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. On this Wikipedia the language links are at the top of the page across from the article title. Bill White, the former mayor of Houston said: "I can't think of a better steward for the heritage of Texas Monthly. Jimmy Carters Peanut-and-Egg Taco Made Quite the Impression on San Antonians. 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. 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. Learn More about insider trades at Enterprise Products Partners. "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. "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. Sec Form 4 Print ad revenue has declined in the same period. 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. Randa Duncan Williams and her husband live in Houston, of course. 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. 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.. 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. The thing is, Duncan's story is epic stuff: self-made man who started his company with $10,000 and a trailer-truck; visionary new breed of oilman who carved out a niche that changed the industry; big game hunter who's stalked prey on six continents; record-setting philanthropist; cancer survivor. Enterprise went public in 1998, creating a master limited partnership, and began making monster transactions $7 billion worth in the next six years when some big companies ran into post-Enron financial trouble and needed to dump some midstream assets. Hackett predicts the biggest player is likely to be Randa Duncan Williams, the late oil man's daughter who heads the family foundation. Dannine Avara - Forbes The company was founded by Dan L. Duncan in April 1998 and is headquartered in Houston, TX. PACs. Since the Baylor gifts and the Forbes. Both Taliaferro and Hobby have repeatedly denied that any such deal took place. the Texanist, is a staff writer. All Rights Reserved. Duncan family - Forbes If you earn people's trust, you'll receive the first call when they want to make a deal.". 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. Political party. Only pipeline magnate Rich Kinder, with a net worth of $7.3 billion, outranks them. It wasn't long before it was just the two of them. The experience and those of his loved ones made a lasting impression. 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. 2023 Forbes Media LLC. My signaling was always, Lets complete the process of change first. Early this year, he said, the company retained Goldman Sachs to assist in a potential sale and identified multiple potential bidders who could be good stewards of the brand for the long term. McInerny, who is 24 in real life, has a look and demeanor that aids in the verisimilitude of the film immensely. The ship also has the potential to carry other products such as LPG and ethylene. Duncan had four adult children, each of whom is also a billionaire. The Basses hold down the No. Hobbys group paid $25 million for the magazine in 2016. 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 . Houston pipeline heirs strike it rich as wealthiest family in Texas Randa L Williams, 61 - Houston, TX - Reputation & Contact Details The way it played out is poetic.. 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. This website is published by INEOS on behalf of its businesses. We are also proud ambassadors of the uncompromising Grenadier 4X4. Randa enjoys the highest profile among the four Duncan siblings. Slowly but surely she falls for him, even though part of her knows the situation feels off. Prior to that, she served as managing editor of Poynter.org. She also serves on the governance and capital projects committees. He liberated airlines and trucking and enabled the 1980s-1990s boom. Site designed and developed by The MTM Agency. 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. 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. 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. 9. Williams joined the family business in 1994 and became president and CEO of Enterprise Products in 2001. Williams served as the president and chief executive officer (CEO) of Enterprise Products and vice president at Enterprise Products from 1994 to February 2001. Butt, grandson of H-E-B founder Florence Butt, and three relatives sister Mary Butt Crook and two nephews own H-E-B. Learn More on Randa Duncan Williams' contact information. "He's the anti-stereotype," said Jeff Share, editor of Pipeline & Gas Journal, a trade publication based in Houston. Houston pipeline heirs Dannine Avara, Scott Duncan, Milane Frantz, and Randa Duncan Williams tie for 12th place in Texas and tie for 161st nationally. And now Randa Duncan Williams is the new owner of the states top magazine, Texas Monthly. Albert & Margaret Alkek Foundation - Board and Staff 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. This is a carousel. Enterprise Products, which has an estimated 7,000 employees, is currently ranked at. 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." "What's unique, besides your assets and staff, is your relationships. "I was enthralled by their vivid descriptions. Handout / Texas Monthly Show More Show Less 2 of 11. Williams is a well-known philanthropist who contributes to numerous Houston-based charities. 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. Chart Data in Insider Trading History Table. Like her daddy, she prefers to keep a low profile. 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. Because nobody is perfect, humans are prone to innumerable bad decisions, or to being manipulated by others into doing things they wouldnt normally do. He said he is confident that Williams understands journalistic principles of editorial freedom, and is committed long-term. Are insane ticket costs pricing Astros fans out of Opening Day? I cant think of a better steward for the heritage of Texas Monthly, said former Houston Mayor Bill White, whos a close friend. Randa Williams - Wikipedia Robert is the wealthiest of the foursome. These 4 Houstonians cash in on Forbes' list of richest American Both Brown and Goodgame emphasized that Texas Monthlys long tradition of deep reporting and longform storytelling will remain a core editorial focus. By the late 1970s, when Enterprise really started building assets, Duncan could borrow $300 million from the bank. 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. Learn More on Randa Duncan Williams' trading history. 