Cody Fortier Net Worth 2026: Rigid Constructors Founder
Cody Fortier founded Louisiana contractor Rigid Constructors and left in 2024 through a $3 million buyout that is now tied up in a legal dispute. No reputable outlet publishes a figure for his net worth.
- Full name
- Cody Fortier
- Profession
- Founder and former CEO of Rigid Constructors
- Nationality
- American
- Source of wealth
- Construction business ownership
In this article
No reputable outlet has published an estimate of Cody Fortier's net worth, and the $7.2 million figure shown here before had no source. What the public record does show is unusual for a private contractor: court filings reported by The Current in Lafayette state that Rigid Constructors, the heavy civil and marine construction company Fortier founded and led, bought back his remaining stake in April 2024 for $3 million and agreed to pay about $6 million for construction equipment. That equipment payment is now the subject of a lawsuit, and the company has made allegations against him that his lawyer calls defamatory.
What is Cody Fortier's net worth?
There is no Forbes, Bloomberg or local business press estimate. The documented transactions give some sense of scale but not a total:
- In April 2022 Fortier sold a 50 percent interest in Rigid Constructors to Settoon Acquisition, according to court records cited by The Current. The price was not reported.
- In April 2024 Rigid redeemed his remaining interest for $3 million and signed a bill of sale for $6 million in construction equipment, the same report says. Fortier's suit claims the equipment money has not been paid.
Without knowing the 2022 sale price, his other holdings, or how the lawsuit ends, any net worth number would be a guess. The old page's figures for his yearly income ($300,000), monthly income and daily income also had no source and have been removed.

Rigid Constructors
Rigid Constructors is a Lafayette, Louisiana, company that does heavy civil and marine construction for public and private clients along the Gulf Coast. Fortier was its owner and CEO. In January 2020 he told the Port of Iberia's board of commissioners that the company was looking for land at the port for its marine construction operations, according to the meeting minutes. The company's projects, listed in a 2024 sponsored feature in 10/12 Industry Report, include earthworks for the Magnolia Power Generating Station in Iberville Parish and rehabilitation of a dredged-material disposal area on the Calcasieu River.
Lafayette drainage contracts
Rigid grew quickly on public drainage work for Lafayette Consolidated Government. The Current, republished by The Acadiana Advocate, reported in May 2022 that Rigid had been paid about $37 million by the city-parish government since the previous November, compared with $1.6 million in the whole prior fiscal year. That total included $3.7 million for removing spoil bank levees on the Vermilion River in St. Martin Parish, work added to a $390,000 as-needed excavation contract that Rigid won as the lowest of five bidders. Experts interviewed for that report said the size of the change raised questions under Louisiana's public bid law. The same report noted a $2,500 campaign contribution from Fortier to the then mayor-president six days before the contract was signed.
The spoil bank job and the Homewood detention ponds became subjects of lawsuits and issues in the 2023 mayoral election, in which Mayor-President Josh Guillory lost, The Current reported in 2025.
Exit from Rigid and the legal dispute
| Date | Event | Source |
|---|---|---|
| April 2022 | Fortier sells 50% of Rigid to Settoon Acquisition | The Current (court records) |
| January 2024 | Rigid names Steve Means CEO, thanking former CEO Cody Fortier | Rigid press release |
| April 2024 | Rigid redeems Fortier's remaining stake for $3 million; signs $6 million equipment bill of sale | The Current, 10/12 Industry Report |
| September 2024 | Fortier and his company, CF LLC, sue Rigid for breach of contract and unjust enrichment over the equipment | The Current |
| Late 2024 | Rigid alleges in a St. Landry Parish court filing that more than $50 million left the company from 2021 to 2023 through mismanagement and misuse of funds under Fortier | The Current |
Fortier denies the allegations. His lawyer, Samuel Masur of the Gordon Arata firm, told The Current the claims were defamatory, that they were raised only after Fortier sued, and that the case is about an unpaid bill of sale. A district judge granted a writ allowing the disputed equipment to be seized and held while ownership is decided, and the local sheriff let Fortier store it on his property. No criminal charges were reported. By the time of the 2025 report, Rigid was majority owned by Settoon Capital. The outcome of the case has not been reported in the sources we found.
Rigid's own January 2024 announcement of the CEO change described Steve Means as a U.S. Army veteran with more than 30 years in civil, electrical and mechanical construction.
Early life, education and family
Reliable sources do not cover Fortier's early life, schooling or family. The earlier version of this page named a high school and a previous business, and described a wife, without any sources; those details have been removed.
Net worth compared
For another contractor profile on this site, see Arthur Samet, whose family firm in North Carolina reported $1.3 billion in 2024 revenue. The earlier version of this page also linked to Heather Cairns.
Why no figure is given
Fortier's wealth is tied to a private company he no longer owns, a buyout whose full value is disputed in court, and equipment whose ownership a judge has not yet settled. The public numbers, $3 million for his remaining stake and about $6 million for equipment, describe transactions, not a net worth. Until the case is resolved or a reputable outlet publishes an estimate, his net worth is unknown.
Frequently asked questions
What is Cody Fortier's net worth?
No reputable outlet has published an estimate. Court filings reported by The Current show Rigid Constructors bought his remaining stake in April 2024 for $3 million and agreed to pay about $6 million for equipment, a payment now disputed in court. The $7.2 million figure once shown here had no source.
Who owns Rigid Constructors?
Cody Fortier founded and led the Lafayette company, then sold 50% to Settoon Acquisition in April 2022. Rigid redeemed his remaining stake in April 2024, and The Current reported in 2025 that the company was majority owned by Settoon Capital. Steve Means became CEO in January 2024.
Why is Cody Fortier in a lawsuit with Rigid Constructors?
In September 2024 Fortier sued Rigid, saying it had not paid about $6 million for equipment under his exit agreement. Rigid responded with allegations of mismanagement and misuse of more than $50 million from 2021 to 2023. Fortier's lawyer calls those claims defamatory, and no criminal charges were reported.
What did Rigid Constructors build for Lafayette?
Rigid did drainage work for Lafayette Consolidated Government, including removing spoil bank levees on the Vermilion River and building the Homewood detention ponds. The Current reported that Rigid was paid about $37 million by the city-parish in several months of 2021 and 2022.
What was Cody Fortier's yearly income?
His income has never been reported. The $300,000 yearly figure that appeared on this page earlier had no source and was removed. His documented financial events are the 2022 sale of half of Rigid and the 2024 buyout of his remaining stake.
Sources
- The Current (Lafayette): https://thecurrentla.com/2025/lcg-drainage-contractor-alleges-ex-ceo-mismanaged-50m-in-company-funds/
- The Current / The Acadiana Advocate: https://www.theadvocate.com/acadiana/news/lafayette-spoil-bank-project-avoided-public-bid-law-netted-contractor-millions-the-current/article_a63ed870-dd1f-11ec-97ef-43915cc24791.html
- Rigid Constructors (Newswire): https://www.newswire.com/news/rigid-constructors-appoints-steve-means-as-ceo-to-lead-future-growth-22232234
- 10/12 Industry Report (sponsored): https://www.1012industryreport.com/uncategorized/rigid-constructors-reinforcing-commitment-to-excellence/
- Port of Iberia District (Louisiana.gov): https://wwwcfprd.doa.louisiana.gov/boardsandcommissions/MeetingMinutes/123_MINUTES%20REG%20MTG%20January%2021,%202020.pdf







