Erroneous accusations that a wealthy couple, Stewart and Lynda Resnick, have been hoarding water amid the Southern California wildfires have been spreading widely online.

Because of agriculture’s heavy reliance on water, a critical resource in fighting wildfires, the Resnicks became the targets for false claims on social media that they “contro

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.

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 usage. No one entity owns the water.

In a secretive 1994 meeting known as the Monterey Amendments, the Resnicks acquired nearly 60% of the Kern Water Bank, a critical water storage facility originally built with hundreds of millions in taxpayer dollars,

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

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 Wonderful Company — which claims to be one of the largest food producers in the world.

The couple’s company has a majority stake in a water bank in the San Joaquin Valley and uses vast amounts of water to manage its nearly 130,000-acre California agriculture operation. But the claim that the Resnicks own nearly all — or even a large portion — of California’s water is a massive exaggeration.

From direct donations to auctions and a charity benefit concert—here's how celebrities and billionaire are helping victims of the Los Angeles wildfires.

Fires across the Los Angeles area have killed at least 25 people. The Palisades and Eaton fires continue to burn in Southern California.

False or misleading claims have emerged amid general criticism about California’s water management sparked by the fierce Los Angeles fires.

The Wonderful Company announced its commitment Wednesday of $10 million to wildfire relief efforts in Los Angeles. The donations will focus on providing real-time support to first responders— both firefighters and police.