Duncan Williams is a member of the board of trustees of the Houston Zoo and the Houston Museum of Natural Science. She is the Chairwoman of Enterprise's board of directors. Levy sold the magazine to Indiana-based Emmis Communications in 1998, and that company sold it in late 2016 to Hobby. Astros GM Dana Brown sees bright future for top prospect Drew Gilbert, This is how astronauts see Houston, Texas Gulf from space with unaided eyes, Roger Clemens makes surprise appearance at Astros' Spring Training, Texas lawmaker files bill to make menstrual products tax free, Proposed Texas bill would offer 12 weeks of paid family leave, Heres how you can watch 'Daisy Jones and the Six', Texas tornados destroy homes, leave 300,000 without power, Texas Republican wants to ban access to abortion websites. She is chairwoman of Houston-based Enterprise Products Partners, the pipeline giant founded by her father, and owns Austin-based Texas Monthly magazine. When she gives money, shes selective and wants to ensure it will be spent appropriately. Medicine and education are Duncan's pet causes. Randa Duncan Williams - Forbes 18 on the Forbes list with a net worth of $15.5 billion. Their net worth: $247 billion. Randa Duncan Williams Vice President 1996 - present. The companys annual sales are around $28 billion. The impending takeover of HISD by the TEA dates back to 2019, when Wheatley High School triggered a state law by failing to meet accountability standards for seven consecutive years. 1This 123-Day Report of Registration for apresidential general election is the second report of its kind; therefore, its data is being compared to the first 124-Day Report of Registration on July 7, 2016, and the 154Day Reports of . He was only half kidding. And You Thought Feral Hogs Were Bad. Shes highly engaged and not a passive donor, he said, not just throwing money at a cause without knowing the specifics of how it will be allocated. Current Climate: Big Techs Massive Carbon Footprint, Xavi Speaks On FC Barcelonas Defensive Masterclass Against Real Madrid Ahead Of Valencia Clash, How Scott Boras Used Baseballs No-Shift Rule To Get Pay Raises For Underachieving Clients, Manchester City Ready To Sell Bernardo Silva To FC Barcelona And Name Asking Price - Reports, FC Barcelona And Real Madrid Presidents Met To Discuss European Super League Strategy Before El Clasico - Reports, Xavi And Laporta Clash On Raphinha Summer Sale By FC Barcelona - Reports, Friday, March 3. 8. The handoff of ownership becomes official June 30. Duncan's daughter, Williams, has an 8-year-old son who received assistance at the institute in coping with his dyslexia and improving his reading skills. They have looked at the business through every lens. Enterprise Products Partners LP operates as holding company, which engages in the production and trade of natural gas and petrochemicals. Midstream operations, so-called because they involve the transportation, processing and storage of oil and gas, aren't as flashy as punching holes in the ground. She was named executor of her fathers estate when he died. Dan Duncan founded Enterprise Products Partners in 1968. As one of the two largest companies of its kind in the nation, Enterprise boasts more than 32,000 miles of onshore and offshore pipelines and nearly 175 million barrel equivalents of natural gas and natural gas liquids storage capacity. Only pipeline magnate Rich Kinder, with a net worth of $7.3 billion, outranks them. The Basses hold down the No. Randa Williams lives in Houston, TX; previous city include La Porte TX. In most of the nation's largest cities, mayoral elections are officially nonpartisan.However, many officeholders are affiliated with political parties. EPCO, Texas Monthlys new parent company, also owns various commercial real estate and ranching ventures, as well as a substantial stake in Enterprise Products Partners. People in the industry say he has no ego. "Giving to the community is a way to make a difference. While the privately held magazine doesnt publicly discuss its finances, Goodgame said the last few quarters were spent taking this great storytelling brand and extending it from print, which is still very important to us but we want to take that same storytelling out to the newer platforms where audience is growing, and where revenue is growing, and where Texans want to get their storytelling these days.. 11 on the Forbeslist.). Citing the Bible, Jan Duncan said it's important "not to draw attention to oneself, to do good quietly.". In 1995, Duncan waged his own battle with prostate cancer. "I tell them no. Randa and Charlie Williams at the Audrey Hepburn Society Ball at the . Reflects change since 5 pm ET of prior trading day. Besides the Double D ranch, the Duncans