RAULT RESOURCES GROUP

A native New Orleanian, entered the U.S. Navy upon graduating from Jesuit in 1943, becoming a Lt. (jg). As commander of the USS LCI-549, he participated in the atomic bomb test at the Bikini Atoll in the Pacific. Upon completion of his service in 1946, he entered MIT and graduated with a Bachelor's Degree in Marine Transportation in 1948 with the Compton Award. He then attended Tulane Law School and graduated with an LLB in 1950, Order of the Coif. He practiced Admiralty in Maritime Law until 1960 with the Terriberry Firm and then opened his own company building offshore vessels and semi-submersible drilling rigs. He merged one of these companies with John Laborde to create Tidewater Marine. He then contracted with PeMex to drill a number of wells in Mexico and import oil from Venezuela. On the real estate side, he developed the original Rault Center, the first multi-use 16 story structure in Downtown New Orleans. His real estate developments include apartment complexes and land use in..

Also known as: Rault Resources

Primary location: Lafayette United States