All four Duncan siblings have identical wealth and ranking (both in the U.S. and in globally). Hearst Randolph "Randy" Duncan, Jr. (March 15, 1937 - September 27, 2016) was an American gridiron football quarterback and lawyer.. | Peter.Dawson@chron.com | NEWS WHEN YOU NEED IT: Text CHRON to 77453 to receive breaking news alerts by text message | Sign up for breaking news alerts delivered to your email here. Randa Duncan Williams. Hackett predicts the biggest player is likely to be Randa Duncan Williams, the late oil man's daughter who heads the family foundation. June 25, 2019 35 Texas Monthly magazine has a new owner. Site designed and developed by The MTM Agency. Citing the Bible, Jan Duncan said it's important "not to draw attention to oneself, to do good quietly.". All Rights Reserved. The current estimated net worth of Enterprise. Jos R. Ralat is Texas Monthlys taco editor, writing about tacos and Mexican food. Profession. Are insane ticket costs pricing Astros fans out of Opening Day? 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. 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. Whats Up With All the Kangaroos on the Loose in Texas? On HoustonChronicle.com: Houston billionaire buys Texas Monthly. Dan Duncan founded Enterprise Products Partners in 1968. Randa Duncan Williams, a Houston billionaire and philanthropist. "What's unique, besides your assets and staff, is your relationships. She inherited $3.1 billion upon the death of her father. That mindset has continued as a philanthropist, he said. She was elected as a board director in 2010 and as chairman in 2013. If youve been thirsty for a legitimately huge UFC pay-per-view event, one that bridges the gap between casual mixed martial arts fans and the hardcore, there is one on the doc for Saturday night at the T-Mobile Arena in Las Vegas. 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. 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. 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. Randa Williams lives in Houston, TX; previous city include La Porte TX. It is a truly uncompromising 4X4 built from the ground up, engineered to overcome all conditions. Read him on our breaking news site, Chron.com, and on our subscriber site, houstonchronicle.com. 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. Lawyer, environmental consultant. Levy sold the. While 2020 has been a nightmare financially for many, some locals have cashed in. She also serves on the governance and capital projects committees. A self-made man, he started with a $250 loan from his dad and left a charitable foundation with initial assets of $178 million. Are ticket costs pricing Houston Astros fans out of Opening Day? 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. But it's easy to give. Its rattlesnake season in Texas. We use cookies to make sure you get the most from our website. Her role is complex, but the novice actor handles everything thats asked of her extremely well. A Right-wing Cabal Took Over Odessas Municipal Government. Under Hobbys ownership, Texas Monthly began to aggressively reshape its business and editorial operations for this new reality. Joe M. Bailey 1996 - present. She's very well read, independent-minded and proud of her Texas heritage.". Williams is the only sibling involved in running the family business. She is chairwoman of Houston-based Enterprise Products Partners, the pipeline giant founded by her father, and owns Austin-based Texas Monthly magazine. A New Democrat, Duncan was the only non- Conservative MP from Alberta from the 2008 election until . The Duncan Family is the 21st-wealthiest family in the world, with a combined $26 billion net worth. She had strong opinions about things.. Williams earned herJuris Doctorate from the University of Houston College of Law. Learn More about insider trades at Enterprise Products Partners. David Thompson, CEO of INEOS Trading & Shipping, says: Todays ceremony was very special for INEOS. FC Barcelona head coach Xavi Hernandez and president Joan Laporta are not currently seeing eye to eye on the potential sale of misfit winger Raphinha this summer, according to reports. 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. Use Next and Previous buttons to navigate, RANDA WILLIAMS - Portraits of each individual honoree to accompany her profile (head and shoulder). He not only had become Houston's richest man, he'd stayed one of its least conspicuous. Goodgame said hes proud of Texas Monthlys recent growth across platforms that extends to live events, podcasts and beyond. (Eric Kayne/Chronicle), Randa Duncan-Williams and Charles Williams at the Musuem of Natural Science Ball Saturday March 4,2006. 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. Theres An App for That. He said he is confident that Williams understands journalistic principles of editorial freedom, and is committed long-term. In his later years, his drive to succeed turned to the philanthropic world. 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. Tucker is also well-suited for his part, coming off as non-threatening but still persuasive. And she intends to provide them., She wants to own it forever, added Brown. 14. 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. 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. In most of the nation's largest cities, mayoral elections are officially nonpartisan.However, many officeholders are affiliated with political parties. 