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There’s a video going mega-viral on social media. It features Linda Resnick, a member of a billionaire family deeply entrenched in California’s water business. As a matter of fact, they control quite a bit of the state’s water supply. With California facing severe water shortages—especially as fires rage through the city—people are starting to ask a lot of questions, and rightfully so.
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This is billionaire Lynda Resnick, her family owns 60-75% of the water in California
– Her family donates HUGE amounts of money to Democrats
– She donated to stop Gavin Newsom’s recall
– They use over 150 billion gallons of water every year
– Her family was in the 1994 secret meeting that officially ended water being a public right in California
– They’re the largest agricultural owners in California, and their farms use more water than all homes in Los Angeles combined
– Lynda and Stewart Resnick own Fiji Water, POM Pomegranate Juice, Wonderful Pistachios, and many other food companies
– They’ve faced lawsuits related to their water management practices, with allegations of profiting from selling water stored in the Kern Water Bank to non-members at a profit, violating public utility laws
– The Resnicks have been accused of using their wealth to influence water policy and politicsThey pay off Democrats and Gavin Newsom specifically to keep their scam going
However, while the Resnicks do own a massive stake in Cali’s water supply, the 60-75% number may be far too high.
Elon Musk saw the post and had this to say:
The much larger problem is with the California state government allowing fresh water to flow into the Pacific, because of fake risk to a fish
Here’s what we found on the Resnick family’s water empire:
According to Wikipedia, the Resnicks own a majority stake in the Kern Water Bank, which is one of California’s largest underground water storage facilities. It is capable of storing 500 billion gallons of water.
But there’s more. A lot more, actually…
Stewart Resnick and his wife, Lynda, are business partners and the wealthiest farmers in the United States. Each has an estimated net worth of £4.5 billion ($5.6 billion), making their combined wealth £9 billion ($11.2 billion).
The Wonderful Company serves as a holding company for the Resnicks’ numerous investments and agricultural businesses. According to Forbes, the Wonderful Company uses around 150 billion gallons of water annually for its 175,000 acres of farmland.
Recently, the conglomerate has faced criticism for its overconsumption of water during a crisis, as Los Angeles endures the worst wildfire in its history.
The Resnicks’ Agricultural Empire
The Resnicks’ portfolio includes some of the most profitable and recognisable brands in the United States:Teleflora, the largest flower delivery service in the U.S.
Fiji Water, a premium bottled water brand sold in over 60 countries.
Pom Wonderful, a juice brand and the largest producer of fresh pomegranates in the U.S.
Halos, a top-rated mandarin brand.
Wonderful Pistachios, generating revenues of £3.2 billion ($4 billion).
Wonderful Almonds, establishing the Resnicks as the largest producers of almonds.
Paramount Farms, an agricultural giant owning thousands of acres of farmland.
Paramount Citrus, the largest grower of citrus in the U.S.
Franklin Mint, which produces jewellery, dolls, souvenirs, and collectibles.
So how did this “humble” all American family gain control over a public resource? The IB Times piece goes on:
In the 1980s, the Resnicks began investing in pistachios, almonds, fruits, and wine. To plant and irrigate these crops, they acquired 130,000 acres of farmland and a 20,000-acre water reserve in California’s San Joaquin Valley.
In 1994, Stewart’s advisors engaged with key stakeholders in California’s water management. This meeting is believed to have resulted in the Monterey Plus Agreement, a controversial deal that transferred the Kern Water Bank from public ownership to private contractors. This policy forced local governments to purchase water from private companies rather than receive it from the state for free.
The Wonderful Company gained control of 57% of the Kern Water Bank’s water, which the Resnicks began selling back to local governments. This practice has drawn criticism for decades, especially during the 2011–2017 California drought. Critics argue that the Resnicks profit from a resource originally intended to be publicly accessible.
With fires raging across California and a lack of water to fight them, the Resnicks are facing some seriously intense backlash on social media. The Kern Water Bank—which is funded by taxpayers—was designed to ensure a reliable water supply during droughts, yet the Resnicks’ control over this vital resource has people demanding answers. Their scheme of selling off what should be a public lifeline raises serious questions about whether profit has completely overridden the original purpose. In a state already drowning in mismanagement, this might be the tipping point that forces Californians to confront the disastrous consequences of so much unchecked greed and corruption that flowing like… well, like water.
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