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Claims about who owns California's water are spreading online. Here's what to know.
Erroneous accusations that a wealthy couple, Stewart and Lynda Resnick, have been hoarding water amid the Southern California wildfires have been spreading widely online.
No, most of California’s water isn’t owned by one billionaire couple
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.
Does a billionaire couple own almost all the water in California? Here’s why that’s False.
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.
Billionaire Power Couple’s Control of California’s Water Amid Wildfire Crisis
In a secretive 1994 meeting known as the Monterey Amendments, the Resnicks acquired nearly 60% of the Kern Water Bank, a critical water storage facility originally built with hundreds of millions in taxpayer dollars,
9h
As The Fires Rage, California’s Governor And A Billionaire Couple Get The Blame
There are misconceptions circulating about who’s at fault for the fires burning tens of thousands of acres across Los Angeles ...
2d
on MSN
For LA water issues, misinformation spreads nearly as fast as the wildfires
A billionaire couple was accused of withholding water that could help stop Los Angeles’ massive wildfires. Democratic ...
4d
on MSN
Claims about a billionaire couple hurting efforts to fight the L.A. fires via their ‘control’ of the water supply are false
Because of agriculture’s heavy reliance on water, a critical resource in fighting wildfires, the Resnicks became the targets ...
16h
Fresh Take: California’s Water Politics And A Major Misconception
Forbes' latest edition of its Fresh Take newsletter focuses on a misconception about water politics amid Los Angeles ...
Artnet
2d
Who Are the Resnicks, the Art Collectors Accused of Hoarding California’s Water?
As wildfires continue to burn in L.A., art collectors Lynda and Stewart Resnick face criticism for their ownership of a ...
1d
Are the Resnicks ‘hoarding’ water while Los Angeles burns? Why a viral rumor is false
The most likely source of these hoarding rumors is that the Resnicks own the Westside Mutual Water Company. That company has ...
Fresno Business Journal
1d
Wonderful Company, beset by false rumors, gifts $10M toward LA wildfire relief
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 ...
1d
Southern California's winds weakening; at least 25 dead, 26 missing amid wildfires
Fires across the Los Angeles area have killed at least 25 people. The Palisades and Eaton fires continue to burn in Southern ...
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