Looking for a product? 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. 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. And You Thought Feral Hogs Were Bad. Austin-based Texas Monthly sold to Houston billionaire following 14. Scott B. They were very young children when their father famously founded Enterprise Product Partners with $10,000 and a couple of propane trucks. But they don't attend many functions on Houston's social circuit. The richest among them are billionaires Ray Lee Hunt and W. Herbert Hunt, both of Dallas. Support responsible news and fact-based information today! He was a low profile billionaire in a profitable but unsexy business. $2.5 billion, according to our most recent tally. 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. Peter Dawson is a digital reporter in Houston. Find the perfect randa duncan williams stock photo, image, vector, illustration or 360 image. "My family is delighted to provide the resources to support this iconic Texas institution, which is nationally recognized for its editorial flair.". On HoustonChronicle.com: Houston billionaire buys Texas Monthly. All four Duncan siblings have identical wealth and ranking (both in the U.S. and in globally). The Duncan Family is the 21st-wealthiest family in the world, with a combined $26 billion net worth. 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. Additionally, she sits on the board of the University of Texas Health Science Center. 13. New Democratic Party. 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. How The Duncan Family Became One Of The Wealthiest Families On The Planet With A Combined Net Worth Of $26 Billion. Donald Trumps real net worth? Randa Duncan Williams is non-executive chairman of Enterprise Products Partners, the pipeline giant her father Dan Duncan (d. 2010) founded in 1968. 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. When she gives money, shes selective and wants to ensure it will be spent appropriately. Author John Graves Was a Literary Godfather to Texas Monthly, Red McCombs Turned Old San Antonio on Its Head, Attorney General Ken Paxton Agrees to Apologize and Pay $3.3 Million to Whistleblowers, Running Into Fire: The Legacy of Jeff Blackburn. Williams is a well-known philanthropist who contributes to numerous Houston-based charities. Dave Rossman, freelance / For the Chronicle. WWE SmackDown results as Cody Rhodes and Roman Reigns come face-to-face. It highlights perfectly the immense breadth of the company which now spans from chemicals and energy, to fashion and automotive. Jan, whose first marriage failed because her husband didn't want to be married, broke down in tears, moved. The current estimated net worth of Enterprise. It also is a story full of tragedy. But What Is It? Under Hobbys ownership, Texas Monthly began to aggressively reshape its business and editorial operations for this new reality. PACs. TikTok Is Banking On Project Texas to Avoid a U.S. Ban. Randa Duncan Williams Net Worth & Insider Trades 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. 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. In most of the nation's largest cities, mayoral elections are officially nonpartisan.However, many officeholders are affiliated with political parties. Chip Gaines Bought Larry McMurtrys Historic Texas Bookstore. Business & Economy; 25 richest families in America . To keep in shape for the hunts, Duncan would walk up and down the stairs at work, as many as 200 flights a day. 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. Fire Ants Have Unleashed Chaos in Texas for Decades. 3rd party / other. [4], In 2019, she purchased Texas Monthly'. 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. In January 2019, Hobby hired Dan Goodgame, a veteran magazine editor and correspondent (most notably at Time magazine) whod most recently worked as a communications executive at the San Antoniobased cloud computing company Rackspace, to be the new editor-in-chief. 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. There, all manner of beasts pose majestically lions, leopards, bears, elephants trophies of a lifetime of big-game hunting on every continent but Antarctica. 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. Need to know more? Sec Form 4 To that end, Texas Monthly recently switched its representation in Hollywood from William Morris Endeavor to Creative Artists Agency. As part of its greenhouse gas emission reduction strategy, there is widespread goal to move to a more circular economy, in which materials are re-used to their maximum extent. "Giving to the community is a way to make a difference. Investors are already flocking there for a chance at 1,000%+ returns. The companys annual sales are around $28 billion. Midstream operations, so-called because they involve the transportation, processing and storage of oil and gas, aren't as flashy as punching holes in the ground. This is a carousel. Houston pitmaster goes viral after hilarious TV interview, Houston billionaire buys Texas Monthly, promising to invest and invigorate National Magazine of Texas, 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. Duncan's other secret was his dedication, a work ethic evident by his plan "to keep doing this until they carry me out in a box." Houston investor Randa Duncan Williams pledges to protect the magazines legacy and boost investments in its long-term growth. Enterprise Product Partners is a company which stores, processes and transports oil and gas, known as a midstream operator. 