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Forrest Wilder writes about politics and the outdoors. The way it played out is poetic.. Randa Duncan Williams has a net worth of $7.2 billion. Enterprise Products Partners has a market value of $63 billion. The net worth of each heir exceeds $5 billion. He also gave $35 million to Baylor's new outpatient clinic and $10 million to the Children's Learning Institute at the University of Texas Health Science Center at Houston to create a neurodevelopmental clinic. 11 on the Forbeslist.). She also serves on the boards of trustees for numerous charitable organizations. Duncan Williams is a member of the board of trustees of the Houston Zoo and the Houston Museum of Natural Science. In addition to a more robust web presence, Texas Monthly has introduced new podcasts and new live events such as Texas Monthly LIVE and the annual EDGE: The Texas Monthly Festival. She received . The four children of pipeline mogul Dan Duncan Randa Duncan Williams, Milane Frantz, Dannine Duncan Avara, and Scott Duncan inherited a $10 billion estate from their father when he died in 2010. Enemies are nowhere to be found. At 230 metres it is longer than two American football pitches combined (eight basketball courts). The terms of the sale were not . Williams is now in the company of other wealthy citizens who boast legacy media crown jewels in their holdings, including: The sale is the latest in a line of transactions in which a wealthy citizen swoops in to snatch up a venerate and often faltering brand. Randa Duncan Williams, a Houston billionaire, has purchased the Austin-based magazine. She and her 3 siblings each hold an 8% stake in the family business. Forbes recently listed Williams as the ninth wealthiest person in Texas. Shes very well read, independent-minded and proud of her Texas heritage.. The gas and oil company is still under family control. Randa Williams Net Worth, Biography, and Insider Trading A week later, he became ill with fever and chills. Mimi Swartz is a staff writer based in Houston. Get the Poynter newsletter that's right for you. Citing the Bible, Jan Duncan said it's important "not to draw attention to oneself, to do good quietly.". I cant think of a better steward for the heritage of Texas Monthly, said former Houston Mayor Bill White, whos a close friend. Williams will be Texas Monthly 's fourth owner since its founding by Mike Levy in 1973. Randa Duncan Williams is an American billionaire and the non-executive chairman of Enterprise Products Partners, the pipeline company co-founded by her late father Dan Duncan in 1968 with just a pair of propane delivery trucks. Are insane ticket costs pricing Astros fans out of Opening Day? The Breakfast Klub sues prominent City Hall consultant for fraud, Texas wants to ban delta-8, but veterans are pushing back, Exclusive: Abbott explains push against diversity hiring programs, Lauren Daigle at Houston Rodeo: 'God always has your number', Galveston gets fourth Carnival Cruise Line, UH, Texas A&M removing DEI statements from hiring practices, Man dead, person arrested after suspected homicide in League City, 1960s River Oaks strip center to be replaced by luxe apartments, Houston is the most stressful city to work in, says new study, Houston battery recycling startup ACE partners with China's GGE, CERAWeek is growing with Houstons energy industry, Business calendar of upcoming events in the Houston area, New tech will help you and Siri, Google and Alexa work better. By the late 1970s, when Enterprise really started building assets, Duncan could borrow $300 million from the bank. These 4 Houstonians cash in on Forbes' list of richest American Both Taliaferro and Hobby have repeatedly denied that any such deal took place. Donald Trumps real net worth? He graduated at 16, a four-sport letterman who twice skipped grades even though he said he never brought a book home. About INEOS: INEOS is a global manufacturing company making the raw materials and energy used for everyday life. A self-made man, he started with a $250 loan from his dad and left a charitable foundation with initial assets of $178 million. Of course, until Duncan started Enterprise, midstream operations were handled by the major oil and gas companies themselves. Randa Williams is 61 years old and was born on 08/28/1961. That requires resources. In most of the nation's largest cities, mayoral elections are officially nonpartisan.However, many officeholders are affiliated with political parties. When she gives money, shes selective and wants to ensure it will be spent appropriately. New billionaire owner of Texas Monthly prefers background Most recently, on Wednesday, September 30th, Randa Duncan Williams bought 15,000 shares of Enterprise Products Partners stock. Where does she come from? 2010 - present. The company was founded by Dan L. Duncan in April 1998 and is headquartered in Houston, TX. Her father, Dan Duncan, was the co-founder of Enterprise Products. Williams is the only one of four. Texas Monthly's New Owner - Texas Monthly She is the Chairwoman of Enterprise's board of directors. Stock photos, 360 images, vectors and videos Print ad revenue has declined in the same period. Williams joined Enterprise Products in 1994 and remains the non-executive chairman of the board. Grenadiers meet at the Pacific INEOS Grenadier naming ceremony. If you fill out the first name, last name, or agree to terms fields, you will NOT be added to the newsletter list. Houston looks for new generation of top givers - Chron This chart shows Randa Duncan Williams's buying and selling at Enterprise Products Partners by year and by