14. Randa Duncan Williams is Chairman at Enterprise Products Co. See Randa Duncan Williams's compensation, career history, education, & memberships. Astros GM Dana Brown has more praise team's top prospect, This is what Houston looks like from space, MLB legend makes surprise appearance at Astros' Spring Training, Meet the Astros prospect tearing up Spring Training, Report: Houston ranked No. Williams is the only one of four siblingsall of whom inherited equal stakes in the companyinvolved in running the family business. "What's unique, besides your assets and staff, is your relationships. The EIN for the organization is 59-1630423. Bring on the Shiplap. 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. 30 spot with a net worth of $10.8 billion. This is a carousel. Prior to joining Enterprise in 1994, Randa practiced law with Brown, Sims, Wise & White and Butler & Binion. To keep in shape for the hunts, Duncan would walk up and down the stairs at work, as many as 200 flights a day. Dan Duncan founded Enterprise Products Partners in 1968. Tucker is also well-suited for his part, coming off as non-threatening but still persuasive. She's in the news recently as she just bought her home state's top magazine, Texas Monthly. [7], In 2013, Williams was elected as Enterprise Production Partners' non-executive chairman. If I did it over, I'd never be this lucky again.". Elsewhere in Texas, The Walton family once again reigns as the richest family in the U.S., according Forbes. Where does she come from? Palm Trees and Power Lines opens on March 3 in select theaters. 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. 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 . According to the company, Texas Monthlys total audience has grown 76 percent since late 2016. Its products make an indispensable contribution to society by providing the most sustainable options for a wide range of societal needs. I . Natural gas liquids, or NGLs, are feedstocks for petrochemicals. In addition to its name, the ship also carries the Grenadier logo proudly emblazoned on its side. Dave Rossman, freelance / For the Chronicle. Williams earned a Bachelor's Degree from Rice University. Read him on our breaking news site, Chron.com, and on our subscriber site, houstonchronicle.com. When she gives money, shes selective and wants to ensure it will be spent appropriately. She also serves on the governance and capital projects committees. She sits on the board of the University of Texas Health Science Center where a clinic is named after her father at the Children's Learning Institute. News broke Monday that on Randa Duncan Williams has purchased Texas Monthly magazine from Paul Hobby. Both individuals are. He played college football at the University of Iowa in the Big Ten Conference.He played in two Rose Bowls (January 1957, 1959) and was inducted into the College Football Hall of Fame (1997). In 2018, according to the Forbes 400, Williams, along with two of her siblings. Citing the Bible, Jan Duncan said it's important "not to draw attention to oneself, to do good quietly.". Hobbys group paid $25 million for the magazine in 2016. 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). Hailed by some for the vision to focus on natural gas decades before it overtook oil as a hot commodity, by others for the perseverance to survive the industry's ups and downs, Duncan instead attributes much of his success to chance. By the late 1970s, when Enterprise really started building assets, Duncan could borrow $300 million from the bank. Randa Duncan Williams's Enterprise Products Partners shares are currently valued at $24.98B.If you're new to stock investing, . Randa Williams is 61 years old and was born on 08/28/1961. It's receiving that's harder. But its message, even if its tough to swallow, is a powerful one that deserves attention, and its delivered strongly by all involved. HSTORICAL VOTERI REGISTRATION STATISTICS FOR 123-DAY/154-DAY REPORTS1 FOR PRESIDENTIAL ELECTION YEARS . The company now owns close to 50,000 miles of energy pipelines and natural gas processing plants, as well as a large . Hobby said that he first received interest from potential buyers of Texas Monthly shortly after Genesis Park purchased the magazine. Use our Product finder instead. 