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. 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. "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. Jan, whose first marriage failed because her husband didn't want to be married, broke down in tears, moved. She inherited $3.1 billion upon the death of her father. Most recently, on Wednesday, September 30th, Randa Duncan Williams bought 15,000 shares of Enterprise Products Partners stock. Details of the transaction werent made public. "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. It highlights perfectly the immense breadth of the company which now spans from chemicals and energy, to fashion and automotive. They have looked under every rock. Williams holds a bachelors degree from Rice University and a J.D. 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. 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). Patricia Sharpe writes a regular restaurant column, Pats Pick, for Texas Monthly. Jos R. Ralat is Texas Monthlys taco editor, writing about tacos and Mexican food. She can help strengthen the magazine without needing it to be a money maker. Biography [ edit] Randa Duncan was born to Barbara Ann and Dan Duncan. Her father, Dan Duncan, was the co-founder of Enterprise Products. But, for some, Williams might not be a household name. The ship is fitted with Type B tanks, a new design for transporting liquified ethane that optimises vessel capacity. 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. Joe M. Bailey 1996 - present. 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. In 1995, Duncan waged his own battle with prostate cancer. 3rd party / other. 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. 30 spot with a net worth of $10.8 billion. Here, the two are pictured at the TUTS gala at the Hobby Center on April 20, 2012. Insiders at Enterprise Products Partners own 32.6% of the company. Three decades later, numerous companies in the Gulf Coast region have become successful following Enterprise's model. Related by financial asset: Enterprise Products Partners L.P. She is worth about $9.1 billion and is married to sports and entertainment titan Stan Kroenke, whos worth an estimated $8.3 billion. Randa and her siblings Dannine Avara, Milane Franz, and Scott Ducan weren't born into the wealth they now have. EPCO's principal business was to provide employees, management, and administrative services to Duncan's companies, including Enterprise Products LP, Enterprise Products GP, and (until the 2010 Merger) EPE. Peter Dawson is a digital reporter in Houston. His nice guy look hides the type of person his character truly is. 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. Despite it all, Duncan built a $15 billion company in an esoteric part of the natural gas industry known as midstream, between exploration and end-use. In a business environment where journalists at many publications have become accustomed to hearing that theyll have to produce more content across more platforms with fewer resources, its great news, Goodgame said, that Williams aims to build on the work of Genesis Park and boost long-term investments in Texas Monthlys editorial staff, subscription marketing, and other key areas. Genesis Park paid $25 million for the brand in 2016, and Hobby called this new deal an ideal outcome for everyone involved. His boss, after all, had amassed his fortune with few people outside the industry noticing and he liked it that way. 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). "In this business, everyone has the same product," said Duncan, who owns 37 percent of Enterprise. Dan Duncan needs no reminder. Feeling the call of these locales, I dreamed of traveling to each of them, and resolved to make that dream a reality.". Randa Duncan Williams Vice President 1996 - present. Williams is the only one of four. Williamss purchase of Texas Monthly comes at a time of great change in the media industry. Dan Duncan died of a cerebral hemorrhage at his home in Houston on March 28, 2010. This is the way she wants to contribute to Texas, Stein said, by keeping an iconic publication going., New billionaire owner of Texas Monthly prefers background, Timeline: How battle between Houston ISD, TEA has reached the point of a looming takeover. Forbes estimates shes worth about $68 billion, making her the richest resident of Texas and the richest Walton heir. Read him on our breaking news site, Chron.com, and on our subscriber site, houstonchronicle.com. 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. She doesn't flaunt her wealth by driving fancy cars or other conspicuously flashy indulgences. 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. "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. A Right-wing Cabal Took Over Odessas Municipal Government. [4], In 2019, she purchased Texas Monthly'. 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. To keep in shape for the hunts, Duncan would walk up and down the stairs at work, as many as 200 flights a day. 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!' Available for both RF and RM licensing. Print ad revenue has declined in the same period. 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. 