have two houses a vacation home in Santa Fe, N.M., and a 35,000-square-foot colonial style plantation house in River Oaks, complete with wine cellar, pool house, old European tapestries and furniture, linen-fold paneling and hand-painted, biblically themed Delft tiles. The Grenadier 4X4 combines British spirit and design with German engineering rigour. Its rattlesnake season in Texas. She previously served on the board of directors of Encore Bancshares. My signaling was always, Lets complete the process of change first. Early this year, he said, the company retained Goldman Sachs to assist in a potential sale and identified multiple potential bidders who could be good stewards of the brand for the long term. By the time she discovers the truth about Toms life, it may be too late to go back. People consume storytelling more than they ever have, Goodgame said. . They were very young children when their father famously founded Enterprise Product Partners with $10,000 and a couple of propane trucks. Author John Graves Was a Literary Godfather to Texas Monthly, Red McCombs Turned Old San Antonio on Its Head, Attorney General Ken Paxton Agrees to Apologize and Pay $3.3 Million to Whistleblowers, Running Into Fire: The Legacy of Jeff Blackburn. "People sometimes ask me if I had to do it over again, would I do something different," said Duncan, reflecting on his career during a recent return flight from his ranch. The net worth of each heir exceeds $5 billion. Williams is the only one of four. TikTok Is Banking On Project Texas to Avoid a U.S. Ban. This is a carousel. time of the 2009 Sale, by Duncan and members of his family. I remember Randa as being very engaged and politically active, Stein said. The Petrochemical & Refined Products Services segment offers propylene fractionation, butane isomerization complex, octane enhancement, and refined products. They have looked under every rock. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. If you fill out the first name, last name, or agree to terms fields, you will NOT be added to the newsletter list. Charles Butt is chairman and CEO of the H-E-B grocery chain, based in San Antonio and parent company of Dallas-based Central Market. It made for tough times for Duncan, whose business philosophy was all about growing the company. The Natural Gas Pipelines & Services segment stores and transports natural gas. Services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and marine terminals; crude oil gathering, transportation, storage and marine terminals; petrochemical and refined products production, transportation, storage, and marine terminals and related services; and a marine transportation business that operates on key U.S. inland and intracoastal waterway systems. Duncan was part of an illustrious Houston philanthropic . Profession. I knew about her passion for the brand, Hobby said, and it was a logical conclusion that she would be interested., From that point on, the sale process involved a rigorous review of the business by Williamss team, Brown said. Dannine Avara - Forbes The four Bass brothers Sid, Edward, Robert, and Lee each inherited $2.8 billion from their oil tycoon uncle Sid Richardson after his death in 1959. Forbes estimates shes worth about $68 billion, making her the richest resident of Texas and the richest Walton heir. Investors are already flocking there for a chance at 1,000%+ returns. Both Taliaferro and Hobby have repeatedly denied that any such deal took place. A spiritual woman who'd listen raptly to religious programs on the radio, she became Duncan's greatest influence. The company now owns close to 50,000 miles of energy pipelines and natural gas processing plants, as well as a large . "He was smart, but I remember him mostly as an outstanding person nice, very well-liked, impeccably behaved," said Yvonne Wedgeworth, a high school classmate who still lives in Center. Randy Duncan - Wikipedia Today, though his international hunting trips are largely behind him, he looks as trim and fit as ever. That $247 billion sum represents close to half of Walmarts annual revenue and is equivalent to the size of Chiles economy. Randa Williams is 61 years old and was born on 08/28/1961. He thought that such a new business niche could make him a profitable living. Members of St. Theresa Catholic Church in Memorial Park, the couple say they're shy, more comfortable working behind the scenes than in the limelight. Randa also answers to Randa Duncan Wil, Randa D Williams, Randa L Duncan-williams, Randa Duncanwilliams and Randa Duncanwil, and perhaps a couple of other names. 