Stewart and Lynda Resnick's net worth appears to have been built on some sort of water empire. Here's what we know about their wealth.

As the Eaton and Palisades fires consume California, social media users have reignited controversy over Lynda and Stewart Resnick, two married Los Angeles collectors who have a significant stake in the state's water.

Forbes' latest edition of its Fresh Take newsletter focuses on a misconception about water politics amid Los Angeles wildfires, Red Dye No. 3's ban and more.

As wildfires continue to burn in L.A., art collectors Lynda and Stewart Resnick face criticism for their ownership of a nearby water bank.

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 Water Bank, a vast stretch of land that can hold up to 1 million acre feet of groundwater.

Stewart and Lynda Resnick are the owners of the Wonderful Company, which has sprawling farmlands in the San Joaquin Valley and owns brands like POM and Fiji Water. They have been falsely accused of hoarding water and exacerbating the wildfire crisis currently plaguing the Los Angeles area.

The Wonderful Company owns 175,000 acres of farmland in the state, which, according to Forbes, requires around 150 billion gallons of water annually.

There are misconceptions circulating about who’s at fault for the fires burning tens of thousands of acres across Los Angeles.

A billionaire couple was accused of withholding water that could help stop Los Angeles’ massive wildfires. Democratic leadership was blamed for fire hydrants running dry and for an empty reservoir. Firefighters were criticized for allegedly using “women’s handbags” to fight the fires.

The cost of meeting our net zero targets is rising all the time, and it is now hitting us all directly in our pockets

Accusations that one wealthy couple, Stewart and Lynda Resnick, have been hoarding water needed to fight the Southern California wildfires have been spreading widely online. While the Resnicks do ...

Stewart Resnick and his wife, Lynda, are business partners and the wealthiest farmers in the United States. Each has an estimated net worth of £4.5 billion ($5.6 billion), making their combined ...