Executives & Business Owners

Butch Resnick Net Worth 2026

No reliable net worth exists for Butch Resnick. Here is what is documented about his supermarket equipment business, Catskills properties and 2023 sentence.

Butch Resnick
Full name
Daniel Resnick
Known as
Butch Resnick
Profession
Owner, Resnick Supermarket Equipment Corp.; real estate developer
Birthplace
Sullivan County, New York, U.S.
Nationality
American
Source of wealth
Supermarket equipment business, Catskills real estate
In this article
  1. What is Butch Resnick's net worth?
  2. Where the money comes from
  3. 2023 federal money laundering case
  4. Early life and education
  5. Family
  6. Age, height and weight
  7. Why there is no reliable figure

No reputable outlet has published a net worth for Daniel "Butch" Resnick, the Sullivan County, New York, businessman who runs Resnick Supermarket Equipment Corp. and has bought and restored dozens of buildings in the Catskills. The $8.8 million figure on older pages has no source, and the previous version of this page wrongly described him as the head of a life insurance company married to Lynda Resnick. Federal prosecutors called him "a multi-millionaire" in a 2023 court filing, but no dollar figure has been published.

What is Butch Resnick's net worth?

Forbes, Bloomberg and Celebrity Net Worth do not cover him. His companies are private, and his real estate is held through entities whose values are not public. His lawyer told a federal court in 2023 that he had grown his father's supermarket equipment firm into a $30 million multistate enterprise, and prosecutors described him as a multimillionaire. Neither statement is a net worth estimate, so this page does not give one.

Butch Resnick
Butch Resnick

Where the money comes from

Resnick Supermarket Equipment Corp.

Resnick grew up in Woodridge and Mountain Dale, dropped out of high school and, at 17, went to work as a laborer at his father's supermarket equipment company in Mountain Dale. He bought the business in the 1990s, according to the Times Herald-Record, and expanded into selling parts and small wares to supermarkets and restaurants and investing in supermarkets and banquet halls. By 2023 his lawyer said he had developed seven more companies, including supermarkets and rental properties, employing about 180 people.

Real estate in the Catskills

After the 2008 housing crash he began buying homes at low prices and renovating them as rentals. Notable projects include:

  • The Sullivan (2009): he bought the former Lodge at Rock Hill and reopened it as a boutique hotel, and renovated the neighboring Bernie's Holiday Restaurant.
  • Apollo Mall (2011–2012): Sullivan County officials chose his plan to redevelop the county-owned mall off Route 17 for a supermarket, discount retail and other uses, and in 2012 he was negotiating the renovation.
  • Mountain Dale (from about 2012): he bought 31 buildings in the hamlet, nearly all vacant, and leased them on favorable terms to galleries, shops and restaurants to draw artists and weekenders, The New York Times reported in 2018.
  • 2025: he paid to restore a historic 12-by-8-foot Mountain Dale mural, according to the Sullivan County Democrat.

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Local coverage has consistently framed his projects as an effort to revive the county's old resort economy. In 2012 he told the Times Herald-Record that Sullivan County had lost its novelty and needed to get it back, and the paper noted that he tended to finish projects he started in a county used to failed promises. He described himself as someone who prefers jeans and sneakers to suits.

2023 federal money laundering case

Resnick was arrested in December 2021 after an FBI sting and later pleaded guilty to operating an unlicensed money transmitting business. According to Westfair Business Journal, an undercover agent posed as a stock schemer in 2019 and 2020; Resnick processed checks and returned the funds minus a 20% fee. In November 2023 U.S. District Judge Cathy Seibel in White Plains sentenced him to six months in prison and two years of supervised release, fined him $100,000, and noted that he had already forfeited $310,800.

His lawyer described him as a pillar of the community who revived neglected Catskills towns by restoring run-down buildings and leasing them on terms that encouraged new businesses. In a letter to the judge, Resnick called it the biggest mistake of his life and said his businesses had been struggling even before the pandemic cut supermarket construction. Prosecutors disputed that, calling it a crime of greed rather than necessity.

Early life and education

Resnick is a Sullivan County native who grew up in Woodridge and Mountain Dale, in the town of Fallsburg. He left high school without graduating. The New York Times described him as 50 years old in November 2018. The old page's claims that he earned bachelor's and master's degrees with "brilliant academic results" and became a life insurance agent were false and have been removed.

Family

No reliable source names Resnick's spouse. The earlier claim that he is married to Lynda Resnick was wrong: Lynda Resnick is the California businesswoman married to Stewart Resnick of The Wonderful Company, an unrelated family.

Age, height and weight

The New York Times described him as 50 in November 2018; his exact birth date is not published. No reliable source gives his height or weight, and the old figures (60 years old, 5 feet 7 inches, 67 kg) were removed.

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Why there is no reliable figure

His wealth sits in private companies and dozens of small-town buildings whose market values are uncertain, and he told the court his businesses had struggled financially. A fine and forfeiture also reduced his assets. Without disclosed financial statements, any precise net worth would be a guess.

Frequently asked questions

What is Butch Resnick's net worth?

No reputable outlet has published a net worth for Butch Resnick; the $8.8 million figure online has no source. Federal prosecutors called him a multimillionaire in 2023, and his lawyer said he built his supermarket equipment firm into a $30 million multistate business, but no net worth was reported.

What does Butch Resnick do?

Daniel "Butch" Resnick owns Resnick Supermarket Equipment Corp. in Mountain Dale, New York, which remanufactures supermarket display cases, and invests in Catskills real estate. He reopened The Sullivan hotel in Rock Hill in 2009 and bought 31 buildings in Mountain Dale.

Who is Butch Resnick's wife?

No reliable source names Butch Resnick's spouse. An earlier version of this page said he was married to Lynda Resnick, which was wrong; she is the wife of California businessman Stewart Resnick and is unrelated.

How old is Butch Resnick?

The New York Times described Butch Resnick as 50 years old in November 2018. His exact date of birth has not been published. The previous claim that he was 60, along with height and weight figures, had no source.

Why was Butch Resnick sentenced?

In November 2023 a federal judge in White Plains sentenced Resnick to six months in prison, two years of supervised release and a $100,000 fine after he pleaded guilty to running an unlicensed money transmitting business in an FBI sting. He also forfeited $310,800.

What is Butch Resnick's yearly income?

His income has not been disclosed, and the earlier $250,000 figure had no source. His earnings come from Resnick Supermarket Equipment Corp., related businesses and rental real estate in Sullivan County, all privately held.

Sources

  1. Westfair Business Journal: https://westfaironline.com/courts/pillar-of-the-catskills-gets-6-months-prison-for-money-laundering/
  2. The New York Times: https://www.nytimes.com/2018/11/03/style/mountain-dale-new-york.html
  3. Times Herald-Record: https://www.recordonline.com/story/business/2012/10/09/county-native-resnick-helps-bring/49361983007/
  4. The River Reporter: https://riverreporter.com/stories/new-face-for-a-county-landmark-the-sullivan-debuts-as-boutique-hotel-in-rock-hill,11050
  5. Sullivan County Democrat: https://www.scdemocratonline.com/stories/mountaindale-mural-restored,184108

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