Country's Wealthiest Farmer Stewart Resnick Makes 'A Kingdom From Dust' During Drought (2024)

The wealthiest farmer in the United States lives and farms in California. Stewart Resnick, 81, owner of The Wonderful Company and 65 percent of the nation's pistachios, has had a distinct and sweeping effect on agriculture in the Golden State.

Throughout his life, he’s rarely given interviews. But journalist Mark Arax was able to get unprecedented access to the Resnick family, and has published part of his work in an article titled “A Kingdom From Dust” in the latest California Sunday Magazine.

Arax joined Insight by phone from Fresno to discuss what he’s learned about supersize farming, the migrant workers of Kern County’s Lost Hills and what it means for the rest of the state when one bends nature to their will.

Interview Highlights

On getting access to Stewart Resnick

It was persistence, really. When I was a journalist at the LA Times, all the way back in 2003, I heard about Resnick acquiring a water bank, kind of an underground lake that had been jump-started by the state with public funds of about $74 million. And he had acquired this thing in kind of these secret meetings in Monterey, and that water allowed him to plant millions of trees — pistachios, almonds, pomegranates,citrus. And no one had ever written about him. So I did a piece on that, and each time I called the company for comment they simply hung up the phone. They had no PR office or anything back then. And then I just kind of kept on pursuing and trying to understand his empire. It was very reminiscent in some ways of the early wheat barons in the 1870s who had these mansions on Knob Hill in San Francisco and then from afar farmed land in the middle of California. So, really, it wasn’t like he gave me access instantly or at once. It was just me over 15 years kind of pulling things out.

On the reluctance of wealthy farmers to give interviews

At one point he told me, “There’s no upside to talking. When you’re making the kind of money we’re making, why talk about it?” And that’s kind of an ethos of the big farmer here in the San Joaquin Valley. There was a cotton giant named of J. G. Boswell, and their family had come out of the South and came to the middle of California in the 1920s, and their family motto was, “As long as a whale never surfaces, it is never harpooned.” And even the Gallo story, it took a court case and many, many years to tell their stories. So really the farmers don’t like talking about their narrative much. So that’s kind of what I’ve been following here for the last 15-20 years.

On how Resnick built his agricultural empire

It's privately held. It's he and his wife, and I think they're worth close to $5 billion now. When I first wrote about him, it was about $900 million, so the almonds and pistachios and halo mandarins and pomegranates had been very good to them. They also owned Fiji Water and much of the story tells about how he built — you know, he was the son of a bar owner in New Jersey, came West to California in the 1950s, went to UCLA Law School and by the time he graduated, he was well on his way to being a millionaire. So the story really tracks how he built this thing and then ultimately in the late '70s, as a hedge against inflation, he comes up and over the mountain from Beverly Hills and starts buying land in Lost Hills in the southern end of Kern County and then just starts acquiring these huge chunks until he now owns 180,000 acres of California. And he's farming about 121,000 of those acres, and he's using more water than any single person in the state. Year in and year out, he's using as much water — or close to as much water — as the city of LA is using.

On how The Wonderful Company farms kept expanding despite a hard-hitting drought

The cropping pattern certainly got more extensive. When I went out there, one of my main questions was, we were in the second or third year of the drought. The State Water Project, which serves him in western Kern County, had dried up. They weren't delivering — they were hardly delivering anything. In fact, one year didn't deliver anything at all. The water bank had dried up. They had taken so much water out to make up for the shortfall in state water — that was dried up. The peculiar thing about western Kern is it has no groundwater. The groundwater is deep, and it's lousy, and polluted, and so that is not something you can rely on. And so really he was squeezed down to almost nothing, and yet when I was driving these fields, kind of a city of trees, millions and millions of trees in the middle of nowhere, a record crop was sitting on them. And so I couldn't quite figure that out. And that becomes the mystery that tugs the reader through these 20,000 words of magazine piece, and the same one, the same mystery that I use in my book and I'm working on — something has to give here — what is it? And that's the mystery.

Country's Wealthiest Farmer Stewart Resnick Makes 'A Kingdom From Dust' During Drought (2024)

FAQs

Country's Wealthiest Farmer Stewart Resnick Makes 'A Kingdom From Dust' During Drought? ›

Country's Wealthiest Farmer Stewart Resnick Makes 'A Kingdom From Dust' During Drought. An irrigation ditch that runs parallel to a Wonderful Company pomegranate orchard. The wealthiest farmer in the United States lives and farms in California.

