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re: How many billionaires live in Louisiana?

Posted on 2/3/24 at 10:32 am to
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
66448 posts
Posted on 2/3/24 at 10:32 am to
That’s wild. I had no idea he was THAT wealthy.
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
7467 posts
Posted on 2/3/24 at 11:11 am to
quote:

Kinda blown away that you can get to that number slinging fried chicken fingers…is ozempic a threat to his empire??


I guess it is pretty easy to get to that number when you are selling pinky sized chicken fingers in a box for 20 dollars along with a “magic sauce” that is something you would find at a crawfish boil with a some salt and pepper and Worcestershire sauce thrown in.
Posted by Big Scrub TX
Member since Dec 2013
33460 posts
Posted on 2/3/24 at 11:26 am to
quote:

That’s wild. I had no idea he was THAT wealthy.
Yeah, I was shocked that he had retained that much equity on the eve of the IPO. Very unusual.
Posted by TDTOM
Member since Jan 2021
14612 posts
Posted on 2/3/24 at 11:33 am to
Y'all think Stuller is a billionaire?
Posted by Granola
Member since Jan 2024
471 posts
Posted on 2/3/24 at 11:58 am to
Yes. I think he is over 7 billion. Largest jewelry supplier in the world with Stuller Settings
Posted by GREENHEAD22
Member since Nov 2009
19610 posts
Posted on 2/3/24 at 12:19 pm to
I think he still had a house in LA, LLOG founder could probably be on the list.
Posted by TDTOM
Member since Jan 2021
14612 posts
Posted on 2/3/24 at 12:20 pm to
quote:

Yes. I think he is over 7 billion. Largest jewelry supplier in the world with Stuller Settings


Cot damn. I see his daughter every now and then and you would have no idea.
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
7467 posts
Posted on 2/3/24 at 12:50 pm to
quote:

not only did he still own 90% of the equity, but the company had also paid out distributions of almost a billion dollars just in the past few years. AND is rumored to be going public at around a 5 billion valuation.


No wonder caniacs are nearing 20 dollars.


But I do have to give the man props for a simple menu, and fast service depending on location. Also paying employees decent wages and empowering managers to serve the community. It is something I don’t see our Local McDonald’s do as much. I just wish they did more promotions or offer BOGO after 10 visits instead of just on Fathers and Mothers Day.
This post was edited on 2/3/24 at 12:53 pm
Posted by Roy Curado
Member since Jul 2021
982 posts
Posted on 2/3/24 at 1:41 pm to
Seems like he married a Tulane grad and she kept him here lol
Posted by go ta hell ole miss
Member since Jan 2007
13631 posts
Posted on 2/3/24 at 2:31 pm to
Avie Glazer is a billionaire. He lives in NOLA.
This post was edited on 2/3/24 at 2:35 pm
Posted by boomtown143
Merica
Member since May 2019
6706 posts
Posted on 2/3/24 at 3:01 pm to
Future billionaire here
Posted by go ta hell ole miss
Member since Jan 2007
13631 posts
Posted on 2/3/24 at 3:55 pm to
quote:

The Glazers have leached billions away from my team (Manchester United). They are extremely hated in manchester


They paid $995 million. Man Utd. is now worth $6 billion. Easily a top 15 most valuable franchise in the world. They actually moved up about five or six spots in the last year.
This post was edited on 2/3/24 at 3:59 pm
Posted by slackster
Houston
Member since Mar 2009
85012 posts
Posted on 2/3/24 at 5:08 pm to
I believe Graves is a billionaire, I just don’t believe it’s $7B+.

Goldring was already mentioned but I think Sazerac is one of those under the radar businesses that most Louisianans don’t even know exist.
Posted by thatguy777
br
Member since Feb 2007
2386 posts
Posted on 2/3/24 at 5:18 pm to
Phyllis Taylor is one. There are a few others
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
7467 posts
Posted on 2/3/24 at 6:47 pm to
quote:

Phyllis Taylor is one. There are a few others


What investments does she still have?

Isn’t Taylor Energy pretty much a shell paper company that faces millions in fines and fees for a rig that toppled for Katrina that spilled oil for nearly a decade and a half until company invented a technique to capture the leak and a ship regularly goes out and pumps out the collected oil. They exist as a shell with a pile of trust funds that are to be used with stopping the leak. They are fighting tooth and nail with the feds to keep any insurance proceeds and keep the fines to a minimum.
Posted by Deplorable Duke
Lousyana
Member since Nov 2016
2125 posts
Posted on 2/3/24 at 7:06 pm to
Plural, not possessive
Posted by hottub
Member since Dec 2012
3344 posts
Posted on 2/3/24 at 7:19 pm to
What’s that guy up in Ruston worth?

Posted by TDTOM
Member since Jan 2021
14612 posts
Posted on 2/3/24 at 7:20 pm to
quote:

What’s that guy up in Ruston worth?


Davidson? Probably close.
Posted by hottub
Member since Dec 2012
3344 posts
Posted on 2/3/24 at 7:21 pm to
Yeah that’s it.

Also, a guy from Shreveport owns some of the Falcons. Not sure how much but just 10% will be half way to a Bill.
Posted by Pezzo
Member since Aug 2020
1959 posts
Posted on 2/3/24 at 8:48 pm to
I worked with a guy that went to school with his son. He was invited to the kids birthday one year and they handed out goody bags. Each one had an iPhone in it. I don’t remember how many kids he told me were there. If I remember right he also said the house had no door handles on the exterior.

ETA: meant to reply to TDTOM about stuller
This post was edited on 2/3/24 at 8:52 pm
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