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Rendevoustavern
LSU Fan
First floor Ourso
Member since May 2018
426 posts

re: Louisiana has 77 people that have a $100,000,000+, who would you say is on this list?
Tom Kitchen, CEO of Stewart, got a cool 9 figure pay day as well.


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darnol91
Montana Fan
Member since Jun 2015
737 posts

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

Whom ever owns MMR...Bruser family?

CEO of Brown & Root...A. Dupuy?

Who owns Cajun Constructors?

Family of guy who owned Amedisys, but drowned @ Mallard Lakes during 2016 flood.

One of Price Leblanc’s heirs?


The R in MMR is Rutland, Pepper Rutland. He's definitely on the list since he took the original one public then rebuilt it into close to a billion dollar revenue company/year. Bruser is a shareholder, I'm pretty sure, but not on that level.

Also, one of the owners of performance contractors, Im pretty sure, still has residency in Louisiana, MMR has a good bit of shareholders (at least 20, with Rutland being the majority) Performance is the exact same size, if not larger, and only has two.

I dont' know about Brown and Root.

I don't know the cap structure of Cajun, but if they have several shareholders I doubt any of them approach the 100MM mark even with equity. However, if there are only a few (2-3), it's possible.

I also doubt Rispone is on the list. Per some random article I found ( LINK ), he's well below that level. Rispone's company, ISC Group, with an estimated revenue of 31.8MM ( ISC Revenue )pails in comparison to MMR which is sitting pretty at ~$650MM ( MMR Revenue ) So I seriously doubt Rispone makes the list.

ETA: Also, I don't know if he's been mentioned, but depending on when this list of 77 was created, Im sure Glen Post (Ex-CEO of centurylink and in the Post, like the Cereal, family) was/is on it. I seriously doubt he still lives in Monroe, though. The new CEO, Jeffrey Storey, could potentially be on it as of right now. He's definitely approaching the $100MM mark. If he isn't there yet, I'm sure he will be in a few years since he is a new CEO as of 2018 and his stock options probably haven't vested yet.

Most of us are discussing state business leaders, but I'd bet a good bit of that list of 77 is made up of white-trash oil money in the shreveport area along with some of the larger farmers in the state. By large I mean at-least 8000 Acres - I dont' think you could make it on the list with just 5000.

Allen Jenkins of Alexandria could well be on the list. He's nothing but an a-hole drunk, but the dude has serious deep pockets. There's also a wealth manager in Alexandria that sold his ~1000 employee company, in a different state, to Citi Bank in the 90s. He MAY be on this list, but he's one of those guys you would never have a clue.

As others have states, James Davison is certainly on the list.

Final Edit: The Bossier family in Alexandira could also potentially be on the list. They own Diamond B construction which is approaching $100M/year in revenue. Id imagine, depending on valuation model used, the equity in that company plus actual liquid worth is coming close to that mark.
This post was edited on 1/14 at 9:38 pm


GREENHEAD22
LSU Fan
Member since Nov 2009
13635 posts

re: Louisiana has 77 people that have a $100,000,000+, who would you say is on this list?
There is still some Biedenharns around that may make the list.


Broyota2
LSU Fan
Member since Nov 2010
10113 posts

re: Louisiana has 77 people that have a $100,000,000+, who would you say is on this list?
I don’t think there is, that fortune is split up between a lot of them. With all the assets they have I could very well be wrong.


KiwiHead
LSU Fan
Auckland, NZ
Member since Jul 2014
11490 posts

re: Louisiana has 77 people that have a $100,000,000+, who would you say is on this list?
What about the EJ Ourso heirs, the have to be up there


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Geauxld Finger
LSU Fan
Baton Rouge
Member since Jan 2005
28497 posts

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


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socks and sandals
LSU Fan
Lou-z-an-r
Member since Aug 2004
790 posts

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

Mike polito (MAPP construction)


The only list he's on is the $100m in debt list


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Dominate308
Citadel Fan
Baton Rouge
Member since Jan 2013
518 posts

re: Louisiana has 77 people that have a $100,000,000+, who would you say is on this list?
Hill Oil Company is probably several of them. The Knight family from Lafayette is good for a few.


GREENHEAD22
LSU Fan
Member since Nov 2009
13635 posts

re: Louisiana has 77 people that have a $100,000,000+, who would you say is on this list?
Knight no longer exits and they literally lost all of their money.

Mosings are I would think.
This post was edited on 1/15 at 1:08 pm


saralsim
LSU Fan
Member since Mar 2009
120 posts

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


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Midtiger farm
Member since Nov 2014
1824 posts

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

larger farmers in the state. By large I mean at-least 8000 Acres - I dont' think you could make it on the list with just 5000.


Net Worth? Farmers take on a lot of debt

Maybe 1 or 2 that own at least 10000 acres free and clear


GREENHEAD22
LSU Fan
Member since Nov 2009
13635 posts

re: Louisiana has 77 people that have a $100,000,000+, who would you say is on this list?
That varies greatly, at the end of yr after a good harvest yes. Going into the following planting season no.



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treysnaves
Member since Oct 2011
647 posts

re: Louisiana has 77 people that have a $100,000,000+, who would you say is on this list?
Damn didn’t know Morris Bart has that much cheddar


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