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. These Common Units are owned directly by The Randa Duncan Williams 2018 Family Trust (the "RDW Family Trust"), for which Ms. Williams serves as a director of an entity trustee. Political party. The chairman of both Texas Monthly, LLC, and EPCO is Randa Duncan Williams. Randa Duncan Williams is the largest individual Enterprise Products Partners shareholder, owning 974.90M shares representing 44.91% of the company. I have been an avid Texas Monthly reader since I was a teenager, Williams said in a statement. TikTok Is Banking On Project Texas to Avoid a U.S. Ban. Ballotpedia uses one or more of the following sources to identify each officeholder's partisan affiliation: (1) direct communication from the officeholder, (2) current or previous candidacy for partisan office, or (3) identification of partisan . Randa Williams lives in Houston, TX; previous city include La Porte TX. I especially enjoy the longform storytelling that has helped earn the magazine fourteen National Magazine Awardsthe industrys equivalent of an Oscarover its 46-year history. They just do it in many different ways today. On HoustonChronicle.com:Houston billionaire buys Texas Monthly, promising to invest and invigorate National Magazine of Texas, "I have been an avid Texas Monthly reader since I was a teenager," Williams, who will control the magazine through Enterprise Partners Co., said in a statement. The Safari Club International Record Book, which lists the biggest animals ever legally shot, has 550 entries for him. 9. She joined Enterprise in 1994 as vice president. As part of its greenhouse gas emission reduction strategy, there is widespread goal to move to a more circular economy, in which materials are re-used to their maximum extent. "No," replied Randy Burkhalter, Duncan's director of investor relations, "but do you really have to print that?". 18 on the Forbes list with a net worth of $15.5 billion. The family fortune has more than doubled . In its 2020 budget year, Walmart racked up revenue of $524 billion and the company continues to rack up riches for heirs of the retail giants founders. Hearst Randolph "Randy" Duncan, Jr. (March 15, 1937 - September 27, 2016) was an American gridiron football quarterback and lawyer.. The Director DefendantRanda Duncan Williams, O.S . Almost by definition, Enterprise seemed destined to stay under the radar. Palm Trees and Power Lines is not an easy film to watch, and it often goes in directions that viewers may not want to believe. Order books are now open for Europe and other key launch markets. The Dragon ships have been regularly transporting ethane across the Atlantic for over six years. Randa Duncan Williams has a net worth of $7.2 billion. In February this year we launched the Pacific INEOS Belstaff, then the worlds largest ethane carrier, and today alongside our highly anticipated Grenadier 4X4 we have added the second of the worlds largest VLECs to our growing fleet.. She had strong opinions about things.. The amount paid for what is called the National Magazine of Texas wasn't disclosed. 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. Williams joined Enterprise Products in 1994 and remains the non-executive chairman of the board. It provides world class off-road capability and durability to those who depend on a vehicle as a working tool, wherever they are in the world. Thanks to a routine annual physical required by banks "When you owe millions of dollars, they worry about your health," he said it was caught early and, after radical surgery with a nerve-sparing technique, he made a full recovery. Site designed and developed by The MTM Agency. As of February 9, 2023 What is Randa Duncan Williams's Net Worth? Houston investor Randa Duncan Williams pledges to protect the magazines legacy and boost investments in its long-term growth. Robert is the wealthiest of the foursome. Duncan Williams is a member of the board of trustees of the Houston Zoo and the Houston Museum of Natural Science. Chart Data in Insider Trading History Table. Prior to joining the company, she practiced law with the firms Butler & Binion and Brown, Sims, Wise & White. 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. Photo by Bob Levey/Getty Images for U.S. Fund for UNICEF. But it's easy to give. He earned a degree from Massey Business College, then got his start at Wanda Petroleum, a small, independent trucking and underground storage company. INEOS is a Registered Trademark, the property of INEOS Capital Limited. Randa and Charlie Williams at the Audrey Hepburn Society Ball at the . Inside the Bro-tastic Party Mansions Upending a Historic Austin Community. 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. 13. 1 most stressful city for U.S. workers, To get these special tacos, drive out to the Houston Ship Channel, Principal fired for reading 'I Need a New Butt!' Related by financial asset: Enterprise Products Partners L.P. Duncan said he didn't dwell on his grief in those days, he explains, a young child's concept of life and death wasn't what it is now. After a stint in the Army in the mid-1950s he was stationed in Germany doing radio communications Duncan moved to Houston and went back to school. Heres what you need to know. The Campaign to Sabotage Texass Public Schools. Learn More about insider trades at Enterprise Products Partners. Randa Duncan Williams is the daughter of the late Dan Duncan, who was the richest man in Houston when he died in 2010. Hunt, sit at No. Forrest Wilder writes about politics and the outdoors. 