The process of connecting wells to consumers is one of the most unglamorous but profitable corners of the energy industry. 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. 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. For example, preservation of food and clean water; construction of wind turbines, solar panels and other renewable technologies; for construction of lighter and more fuel-efficient vehicles and aircraft; for medical devices and applications; for clothing and apparel; and for insulation and other industrial and home applications. The Duncan Family is the 21st-wealthiest family in the world, with a combined $26 billion net worth. "He's the anti-stereotype," said Jeff Share, editor of Pipeline & Gas Journal, a trade publication based in Houston. "I was enthralled by their vivid descriptions. Duncan started Enterprise Products in 1968 with $10,000 and a truck; now it owns over 50,000 miles of natural gas, oil and petrochemical pipelines. Texas Billionaire Heiress Randa Duncan Williams Prefers To Stay Out Of 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.. Learn More on Enterprise Products Partners' active insiders. The richest among them are billionaires Ray Lee Hunt and W. Herbert Hunt, both of Dallas. Deck structures the film so that Lea is almost the perfect victim, someone whos alienated from those close to her and more than willing to accept someone who promises a type of escape. The Safari Club International Record Book, which lists the biggest animals ever legally shot, has 550 entries for him. Randa Duncan Williams is the daughter of the late Dan Duncan, who was the richest man in Houston when he died in 2010. But it's easy to give. 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. Dan Duncan died of a cerebral hemorrhage at his home in Houston on March 28, 2010. Bill White, the former mayor of Houston said: "I can't think of a better steward for the heritage of Texas Monthly. 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. Duncan was the first overall pick in the 1959 NFL Draft by the Green . A graduate of the University of California at Los Angeles, he previously worked for the Raleigh News & Observer, the National Catholic Register, the Los Angeles Downtown News and the San Clemente Sun-Post. Williams earned herJuris Doctorate from the University of Houston College of Law. 2023 Forbes Media LLC. Her father, Dan Duncan, was the co-founder of Enterprise Products. 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. Williams is the only one of four siblingsall of whom inherited equal stakes in the companyinvolved in running the family business. 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. Both individuals are. 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. With his ruddy complexion, smooth skin and occasionally impish grin, he exudes the warmth of your favorite uncle. Under Hobbys ownership, Texas Monthly began to aggressively reshape its business and editorial operations for this new reality. The EIN for the organization is 59-1630423. Texas Monthly magazine sold to Enterprise Products affiliate led by She also serves on the governance and capital projects committees. Texas Monthly has a new owner. 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. Of course, until Duncan started Enterprise, midstream operations were handled by the major oil and gas companies themselves. She received . Here, the two are pictured at the TUTS gala at the Hobby Center on April 20, 2012. Randa Duncan Williams, Chairman of the general partner of Enterprise Products, says: At Enterprise we are delighted to work closely with INEOS. book to class, Oops! Ethane has spurred the modern petrochemical boom along the Gulf Coast by creating the building block chemicals for most plastics. The Duncan Family is the 21st-wealthiest family in the world, with a. It also is a story full of tragedy. 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. This chart shows Randa Duncan Williams's buying and selling at Enterprise Products Partners by year and by quarter. Texas Monthly gets new ownership, again - statesman.com The four Bass brothers Sid, Edward, Robert, and Lee each inherited $2.8 billion from their oil tycoon uncle Sid Richardson after his death in 1959. 10 things to know about Randa Duncan Williams, the Houston - Chron Alice Walton isnt the only Texan whos a member of the Walton dynasty. The next summer, he began traveling to visit his father wherever he was working. Enemies are nowhere to be found. News broke Monday that on Randa Duncan Williams has purchased Texas Monthly magazine from Paul Hobby. David Thompson, CEO of INEOS Trading & Shipping, says: Todays ceremony was very special for INEOS. Randa L Williams, 61 - Houston, TX - Reputation & Contact Details Fire Ants Have Unleashed Chaos in Texas for Decades. Theres a party going on deep in the heart of Texas. 10 things to know about Randa Duncan Williams, the Houston billionaire who just bought Texas Monthly. 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. Avara's sister Randa Duncan Williams is the only . Randa enjoys the highest profile among the four Duncan siblings. 