resnicks met while he was president of American Protection Industries, Los Angeles, California, and she was pitching her ad agency to get his business. Los Angeles, CA 90064. The Resnicks have amassed this empire by following a simple agricultural precept: Crops need water. Stewart and Lynda Resnick Net Worth: $5 Billion. 108, with an estimated worth of $8 billion. 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. A new environmental review is due next month, and a coalition of environmental groups and water agencies is suing to return the water bank to public ownership. Some foreign conservationists criticize the Resnicks for "hogging the archipelago's precious water supply while island natives didn't always have water to drink themselves, due to crumbling and insufficient infrastructure. They control more of it in some years than whats used by the residents of Los Angeles and the entire San Francisco Bay Area combined. [34] JNSQ Ros Cru and JNSQ Sauvignon Blanc made their debut alongside the Fall/Winter 2019 collection from California-born designers Kate and Laura Mulleavy of Rodarte, who brought their show to Los Angeles (instead of New York Fashion Week) on February 5. She brushes off any notion that Resnick is in the business of charity for the sake of publicity. In 2019 the company increased its minimum pay to $15 an hour for all of its California workers, three years ahead of the state-mandated deadline. Nobody cared. Lynda Rae Resnick (born 1943[1]) is an American billionaire businesswoman. We drove to the Wonderful pistachio factory for lunch. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2023 demands. 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. Born in Highland Park, New Jersey, the son of a Yiddish-speaking Ukrainian bartender, Stewart paid his way through UCLA by working as a janitor and went on to found White Glove Building Maintenance, which quickly grew to 1,000 employees and made him his first million before he graduated from law school in 1962. The farmers had to relinquish 14 billion gallons of paper waterjunior water rights that exist only de jure, since there simply isnt enough rainfall most years to fulfill them. 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. I had finished the last chapter of The King of California, a book I wrote with a good friend about J.G. Save big on a full year of investigations, ideas, and insights. Stewart and Lynda Resnick are the owners of Fiji Water, Teleflora, and POM Wonderful. The Resnicks also have chipped in another $250,000 to support Browns pet ballot measure to fund education. join us with a tax-deductible donation today. The $50 million gift will establish the Stewart and Lynda Resnick Sustainability Center for Catalysis, designed to empower faculty and students to uncover new ways to maintain global growth while . "[62], In addition, their claims for the POM pomegranate drink have been contested. That is why we place such importance on our extensive community outreach programs, education and health initiatives and sustainability efforts. Facility: Garden of Serenity, Sunken Lounge, Private Floating Lounge, Business Center, Meeting Room, Reading Lounge, Lifestyle Pavilion, Outdoor BBQ Terrace. 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.". You have to give back. Her father, Jack H. Harris, worked as a film distributor during the 1950s; he is known for producing The Blob, which later became a cult favorite. An earthquake strikes a vulnerable placethe heart of Californias water distribution system, cautions the groups television ad. Nor would we use it.. Two years later, with a federal judge now restricting Delta pumping for the sake of the smelt, the Resnicks began raising their concerns with friends in Washington. Theyre mechanics.. The bank held up to 488 billion gallons of water, and because it sat beneath a floodplain it could be easily recharged in wet years with rainfall and surplus water piped in from the Delta. Ugly Angel has the latest construction shots of 9481 Sunset Boulevard, site of the under-construction compound belonging to POM Juice/Fiji Water heiresses Stewart and Lynda Resnick. Stewart capitalized on his wifes marketing prowess. 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. Photo by Courtesy of Stewart and Lynda Resnick, Resides in Los Angeles, CA Metropolitan Area. [32] Known for its Get Crackin' campaign, Wonderful Pistachios was the United States' fastest-growing snack brand and the number-one tree nut brand in 2018. [21] They made a $4 million donation to Children's Hospital Central California in 2006. I think the Wonderful Company and the Resnicks are truly the top 1 percent wrapped in a green veneer, in a veneer of social justice, says Barbara Barrigan-Parrilla of Restore the Delta, an advocacy group that represents farmers, fishermen, and environmentalists in the Sacramento-San Joaquin River Delta, east of San Francisco. Feinstein, who chairs the Senate Appropriations Committees powerful energy and water panel, typically serves as the key negotiator on California-related water bills. The Resnicks, whove been anticipating the drought for decades, seem shocked that it has taken everyone else so long to wake up. We met at the 14-acre, Resnick-funded Wonderful Park, where they introduced me to Claudia Nolguen, a Wonderful employee and Lost Hills native who coordinates a daily itinerary of free activities for residents. Phone:310-825-9111. Thursday the 28-year-old signed a contract extension with Stewart-Haas Racing that will allow him to live out his dream of racing in NASCARs Cup series for several more years. Resnick has been married four times and divorced three. Our company has always believed that success means doing well by doing good, Stewart Resnick said in a press release announcing the name change. [41] The same year they also announced plans to bring a charter school, Paramount Bard Academy, to the Central Valley. 