quarter. West Texans Are Learning What It Means to Live in Bear Country, H-E-Bs True Texas BBQ Restaurant Is Slipping, How Florence ButtNot Her SonLaunched the H-E-B Empire. That mindset has continued as a philanthropist, he said. A major philanthropist like her father, she has focused much of her giving on medicine, education, the arts and cultural institutions, such as the Houston Zoo and the Houston Museum of Natural Science. About Enterprise Products:Enterprise Products Partners L.P. (NYSE: EPD) is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. Outside Spending Groups. She can treat it more like a non-profit. Robert is the wealthiest of the foursome. Her father Dan Duncan became the first American billionaire to pass his fortune tax-free to his descendants due to a temporary repeal of the estate tax law in 2010. The NGL Pipelines & Services segment manages a natural gas processing facility and a related gathering system. Enterprises political action committee may give money primarily to Republicans, but her political science professor at Rice, Robert Stein, remembers Duncan Williams as public policy-minded and decidedly more liberal. Rounding out the Texas contingent on the Forbes list are members of Fort Worths Bass family. This website is published by INEOS on behalf of its businesses. Dan Duncan died of a cerebral hemorrhage at his home in Houston on March 28, 2010. Enterprise Products Partners' insider roster includes Graham Bacon (COO), Carin Barth (Director), Richard Boss (EVP of Accounting), W. Fowler (Co-CEO), John Rutherford (Director), AJ Teague (CEO), and Randa Williams (Director). Theyre looking at it the way you look at something you love and that you want to build and that youre going to be patient with.. She is a major philanthropist who focuses on medicine, education, the arts, and cultural institutions. Wendy Davis Returns to the Texas Capitol and a Whole New Political Landscape. They purchased a total of 65,350 shares worth more than $1,573,730.50. Randa Duncan Williams, Chairman of the general partner of Enterprise Products, says: At Enterprise we are delighted to work closely with INEOS. Forbes estimates shes worth about $68 billion, making her the richest resident of Texas and the richest Walton heir. All Rights Reserved. She and her 3 siblings each hold an 8% stake in the family business. They have one child. For example, preservation of food and clean water; construction of wind turbines, solar panels and other renewable technologies; for construction of lighter and more fuel-efficient vehicles and aircraft; for medical devices and applications; for clothing and apparel; and for insulation and other industrial and home applications. Using a process known as fractionation, Enterprise treats and separates natural gas liquids into individual products such as propane, butane and, especially, ethane. Richard Kinder and 10 other Houston billionaires cash in on Forbes list Randa Duncan Williams Vice President 1996 - present. But leaders at Texas Monthly said their most recent ownership set them up for success and made the purchase attractive for Williams. Based on Enterprise's proxy statement for the deal, the reporter calculated that "this fellow Dan Duncan" had a net worth of more than $4 billion, good for 40th in the magazine's annual ranking of wealthiest Americans. Daniel Vaughn is the countrys first barbecue editor, and he has eaten more barbecue than you have. Lea seems disconnected from everyone and everything else around her, so when she meets Tom (Jonathan Tucker), a man twice her age, he offers a respite from the monotony/drudgery of her daily life. A natural with numbers, Duncan quickly rose from accounting to operation and sales to executive vice president. Outside, 20 species of native and exotic game roam the 5,000-acre spread named the Double D. Duncan's passion for hunting dates to boyhood jaunts for small game in East Texas, but it reawakened in his mid-30s, after a trip to New Mexico to hunt Rocky Mountain elk. Jimmy Carters Peanut-and-Egg Taco Made Quite the Impression on San Antonians. Left-handed batters, hurt by the increasingly popular practice of bunching defenders on one side of the field, are exacting their revenge by signing sweet post-shift contracts. Its products make an indispensable contribution to society by providing the most sustainable options for a wide range of societal needs. Randa and her siblings are among the first American billionaires to pay no estate tax on their inheritance due to a temporary repeal in the estate tax law in 2010, the year Dan Duncan died. Looking for a product? The Grenadier 4X4 combines British spirit and design with German engineering rigour. The companys annual sales are around $28 billion. The process of connecting wells to consumers is one of the most unglamorous but profitable corners of the energy industry. There, all manner of beasts pose majestically lions, leopards, bears, elephants trophies of a lifetime of big-game hunting on every continent but Antarctica. With a law degree from the University of Houston, Williams practiced law for about 6 years beginning in 1988, handling toxic tort cases and property liability cases. Born with a hearing defect in both ears, he speaks very softly, with a clipped Southern accent and difficulty pronouncing his r's and l's. In addition to its name, the ship also carries the Grenadier logo proudly emblazoned on its side. Randa Williams (ne Duncan, born 1960/1961), is an American billionaire heir to the Duncan family fortune (through Enterprise Products, which remains under family control).

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