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. Randa Williams Duncan enjoys the highest profile among Houston's richest family. 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. Grateful for the treatment he received at Baylor and convinced of the need to move cancer research forward, he gave the medical school $100 million two months ago. Feeling the call of these locales, I dreamed of traveling to each of them, and resolved to make that dream a reality.". 1 of 11. In Palm Trees and Power Lines, Lea (Lily McInerny) is a 17-year-old girl on summer break in Southern California, spending her days lying out in the sun and hanging out with her best friend, Amber (Quinn Frankel), among others. Shes very well read, independent-minded and proud of her Texas heritage.. Williams will be Texas Monthlys fourth owner since its founding by Mike Levy in 1973. 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). I remember Randa as being very engaged and politically active, Stein said. Manchester City are now ready to sell Bernardo Silva to FC Barcelona and have named their asking price for the Portuguese midfielder, according to reports. PATRICK . The Crude Oil Pipelines & Services segment owns a crude oil pipeline system. Hobbys tenure as chairman of Texas Monthly also saw some tumult, including several high-profile staff departures and accusations of editorial impropriety in early 2018, when then editor-in-chief Tim Taliaferro was alleged by the Columbia Journalism Review to have agreed to an arrangement in which the dating app Bumble would pay for social media promotion for a Texas Monthly cover story about Bumble founder Whitney Wolfe Herd. She was on the trustee boards for the Manned Space Flight Education Foundation, River Oaks Baptist School and the Houston A+ Challenge. Information on this page was last updated on 12/27/2022. Chip Gaines Bought Larry McMurtrys Historic Texas Bookstore. Texas Monthly should be in good hands under her stewardship, Stein said. 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. 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. The way it played out is poetic.. The corporate mailing address for Ms. Williams and other Enterprise Products Partners executives is 1100 LOUISIANA 10TH FLOOR, HOUSTON TX, 77002. Some brokers just had telephones.". Randa Duncan Williams, heiress of an oil and gas fortune and a native Texan, chairs the holding company that announced today its purchase of The National Magazine of Texas. It was previously owned by Genesis Park, a private equity firm also in Houston. The ship is fitted with Type B tanks, a new design for transporting liquified ethane that optimises vessel capacity. That's what makes me emotional.". Two and a half years after the award-winning publication was sold to Genesis Park, the Houston-based private equity firm founded by Paul Hobby, it has been purchased by Texas Monthly, LLC, a newly formed affiliate of Enterprise Products Company (EPCO), a privately held firm also based in Houston. Submit a correction suggestion and help us fix it! Bachelor of Arts/Science, Rice University; Doctor of Jurisprudence, University of Houston. She is one of four children of the late oil billionaire and philanthropist Dan Duncan, who founded Houston-based Enterprise Products Partners, a publicly traded midstream energy company. Photo courtesy of Texas Monthly/Gittings Photography, These 4 Houstonians cash in on Forbes' list of richest American families, United Way 2014-15_Single Promoted Articles, MD Anderson Breast Cancer Promoted Article, Professional Skin Treatments by NuMe Express, CultureMap Houston Holiday Pop-up Shop 2017, Martha Turner Sotheby's International Realty, Discomfort of subject matter in Palm Trees and Power Lines serves to prove its strength. 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. 