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 ...
California billionaire couple accused of hoarding water amid LA wildfires. But is it true?
Stewart and Lynda Resnick, an ultra-wealthy couple from California, are being accused of hoarding water when it is needed to fight the wildfires in California. The Resnicks own the Los Angeles-based ...
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 ...
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 ...
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 a 57% stake in the Kern Groundwater Bank Authority, which operates the Kern ...
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 ...