Couple made billions by hoarding California’s fragile, drought-stricken water supply

‘In the midst of California’s ongoing drought, why do a pair of billionaires have access to more water than all of Los Angeles’s households combined?
That’s what many Californians are wondering, and the answer lies in the shrewd business practices and paid-for political influence wielded by Stewart and Lynda Resnick, a couple whose California agricultural empire is worth an estimated $4.2 billion.
The Resnicks, who bought their first piece of California farmland in 1978, have since amassed a staggering fortune by becoming the world’s biggest almond and pistachio growers and packagers. The couple’s nut business now rakes in $5 billion in sales per year from their 130,000 acre operation in the state’s Central Valley, and to keep the cash rolling in requires lots of water.’
Read more: Couple made billions by hoarding California’s fragile, drought-stricken water supply