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. Digital revenue has grown from 8 percent of ad sales in 2017 to 20 percent in 2019, while event sponsorship revenue has grown from 6 percent to 18 percent of the total. Back home, Duncan was breezing through school. The Duncan family's net worth comes from pipeline company Enterprise Product Partners, which was founded by Dan Duncanin 1968. He not only had become Houston's richest man, he'd stayed one of its least conspicuous. Need to know more? On this Wikipedia the language links are at the top of the page across from the article title. She received . Forbes recently listed Williams as the ninth wealthiest person in Texas. But leaders at Texas Monthly said their most recent ownership set them up for success and made the purchase attractive for Williams. The Basses hold down the No. According to its website, it has a paid circulation of 300,000 and is read monthly by 2.1 million people, or one out of 10 Texas adults. Looking for a product? Copyright 2022. Prior to that, she served as managing editor of Poynter.org. Randa Duncan Williams, 59, is the non-executive chairman of Enterprise Products Partners, founded by her father Dan Duncan. Enterprise makes money from oil and gas pipelines, exports, and storage terminals, but the bulk of its growth comes through the transportation and processing of natural gas liquids unlocked by the shale drilling revolution. 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 . 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. She can treat it more like a non-profit. Forbes ranks Williams as tied for the 88th wealthiest person in the United States with an estimated net worth of $6.2 billion. About INEOS: INEOS is a global manufacturing company making the raw materials and energy used for everyday life. Dan Duncan famously founded the energy empire that would become Enterprise Products Partners with just $10,000 and a couple of propane trucks. It made for tough times for Duncan, whose business philosophy was all about growing the company. She is chairwoman of Houston-based Enterprise Products Partners, the pipeline giant founded by her father, and owns Austin-based Texas Monthly magazine. "In fact, he's smart as a whip, someone who doesn't forget a thing, someone you really have to listen to closely.". A Right-wing Cabal Took Over Odessas Municipal Government. His boss, after all, had amassed his fortune with few people outside the industry noticing and he liked it that way. 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. Enterprise Products Partners has a market value of $63 billion. Each has an estimated net worth of $6.2 billion. And You Thought Feral Hogs Were Bad. (Eric Kayne/Chronicle), Randa Duncan-Williams and Charles Williams at the Musuem of Natural Science Ball Saturday March 4,2006. 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. Medicine and education are Duncan's pet causes.
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14. Randa Duncan Williams is Chairman at Enterprise Products Co. See Randa Duncan Williams's compensation, career history, education, & memberships. Astros GM Dana Brown has more praise team's top prospect, This is what Houston looks like from space, MLB legend makes surprise appearance at Astros' Spring Training, Meet the Astros prospect tearing up Spring Training, Report: Houston ranked No. Williams is the only one of four siblingsall of whom inherited equal stakes in the companyinvolved in running the family business. "What's unique, besides your assets and staff, is your relationships. The EIN for the organization is 59-1630423. Bring on the Shiplap. 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. 30 spot with a net worth of $10.8 billion. This is a carousel. Prior to joining Enterprise in 1994, Randa practiced law with Brown, Sims, Wise & White and Butler & Binion. To keep in shape for the hunts, Duncan would walk up and down the stairs at work, as many as 200 flights a day. Dan Duncan founded Enterprise Products Partners in 1968. Tucker is also well-suited for his part, coming off as non-threatening but still persuasive. She's in the news recently as she just bought her home state's top magazine, Texas Monthly. [7], In 2013, Williams was elected as Enterprise Production Partners' non-executive chairman. If I did it over, I'd never be this lucky again.". Elsewhere in Texas, The Walton family once again reigns as the richest family in the U.S., according Forbes. Where does she come from? Palm Trees and Power Lines opens on March 3 in select theaters. 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. 