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. Through its proactive approach and long-term cooperation with both upstream and downstream customers worldwide, the company has developed into a global leading facilitator and arranger by establishment of its oceangoing shipping platform, providing diversified shipping service for Methane (LNG), Ethane, Propane and Butane (LPG), and various petrochemical gas products including Ethylene, Propylene, Butadiene etc. Learn More on Randa Duncan Williams' trading history. We use cookies to make sure you get the most from our website. Donald Trumps real net worth? "The one who seemingly came out of nowhere.". 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. 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. Nowhere can that be more jarring than amid the hundreds of mounted animals at his ranch house in Smithville, about 50 miles southeast of Austin. 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. She joined Enterprise in 1994 as vice president. Randa Duncan Williams has a net worth of $7.2 billion. It operates through the following segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. With his ruddy complexion, smooth skin and occasionally impish grin, he exudes the warmth of your favorite uncle. Available for both RF and RM licensing. 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. "When you have as much happen to you as has happened to me in my lifetime, it has to have an effect," said Duncan, a Baylor College of Medicine board member since 2003. In his later years, his drive to succeed turned to the philanthropic world. In addition to its name, the ship also carries the Grenadier logo proudly emblazoned on its side. Williams is the only one of four siblingsall of whom inherited equal stakes in the companyinvolved in running the family business. Details of the transaction werent made public. Shes not ostentatious and she doesnt flaunt her wealth with fancy cars and other flashy indulgences, friends say. 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). 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. Texas Monthly magazine sold to Enterprise Products affiliate led by Texas Monthly has won 13 National Magazine Awards, and editors have included William Broyles Jr., later a successful screenwriter, and Evan Smith, co-founder of The Texas Tribune. Randa and her siblings Dannine Avara, Milane Franz, and Scott Ducan weren't born into the wealth they now have. Yesteday in Houston, one of the worlds largest ethane carriers came face to face with its namesake, the INEOS Grenadier 4X4, at the ship's official christening ceremony. 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. Enemies are nowhere to be found. Randa Williams - Biography Most recently, on Wednesday, September 30th, Randa Duncan Williams bought 15,000 shares of Enterprise Products Partners stock. But, for some, Williams might not be a household name. Suddenly, Duncan found himself owing 22 percent interest on the $500 million he was in debt. For further information please visit: www.ineosgrenadier.com, Media ContactsRichard Longden (Richard.longden@ineos.com) 0041 21 627 7063 or 0041 7996 26123Andrew McLachlan (andrew@mediazoo.tv) 07931 377162Alex Williams (alex.williams@mediazoo.tv) 07793 207325. Insiders at Enterprise Products Partners own 32.6% of the company. Forbes ranks Williams as tied for the 88th wealthiest person in the United States with an estimated net worth of $6.2 billion. If I did it over, I'd never be this lucky again.". 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. Are insane ticket costs pricing Astros fans out of Opening Day? 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. Related by financial asset: Enterprise Products Partners L.P. A week later, he became ill with fever and chills. That requires resources. The net worth of Fort Worth billionaire Alice Walton, the only daughter of Walmart founder Sam Walton, accounts for a little over one-fourth of the family fortune. 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. He was right. They purchased a total of 65,350 shares worth more than $1,573,730.50. Dan Duncan famously founded the energy empire that would become Enterprise Products Partners with just $10,000 and a couple of propane trucks. FC Barcelona president Joan Laporta and Real Madrid counterpart Florentino Perez took advantage of their teams' Copa del Rey semi-final first leg meeting on Thursday to meet and discuss a strategy for the launch the European Super League (ESL), according to reports. "In fact, he's smart as a whip, someone who doesn't forget a thing, someone you really have to listen to closely.". Need to know more? 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. He was dead in a week. Randa Duncan Williams - Bloomberg 3rd party / other. The company now owns close to 50,000 miles of energy pipelines and natural gas processing plants, as well as a large . "My idea was to build an asset-based, midstream company that'd serve the industry better than Wanda," Duncan said. My family is delighted to provide the resources to support this iconic Texas institution, which is nationally recognized for its editorial flair. Randa Duncan Williams, a Houston billionaire, has purchased the Austin-based magazine. HSTORICAL VOTERI REGISTRATION STATISTICS FOR 123-DAY/154-DAY REPORTS1 FOR PRESIDENTIAL ELECTION YEARS . Duncan Williams, 57, is the only one of Duncans children actively involved in the family business, where she chairs Enterprises board of directors. 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.. 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. She joined the company in 1994 and took on the roles of president and CEO in 2001. 