This is the story of The Wonderful Company and Stewart and Lynda Resnick, the billionaire power couple that started one of the largest private holding companies in the world. In addition to owning notable brands like POM, Teleflora, Fiji Water, and more, the Resnicks are also one of the largest farmland owners in the US and are market leaders across almonds, pistachios, pomegranates, mandarins, and lemons.
—
This episode is presented by Local Line. Learn more HERE. Check out our interview with Cole.
—
Show Notes:
(01:26) The Story of the Wonderful Company
(03:24) Stewart Resnick
(06:37) Lynda Resnick
(11:19) Flowers by Wire: Teleflora
(18:34) The Franklin Mint: “Startups are a bitch”
(24:23) Early Farming Days
(31:18) Roll International and Water Controversy
(38:53) POM
(45:50) Fiji Water from Fiji, not Cleveland!
(49:45) Mandarins, Cuties, and Halos Oh My!
(54:43) The Wonderful Company and Wonderful Pistachios
(56:36) Stewart’s Big Personality
(59:00) Revenue
(59:32) Other Ag Businesses
(1:00:04) Wine and Lemons, too?!
(1:01:27) Recent Lawsuit
(1:02:17) Closing Thoughts and Analysis
311: A First-Principles Approach to Farmland Investing with Ben Gordon, CEO and Co-Founder of Fractal Ag
310: Seana Day & Mark Brooks on Investing in AgTech - Co-op Members Call Preview
309: AgriTourism, Hunting & More - A Different Kind of Ag Marketplace with Nic De Castro, Founder & CEO of LandTrust
308: Private Equity Investing in Agriculture with Kevin Schwartz, CEO & Managing Partner of Paine Schwartz Partners
307: Understanding Weeds and Their Opportunity - Topsoil Series with Ariel Patton
306: Acre Insights - Investing into Regenerative Agriculture, VC's Role, the Messy Middle & Other Takeaways from the RFSI Forum
305: Force of Nature's Regenerative Model and EPIC's Acquisition with Robby Sansom
304: Building Carbon Neutral Dairy Products with Marcus Lovell Smith, CEO of Neutral Foods
303: Closing Series B and AgTech Growth Lessons from MyLand's President Peter Williams
302: The Story of The Climate Corporation
301: Understanding Carbon and Sustainability Commitments - Topsoil Series with Ariel Patton
300: Acre Insights - Why We’re Quitting Organic at Nuss Farms and What’s Next for the Modern Acre
299: From Offsets to Insets – Enabling a New Value Stream for Farmers with Tom Ryan, President of Truterra
298: Investing in Regenerative Ag in 2023 with Sarah Day Levesque, Managing Director of RFSI
297: An AgTech Marketing Masterclass with Dan Schultz
296: Understanding Ranching and the Challenges of the Beef Industry with Cassidy Johnston
295: Acquired - Finding Product Market Fit in AgTech with Alain Goubau, CEO of Combyne Ag
294: Understanding Farm-Level Data - Topsoil Series with Ariel Patton
293: Soil As A Service with Dane Hague, CEO and Co-Founder of MyLand
292: Using AI to Solve Big Problems in the Agri-Food Supply Chain with Anthony Howcroft, CEO of SWARM Engineering
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
NABOR® TALKS
U.S Property Podcast
Aligned Money Show
The Ramsey Show
Planet Money