Forbes - America's Nuttiest Billionaire Couple: Amid Drought, Stewart And Lynda Resnick Are Richer Than Ever 5-15min

Here there are rows upon rows of green–some 70,000 lush acres of water-hungry pistachio and almond trees. ... Their oasis has plenty of water, the result of relentless opportunism that has given their orchards access to more water than nearly any other farm during the worst drought on record in California’s history. The Resnicks use at least 120 billion gallons a year, two-thirds on nuts, enough to supply San Francisco’s 852,000 residents for a decade. They own a majority stake in the Kern Water Bank, one of California’s largest underground water storage facilities, which they got fairly but sagely from the government 20 years ago. It is capable of storing 500 billion gallons of water. They have also spent at least $35 million in recent years buying up more water from nearby districts to replenish their supplies. ... their company, renamed Wonderful in June, owns 32,000 acres of California citrus, flower-delivery service Teleflora, POM Wonderful pomegranate juice and Fiji Water, which collectively brought in $3.8 billion in sales last year. ... The Resnicks met in 1970 when Stewart came looking for marketing help for the janitorial business. He led her on, and after several meetings she bluntly asked whether she was going to get the account or not. Also divorced with children, he told her that he wanted to start a relationship instead. They married and in 1979 bought Teleflora, a failing flower-delivery service. ... Stewart bought his first parcel of farmland in California’s central valley in 1978 as a hedge against inflation. Lynda then took the fruits and nuts of their labor and marketed the heck out of them.

Forbes - This Secretive Billionaire Makes The Cheese For Pizza Hut, Domino's And Papa John's 10min

His laser focus on large pizza chains has allowed him to control as much as 85% of the market for pizza cheese and somehow sell simultaneously to a set of customers — Pizza Hut, Domino's, Papa John's and Little Caesars — that try to cut each others' throat in every way that doesn't involve where they buy their milk products. Dominating the market has its advantages: He's able to invest in technology that no run-of-the-mill dairy farmer ever could, resulting in more than 50 patents —and an estimated 7% net margin, which dwarfs the dairy-industry average. ... Quality is listed first intentionally. It's easy to mock his product (Frankencheese, anyone?), but Leprino Foods is one of the few dairy giants that have never had a recall. Every Monday at 11:30 a.m., Leprino walks down to the test kitchen along with two dozen of his most trusted executives for the weekly Monday Melts meeting like the one I attended. The executives test samples of the cheese produced for some 300 clients in 40 countries and check every complaint received the week before. ... Price has long been Leprino's biggest advantage, and a large one since cheese accounts for about 40% of a pizza's cost. Leprino's scale begat better prices, which begat more scale. And that scale also led to cost-saving breakthroughs that Leprino's fragmented competitors could neither catch up with technologically nor fight in patent court.