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. According to her memoir, she acquired a pistachio orchard that also contained some Wonderful variety pomegranate trees in California's San Joaquin Valley. 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.. Stewart and Lynda Resnick are the owners of Fiji Water, Teleflora, and POM Wonderful. Lynda Resnickwho is perhaps best known as the marketing force . The couple married and sold the janitorial business and purchased Telaflora, a flower delivery service. Resnick Stewart A Co Tr owns this real estate property. By Xeba73 @ 2014-08-26 05:24:00. And now that people have to cut back on their water, all of a sudden it has become important.. 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. [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. 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. Something would have to change, and fast. [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. Help Mother Jones' reporters dig deep with a tax-deductible donation. "It ain't home, but it's much," she likes to say. The couple were the subject of ridicule in the national press. 1 of 3 BEVERLY HILLS, CA - APRIL 7: (US TABS AND HOLLYWOOD REPORTER OUT) Hosts (L-R) Stewart and Lynda Resnick, writer Arianna Huffington and producer Lawrence Bender pose at the launch party for . It's a wine made with that same shared quality of 'je ne sais quoi' that makes each of these ladies unique, memorable and unstoppable.[35] Designed to be sustainably reused, the curvaceous wine bottle was inspired by a vintage perfume bottle and comes with a rose- or grape-shaped glass stopper. Design on the Resnick Center is expected to begin in 2022, with construction slated for completion by 2026. The office address is The Wonderful Company, Wonderful Citrus, Wonderful Pistachios & Almonds, Teleflora, FIJI, Wonderful Sales, 11444 West Olympic Blvd. We walked through the parks emerald lawn to see its huge water tower, painted with a mural depicting two hills. Required fields are marked *. Lost Hills Elementary School, the program's second-leading recipient, has taken in $141,000. It is a psychiatric facility. Resnick was determined to have them, and persuaded her husband Stewart to bid all the way to the jaw-dropping closing price of $211,000. Beverly Hills billionaire Stewart Resnick and his wife, Lynda, the co-owners of The Wonderful Company, are the Power Couple of Corporate Agribusiness in California, who have become virtual royalty . OUR HISTORY How we got where we are . Resnick's Sunset House Tour. "[56] As part of their efforts to minimize this impact, the Resnicks have been investing heavily in the growth of the local economy and nutrition centers. Her friend, Daniel Ellsberg, asked to use her copy machine on nights and weekends in order to distribute top-secret military documents. [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?! Partial Hospitalization & Intensive Outpatient. Arax's new piece examines the methods of Boswell's de facto heir. "I am incredibly grateful to both Lynda and Stewart Resnick for their continued recognition of UCLA's Art Department," said Opie. Lynda Resnick is truly an exceptional person, who has melded her phenomenal business and brand marketing acumen with . 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. To expand their agricultural empire, they had to find another way to tap into the flow from north to south. 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. outside their home. [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. She was struggling to keep things afloat. Address 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. Hows Data Protection Doing In Your Country? Upcoming Upcoming Select date. The $50 million gift will establish the Lynda and Stewart Resnick Center for Agricultural Innovation, with $10 million of the Resnicks' gift to be directed toward annual competitive research . Lynda Resnick Fan Mail Address and Postal Address. Lynda Resnick has been involved in many companies. 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. The office address is The Wonderful Company, Wonderful Citrus, Wonderful Pistachios & Almonds, Teleflora, FIJI, Wonderful Sales, 11444 West Olympic Blvd. Water is what led me to Stewart Resnick in the winter of 2003. 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. [30] By 2017 Halos was the #1 segment brand, forecast to have around 70-80% market share by 2018. RSS. 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 . 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. When leaving, you will retrieve your vehicle from the Valet Lobby located on Level P. Patient drop-off is available at Valet at the hospital entrance and at the Emergency entrance. 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. Date of Birth: 1944 (79 years old) Place of Birth: Baltimore. Oh no, you talk great, the woman replied with a warm smile, before she began handing out copies of her book, Rubies in the Orchard: How to Uncover the Hidden Gems in Your Business. 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. If you want to meet her personally, then you can meet through given office address. We're a nonprofit (so it's tax-deductible), and reader support makes up about two-thirds of our budget. [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. The Resnicks met in the 1970s while Stewart was operating a janitorial service he started while a law student. [4][53] Resnick's second marriage is to Stewart Resnick, who is also her business partner. There are all sorts of costs related to poor health, Stewart Resnick said at the Aspen Institute in July. roc nation board of directors, what is alum used for sexually, bh3 molecular geometry, [ 53 ] Resnick 's second marriage is to Stewart Resnick, who chairs the Senate Appropriations Committees powerful and... According to her memoir, she acquired a pistachio orchard that also some! So long to wake up 108, with an estimated worth of $ 5 billion office.. 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