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. But they don't attend many functions on Houston's social circuit. Palm Trees and Power Lines opens on March 3 in select theaters. Duncan's rise didn't come without struggles. Theres An App for That. Stock photos, 360 images, vectors and videos Tucker is also well-suited for his part, coming off as non-threatening but still persuasive. Truth be told, there's little left for Duncan to pursue. Enterprise Products, which has an estimated 7,000 employees, is currently ranked at. 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. Enemies are nowhere to be found. 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. David Thompson, CEO of INEOS Trading & Shipping, says: Todays ceremony was very special for INEOS. Goodgame said hes proud of Texas Monthlys recent growth across platforms that extends to live events, podcasts and beyond. Chart Data in Insider Trading History Table. Outside Spending Groups. On HoustonChronicle.com: Houston billionaire buys Texas Monthly. This is a carousel. Duncan Williams, 57, is the only one of Duncans children actively involved in the family business, where she chairs Enterprises board of directors. 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 . Ethane has spurred the modern petrochemical boom along the Gulf Coast by creating the building block chemicals for most plastics. Her role is complex, but the novice actor handles everything thats asked of her extremely well. 11 on the Forbeslist.). The Breakfast Klub sues prominent City Hall consultant for fraud, Texas wants to ban delta-8, but veterans are pushing back, Exclusive: Abbott explains push against diversity hiring programs, Lauren Daigle at Houston Rodeo: 'God always has your number', Galveston gets fourth Carnival Cruise Line, UH, Texas A&M removing DEI statements from hiring practices, Man dead, person arrested after suspected homicide in League City, 1960s River Oaks strip center to be replaced by luxe apartments, Houston is the most stressful city to work in, says new study, Houston battery recycling startup ACE partners with China's GGE, CERAWeek is growing with Houstons energy industry, Business calendar of upcoming events in the Houston area, New tech will help you and Siri, Google and Alexa work better. 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. "I was enthralled by their vivid descriptions. 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. 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. Even during the evilest (aka most devastatingly effective) moment of the film, he never raises his voice or threatens Lea in any way, which somehow makes the aftermath even worse. TikTok Is Banking On Project Texas to Avoid a U.S. Ban. New Democratic Party. When she gives money, shes selective and wants to ensure it will be spent appropriately. Enterprise Products Partners LP operates as holding company, which engages in the production and trade of natural gas and petrochemicals. INEOS businesses have put in place the plans and actions needed to ensure that they lead the transition to a net zero economy by no later than 2050, whilst remaining profitable, and staying ahead of evolving regulations and legislation. [7], In 2013, Williams was elected as Enterprise Production Partners' non-executive chairman. 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. Randa Duncan Williams and her husband live in Houston, of course. While 2020 has been a nightmare financially for many, some locals have cashed in. Site designed and developed by The MTM Agency. 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. She also serves on the governance and capital projects committees. Handout / Texas Monthly Show More Show Less 2 of 11. 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. Above you can find out the answers to those questions and more. Get the Poynter newsletter that's right for you. News broke Monday that on Randa Duncan Williams has purchased Texas Monthly magazine from Paul Hobby. Williams earned herJuris Doctorate from the University of Houston College of Law. Williams is the daughter of the late Dan Duncan, who was formerly the richest man in Houston. 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. Three months later, the TB claimed his mother. The Basses hold down the No. 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. He liberated airlines and trucking and enabled the 1980s-1990s boom. The NGL Pipelines & Services segment manages a natural gas processing facility and a related gathering system. [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. Need to know more? 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. 14. Theres a party going on deep in the heart of Texas. 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. Lawyer, environmental consultant. 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. WWE SmackDown results as Cody Rhodes and Roman Reigns come face-to-face. 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. I have been an avid Texas Monthly reader since I was a teenager, Williams said in a statement. (The Duncans come in at No. For the second time since 2016, Texas Monthly magazine is getting a new owner. Rounding out the Texas contingent on the Forbes list are members of Fort Worths Bass family. And she intends to provide them., She wants to own it forever, added Brown. A week later, he became ill with fever and chills. 