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. The Director DefendantRanda Duncan Williams, O.S . The hub of its NGL processing is just east of Houston in Mont Belvieu, known as the natural gas liquids capital of the world due to its massive complex of underground salt dome storage and processing plants. his eldest daughter, Randa Duncan Williams, chairs the Enterprise Products Partners board. Software entrepreneur Robert Brockman ranks 19th in Texas and ties for 229th nationally with a net worth of $4.7 billion. Although they werent born into exorbitant wealth, Duncan Williams and her three siblings are tied as the second-wealthiest Houstonians with a net worth of more than $6 billion each, according to Forbes magazine. The most recent insider tranaction occured on December, 27th when Director Carin Marcy Barth bought 5,000 shares worth more than $119,950.00. She was on the trustee boards for the Manned Space Flight Education Foundation, River Oaks Baptist School and the Houston A+ Challenge. All rights reserved. His father, an itinerant pipeliner, died of leukemia when Duncan was 17. Please visitwww.enterpriseproducts.comfor more information. Learn More on Randa Duncan Williams' trading history. New Democratic Party. "In fact, he's smart as a whip, someone who doesn't forget a thing, someone you really have to listen to closely.". This weeks Current Climate, which every Saturday brings you the latest news about the business of sustainability. More than 100 of the trophies at the Double D were bagged by Duncan's wife, Jan, a city girl and relative novice at the sport until the two married in 1989. We know that Randa's political affiliation is unknown . 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. 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. Linda Francis Duncan (born June 25, 1949) is a Canadian lawyer and politician, and former Member of Parliament for the riding of EdmontonStrathcona in Alberta. Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast, Click here for the name of the one ticker you need. Hobbys group paid $25 million for the magazine in 2016. Randa Duncan Williams is non-executive chairman of Enterprise Products Partners, the pipeline giant her father Dan Duncan (d. 2010) founded in 1968. 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. Three months later, the TB claimed his mother. Prior to joining Enterprise in 1994, Randa practiced law with Brown, Sims, Wise & White and Butler & Binion. The handoff of ownership becomes official June 30. 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!' Randa Duncan Williams is the daughter of the late Dan Duncan, who was the richest man in Houston when he died in 2010. Prior to joining the company, she practiced law with the firms Butler & Binion and Brown, Sims, Wise & White. Texas Monthly has a new owner. Palm Trees and Power Lines opens on March 3 in select theaters. But What Is It? 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. Enterprise is Mont Belvieus biggest player. $2.5 billion, according to our most recent tally. WWE SmackDown results as Cody Rhodes and Roman Reigns come face-to-face. ("Dub") Andras, Enterprise Products Partners has a market value of $63 billion. We are also proud ambassadors of the uncompromising Grenadier 4X4. Randa is Duncan's eldest child, at 57. 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. 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. 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. 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). 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. 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. Unflappable and approachable, he strives for deals that benefit both parties and bases his business philosophy on his grandmother's motto of "Do the best you can every day." Texas Monthly should be in good hands under her stewardship, Stein said. 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 . Because nobody is perfect, humans are prone to innumerable bad decisions, or to being manipulated by others into doing things they wouldnt normally do. 2023 Forbes Media LLC. Goodgame and Texas Monthly president Scott Brown will continue to work closely together and will report independently to Williams, as they did to Hobby. The Crude Oil Pipelines & Services segment owns a crude oil pipeline system. "No," replied Randy Burkhalter, Duncan's director of investor relations, "but do you really have to print that?". David Courtney, a.k.a. Insiders at Enterprise Products Partners own 32.6% of the company. Randa Duncan Williams, a Houston billionaire, has purchased the Austin-based magazine. The USA, Canada and Mexico will follow by the end of this year, with first deliveries in 2023. He graduated at 16, a four-sport letterman who twice skipped grades even though he said he never brought a book home. Submit a correction suggestion and help us fix it! Since the Baylor gifts and the Forbes. With his ruddy complexion, smooth skin and occasionally impish grin, he exudes the warmth of your favorite uncle. The history of film is full of both real and fictional cautionary tales, showing how quickly someone can go from leading a relatively normal life to having their world completely turned upside down. Enterprise Products, has grown into the second-largest company headquartered in Houston with a stock market market value of $63 billion. Randa Duncan Williams is non-executive chairman of Enterprise Products Partners, the pipeline giant her father Dan Duncan (d. 2010) founded in 1968. Randa Duncan Williams's Enterprise Products Partners shares are currently valued at $24.98B.If you're new to stock investing, . News broke Monday that on Randa Duncan Williams has purchased Texas Monthly magazine from Paul Hobby. Are insane ticket costs pricing Astros fans out of Opening Day? Williams is a well-known philanthropist who contributes to numerous Houston-based charities. 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. 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. It will also be available on VOD for home viewing. She received . 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. Enterprise Products owns over 50,000 miles of energy pipelines, natural gas processing plants and a large oil storage facility on the Gulf Coast. Dan Duncan needs no reminder. Williams is the only one of four. Paul Klotman, M.D. Need to know more? Houston billionaire Randa Duncan Williams, chairwoman of midstream giant Enterprise Product Partners LP and daughter of its late founder, leads the company that has now acquired Texas Monthly. 11 on the Forbeslist.). PACs. On this Wikipedia the language links are at the top of the page across from the article title. The process of connecting wells to consumers is one of the most unglamorous but profitable corners of the energy industry. Fire Ants Have Unleashed Chaos in Texas for Decades. 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. "My family is delighted to provide the resources to support this iconic Texas institution, which is nationally recognized for its editorial flair.". 