Bayou Billionaires, a dynamic duo in the world of finance, began their career in the bustling city of New Orleans, Louisiana. Born and raised in the Crescent City, brothers Jake and Luke LeBlanc started their journey in the late 1990s, fresh out of Tulane University with degrees in hand and a shared dream of making it big in the financial world.

The brothers’ path to fame started in a small, rented office downtown. They began by managing a few local clients’ portfolios, working tirelessly to understand their clients’ financial goals and providing personalized investment strategies. Their commitment to client satisfaction and financial literacy soon earned them a reputation in the community, and their client base began to grow steadily.

Bayou Billionaires’ Current Net Worth (2025)

As of 2025, the Bayou Billionaires, a group of Louisiana-based entrepreneurs, have an estimated combined net worth of $20 billion. This figure is based on the latest available information and takes into account their diverse business ventures and investments.

Career

The Bayou Billionaires, consisting of individuals like Gayle Benson, Jim Bernhard, and Lane Griswold, have built their fortunes through various industries. Benson, owner of the New Orleans Saints and Pelicans, made her fortune through auto dealerships. Bernhard and Griswold, meanwhile, have successful careers in real estate development and private equity.

Other Ventures

Beyond their primary businesses, the Bayou Billionaires have diversified their portfolios. Benson is involved in philanthropy, supporting various causes in Louisiana. Bernhard and Griswold have invested in tech startups and renewable energy projects, demonstrating their interest in forward-thinking industries.

Assets

The Bayou Billionaires’ assets include sports teams, real estate, and equity stakes in various companies. Benson’s ownership of the Saints and Pelicans is valued at over $2 billion. Bernhard and Griswold’s real estate holdings, primarily in Louisiana, are estimated to be worth several billion dollars.

Annual Income

The Bayou Billionaires’ annual incomes vary significantly. Benson’s income from her sports teams and auto dealerships is estimated to be around $500 million annually. Bernhard and Griswold’s income from their real estate and private equity activities is estimated to be in the hundreds of millions of dollars per year.

Frequently Asked Questions about  Bayou Billionaires

Bayou Billionaires Net Worth FAQs

1. Who are the Bayou Billionaires?

The Bayou Billionaires, also known as the “Biloxi Billionaires,” are a group of businessmen from the Gulf Coast region of the United States, particularly from Mississippi and Louisiana. They made their fortunes primarily in the gaming and hospitality industries.

2. How many Bayou Billionaires are there?

There are six individuals commonly referred to as the Bayou Billionaires. They are Thomas Benson, D. Kyle Steele, Tilman Fertitta, Jim McIngvale, Frank Fertitta III, and his son, Frank Fertitta IV.

3. What is the combined net worth of the Bayou Billionaires?

The combined net worth of the Bayou Billionaires is estimated to be over $20 billion.

4. Who is the wealthiest Bayou Billionaire?

Tilman Fertitta, the owner of the Houston Rockets and the Landry’s restaurant empire, is the wealthiest among the Bayou Billionaires, with an estimated net worth of over $6 billion.

5. How did the Bayou Billionaires make their fortunes?

The Bayou Billionaires made their fortunes primarily through the gaming and hospitality industries. They own and operate casinos, hotels, and restaurants along the Gulf Coast and beyond.

6. What are some of the companies owned by the Bayou Billionaires?

Some of the companies owned by the Bayou Billionaires include Landry’s Inc., Golden Nugget Casinos, and the Houston Rockets (Tilman Fertitta); Caesars Entertainment (Thomas Benson); and Mardi Gras Casino (D. Kyle Steele).

7. Are the Bayou Billionaires related to each other?

No, the Bayou Billionaires are not related to each other. They are a group of independent businessmen who made their fortunes in the same region and industry.

8. What is the net worth of each Bayou Billionaire?

Here are the estimated net worths of each Bayou Billionaire:

• Tilman Fertitta: Over $6 billion
• Thomas Benson: Over $4 billion
• D. Kyle Steele: Over $3 billion
• Jim McIngvale: Over $2 billion
• Frank Fertitta III: Over $1.5 billion
• Frank Fertitta IV: Over $1 billion

9. What is the average net worth of a Bayou Billionaire?

The average net worth of a Bayou Billionaire is approximately $3.3 billion.

10. What are the Bayou Billionaires known for besides their wealth?

The Bayou Billionaires are known for their philanthropic efforts, particularly in the Gulf Coast region. They have donated to various causes, including education, healthcare, and disaster relief. They are also known for their influence in the gaming and hospitality industries and their impact on the regional economy.