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re: Louisiana has 77 people that have a $100,000,000+, who would you say is on this list?

Posted on 1/11/20 at 7:16 pm to
Posted by Sweltering Chill
Member since Aug 2017
2150 posts
Posted on 1/11/20 at 7:16 pm to
quote:

Only 77? That number seems low



You think it would make sense for more than 77 people in Louisiana to be worth over $100 million?? What kind of state do you think Louisiana is? $100 million is a helluva lot of money, i’m kinda surprised that that many people in this relatively small, poor state have that type of cheddar.
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 1/11/20 at 8:05 pm to
quote:

You think it would make sense for more than 77 people in Louisiana to be worth over $100 million?? What kind of state do you think Louisiana is? $100 million is a helluva lot of money, i’m kinda surprised that that many people in this relatively small, poor state have that type of cheddar.



There is no possible way to even come close to an accurate number.

77 is such a random number.

They must be basing that number off of public info and public investor and stock info.

There’s so much more private money in this state than you’d ever realize.

One factor is the amount of private property owned by the wealthy in this state that will never ever be sold. The one problem holding this state back as far as economic growth is mineral rights. If La would let original owners have life time mineral rights like Mississippi, we would see much more infrastructure and growth.
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