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. All rights reserved. Randa Duncan Williams is non-executive chairman of Enterprise Products Partners, the pipeline giant her father Dan Duncan (d. 2010) founded in 1968. Hints and clues to help you with today's Wordle. If I did it over, I'd never be this lucky again.". | 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. How The Duncan Family Became One Of The Wealthiest Families On The Planet With A Combined Net Worth Of $26 Billion. Elsewhere in Texas, The Walton family once again reigns as the richest family in the U.S., according Forbes. She and her 3 siblings each hold an 8% stake in the family business. For the second time since 2016, Texas Monthly magazine is getting a new owner. Randa Duncan Williams, 59, is the non-executive chairman of Enterprise Products Partners, founded by her father Dan Duncan. Wendy Davis Returns to the Texas Capitol and a Whole New Political Landscape. Neither Duncan nor Hobby disclosed details of the deal announced Tuesday. Randa Williams is 61 years old and was born on 08/28/1961. his eldest daughter, Randa Duncan Williams, chairs the Enterprise Products Partners board. The children Dannine Avara, Scott Duncan, Milane Frantz, and Randa Williams inherited a tax-free $10 billion share of their father's estate following his death in 2010, when the so . New Democratic Party. Paul Klotman, M.D. He was only half kidding. In 1995, Duncan waged his own battle with prostate cancer. As she recalls the scene, Duncan jokes, "Great line.". His father, an itinerant pipeliner, died of leukemia when Duncan was 17. The USA, Canada and Mexico will follow by the end of this year, with first deliveries in 2023. The companys annual sales are around $28 billion. I remember Randa as being very engaged and politically active, Stein said. Are insane ticket costs pricing Astros fans out of Opening Day? Both his first and second wife succumbed to cancer. 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 served as the president and chief executive officer (CEO) of Enterprise Products and vice president at Enterprise Products from 1994 to February 2001. Houston Business Journal: "Dan Duncan dies at 77" by Casey Wooten, BusinessWeek: "Executive Profile - Randa Duncan Williams J.D. He was a risk taker - a wildcatter; a stock trader; and an entrepreneur. Read him on our breaking news site, Chron.com, and on our subscriber site, houstonchronicle.com. At No. 14. People consume storytelling more than they ever have, Goodgame said. Duncan Williams, who declined to be interviewed, said Tuesday that she will buy Texas Monthly, called the National Magazine of Texas, from a private equity group led by another Houstonian,. Duncan was part of an illustrious Houston philanthropic . Randa Duncan Williams - Political - LittleSis She was made chairwoman in 2013. That $247 billion sum represents close to half of Walmarts annual revenue and is equivalent to the size of Chiles economy. Williams is the daughter of the late Dan Duncan, who was formerly the richest man in Houston. In the Supreme Court of The State of Delaware Enterprise Products C.a 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. Randa Duncan Williams - Director, Enterprise Products Partners Lp. Sec Form 4 Houston billionaire buys Texas Monthly, promising to invest and The net worth of each heir exceeds $5 billion. But leaders at Texas Monthly said their most recent ownership set them up for success and made the purchase attractive for Williams. Stock photos, 360 images, vectors and videos The gift dwarfed any previous donation to the Texas Medical Center. In the last year, Enterprise Products Partners insiders bought shares 6 times. Hobbys group paid $25 million for the magazine in 2016. Like her daddy, she prefers to keep a low profile. In person, the 73-year-old Duncan hardly fits the billionaire image. Are ticket costs pricing Houston Astros fans out of Opening Day? 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 Duncan family's net worth comes from pipeline company Enterprise Product Partners, which was founded by Dan Duncanin 1968. "I certainly never expected him to become a billionaire.". 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. She can recall, paragraph by paragraph, Texas Monthly articles from ten years ago.. Suddenly, he was being forced to sell assets, cut overhead, arrange payment plans. 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. Jos R. Ralat is Texas Monthlys taco editor, writing about tacos and Mexican food. Forbes lists Williams at the 290th richest person in the world, with an estimated net worth of $6.4 billion. While all of the Waltons dont live in the Lone Star State, members of four of the countrys other wealthiest families do. Her role is complex, but the novice actor handles everything thats asked of her extremely well. The vehicle was present as a guest of honour on the quayside as the ceremony took place. INEOS makes major $1.4 billion acquisition of US onshore oil and gas assets, INEOS Announces Closing of Offering of Senior Secured Notes Due 2028. She is the Chairwoman of Enterprise's board of directors. 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. Feeling the call of these locales, I dreamed of traveling to each of them, and resolved to make that dream a reality.". Forbes says the stock generates more than $700 million in annual dividend income for the family. That's what makes me emotional.". The Hunt family, whose members are descendants of oil wildcatter H.L. 4 Houstonians cash in on Forbes' list of richest American families [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. (The Duncans come in at No. They were very young children when their father famously founded Enterprise Product Partners with $10,000 and a couple of propane trucks. 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. That requires resources. All Rights Reserved. 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. A week later, he became ill with fever and chills. 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. 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. Jimmy Carters Peanut-and-Egg Taco Made Quite the Impression on San Antonians. She loves Texas Monthly as much as anybody ever did. 