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 . According to the company, Texas Monthlys total audience has grown 76 percent since late 2016. Its products make an indispensable contribution to society by providing the most sustainable options for a wide range of societal needs. I . Natural gas liquids, or NGLs, are feedstocks for petrochemicals. In addition to its name, the ship also carries the Grenadier logo proudly emblazoned on its side. Dave Rossman, freelance / For the Chronicle. Williams earned a Bachelor's Degree from Rice University. Read him on our breaking news site, Chron.com, and on our subscriber site, houstonchronicle.com. When she gives money, shes selective and wants to ensure it will be spent appropriately. She also serves on the governance and capital projects committees. She sits on the board of the University of Texas Health Science Center where a clinic is named after her father at the Children's Learning Institute. News broke Monday that on Randa Duncan Williams has purchased Texas Monthly magazine from Paul Hobby. Both individuals are. He played college football at the University of Iowa in the Big Ten Conference.He played in two Rose Bowls (January 1957, 1959) and was inducted into the College Football Hall of Fame (1997). In 2018, according to the Forbes 400, Williams, along with two of her siblings. Citing the Bible, Jan Duncan said it's important "not to draw attention to oneself, to do good quietly.". Hobbys group paid $25 million for the magazine in 2016. 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). Hailed by some for the vision to focus on natural gas decades before it overtook oil as a hot commodity, by others for the perseverance to survive the industry's ups and downs, Duncan instead attributes much of his success to chance. By the late 1970s, when Enterprise really started building assets, Duncan could borrow $300 million from the bank. Randa Duncan Williams's Enterprise Products Partners shares are currently valued at $24.98B.If you're new to stock investing, . Randa Williams is 61 years old and was born on 08/28/1961. It's receiving that's harder. But its message, even if its tough to swallow, is a powerful one that deserves attention, and its delivered strongly by all involved. HSTORICAL VOTERI REGISTRATION STATISTICS FOR 123-DAY/154-DAY REPORTS1 FOR PRESIDENTIAL ELECTION YEARS . The company now owns close to 50,000 miles of energy pipelines and natural gas processing plants, as well as a large . Hobby said that he first received interest from potential buyers of Texas Monthly shortly after Genesis Park purchased the magazine. Use our Product finder instead. 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. These Common Units are owned directly by The Randa Duncan Williams 2018 Family Trust (the "RDW Family Trust"), for which Ms. Williams serves as a director of an entity trustee. Political party. The chairman of both Texas Monthly, LLC, and EPCO is Randa Duncan Williams. Randa Duncan Williams is the largest individual Enterprise Products Partners shareholder, owning 974.90M shares representing 44.91% of the company. I have been an avid Texas Monthly reader since I was a teenager, Williams said in a statement. TikTok Is Banking On Project Texas to Avoid a U.S. Ban. Ballotpedia uses one or more of the following sources to identify each officeholder's partisan affiliation: (1) direct communication from the officeholder, (2) current or previous candidacy for partisan office, or (3) identification of partisan . Randa Williams lives in Houston, TX; previous city include La Porte TX. I especially enjoy the longform storytelling that has helped earn the magazine fourteen National Magazine Awardsthe industrys equivalent of an Oscarover its 46-year history. They just do it in many different ways today. On HoustonChronicle.com:Houston billionaire buys Texas Monthly, promising to invest and invigorate National Magazine of Texas, "I have been an avid Texas Monthly reader since I was a teenager," Williams, who will control the magazine through Enterprise Partners Co., said in a statement. The Safari Club International Record Book, which lists the biggest animals ever legally shot, has 550 entries for him. 9. She joined Enterprise in 1994 as vice president. As part of its greenhouse gas emission reduction strategy, there is widespread goal to move to a more circular economy, in which materials are re-used to their maximum extent. "No," replied Randy Burkhalter, Duncan's director of investor relations, "but do you really have to print that?". 18 on the Forbes list with a net worth of $15.5 billion. The family fortune has more than doubled . In its 2020 budget year, Walmart racked up revenue of $524 billion and the company continues to rack up riches for heirs of the retail giants founders. Hearst Randolph "Randy" Duncan, Jr. (March 15, 1937 - September 27, 2016) was an American gridiron football quarterback and lawyer.. The Director DefendantRanda Duncan Williams, O.S . Almost by definition, Enterprise seemed destined to stay under the radar. Palm Trees and Power Lines is not an easy film to watch, and it often goes in directions that viewers may not want to believe. Order books are now open for Europe and other key launch markets. The Dragon ships have been regularly transporting ethane across the Atlantic for over six years. Randa Duncan Williams has a net worth of $7.2 billion. In February this year we launched the Pacific INEOS Belstaff, then the worlds largest ethane carrier, and today alongside our highly anticipated Grenadier 4X4 we have added the second of the worlds largest VLECs to our growing fleet.. She had strong opinions about things.. The amount paid for what is called the National Magazine of Texas wasn't disclosed. 