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re: Richest man in New Orleans according to Forbes

Posted on 7/20/16 at 2:58 am to
Posted by Kcrad
Diamondhead
Member since Nov 2010
54771 posts
Posted on 7/20/16 at 2:58 am to
eff that click bait shite.
Posted by VOR
Member since Apr 2009
63431 posts
Posted on 7/20/16 at 7:44 am to
quote:

"Again I tell you, it is easier for a camel to pass through the eye of a needle than for a rich man to enter the kingdom of God.”


Maybe, but I'd be willing to give it a shot.





And Benson is wealthier than Gary Chouest.
Posted by jralspanky
Fargo - Home of NDSU Bison
Member since Apr 2009
1479 posts
Posted on 7/20/16 at 7:44 am to
When Edison Chouest died in 2008 at the age of 91, he probably left the business to his three sons, Gary, Laney, and Edison Jr. All three boys worked in the business when they were growing up, but Gary was chosen to run the company when Edison stepped down. So Gary probably owns at least a third of Edison Chouest ($1.6 billion), and probably has investments that total several hundred million. He's worth, at a bare minimum, $2 billion. He very well could be worth a lot more - the company is likely worth far more than $5 billion, the CEO probably has a higher share of the company than his other two brothers, and Gary probably has enormous sums of money in investments and capital. To put his wealth into perspective, he's worth anywhere between Mavs owner Mark Cuban ($2 billion) and Blazers owner Paul Allen ($13.5 billion).
Posted by Tigers_Saints
Member since Jun 2016
949 posts
Posted on 7/20/16 at 8:25 am to
quote:

So Gary probably owns at least a third of Edison Chouest ($1.6 billion), and probably has investments that total several hundred million. He's worth, at a bare minimum, $2 billion


You can't possibly say he owns at least 1/3. That's ridiculous and isn't how it works

And next time, link the article you're copying from

LINK

quote:

[ed. note- Thanks to At the Hive member 'Brian Ball' for this post introducing the Hornets' new owner. He'll also be posting later this week about the value of an owner's net worth vs. expected team salary and wins.]


This post was edited on 7/20/16 at 8:34 am
Posted by WeeWee
Member since Aug 2012
40087 posts
Posted on 7/20/16 at 8:58 am to
quote:

Benson is richest in Louisiana if I remember correctly



No, he is the richest that allows his net worth to be published.
This post was edited on 7/20/16 at 8:59 am
Posted by Nissanmaxima
Member since Feb 2006
14928 posts
Posted on 7/20/16 at 9:00 am to
From what I hear Chouest has been losing millions per day with all their boats sitting in the docks.

And yes Chouest still has frick you money but he ain't worth no 2.2 billion.
Posted by SippyCup
Gulf Coast
Member since Sep 2008
6138 posts
Posted on 7/20/16 at 12:24 pm to
During the bidding process for the Hornets the potential owners go through a significant vetting process. Their assets are essentially wide open for scrutiny to a select few individuals. Without going into any further details as to what and how I know, I can guarantee that, at the time and according to the NBA, Chouest was worth significantly more than Benson.
Posted by Jones
Member since Oct 2005
90442 posts
Posted on 7/20/16 at 12:51 pm to
quote:

From what I hear Chouest has been losing millions per day with all their boats sitting in the docks.



Plenty of the boats are stacked up in Fourchon but plenty are also under contract.

quote:

And yes Chouest still has frick you money but he ain't worth no 2.2 billion.



The bolded part above kind of proves this 2.2 billion quote to be false.

Looks like no one really knows what he is worth
Posted by chRxis
None of your fricking business
Member since Feb 2008
23480 posts
Posted on 7/20/16 at 3:52 pm to
quote:

Looks like no one really knows what he is worth

i grew up playing basketball with Ross, and their adopted son, Clarence... i was around the family quite a bit during tournaments and shite... they are rich as frick, but if i were to guess, i'd put the value of Gary's fortune around 1.5-2 billion... he's close, and like we've said, he's definitely got frick you money, but Benson still has the #1 spot locked up...
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65517 posts
Posted on 7/21/16 at 11:29 pm to
quote:

Benson
I didn't realize there was that kind of money in syndication.



I've dealt with Laney Chouest, that's a straight-up down-to-earth hombre rat dere.
Posted by Drillingman
Member since Feb 2015
1051 posts
Posted on 7/22/16 at 8:23 am to
Ok..... I Get It.

Benson has money....this just in.
Posted by Honest Tune
Louisiana
Member since Dec 2011
15515 posts
Posted on 7/22/16 at 11:38 am to
...tits are fun to look at.
Posted by Carville
Sunshine, LA
Member since Jun 2014
5321 posts
Posted on 7/24/16 at 3:29 am to
Wow, New Orleans' richest is a San Antonio guy.
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