15 among the countrys wealthiest families is the Butt family, with a net worth of $17.8 billion. Linda Duncan - Wikipedia He was dead in a week. The amount paid for what is called the National Magazine of Texas wasn't disclosed. The children Dannine Avara, Scott Duncan, Milane Frantz, and Randa Williams inherited a tax-free $10 billion share of their father's estate following his death in 2010, when the so . Enterprise went public in 1998, creating a master limited partnership, and began making monster transactions $7 billion worth in the next six years when some big companies ran into post-Enron financial trouble and needed to dump some midstream assets. On this Wikipedia the language links are at the top of the page across from the article title. Handout / Texas Monthly Show More Show Less 2 of 11. A Federal Judge in Amarillo Could Effectively Ban the Abortion Pill. The brass at Enterprise Products was busy finalizing a blockbuster transaction in the summer of 2004, when Forbes magazine called with a question about the company's chairman. 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. Randa Duncan Williams is the daughter of the late Dan Duncan, who was the richest man in Houston when he died in 2010. Dan Duncan, who died in 2010, left the fortune he amassed as the co-founder and chairman of Enterprise Product Partners to his four children, Dannine Avara, Scott Duncan, Milane Frantz and Randa Williams. But its message, even if its tough to swallow, is a powerful one that deserves attention, and its delivered strongly by all involved. The company makes money from oil and gas pipelines and the transportation and processing of natural gas liquids from fracking. She can help strengthen the magazine without needing it to be a money maker. Williams joined the family business in 1994 and became president and CEO of Enterprise Products in 2001. Grenadiers meet at the Pacific INEOS Grenadier naming ceremony. 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). "The thing about Dan is that he's so down-home and humble that when you first meet him, it'd be easy to get the impression he's just one of the guys," said Bill Waldheim, president of Duke Energy Field Services, one of Duncan's competitors. A natural with numbers, Duncan quickly rose from accounting to operation and sales to executive vice president. For the second time in less than three years, Texas Monthly has a new owner. Randa is Duncan's eldest child, at 57. About Pacific Gas:Pacific Gas(Hong Kong)Holdings Limited is dedicated itself to provide integrated and yet competitive shipping services for a full range of clean energy and its derivatives by products in the international market, with offices located in Hong Kong, Shanghai, Singapore, and Mumbai. Likewise, Tom aside from the inherently creepy idea of a 34-year-old man pursuing a 17-year-old girl doesnt come across as a monster. Theres a party going on deep in the heart of Texas. Texas Billionaire Heiress Randa Duncan Williams Prefers To Stay Out Of News broke Monday that on Randa Duncan Williams has purchased Texas Monthly magazine from Paul Hobby. She also serves on the boards of trustees for numerous charitable organizations. 9. Williams also made The Houston Chronicle's, Brett Coomer, Houston Chronicle / Staff photographer, Willie Nelson pays lovely tribute to another country legend, Rare photos show 2 ocelots crossing South Texas road, Mayor: HISD has two optionsclose school or be taken over. 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 . On the road frequently in the early years, he still puts in 70- to 100-hour weeks when putting together a deal and admits his life's only regret is not spending more time with his four children. She's very well read, independent-minded and proud of her Texas heritage.". Duncan's rise didn't come without struggles. His children Randa Duncan Williams, Milane Frantz, Dannine Duncan Avara and Scott Duncan inherited a $10 billion estate from Dan when he died in 2010. Written and directed by Jamie Deck, with help from co-writer Audrey Findlay, the film is profoundly difficult to watch, as viewers are witness to a slow-motion train wreck that they are powerless to stop. Houston pitmaster goes viral after hilarious TV interview, Willie Nelson's new album is a lovely tribute to a fellow country legend, Two ocelots were photographed crossing a road in rare South Texas sighting, Turner: TEA is giving Houston ISD two optionsclose school or be taken over. "My idea was to build an asset-based, midstream company that'd serve the industry better than Wanda," Duncan said. In the last year, Enterprise Products Partners insiders bought shares 6 times. Dave Rossman, freelance / For the Chronicle. About Us - The Houston Zoo His eldest daughter, Randa Duncan Williams, acknowledges that he wasn't around that much, but she said that wasn't uncommon among her circle of friends. Major Williams Republican