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. Randa Williams Net Worth, Biography, and Insider Trading The Natural Gas Pipelines & Services segment stores and transports natural gas. 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. 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. Williams was quoted in a release as saying, My family is delighted to provide the resources to support this iconic Texas institution which is nationally recognized for its editorial flair.. The amount paid for what is called the National Magazine of Texas wasn't disclosed. I cant think of a better steward for the heritage of Texas Monthly, said former Houston Mayor Bill White, whos a close friend. In addition to its name, the ship also carries the Grenadier logo proudly emblazoned on its side. "In this business, everyone has the same product," said Duncan, who owns 37 percent of Enterprise. Dannine Avara - Forbes Robert is the wealthiest of the foursome. The net worth of each heir exceeds $5 billion. Enterprise Products, which has an estimated 7,000 employees, is currently ranked at. A Federal Judge in Amarillo Could Effectively Ban the Abortion Pill. The journalistic integrity and quality for which Texas Monthly is known will remain unchanged as we build upon what Genesis Park has done over the past two years., Hobby praised Williams as a quiet, smart, and decisive leader. Headquarters: 38 Hans Crescent, Knightsbridge, London, SW1X 0LZ, UK. New billionaire owner of Texas Monthly prefers background Randa Duncan Williams is non-executive chairman of Enterprise Products Partners, the pipeline giant her father Dan Duncan (d. 2010) founded in 1968. The chairman of both Texas Monthly, LLC, and EPCO is Randa Duncan Williams. City Employees Are Heading for the Exits. HSTORICAL VOTERI REGISTRATION STATISTICS FOR 123-DAY/154-DAY REPORTS1 FOR PRESIDENTIAL ELECTION YEARS . 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. Duncan Williams is the eldest child of Dan Duncan, who was Houstons wealthiest man when he died in 2010. She is worth about $9.1 billion and is married to sports and entertainment titan Stan Kroenke, whos worth an estimated $8.3 billion. Forrest Wilder writes about politics and the outdoors. After practicing law for several years, she joined Enterprise in 1994, becoming chairwoman in 2013. Natural gas liquids, or NGLs, are feedstocks for petrochemicals. Hunt, sit at No. The ship is fitted with Type B tanks, a new design for transporting liquified ethane that optimises vessel capacity. I . Most recently, on Wednesday, September 30th, Randa Duncan Williams bought 15,000 shares of Enterprise Products Partners stock. Candidate Party Preference History for the last 10 years* United States Representative District 1 Candidate Party Preference County Timeframe Doug LaMalfa Max Steiner Today is another milestone in our continuing relationship and I wish both the ship and the Grenadier 4X4 well.. Here are the 15 richest people in Texas, according to Forbes 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. 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. He earned a degree from Massey Business College, then got his start at Wanda Petroleum, a small, independent trucking and underground storage company. Available for both RF and RM licensing. Randa Duncan Williams - Forbes When he was 3 1/2 , his mother came down with tuberculosis. 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. 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. Enterprise is Mont Belvieus biggest player. "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. Truth be told, there's little left for Duncan to pursue. Insiders at Enterprise Products Partners own 32.6% of the company. In that and a subsequent horrific scene, Deck is unflinching with the camera, placing it in a single location and rarely cutting, even when things get supremely uncomfortable. News broke Monday that on Randa Duncan Williams has purchased Texas Monthly magazine from Paul Hobby. 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). Shes not ostentatious and she doesnt flaunt her wealth with fancy cars and other flashy indulgences, friends say. He's taken more than 360 different species, including the Grand Slam of Sheep (the Dall, Stone, Desert and Rocky Mountain Bighorn) and the Big Five of Africa (elephant, rhinoceros, Cape buffalo, leopard and lion, considered the continent's most dangerous animals), both rare achievements. Seaman Treasurer 1996 - present. Williams is the only one of four. This is a carousel. Texas Monthly's New Owner - Texas Monthly 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. Are ticket costs pricing Houston Astros fans out of Opening Day? Randa Williams lives in Houston, TX; previous city include La Porte TX. 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 Texanist, is a staff writer. PDF REGISTRATION BY POLITICAL PARTY - California 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. 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. Austin-based Texas Monthly sold to Houston billionaire following From age 8 until 17, by bus or train, all alone, he would journey around the country trips he said gave him a breadth of experience, the view that the world is a nice place, the confidence to approach and relate to people. A self-made man, he started with a $250 loan from his dad and left a charitable foundation with initial assets of $178 million. Prior to that, she served as managing editor of Poynter.org. Enterprise Products Partners LP operates as holding company, which engages in the production and trade of natural gas and petrochemicals.