fˈɑːloʊɪŋ hɪz dˈɛθ ɪn tˈuː θˈaʊzənd fˈoːɹ, hɪz wˈaɪf fˈɪliz tˈeɪlɚɹ ɐsˈuːmd ˈoʊnɚʃˌɪp ænd bɪkˌeɪm ðə tʃˈɛɹwʊmən ænd sˌiːˌiːˈoʊ—mˌeɪkɪŋ hɜː ðə wˈɛlθiɪst wˈʊmən ɪn luːˌiːzɪˈænə.
Following his death in 2004, his wife Phyllis Taylor assumed ownership and became the chairwoman and CEO—making her the wealthiest woman in Louisiana.