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. Williams joined Enterprise Products in 1994 and remains the non-executive chairman of the board. It provides world class off-road capability and durability to those who depend on a vehicle as a working tool, wherever they are in the world. Thanks to a routine annual physical required by banks "When you owe millions of dollars, they worry about your health," he said it was caught early and, after radical surgery with a nerve-sparing technique, he made a full recovery. Site designed and developed by The MTM Agency. As of February 9, 2023 What is Randa Duncan Williams's Net Worth? Houston investor Randa Duncan Williams pledges to protect the magazines legacy and boost investments in its long-term growth. Robert is the wealthiest of the foursome. Duncan Williams is a member of the board of trustees of the Houston Zoo and the Houston Museum of Natural Science. Chart Data in Insider Trading History Table. Prior to joining the company, she practiced law with the firms Butler & Binion and Brown, Sims, Wise & White. 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. Photo by Bob Levey/Getty Images for U.S. Fund for UNICEF. But it's easy to give. He earned a degree from Massey Business College, then got his start at Wanda Petroleum, a small, independent trucking and underground storage company. INEOS is a Registered Trademark, the property of INEOS Capital Limited. Randa and Charlie Williams at the Audrey Hepburn Society Ball at the . Inside the Bro-tastic Party Mansions Upending a Historic Austin Community. 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. 13. 1 most stressful city for U.S. workers, To get these special tacos, drive out to the Houston Ship Channel, Principal fired for reading 'I Need a New Butt!' Related by financial asset: Enterprise Products Partners L.P. Duncan said he didn't dwell on his grief in those days, he explains, a young child's concept of life and death wasn't what it is now. After a stint in the Army in the mid-1950s he was stationed in Germany doing radio communications Duncan moved to Houston and went back to school. Heres what you need to know. The Campaign to Sabotage Texass Public Schools. Learn More about insider trades at Enterprise Products Partners. Randa Duncan Williams is the daughter of the late Dan Duncan, who was the richest man in Houston when he died in 2010. Hunt, sit at No. Forrest Wilder writes about politics and the outdoors. 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. Randa Williams Duncan enjoys the highest profile among Houston's richest family. 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. Grateful for the treatment he received at Baylor and convinced of the need to move cancer research forward, he gave the medical school $100 million two months ago. Feeling the call of these locales, I dreamed of traveling to each of them, and resolved to make that dream a reality.". 1 of 11. In Palm Trees and Power Lines, Lea (Lily McInerny) is a 17-year-old girl on summer break in Southern California, spending her days lying out in the sun and hanging out with her best friend, Amber (Quinn Frankel), among others. Shes very well read, independent-minded and proud of her Texas heritage.. Williams will be Texas Monthlys fourth owner since its founding by Mike Levy in 1973. 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). I remember Randa as being very engaged and politically active, Stein said. Manchester City are now ready to sell Bernardo Silva to FC Barcelona and have named their asking price for the Portuguese midfielder, according to reports. PATRICK . The Crude Oil Pipelines & Services segment owns a crude oil pipeline system. Hobbys tenure as chairman of Texas Monthly also saw some tumult, including several high-profile staff departures and accusations of editorial impropriety in early 2018, when then editor-in-chief Tim Taliaferro was alleged by the Columbia Journalism Review to have agreed to an arrangement in which the dating app Bumble would pay for social media promotion for a Texas Monthly cover story about Bumble founder Whitney Wolfe Herd. She was on the trustee boards for the Manned Space Flight Education Foundation, River Oaks Baptist School and the Houston A+ Challenge. Information on this page was last updated on 12/27/2022. Chip Gaines Bought Larry McMurtrys Historic Texas Bookstore. Texas Monthly should be in good hands under her stewardship, Stein said. 