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. Learn More on Enterprise Products Partners' active insiders. Hobby said that he first received interest from potential buyers of Texas Monthly shortly after Genesis Park purchased the magazine. Three months later, the TB claimed his mother. Ms. Williams is the Chairman of Enterprise Products Holdings LLC. Prior to joining the company, she practiced law with the firms Butler & Binion and Brown, Sims, Wise & White. Above you can find out the answers to those questions and more. The company now owns close to 50,000 miles of energy pipelines and natural gas processing plants, as well as a large . Only pipeline magnate Rich Kinder, with a net worth of $7.3 billion, outranks them. In 2018, according to the Forbes 400, Williams, along with two of her siblings. By 1973, it was a $3 million company. Please visitwww.enterpriseproducts.comfor more information. 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. Randa Duncan Williams - Bloomberg Today, though his international hunting trips are largely behind him, he looks as trim and fit as ever. 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. 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. Houston's richest man raises his profile - Chron The chairman of both Texas Monthly, LLC, and EPCO is Randa Duncan Williams. Theyre not looking at it that way. 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. 10 things to know about Randa Duncan Williams, the Houston - Chron Texas Monthly magazine sold to Enterprise Products affiliate led by 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. She doesn't flaunt her wealth by driving fancy cars or other conspicuously flashy indulgences. "Major companies wanted to do business with companies with significant assets. She can help strengthen the magazine without needing it to be a money maker. Its products make an indispensable contribution to society by providing the most sustainable options for a wide range of societal needs. Williams joined the family business in 1994 and became president and CEO of Enterprise Products in 2001. Williams is the only one of four. 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. A Texas history buff owning a magazine about Texas seems like a natural fit. Natural gas liquids, or NGLs, are feedstocks for petrochemicals. The Safari Club International Record Book, which lists the biggest animals ever legally shot, has 550 entries for him. Since the Baylor gifts and the Forbes listing, Duncan has become the hot new target of the city's fundraisers. Are ticket costs pricing Houston Astros fans out of Opening Day? Forbes says the stock generates more than $700 million in annual dividend income for the family. The gas and oil company is still under family control. 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 . So, who is she? Ann Walton Kroenke, one of the two daughters of Bud Walton, lives on a 535,000-acre ranch about 50 miles northwest of Wichita Falls. Leave them blank to get signed up. Truth be told, there's little left for Duncan to pursue. The ship is fitted with Type B tanks, a new design for transporting liquified ethane that optimises vessel capacity. Randa Duncan Williams Vice President 1996 - present. PDF Secretary of State - California 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. Levy sold the magazine to Indiana-based Emmis Communications in 1998, and that company sold it in late 2016 to Hobby. After practicing law for several years, she joined Enterprise in 1994, becoming chairwoman in 2013. "My idea was to build an asset-based, midstream company that'd serve the industry better than Wanda," Duncan said. Levy sold the. "People sometimes ask me if I had to do it over again, would I do something different," said Duncan, reflecting on his career during a recent return flight from his ranch. 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. They have looked at the business through every lens. 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. Enterprise is Mont Belvieus biggest player. Houston pipeline heirs strike it rich as wealthiest family in Texas Margaret Alkek Williams Chairman 2005 - present Board member since 1996 Charles A. Williams President 1996 - present. Texas Monthly has a new owner. She was elected as a board director in 2010 and as chairman in 2013. It wasn't long before it was just the two of them. Randy Duncan - Wikipedia (The Duncans come in at No. "I was enthralled by their vivid descriptions. 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.. But, for some, Williams might not be a household name. Because nobody is perfect, humans are prone to innumerable bad decisions, or to being manipulated by others into doing things they wouldnt normally do. Insiders at Enterprise Products Partners own 32.6% of the company. In person, the 73-year-old Duncan hardly fits the billionaire image. If you earn people's trust, you'll receive the first call when they want to make a deal.". 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 the second time in less than three years, Texas Monthly has a new owner. Seeing the Grenadier 4X4 next to the VLEC was simply spectacular. Hackett predicts the biggest player is likely to be Randa Duncan Williams, the late oil man's daughter who heads the family foundation. A Right-wing Cabal Took Over Odessas Municipal Government. 