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. Breadcrumb. Mr John Lu, President of Pacific Gas said:We are delighted to deliver the Pacific INEOS Grenadier, the second of the largest VLECs in the world, as we extend INEOS ground-breaking ethane trading business. If you fill out the first name, last name, or agree to terms fields, you will NOT be added to the newsletter list. time of the 2009 Sale, by Duncan and members of his family. Dave Rossman, freelance / For the Chronicle. In addition, she serves as Chairman of Enterprise Products Company, Chairman & President of the Dan L Duncan Foundation, and Chairman of Texas Monthly, LLC. Why Does He Get to Make That Call? Chart Data in Insider Trading History Table. Dan Duncan famously founded the energy empire that would become Enterprise Products Partners with just $10,000 and a couple of propane trucks. Avara's sister Randa Duncan Williams is the only . Randa is the only one of Dan Duncan's children still involved in the family business. The partnerships assets include more than 50,000 miles of pipelines; over 260 million barrels of storage capacity for NGLs, crude oil, refined products and petrochemicals; and 14 billion cubic feet of natural gas storage capacity. Ms. Williams is the Chairman of Enterprise Products Holdings LLC. 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. 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. Randa Duncan Williams is a businessperson who has been at the helm of 5 different companies and presently occupies the position of Non-Executive Chairman for Enterprise Products Partners LP, Chairman for Enterprise Products Co., President of DLD Family Investments LLC and Chairman for EPCO Holdings, Inc. Duncan had four adult children, each of whom is also a billionaire. She is a major philanthropist who focuses on medicine, education, the arts, and cultural institutions. Williams is the daughter of the late Dan Duncan, who was formerly the richest man in Houston. And how much money does she have, anyways? 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. Williams holds a bachelors degree from Rice University and a J.D. Investors are already flocking there for a chance at 1,000%+ returns. Houston Business Journal: "Dan Duncan dies at 77" by Casey Wooten, BusinessWeek: "Executive Profile - Randa Duncan Williams J.D. Because she regularly had to check in to a sanatorium and his father was on the road, Duncan and his brother moved in with their grandmother, a nearly blind woman who instructed them in life's lessons the Golden Rule, the value of a day's work. While all of the Waltons dont live in the Lone Star State, members of four of the countrys other wealthiest families do. This is a carousel. Williams earned a Bachelor's Degree from Rice University. The corporate mailing address for Ms. Williams and other Enterprise Products Partners executives is 1100 LOUISIANA 10TH FLOOR, HOUSTON TX, 77002. 18 on the Forbes list with a net worth of $15.5 billion. She and her 3 siblings each hold an 8% stake in the family business. City Employees Are Heading for the Exits. In the last year, Enterprise Products Partners insiders bought shares 6 times. But leaders at Texas Monthly said their most recent ownership set them up for success and made the purchase attractive for Williams. Hes never overtly pushy; instead, he subtly influences her with kindness and attention. The four siblings are tied for the second wealthiest people in Houston. By 1973, it was a $3 million company. An East Texas country boy who resembles John Glenn without the crinkles, he's nothing like the brash, rough-hewn Texas oil baron of old. (The Duncans come in at No. You can view The Poynter Institutes most-recent public financial disclosure form 990, Poynter ACES Introductory Certificate in Editing, The new Succession trailer, along with media news and must-read links for your weekend, Is there really a shoplifting epidemic?, Assistant Professor of Business (Accounting) - McMinnville, OR (97128), Editor & Lead Reporter - Newton, MA (02460), Executive Editor - Meriden (CT) Record Journal - Meriden, CT (06450), Associate News Editor - Seattle, WA (98109), Research Policy Reporter, C&EN - Washington, DC (20036), WUNC Podcast Producer & Host - Durham, NC (27701), Senior Copy and Content Editor - 23098 - Washington, DC (20037), Editor-in-Chief of Assembly - Washington, DC (20001), Communications Specialist - Richmond, VA (23294). Robert is the wealthiest of the foursome. As a child, Duncan lost his mother to tuberculosis and his only sibling, an older brother, to tetanus. Both individuals are Houstonians. 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. A Texas history buff owning a magazine about Texas seems like a natural fit. Most recently, on Wednesday, September 30th, Randa Duncan Williams bought 15,000 shares of Enterprise Products Partners stock. [5][6], Williams is a member of the board of trustees for the Houston Zoo, was a member of the board of trustees for the Houston Museum of Natural Science since 1995 and its chairman. Scott B. He earned a degree from Massey Business College, then got his start at Wanda Petroleum, a small, independent trucking and underground storage company. In person, the 73-year-old Duncan hardly fits the billionaire image. He thought that such a new business niche could make him a profitable living. They have one child. . 13. 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. 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. Inside the Bro-tastic Party Mansions Upending a Historic Austin Community. She doesn't flaunt her wealth by driving fancy cars or other conspicuously flashy indulgences. 15 among the countrys wealthiest families is the Butt family, with a net worth of $17.8 billion. This website is published by INEOS on behalf of its businesses. She joined the company in 1994 and took on the roles of president and CEO in 2001. FC Barcelona head coach Xavi Hernandez has spoken more on his team's 'sensational' defensive performance against Real Madrid in the Copa del Rey semi-final first leg ahead of his team's clash with Valencia in La Liga on Sunday. The Hunt family, whose members are descendants of oil wildcatter H.L. Stock photos, 360 images, vectors and videos
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