Resnicks make the New Yorker

Guest blogger Lance Jungmeyer here ...

If you haven't seen it, check out the April edition of The New Yorker, which has a feature article on Stewart and Lynda Resnick, owners of Pom Wonderful, Paramount Farms, Paramount Citrus, et. al.

Unfortunately the article is not available online, but I will pass along some choice observations and quotes.

Noting how well the couple works together, the article calls the couple the "Bill and Hillary" of the business world. Lynda is queen of the marketing, Stewart is king of the business end.

The couple functions as a team, but Stewart and Lynda are not joined at the hip in every decision, including major purchases. The article quotes Lynda as saying, "Big purchases, anything over $25 million, we talk."

With more than 120,000 acres of nuts and tree fruits, they may have the largest such acreage in the world, the article notes.

This season, Pom Wonderful harvested nearly 200 million pomegranates, according to the article.

So far, Pom Wonderful has invested $23 million in research on pomegranate's health benefits, and another $7 million is in the pipeline.

The article is a fascinating look at the Resnick's high-flying lifestyle, made possible by their strong entreprenuerial spirits. To note that they came from initially middle-class backgrounds lends further proof to the notion that America is the land of opportunity.