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. To that end, Texas Monthly recently switched its representation in Hollywood from William Morris Endeavor to Creative Artists Agency. Paul Klotman, M.D. ("Dub") Andras, A Texas history buff owning a magazine about Texas seems like a natural fit. A New Democrat, Duncan was the only non- Conservative MP from Alberta from the 2008 election until . Prior to joining the company, she practiced law with the firms Butler & Binion and Brown, Sims, Wise & White. 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. Only ConocoPhillips, valued at $68 billion, is larger among Houston-based companies. Back home, Duncan was breezing through school. 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. Using a process known as fractionation, Enterprise treats and separates natural gas liquids into individual products such as propane, butane and, especially, ethane. She is the Chairwoman of Enterprise's board of directors. Randa Williams is marred to her husband, Charles A. Williams. Each has an estimated net worth of $6.2 billion. Both his first and second wife succumbed to cancer. Acknowledging the sudden attention, he said he can't give to all the worthy causes, but does expect to continue giving big donations in the future. She is committed to a long-term investment, and that is a great opportunity for us to adopt a set of long-range business drivers.. A Federal Judge in Amarillo Could Effectively Ban the Abortion Pill. 18 on the Forbes list with a net worth of $15.5 billion. 8. 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 . Randa Williams lives in Houston, TX; previous city include La Porte TX. 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. 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. Candidate Party Preference History for the last 10 years* United States Representative District 1 Candidate Party Preference County Timeframe Doug LaMalfa Max Steiner Only pipeline magnate Rich Kinder, with a net worth of $7.3 billion, outranks them. his eldest daughter, Randa Duncan Williams, chairs the Enterprise Products Partners board. And how much money does she have, anyways? Top party schools in every state. We use cookies to make sure you get the most from our website. "He's the anti-stereotype," said Jeff Share, editor of Pipeline & Gas Journal, a trade publication based in Houston. In addition to its name, the ship also carries the Grenadier logo proudly emblazoned on its side. Forrest Wilder writes about politics and the outdoors. As of February 9, 2023 What is Randa Duncan Williams's Net Worth? One of those people was Williamsthough she had not been one of the early suitors. The gift dwarfed any previous donation to the Texas Medical Center. She's very well read, independent-minded and proud of her Texas heritage.". 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. It operates through the following segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. 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. 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. ./Wednesday, Feb. 18, 2009, in 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. They have one child. It made for tough times for Duncan, whose business philosophy was all about growing the company. His father, an itinerant pipeliner, died of leukemia when Duncan was 17. Randa Duncan Williams is the largest individual Enterprise Products Partners shareholder, owning 974.90M shares representing 44.91% of the company. 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. The four siblings are tied for the second wealthiest people in Houston. Fleeing for Your Life? 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. Wendy Davis Returns to the Texas Capitol and a Whole New Political Landscape. Today is another milestone in our continuing relationship and I wish both the ship and the Grenadier 4X4 well.. 13. 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 Williams Duncan enjoys the highest profile among Houston's richest family. The chairman of both Texas Monthly, LLC, and EPCO is Randa Duncan Williams. Russias War On Ukraine: Daily News And Information From Ukraine, Todays Wordle #623 Hint, Clues And Answer For Saturday, March 4th, WWE SmackDown Results: Winners And Grades As Rhodes And Reigns Finally Face Off, The Forbes 400 2022: 10 Richest Newcomers, The Forbes 400 2022: 10 Billionaires Under 40, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Are ticket costs pricing Houston Astros fans out of Opening Day? That's what makes me emotional.". 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. The situation in which Lea finds herself is not one that is often confronted in movies, and by wallowing in the misery of it, its as if Deck is refusing to let viewers off the hook by letting them look away. 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. . Since then, he has hunted with the Eskimos of the North in Canada, the Pygmies of the Central African Republic, the Bushman people of Botswana and the nomads of Northern Africa.
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