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Friday, Jun 9, 2023

LA500 2022: Stewart Resnick

Chairman and President, Wonderful Co.

Resnick and his wife, Lynda, acquired Teleflora in 1979 and the Franklin Mint in 1985, while also expanding into agriculture with the purchase of the Paramount Citrus association in 1981. Resnick met his wife a year after selling the janitorial business he started in college for $2.5 million. In 2015 they renamed their corporation, Roll Global, as Wonderful Co., which is valued at about $5 billion and includes pest control-provider Suterra, shipping company Neptune Pacific Line, Fiji Water and a vineyard in Paso Robles. The couple owns a 57% stake in Kern Water Bank, an underground water storage facility, which Forbes valued at about $1.7 billion.


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