Democratic Los Angeles 2012-2022 Orange 2012-2022 Orange 2021-2022 2012-2021 San Diego 2018-2022 Sonoma 2012-2018 Lassen 2012-2022 . Learn More on Randa Duncan Williams' trading history. Find the perfect randa duncan williams stock photo, image, vector, illustration or 360 image. ("Dub") Andras, 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. She doesn't flaunt her wealth by driving fancy cars or other conspicuously flashy indulgences. Her role is complex, but the novice actor handles everything thats asked of her extremely well. According to the company, Texas Monthlys total audience has grown 76 percent since late 2016. How The Duncan Family Became One Of The Wealthiest Families On The Planet With A Combined Net Worth Of $26 Billion. Why Does He Get to Make That Call? Houston pipeline heirs Dannine Avara, Scott Duncan, Milane Frantz, and Randa Duncan Williams tie for 12th place in Texas and tie for 161st nationally. Learn More on Enterprise Products Partners' active insiders. Copyright 2022. By 1973, it was a $3 million company. The Campaign to Sabotage Texass Public Schools. What Genesis Park brought to us was the investment needed to begin to extend our brand beyond print to the platforms where audiences and revenue are growing, Goodgame said. Genesis Park, a private equity company led by Houstonian Paul Hobby, bought Texas Monthly for $25 million in 2016, presumably to groom the magazine and sell it. Prior to that, she served as managing editor of Poynter.org. Named after the rugged off-road vehicle, the Pacific INEOS Grenadier is a 99,000 CBM VLEC (Very Large Ethane Carrier) and is the latest ship to join the INEOS fleet. Her father, Dan Duncan, was the co-founder of Enterprise Products. Within a year, Enterprise completed the first facility of its now-mammoth complex near the salt domes at Mont Belvieu, 25 miles east of Houston. Randa Duncan Williams, Chairman of the general partner of Enterprise Products, says: At Enterprise we are delighted to work closely with INEOS. PACs. Leave them blank to get signed up. Patricia Sharpe writes a regular restaurant column, Pats Pick, for Texas Monthly. The current estimated net worth of Enterprise. Randa Duncan Williams - Bloomberg Site designed and developed by The MTM Agency. Goodgame and Texas Monthly president Scott Brown will continue to work closely together and will report independently to Williams, as they did to Hobby. That requires resources. from the University of Houston. We report on vital issues from politics to education and are the indispensable authority on the Texas scene, covering everything from music to cultural events with insightful recommendations. The gift dwarfed any previous donation to the Texas Medical Center. Texas Monthly has a new owner. Forbes recently listed Williams as the ninth wealthiest person in Texas. That mindset has continued as a philanthropist, he said. Forbes also ranks her as tied for the 290th richest person in the world. Almost by definition, Enterprise seemed destined to stay under the radar. Randa Duncan Williams is the largest individual Enterprise Products Partners shareholder, owning 974.90M shares representing 44.91% of the company. Looking for a product? Enterprise Products Partners has a market value of $63 billion. Williams was quoted in a release as saying, My family is delighted to provide the resources to support this iconic Texas institution which is nationally recognized for its editorial flair.. Randa enjoys the highest profile among the four Duncan siblings. She spent two decades in, Based in the Texas capital of Austin, Texas Monthly began publishing in 1973 under the leadership of Mike Levy, who sold it in 1998 to Indianapolis-based Ennis Communications. Mimi Swartz is a staff writer based in Houston. Only ConocoPhillips, valued at $68 billion, is larger among Houston-based companies. The company now owns close to 50,000 miles of energy pipelines and natural gas processing plants, as well as a large oil storage facility on the Gulf Coast. A week later, he became ill with fever and chills. She and her 3 siblings each hold an 8% stake in the family business. Randa Duncan Williams and her husband live in Houston, of course. Scott B. By the late 1970s, when Enterprise really started building assets, Duncan could borrow $300 million from the bank. According to its website, it has a, Dr. Patrick Soon-Shiong, the Los Angeles Times, All Rights Reserved Poynter Institute 2023, The Poynter Institute for Media Studies, Inc. is a non-profit 501(c)3. