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re: Spinoff- who is the richest person in Louisiana ?

Posted on 4/13/19 at 8:30 pm to
Posted by Dellybelly82
Canton, oh
Member since Mar 2019
543 posts
Posted on 4/13/19 at 8:30 pm to
Owning your own land and making something out of nothing is the truest way of becoming your own master and telling the world to frick off.
Posted by GREENHEAD22
Member since Nov 2009
20580 posts
Posted on 4/13/19 at 8:31 pm to
Unless all their land is paid off which it is not, then the amount they own is mute.
Posted by FightingTigers138
In your thoughts
Member since Dec 2016
5987 posts
Posted on 4/13/19 at 8:31 pm to
quote:

He has a lot more than 3.8 billion. He is in the 25-30 billion dollar range.


What exactly makes up his 25-30 billion dollar worth, and where did YOU get that number.

What are the odds that MrLSU actually responds?
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53115 posts
Posted on 4/13/19 at 8:33 pm to
quote:

Owning your own land and making something out of nothing is the truest way of becoming your own master and telling the world to frick off.

Dudes that own multi billion dollar companies can buy your land and turn it into a goat farm if they want to. Unless the apocalypse happens they hold the upper hand
Posted by Carson123987
Middle Court at the Rec
Member since Jul 2011
67799 posts
Posted on 4/13/19 at 8:33 pm to
quote:

No one ever posts this, but the turner family rakes in big money. They don’t show it. But private company with 5+ billion in revenue and 50+ years of operations.

Edit. I guess someone just posted it.


5bil? around 3bil last time i checked
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 4/13/19 at 8:34 pm to
quote:

Owning your own land and making something out of nothing is the truest way of becoming your own master and telling the world to frick off.



Yea Ill take the billions tied up in liquor over being my own master owning some land i never truly own
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 4/13/19 at 8:34 pm to
quote:


Owning your own land and making something out of nothing is the truest way of becoming your own master and telling the world to frick off.


I Guarantee he has a huge mortgage or 2nd mortgage on that land you think he “owns”
Posted by Dellybelly82
Canton, oh
Member since Mar 2019
543 posts
Posted on 4/13/19 at 8:35 pm to
Not if you don’t sell it to them, they can’t just come take it. Come on fall out, I know your smarter than that.
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 4/13/19 at 8:36 pm to
quote:


Yea Ill take the billions tied up in liquor over being my own master owning some land i never truly own


No doubt.

I bet mr land owner uses all the land as collateral for the other assets he “owns”.
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 4/13/19 at 8:36 pm to
The govt can though. You also pay them a boatload of money every year just to own your own land.
Posted by AA77
Member since Jan 2016
3833 posts
Posted on 4/13/19 at 8:37 pm to
quote:

richest person in Louisiana


quote:

Texas


Posted by Dellybelly82
Canton, oh
Member since Mar 2019
543 posts
Posted on 4/13/19 at 8:37 pm to
quote:

Yea Ill take the billions tied up in liquor over being my own master owning some land i never truly own

To each his own
Posted by FightingTigers138
In your thoughts
Member since Dec 2016
5987 posts
Posted on 4/13/19 at 8:37 pm to
quote:

5bil? around 3bil last time i checked


3bil in Rev probably ranges between +300 mil to -100 mil per year before taxes in net income/loss per year, in that business.
This post was edited on 4/13/19 at 8:41 pm
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53115 posts
Posted on 4/13/19 at 8:37 pm to
quote:

Not if you don’t sell it to them, they can’t just come take it. Come on fall out, I know your smarter than that.

There's always a price. Or they can buy every property surrounding yours.
Posted by GREENHEAD22
Member since Nov 2009
20580 posts
Posted on 4/13/19 at 8:38 pm to
Damn, after running some numbers even if they did own all of their acreage out right they still wouldn't crack the top 10 probably.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53115 posts
Posted on 4/13/19 at 8:39 pm to
quote:

Yea Ill take the billions tied up in liquor over being my own master owning some land i never truly own

Yay property taxes. Some love them on here. Give me a sales tax over property all day every day. Think that you own your house, don't pay your property taxes for a few years. You don't own shite
Posted by Dellybelly82
Canton, oh
Member since Mar 2019
543 posts
Posted on 4/13/19 at 8:40 pm to
You’re missing my point, my rich and your rich is different. It depends on what you value more, I value land more then pieces of fiat currency.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53115 posts
Posted on 4/13/19 at 8:42 pm to
quote:

You’re missing my point, my rich and your rich is different. It depends on what you value more, I value land more then pieces of fiat currency.

Property can be taken too. Unless you are the best armed fella in the region?
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 4/13/19 at 8:42 pm to
quote:

’t sell it to them, they can’t just come take it.


That’s cute
Posted by GREENHEAD22
Member since Nov 2009
20580 posts
Posted on 4/13/19 at 8:43 pm to
I got you. My dream is to own a shite ton of land and farm and ranch. Hopefully I'll end up with 100 acres and a small registered herd for a part time hobby.
This post was edited on 4/13/19 at 8:45 pm
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