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re: Who are the top 5 wealthiest people in Louisiana?

Posted on 10/31/19 at 10:03 am to
Posted by PapaPogey
Baton Rouge
Member since Apr 2008
39631 posts
Posted on 10/31/19 at 10:03 am to
quote:

It's absolutely Gary Chouest. Most people are oblivious because they don't flaunt it like the Benson's.


The Chouest kids flaunt the frick out of it! Bakers bay, yachts, french riviera, etc.
Posted by SlidellCajun
Slidell la
Member since May 2019
10630 posts
Posted on 10/31/19 at 10:04 am to
No way crosby is close to top 5. He’s got money but he’s no billionaire. I’d guess he’s worth less than 500mil.
Chouest has money and probly worth over a billion.
Goldring is sneaky rich; owns sazerac and they have some bigtime liquor brands in their stable- buffalo trace, pappy, fire ball, taaka, wheatley, southern comfort, mezcal.
Coleman is probably a billionaire
Benson is over 2 billion
Cenac is probably not a billionare but could reach it- he’s fairly young.
Cannizaro has big money but not sure where he stands.
Jim bernhard - sold shaw for 3 billion

I won’t mention a certain northline guy
I won’t mention a certain audubon place guy either

They know who they are and they know they ain’t on the list
Posted by glassman
Next to the beer taps at Finn's
Member since Oct 2008
116252 posts
Posted on 10/31/19 at 10:04 am to
quote:

Gayle Benson Bill Goldring Avram & Jill Glazer Boysie Bollinger Jim Bernhard


Good list. Another person who flies under the radar is Boatner Reily. The Glazers don't live here year round, but he owns Manchester United and the Tampa Bay Bucs.
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 10/31/19 at 10:05 am to
quote:

Mr Goldring


This

quote:

but you've probably never heard of him....


and this
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 10/31/19 at 10:06 am to
quote:

Chouest


Gary doesnt live in Louisiana.
Posted by Hangover Haven
Metry
Member since Oct 2013
26955 posts
Posted on 10/31/19 at 10:07 am to
quote:

Mr Goldring.... but you've probably never heard of him.....


Goldring's name is plastered all over Touro Infirmary...

Posted by LSUcdro
Republic of West Florida
Member since Sep 2009
11176 posts
Posted on 10/31/19 at 10:07 am to
Goldring, Chouest
This post was edited on 10/31/19 at 10:08 am
Posted by Fun Bunch
New Orleans
Member since May 2008
116953 posts
Posted on 10/31/19 at 10:09 am to
quote:

From 2018


Gayle Benson's wealth is well known because it needed to be reported.

Chouest and people like that can keep their numbers private.

But Chouest is very wealthy, and the Goldring family is probably wealthier than Gayle, for sure.
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 10/31/19 at 10:10 am to
quote:

rebuilt it back within 5 years, plus has more businesses that most people dont know he owns.



Benny isnt worth anywhere near over $1b

He sold his company to Enterprise and made a killing and rebuilt it within 5 years and resold it again to Kirby....BUT...when he resold to Kirby he had much more debt than the first time he sold to Enterprise.

quote:

plus has more businesses that most people dont know he owns


He still owns Main Iron works and Golden Ranch Farms in Gheens

He also just got busted smuggling over 20,000 alligator eggs from Florida...well he didnt....but one of his drivers did
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 10/31/19 at 10:12 am to
quote:

Is Crosby anywhere near this list?

Posted by bayoudude
Member since Dec 2007
25000 posts
Posted on 10/31/19 at 10:14 am to
Tgrbaiting08

There is a good chance we know each other...

We had one of the businesses bought out by Big C
Posted by MSTiger33
Member since Oct 2007
20457 posts
Posted on 10/31/19 at 10:15 am to
List changes based on whether I am in town or not
Posted by txbd
Valhalla
Member since Jan 2014
2238 posts
Posted on 10/31/19 at 10:15 am to
quote:

I bet our next governor is on that list.



not even close
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 10/31/19 at 10:16 am to
quote:

the Chouest family goes to great lengths to keep their affairs private. I can assure you their net worth is wayyy over 2.9 billion.



bruh....Chouest has over $1.5b worth of offshore vessels tied up not making any money right now......his debt to revenue ratio is upside down....he's been hemorrhaging money for the past 5 years.
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 10/31/19 at 10:20 am to
quote:

bayoudude



quote:

We had one of the businesses bought out by Big C



I dont think I know you but I know what business you're talking about....I've seen you mention it a time or two...
Posted by dj30
New Orleans
Member since Feb 2006
28747 posts
Posted on 10/31/19 at 10:31 am to
Is he still in the Miami area?
Posted by TheEnglishman
On the road to Wellville
Member since Mar 2010
3119 posts
Posted on 10/31/19 at 10:31 am to
Probably Matt Stuller
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 10/31/19 at 10:35 am to
quote:

Is he still in the Miami area?



Palm Beach

Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73729 posts
Posted on 10/31/19 at 10:38 am to
quote:

his debt to revenue ratio is upside down....he's been hemorrhaging money for the past 5 years.


If the debts were paid off then he is only losing the depreciation. Which creative math can absolve. Except for the true depreciation, which maintenance is the cost.
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 10/31/19 at 10:42 am to
quote:



If the debts were paid off then he is only losing the depreciation. Which creative math can absolve. Except for the true depreciation, which maintenance is the cost.


the one good thing is that he owns the shipyard that built the vessels....he also owns the dock and property where he has all his vessels stacked.

They keep all their vessels in very good condition and maintain them to the best standards in the industry...even the stacked ones.

But, port risk insurance on over 40 vessels that arent making a dime has got to be expensive.
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