birth_place article_title name birth_date
new iberia william s. patout iii
 william schwing `` billy '' patout , iii 15 october 1932
william s. patout iii

william schwing patout , iii , also known as billy patout -lrb- born october 15 , 1932 , in new iberia , louisiana -rrb- , is one of the last living louisiana sugar barons .
his family began operating m. a. patout enterprise in 1832 .
the firm is now run by a non-family member president and board of trustees , but patout himself continues to serve as a member of the board of directors and as a consultant .
the directors remain family members .