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. Order books are now open for Europe and other key launch markets. I remember Randa as being very engaged and politically active, Stein said. Randa Williams - Biography Today is another milestone in our continuing relationship and I wish both the ship and the Grenadier 4X4 well.. Randa L Williams, 61 - Houston, TX - Reputation & Contact Details These 4 Houstonians cash in on Forbes' list of richest American 16 / 25. The net worth of each heir exceeds $5 billion. 2023 Celebrity Net Worth / All Rights Reserved. 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. Why Does He Get to Make That Call? Houston billionaire buys Texas Monthly, promising to invest and 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. 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. It operates through the following segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. ", Houston Business Journal: "Duncan heirs added to Forbes richest 400 list" by Casey Wooten, New York Times: "Legacy for One Billionaire: Death, but No Taxes" By DAVID KOCIENIEWSKI, "10 things to know about Randa Duncan Williams, the Houston billionaire who just bought Texas Monthly", "Texas Monthly gets new ownership, again", Forbes: The World's Billionaires - Randa Williams, https://en.wikipedia.org/w/index.php?title=Randa_Williams&oldid=1108418741, American businesspeople in the oil industry, Creative Commons Attribution-ShareAlike License 3.0, holding an 8% stake in Enterprise Products, This page was last edited on 4 September 2022, at 08:21. 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. Randa enjoys the highest profile among the four Duncan siblings. He thought that such a new business niche could make him a profitable living. Forrest Wilder writes about politics and the outdoors. She was named executor of her fathers estate when he died. Randa duncan williams hi-res stock photography and images - Alamy "What's unique, besides your assets and staff, is your relationships. Randa Duncan Williams is Chairman at Enterprise Products Co. See Randa Duncan Williams's compensation, career history, education, & memberships. She was on the trustee boards for the Manned Space Flight Education Foundation, River Oaks Baptist School and the Houston A+ Challenge. ("Dub") Andras, 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. David Courtney, a.k.a. If I did it over, I'd never be this lucky again.". 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. Enter your email address below to get our daily insider buying and selling report. A New Democrat, Duncan was the only non- Conservative MP from Alberta from the 2008 election until . Forbes recently listed Williams as the ninth wealthiest person in Texas. City Employees Are Heading for the Exits. Houston looks for new generation of top givers - Chron Hes never overtly pushy; instead, he subtly influences her with kindness and attention. June 25, 2019 35 Texas Monthly magazine has a new owner. A newspaper article once dubbed her father the invisible billionaire. Duncan Williams prefers the background as well. But it's easy to give. time of the 2009 Sale, by Duncan and members of his family. Both his first and second wife succumbed to cancer. Williamss purchase of Texas Monthly comes at a time of great change in the media industry. "In this business, everyone has the same product," said Duncan, who owns 37 percent of Enterprise. 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 . The company was founded by Dan L. Duncan in April 1998 and is headquartered in Houston, TX. "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. Duncan Williams is a member of the board of trustees of the Houston Zoo and the Houston Museum of Natural Science. 25 Richest Families in America | Stacker She graduated from Rice University with a degree in political science and economics, then earned her law degree from the University of Houston. Editor-in-chief Dan Goodgame said the mood around the office is light, and hes spent the day responding to well-wishers via email and text. Back home, Duncan was breezing through school. About INEOS: INEOS is a global manufacturing company making the raw materials and energy used for everyday life. Both Goodgame and Brown expressed great hopes for the companys future under Williams. She practiced law for a few years with the law firm Butler & Binon and Brown, Sims, Wise & White. We are also proud ambassadors of the uncompromising Grenadier 4X4. 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, Paul Hobby, for an undisclosed amount. Duncan can sneak up on you. 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.. Randa Williams is marred to her husband, Charles A. Williams. 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). Williams is the only one of four siblingsall of whom inherited equal stakes in the companyinvolved in running the family business. [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. A natural with numbers, Duncan quickly rose from accounting to operation and sales to executive vice president. 30 spot with a net worth of $10.8 billion. He not only had become Houston's richest man, he'd stayed one of its least conspicuous. Profession. 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. Use our Product finder instead. 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.. Randa Duncan Williams, a Houston billionaire, has purchased the Austin-based magazine. Suddenly, Duncan found himself owing 22 percent interest on the $500 million he was in debt. We use cookies to make sure you get the most from our website.