Erroneous accusations that a wealthy couple, Stewart and Lynda Resnick, have been hoarding water amid the Southern California wildfires have been spreading widely online.
The owners of Wonderful Co., behind Fiji Water and other brands, use a lot of water, but it's only a fraction of California’s usage. No one entity owns the water.
False or misleading claims have emerged amid general criticism about California’s water management sparked by the fierce Los Angeles fires.
Stewart and Lynda Resnick, an ultra-wealthy couple from California, are being accused of hoarding water when it is needed to fight the wildfires in California. The Resnicks own the Los Angeles-based Wonderful Company — which claims to be one of the largest food producers in the world.
The couple’s company has a majority stake in a water bank in the San Joaquin Valley and uses vast amounts of water to manage its nearly 130,000-acre California agriculture operation. But the claim that the Resnicks own nearly all — or even a large portion — of California’s water is a massive exaggeration.
As wildfires continue to burn in L.A., art collectors Lynda and Stewart Resnick face criticism for their ownership of a nearby water bank.
Viral claims being spread online about Resnicks' water control in California are debunked as false and misleading.
From direct donations to auctions and a charity benefit concert—here's how celebrities and billionaire are helping victims of the Los Angeles wildfires.
The Wonderful Company announced its commitment Wednesday of $10 million to wildfire relief efforts in Los Angeles. The donations will focus on providing real-time support to first responders— both firefighters and police.
Forbes' latest edition of its Fresh Take newsletter focuses on a misconception about water politics amid Los Angeles wildfires, Red Dye No. 3's ban and more.
Social media users have claimed that Stewart and Lynda Resnick, co-owners of a massive agriculture company that has a majority stake in California’s Kern Water Bank, control California’s water ...
Washington — President Trump is threatening to withhold federal disaster aid for the Los Angeles area if California doesn't change the way it manages water in the state. Mr. Trump is heading to ...