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. They were very young children when their father famously founded Enterprise Product Partners with $10,000 and a couple of propane trucks. "I remember sitting around the campfire my first venture outside of Texas, listening to other hunters discussing their experiences in Alaska, Canada and Africa," Duncan writes in one of the short pieces he's penned on the joys of hunting. "No," replied Randy Burkhalter, Duncan's director of investor relations, "but do you really have to print that?". Software entrepreneur Robert Brockman ranks 19th in Texas and ties for 229th nationally with a net worth of $4.7 billion. 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 . June 25, 2019 35 Texas Monthly magazine has a new owner. 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. The company was founded by Dan L. Duncan in April 1998 and is headquartered in Houston, TX. She doesn't flaunt her wealth by driving fancy cars or other conspicuously flashy indulgences. The breakthrough started in the late '90s. book to class, Oops! Submit a correction suggestion and help us fix it! Duncan family - Forbes Chairwoman of Houston-based Enterprise Products Partners, the pipeline giant founded by her father; purchased Texas Monthly in June 2019. Today, though his international hunting trips are largely behind him, he looks as trim and fit as ever. The Duncan family's net worth comes from pipeline company Enterprise Product Partners, which was founded by Dan Duncanin 1968. Sec Form 4 Williamss purchase of Texas Monthly comes at a time of great change in the media industry. Headquarters: 38 Hans Crescent, Knightsbridge, London, SW1X 0LZ, UK. The diligence process has been exhaustive, and they believe in Texas Monthly., Terms of the deal, which is set to close on June 30, 2019, were not disclosed. 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. But leaders at Texas Monthly said their most recent ownership set them up for success and made the purchase attractive for Williams. 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 . Since the Baylor gifts and the Forbes listing, Duncan has become the hot new target of the city's fundraisers. Duncan Williams is a member of the board of trustees of the Houston Zoo and the Houston Museum of Natural Science. PDF REGISTRATION BY POLITICAL PARTY - California She and her 3 siblings each hold an 8% stake in the family business. 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. 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. Are insane ticket costs pricing Astros fans out of Opening Day? Learn More on Enterprise Products Partners' active insiders. A newspaper article once dubbed her father the invisible billionaire. Duncan Williams prefers the background as well. Get notified the next time Randa Duncan Williams buys or sells Enterprise Products Partners stock. 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. Dave Rossman, freelance / For the Chronicle. Randa Duncan Williams is non-executive chairman of Enterprise Products Partners, the pipeline giant her father Dan Duncan (d. 2010) founded in 1968. Enterprise Products Partners LP Stock Ownership - WallStreetZen 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. Both Goodgame and Brown expressed great hopes for the companys future under Williams. Fleeing for Your Life? Houston billionaire buys Texas Monthly, promising to invest and INEOS is a Registered Trademark, the property of INEOS Capital Limited. People in the industry say he has no ego. 1 of 11. 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. Please visitwww.enterpriseproducts.comfor more information. Williams is the daughter of the late Dan Duncan, who was formerly the richest man in Houston. Whats Up With All the Kangaroos on the Loose in Texas? Dan Duncan founded Enterprise Products Partners in 1968. We have the journalists and photographers and designers to do that well already, and we will continue to grow new muscles to do it in new ways. That means not only more podcasts and events and web journalism but also, he said, a new focus on selling Texas Monthly stories to producers of movies, streaming video, and TV series. 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. On his first date with Jan, six months after Billie's death, Duncan spoke of how he loved to be married, how he would still be married if his wife hadn't died. Paul Klotman, M.D. 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. 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). Some brokers just had telephones.". 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. This is a carousel. 9. It highlights perfectly the immense breadth of the company which now spans from chemicals and energy, to fashion and automotive. At the ceremony, Randa Duncan Williams, Chairman of the general partner of Enterprise Products, formally named the ship and became its official Godmother. The USA, Canada and Mexico will follow by the end of this year, with first deliveries in 2023. "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. Albert & Margaret Alkek Foundation - President's Message Randa Duncan Williams is the daughter of the late Dan Duncan, who was the richest man in Houston when he died in 2010. She is a major philanthropist who focuses on medicine, education, the arts, and cultural institutions. She practiced law for a few years with the law firm Butler & Binon and Brown, Sims, Wise & White. Where does she come from? The gift dwarfed any previous donation to the Texas Medical Center.
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