18 on the Forbes list with a net worth of $15.5 billion. 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. How The Duncan Family Became One Of The Wealthiest Families On The Planet With A Combined Net Worth Of $26 Billion. 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. His boss, after all, had amassed his fortune with few people outside the industry noticing and he liked it that way. HSTORICAL VOTERI REGISTRATION STATISTICS FOR 123-DAY/154-DAY REPORTS1 FOR PRESIDENTIAL ELECTION YEARS . He later became one of the largest pipeline operators in the United States. "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. She is chairwoman of Houston-based Enterprise Products Partners, the pipeline giant founded by her father, and owns Austin-based Texas Monthly magazine. Texas Monthly is the latest in a series of newsrooms to be scooped up and bolstered by the deep and patient pockets of legacy media-loving billionaires. Enterprise Products owns over 50,000 miles of energy pipelines, natural gas processing plants and a large oil storage facility on the Gulf Coast. 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. "He's the anti-stereotype," said Jeff Share, editor of Pipeline & Gas Journal, a trade publication based in Houston. She loves Texas Monthly as much as anybody ever did. PACs. Randa Duncan Williams Vice President 1996 - present. Insiders at Enterprise Products Partners own 32.6% of the company. Dan Duncan died of a cerebral hemorrhage at his home in Houston on March 28, 2010. 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). After school, she practiced law with Butler & Binion and Brown, Sims, Wise & White. 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. She received . Are ticket costs pricing Houston Astros fans out of Opening Day? The Duncan family's net worth comes from pipeline company Enterprise Product Partners, which was founded by Dan Duncanin 1968. Duncan had four adult children, each of whom is also a billionaire. He was dead in a week. This is a carousel. Duncan was the first overall pick in the 1959 NFL Draft by the Green . Levy sold the. 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. 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. While the privately held magazine doesnt publicly discuss its finances, Goodgame said the last few quarters were spent taking this great storytelling brand and extending it from print, which is still very important to us but we want to take that same storytelling out to the newer platforms where audience is growing, and where revenue is growing, and where Texans want to get their storytelling these days.. "My family is delighted to provide the resources to support this iconic Texas institution, which is nationally recognized for its editorial flair.". Use Next and Previous buttons to navigate. Tucker is also well-suited for his part, coming off as non-threatening but still persuasive. Her role is complex, but the novice actor handles everything thats asked of her extremely well. from the University of Houston. 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. 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. Learn More on Enterprise Products Partners' active insiders. TikTok Is Banking On Project Texas to Avoid a U.S. Ban. 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. Information on this page was last updated on 12/27/2022. After practicing law for several years, she joined Enterprise in 1994, becoming chairwoman in 2013. Patricia Sharpe writes a regular restaurant column, Pats Pick, for Texas Monthly. Alice Walton isnt the only Texan whos a member of the Walton dynasty. City Employees Are Heading for the Exits. Get notified the next time Randa Duncan Williams buys or sells Enterprise Products Partners stock. . She also serves on the boards of trustees for numerous charitable organizations. For the second time since 2016, Texas Monthly magazine is getting a new owner. 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. He was only half kidding. A spiritual woman who'd listen raptly to religious programs on the radio, she became Duncan's greatest influence. 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. Williams is the only one of four siblingsall of whom inherited equal stakes in the companyinvolved in running the family business. This weeks Current Climate, which every Saturday brings you the latest news about the business of sustainability. This is a carousel. Named after the rugged off-road vehicle, the Pacific INEOS Grenadier is a 99,000 CBM VLEC (Very Large Ethane Carrier) and is the latest ship to join the INEOS fleet. 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. "The one who seemingly came out of nowhere.". Williams earned herJuris Doctorate from the University of Houston College of Law. One example is Houstons Duncan family, with a net worth of $22 billion, who once again appear on the annual Forbes ranking of America's richest families. Duncan's rise didn't come without struggles. Outside Spending Groups. 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. Randa Duncan Williams is the daughter of the late Dan Duncan, who was the richest man in Houston when he died in 2010. Today is another milestone in our continuing relationship and I wish both the ship and the Grenadier 4X4 well.. Forbes also ranks her as tied for the 290th richest person in the world. The richest among them are billionaires Ray Lee Hunt and W. Herbert Hunt, both of Dallas. Find the perfect randa duncan williams stock photo, image, vector, illustration or 360 image. Plus, whether stronger penalties slow retail theft, the deal with all the near-misses on airport runways, and more. If Alice Walton were a family unto herself, shed rank as the fourth wealthiest clan in the country. Medicine and education are Duncan's pet causes. 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. 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. Stock photos, 360 images, vectors and videos 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,. 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. Daniel Vaughn is the countrys first barbecue editor, and he has eaten more barbecue than you have. 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. EPCO, Texas Monthlys new parent company, also owns various commercial real estate and ranching ventures, as well as a substantial stake in Enterprise Products Partners. But What Is It? Ms. Williams is the Chairman of Enterprise Products Holdings LLC. This website is published by INEOS on behalf of its businesses. Williamss purchase of Texas Monthly comes at a time of great change in the media industry. [4], In 2019, she purchased Texas Monthly'. If I did it over, I'd never be this lucky again.". Because nobody is perfect, humans are prone to innumerable bad decisions, or to being manipulated by others into doing things they wouldnt normally do. Randa enjoys the highest profile among the four Duncan siblings. 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. The chairman of both Texas Monthly, LLC, and EPCO is Randa Duncan Williams. 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 . 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. the Texanist, is a staff writer. The Hunt family, whose members are descendants of oil wildcatter H.L. 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. Enterprise Products Partners can also be reached via phone at (713) 381-6500 and via email at [emailprotected] Learn More on Randa Duncan Williams' contact information. Suddenly, he was being forced to sell assets, cut overhead, arrange payment plans. The EIN for the organization is 59-1630423. "He was smart, but I remember him mostly as an outstanding person nice, very well-liked, impeccably behaved," said Yvonne Wedgeworth, a high school classmate who still lives in Center. 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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 fact, he's smart as a whip, someone who doesn't forget a thing, someone you really have to listen to closely.". Three decades later, numerous companies in the Gulf Coast region have become successful following Enterprise's model. 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 . The ship also has the potential to carry other products such as LPG and ethylene. My family is delighted to provide the resources to support this iconic Texas institution, which is nationally recognized for its editorial flair. Duncan Williams is the eldest child of Dan Duncan, who was Houstons wealthiest man when he died in 2010. Randa and Charlie Williams at the Audrey Hepburn Society Ball at the . She was made chairwoman in 2013. In 1995, Duncan waged his own battle with prostate cancer. Randa Duncan Williams - Director, Enterprise Products Partners Lp. She practiced law for a few years with the law firm Butler & Binon and Brown, Sims, Wise & White. 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.