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. 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. The way it played out is poetic.. The corporate mailing address for Ms. Williams and other Enterprise Products Partners executives is 1100 LOUISIANA 10TH FLOOR, HOUSTON TX, 77002. Some brokers just had telephones.". Randa Duncan Williams, heiress of an oil and gas fortune and a native Texan, chairs the holding company that announced today its purchase of The National Magazine of Texas. It was previously owned by Genesis Park, a private equity firm also in Houston. The ship is fitted with Type B tanks, a new design for transporting liquified ethane that optimises vessel capacity. That's what makes me emotional.". Two and a half years after the award-winning publication was sold to Genesis Park, the Houston-based private equity firm founded by Paul Hobby, it has been purchased by Texas Monthly, LLC, a newly formed affiliate of Enterprise Products Company (EPCO), a privately held firm also based in Houston. Submit a correction suggestion and help us fix it! Bachelor of Arts/Science, Rice University; Doctor of Jurisprudence, University of Houston. She is one of four children of the late oil billionaire and philanthropist Dan Duncan, who founded Houston-based Enterprise Products Partners, a publicly traded midstream energy company. Photo courtesy of Texas Monthly/Gittings Photography, These 4 Houstonians cash in on Forbes' list of richest American families, United Way 2014-15_Single Promoted Articles, MD Anderson Breast Cancer Promoted Article, Professional Skin Treatments by NuMe Express, CultureMap Houston Holiday Pop-up Shop 2017, Martha Turner Sotheby's International Realty, Discomfort of subject matter in Palm Trees and Power Lines serves to prove its strength. 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. 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. Digital revenue has grown from 8 percent of ad sales in 2017 to 20 percent in 2019, while event sponsorship revenue has grown from 6 percent to 18 percent of the total. Back home, Duncan was breezing through school. The Duncan family's net worth comes from pipeline company Enterprise Product Partners, which was founded by Dan Duncanin 1968. He not only had become Houston's richest man, he'd stayed one of its least conspicuous. Need to know more? On this Wikipedia the language links are at the top of the page across from the article title. She received . Forbes recently listed Williams as the ninth wealthiest person in Texas. But leaders at Texas Monthly said their most recent ownership set them up for success and made the purchase attractive for Williams. The Basses hold down the No. According to its website, it has a paid circulation of 300,000 and is read monthly by 2.1 million people, or one out of 10 Texas adults. Looking for a product? Copyright 2022. Prior to that, she served as managing editor of Poynter.org. Randa Duncan Williams, 59, is the non-executive chairman of Enterprise Products Partners, founded by her father Dan Duncan. Enterprise makes money from oil and gas pipelines, exports, and storage terminals, but the bulk of its growth comes through the transportation and processing of natural gas liquids unlocked by the shale drilling revolution. 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 . 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. She can treat it more like a non-profit. Forbes ranks Williams as tied for the 88th wealthiest person in the United States with an estimated net worth of $6.2 billion. About INEOS: INEOS is a global manufacturing company making the raw materials and energy used for everyday life. Dan Duncan famously founded the energy empire that would become Enterprise Products Partners with just $10,000 and a couple of propane trucks. It made for tough times for Duncan, whose business philosophy was all about growing the company. She is chairwoman of Houston-based Enterprise Products Partners, the pipeline giant founded by her father, and owns Austin-based Texas Monthly magazine. "In fact, he's smart as a whip, someone who doesn't forget a thing, someone you really have to listen to closely.". A Right-wing Cabal Took Over Odessas Municipal Government. His boss, after all, had amassed his fortune with few people outside the industry noticing and he liked it that way. 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. Enterprise Products Partners has a market value of $63 billion. Each has an estimated net worth of $6.2 billion. And You Thought Feral Hogs Were Bad. (Eric Kayne/Chronicle), Randa Duncan-Williams and Charles Williams at the Musuem of Natural Science Ball Saturday March 4,2006. 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