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the RDW Family Trust, except to the extent of her pecuniary interest therein. A Texas history buff owning a magazine about Texas seems like a natural fit. He's taken more than 360 different species, including the Grand Slam of Sheep (the Dall, Stone, Desert and Rocky Mountain Bighorn) and the Big Five of Africa (elephant, rhinoceros, Cape buffalo, leopard and lion, considered the continent's most dangerous animals), both rare achievements. A newspaper article once dubbed her father the invisible billionaire. Duncan Williams prefers the background as well. She inherited $3.1 billion upon the death of her father. 1 of 11. What Randa wants to bring is an acceleration of those investmentsto make the print magazine better than ever and extend that same level of excellence in storytelling across other platforms. The INEOS ethane fleet now consists of twelve vessels including four VLECs, and eight Dragon ships. But they don't attend many functions on Houston's social circuit. The corporate mailing address for Ms. Williams and other Enterprise Products Partners executives is 1100 LOUISIANA 10TH FLOOR, HOUSTON TX, 77002. A self-made man, he started with a $250 loan from his dad and left a charitable foundation with initial assets of $178 million. However, the publication last changed hands in 2016 for $25 million. This is a carousel. "I was enthralled by their vivid descriptions. Randa Williams Net Worth, Biography, and Insider Trading Feeling the call of these locales, I dreamed of traveling to each of them, and resolved to make that dream a reality.". Built in Jiangnan, China and operated by Pacific Gas, the Pacific INEOS Grenadier ismade of approximately 18,000 tonnes of steel and 40,000 metres of piping. Astros GM Dana Brown sees bright future for top prospect Drew Gilbert, This is how astronauts see Houston, Texas Gulf from space with unaided eyes, Roger Clemens makes surprise appearance at Astros' Spring Training, Texas lawmaker files bill to make menstrual products tax free, Proposed Texas bill would offer 12 weeks of paid family leave, Heres how you can watch 'Daisy Jones and the Six', Texas tornados destroy homes, leave 300,000 without power, Texas Republican wants to ban access to abortion websites. Enterprise Products owns over 50,000 miles of energy pipelines, natural gas processing plants and a large oil storage facility on the Gulf Coast. HSTORICAL VOTERI REGISTRATION STATISTICS FOR 123-DAY/154-DAY REPORTS1 FOR PRESIDENTIAL ELECTION YEARS . Williams will be Texas Monthly 's fourth owner since its founding by Mike Levy in 1973. The Austin-based publication is being acquired by an entity owned by Houston investor Randa Duncan Williams, Texas Mon Are ticket costs pricing Houston Astros fans out of Opening Day? Need to know more? Randa Duncan Williams's Enterprise Products Partners shares are currently valued at $24.98B.If you're new to stock investing, . [3] Due to a temporary repeal in the estate tax law for the year 2010, Duncan became, along with her siblings, one of the first American billionaires to pay no estate tax since its enactment. Suddenly, he was being forced to sell assets, cut overhead, arrange payment plans. 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. The Director DefendantRanda Duncan Williams, O.S . Duncan can sneak up on you. City Employees Are Heading for the Exits. And now Randa Duncan Williams is the new owner of the states top magazine, Texas Monthly. 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. Randa Duncan Williams - Director, Enterprise Products Partners Lp. Like her daddy, she prefers to keep a low profile. Weve got somebody who understands that whats required here is patient capital, Goodgame said, someone whos not looking at this as the best risk-adjusted ROI on their next dollar. 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. 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. Hearst Randolph "Randy" Duncan, Jr. (March 15, 1937 - September 27, 2016) was an American gridiron football quarterback and lawyer.. Descendants of Sam Walton and brother Bud Walton own about half of Walmarts stock. Forrest Wilder writes about politics and the outdoors. While 2020 has been a nightmare financially for many, some locals have cashed in. At No. His father, an itinerant pipeliner, died of leukemia when Duncan was 17. "Major companies wanted to do business with companies with significant assets. The Duncan Family is the 21st-wealthiest family in the world, with a combined $26 billion net worth. Chairwoman of Houston-based Enterprise Products Partners, the pipeline giant founded by her father; purchased Texas Monthly in June 2019. I have been an avid Texas Monthly reader since I was a teenager, Williams said in a statement. Heres what you need to know. Of course, until Duncan started Enterprise, midstream operations were handled by the major oil and gas companies themselves.
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