How did Stewart Resnick make his money? ›

In 2018, Resnick was the wealthiest farmer in the United States. Resnick and his wife, Lynda Resnick, bought The Franklin Mint in 1986 and sold it in 2006. Since 1979 Resnick has been the chairman and president of The Wonderful Company.

Which country has the richest farmers in the world? ›

Qin Yinglin (Chinese: 秦英林; pinyin: Qín Yīnglín, born 1965) is a Chinese agriculture tycoon, billionaire, Communist Party member, and the world's richest farmer. He is the chair and president of the pig farming company Muyuan Foodstuff and is one of the richest people in China. According to Bloomberg Billionaires Index, ...

Who is the most famous farmer in the US? ›

All that aside, here's one person's list of the ten most famous farmers.
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Mar 11, 2022

Who is the biggest farmer in California? ›

Total acres in 2022: 172,000

The empire of Stewart and Lynda Resnick, described in 2018 as the richest farmers in the United States, has its castle in California, where it owns about 172,000 acres.

Who is the richest farmer in America? ›

The wealthiest farmer in the United States lives and farms in California. Stewart Resnick, 81, owner of The Wonderful Company and 65 percent of the nation's pistachios, has had a distinct and sweeping effect on agriculture in the Golden State. Throughout his life, he's rarely given interviews.

How much are the Resnick family worth? ›

They cofounded and continue to co-own the Wonderful Company, among the largest farming operations in America. As a couple, they share a fortune worth an estimated $10.6 billion. Nearly half of all Americans purchase one of their products, including pistachios, almonds, Halos oranges, POM Wonderful and Fiji Water.

Is there a billionaire farmer? ›

The Simplot family's Idaho-based farm and food business includes more than 400,000 acres of potatoes and other crops. Billionaires Stewart and Lynda Resnick own almost 200,000 acres of farmland, growing orchards of pomegranates and pistachios .

Is any farmer a billionaire? ›

If you don't know the Resnicks yet, please get familiar. They are America's richest farmers, each worth an estimated $5.3 billion.

Who is the highest paid farmer? ›

5 Richest Farmers in the World: They Earn in Billions!
  • Lynda and Stewart Resnick (America) Lynda Stewart and her husband Stewart Resnick started out with growing almonds, oranges, and grapefruits. ...
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  • Harry Stine (America)
Aug 21, 2021

What celebrity became a farmer? ›

Kelvin Fletcher to Jeremy Clarkson – the celebrities who've become farmers. Kelvin Fletcher has swapped his soap farming life for the real thing, with new BBC series Kelvin's Big Farming Adventure showing just how tough the rural lifestyle really is.

Who owns most of the farms in America? ›

People own most farmland. Some 2.6 million owners are individuals or families, and they own more than two thirds of all farm acreage. Fewer than 32,500 non family held corpor ations own farmland, and they own less than 5 percent of all U.S. farmland. Farmland owners hold an aver age of about 280 acres each.

Who is the top farmer in the world? ›

Self-made billionaire Qin Yinglin is the world's richest farmer with a $22bn (£17.82bn) personal fortune.

Who owns the most private land in America? ›

The largest private landowner in the United States is the Emmerson family, which owns and operates Sierra Pacific Industries, one of the largest lumber producers in the country.

Who owns most land in California? ›

California. Sierra Pacific Industries is the largest private landowner in California.

What is the biggest farm in USA? ›

King Ranch, largest ranch in the United States, composed of a group of four tracts of land in southeastern Texas, totaling approximately 825,000 acres (333,800 hectares).

How did Lynda Resnick get rich? ›

From almonds & oranges in California's Central Valley to grapefruits in South Texas, Lynda Resnick and her husband Stewart are worth billions from farming fruits and nuts. They cofounded and continue to co-own the Wonderful Company, among the largest farming operations in America.

What does the Resnick family own? ›

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, Wonderful Seedless Lemons, JUSTIN Wines, Landmark Wines, JNSQ Wines and the Teleflora floral ...

Who is the richest almond farmer in California? ›

Come at the right time of year and you'll see the almond trees blossoming, covering the valley in a blanket of light pink petals. This land belongs to the billionaire Resnicks, Stewart, 77, and Lynda, 72. It's the most valuable part of their $4.3 billion fortune.

How much is Linda Resnick worth? ›

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