The Kern Water Bank is a public-private partnership which oversees a 32-square-mile water recharge basin in

California California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...

. It sources water from the

Kern River The Kern River is an Endangered, Wild and Scenic river in the U.S. state of California, approximately long. It drains an area of the southern Sierra Nevada The Sierra Nevada ( ) is a mountain range in the Western United States, between ...

, the

State Water Project The California State Water Project, commonly known as the SWP, is a state water management project in the U.S. state of California under the supervision of the California Department of Water Resources. The SWP is one of the largest public water ...

, and the

Central Valley Project The Central Valley Project (CVP) is a federal power and water management project in the U.S. state of California under the supervision of the United States Bureau of Reclamation (USBR). It was devised in 1933 in order to provide irrigation and ...

. It stores underground up to 1.5 million acre feet of water (500 billion gallons). 57% of the bank is controlled by

Stewart Resnick Stewart Allen Resnick (born December 24, 1936) is an American billionaire businessman. Resnick is the wealthiest farmer in the United States. Resnick and his wife, Lynda Resnick, bought The Franklin Mint in 1986 and sold it in 2006. Since 1979 R ...

and

Lynda Resnick Lynda Rae Resnick (born 1943) is an American billionaire businesswoman. Resnick is married to Stewart Resnick, who is her business partner with whom they have their holding company The Wonderful Company. Early life Resnick was born Lynda Rae H ...

, the owners of

Pom Wonderful POM Wonderful, LLC is a private company which sells an eponymous brand of pomegranate juices, pomegranate arils, and teas. It was founded in 2002 by the billionaire industrial agriculture couple Stewart and Lynda Rae Resnick. POM Wonderful is on ...

and Halos oranges. In 2021, their stake was estimated to be worth over $1 billion.

References

External links

Official website
Reservoirs in California {{Agriculture-stub