The 50 Wealthiest Angelenos: Stewart & Lynda Resnick #21

0



#21 – Stewart & Lynda Resnick

Net Worth: $1.5 billion -6%

Last Year: $1.6 billion*

Ages: 71 (Stewart), NA (Lynda)

Residence: Beverly Hills

Source of Wealth: Agriculture, retail



The Money:

Stewart and Lynda Resnick? retail and agricultural empire Roll International Inc. saw growth slow. Sales for Pom Wonderful dropped estimated 9 percent to $150 million as consumers shied away from premium pomegranate product. But Paramount Farms continued to prosper as nation? largest almond and pistachio grower, with revenue topping $250 million.


Buzz:

Resnicks, who share chairperson title at family-owned company, gave $55 million last year to Los Angeles County Museum of Art ?solidifying presence on philanthropy scene. Gift, which includes $10 million in art from private collection, bought glass and travertine marble exhibition pavilion bearing couple? name. Lynda kept busy promoting memoir and marketing book ?ubies in the Orchard,?which hit store shelves in March. Stewart in line to become ambassador to France, according to recent news reports. Longtime Hillary Clinton supporters donated at least $22,000 to Democratic Party in 2008. Roll International brand Teleflora made headlines after paying some $2 million for 30 second ad that aired during last year? Super Bowl, a first for online flower distributor. Couple lives in 25,000-square foot Beverly Hills mansion with art collection that includes 18th century French paintings by Francois Boucher, European sculptures, and contemporary pieces by the likes of

Jeff Koons.


*Last year? net worth adjusted upward by $200 million to reflect new information about home and extensive art collection.

No posts to display