Todd Graves, the founder and CEO of Baton Rouge-born Raising Cane’s Chicken Fingers, is the 293rd richest person in the world, according to this year’s Forbes Billionaires List.
Graves’ net worth clocked in at $9.5 billion this year. This is his second year on the list. Last year, he ranked No. 270 with a net worth of $9.1 billion.
The only other Louisianan on this year’s list is Gayle Benson, the owner of the New Orleans Saints and the New Orleans Pelicans.
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Benson ranked No. 464 with a net worth of $7.1 billion. Last year, she ranked No. 477 with a net worth of $6.1 billion.
The annual Forbes Billionaires List uses stock prices and exchange rates to produce a snapshot of the world’s wealth.
Elon Musk topped this year’s list with a net worth of $342 billion, followed by Facebook founder Mark Zuckerberg at $216 billion and Amazon founder Jeff Bezos at $215 billion.
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In total, there are 3,028 billionaires on this year’s list, 247 more than a year ago. Not only are there more billionaires this year, but they’re “richer than ever,” Forbes says. They’re worth a combined $16.1 trillion, up nearly $2 trillion from 2024.
The U.S. leads the pack with a record 902 billionaires, followed by China (including Hong Kong) at 516 and India at 205.
This story was originally published by Daily Report on April 2. To keep up with Baton Rouge business news, subscribe to the free Daily Report e-newsletter here.