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. ", 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. In person, the 73-year-old Duncan hardly fits the billionaire image. 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. It will also be available on VOD for home viewing. Are insane ticket costs pricing Astros fans out of Opening Day? 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. Are ticket costs pricing Houston Astros fans out of Opening Day? She is the Chairwoman of Enterprise's board of directors. 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. The Duncan family's net worth comes from pipeline company Enterprise Product Partners, which was founded by Dan Duncanin 1968. 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. Copyright 2022. 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. She's in the news recently as she just bought her home state's top magazine, Texas Monthly. 2010 - present. It made for tough times for Duncan, whose business philosophy was all about growing the company. PDF REGISTRATION BY POLITICAL PARTY - California Use Next and Previous buttons to navigate. Order books are now open for Europe and other key launch markets. Enterprise is Mont Belvieus biggest player. There, all manner of beasts pose majestically lions, leopards, bears, elephants trophies of a lifetime of big-game hunting on every continent but Antarctica. Its rattlesnake season in Texas. 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. The Austin-based publication is being acquired by an entity owned by Houston investor Randa Duncan Williams, Texas Mon Inside the Bro-tastic Party Mansions Upending a Historic Austin Community. Sec Form 4 Mimi Swartz is a staff writer based in Houston. 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 net worth of each heir exceeds $5 billion. The Duncan Family is the 21st-wealthiest family in the world, with a. As a child, Duncan lost his mother to tuberculosis and his only sibling, an older brother, to tetanus. She can recall, paragraph by paragraph, Texas Monthly articles from ten years ago.. 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. 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 boards of trustees for numerous charitable organizations. "In this business, everyone has the same product," said Duncan, who owns 37 percent of Enterprise. Breadcrumb. Forbes estimates shes worth about $68 billion, making her the richest resident of Texas and the richest Walton heir. In addition to its name, the ship also carries the Grenadier logo proudly emblazoned on its side. Genesis Park paid $25 million for the brand in 2016, and Hobby called this new deal an ideal outcome for everyone involved. 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. He thought that such a new business niche could make him a profitable living. Report Date Eligible Voters2 Registered Voters Percent . [4], In 2019, she purchased Texas Monthly'. Houston Business Journal: "Dan Duncan dies at 77" by Casey Wooten, BusinessWeek: "Executive Profile - Randa Duncan Williams J.D. "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. Williams is the only sibling involved in running the family business. 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). 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. Scott B. 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,. He also gave $35 million to Baylor's new outpatient clinic and $10 million to the Children's Learning Institute at the University of Texas Health Science Center at Houston to create a neurodevelopmental clinic. Citing the Bible, Jan Duncan said it's important "not to draw attention to oneself, to do good quietly.". The process of connecting wells to consumers is one of the most unglamorous but profitable corners of the energy industry. Duncan was part of an illustrious Houston philanthropic . 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. Daniel Vaughn is the countrys first barbecue editor, and he has eaten more barbecue than you have. [8], She lives in Houston with her husband, and they have one child.[7]. Randa Duncan Williams, a Houston billionaire, has purchased the Austin-based magazine. Built in Jiangnan, China and operated by Pacific Gas, the Pacific INEOS Grenadier ismade of approximately 18,000 tonnes of steel and 40,000 metres of piping. Ethane has spurred the modern petrochemical boom along the Gulf Coast by creating the building block chemicals for most plastics. Read him on our breaking news site, Chron.com, and on our subscriber site, houstonchronicle.com. 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. Randa Williams Net Worth, Biography, and Insider Trading Williams will be Texas Monthlys fourth owner since its founding by Mike Levy in 1973. Randa Williams Duncan enjoys the highest profile among Houston's richest family. 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. >>> Scroll through to see which other Houstonians made the list. Randa duncan williams hi-res stock photography and images - Alamy The current estimated net worth of Enterprise. 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. His boss, after all, had amassed his fortune with few people outside the industry noticing and he liked it that way. But, for some, Williams might not be a household name. The Petrochemical & Refined Products Services segment offers propylene fractionation, butane isomerization complex, octane enhancement, and refined products. It provides world class off-road capability and durability to those who depend on a vehicle as a working tool, wherever they are in the world. "I tell them no. She previously served on the board of directors of Encore Bancshares. We know that Randa's political affiliation is unknown . 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. They have one child. He was right. The NGL Pipelines & Services segment manages a natural gas processing facility and a related gathering system. He was a low profile billionaire in a profitable but unsexy business. 15 among the countrys wealthiest families is the Butt family, with a net worth of $17.8 billion. Joe M. Bailey 1996 - present. Hearst Randolph "Randy" Duncan, Jr. (March 15, 1937 - September 27, 2016) was an American gridiron football quarterback and lawyer.. The Hunt family, whose members are descendants of oil wildcatter H.L. Additionally, she sits on the board of the University of Texas Health Science Center. This is a carousel. Only ConocoPhillips, valued at $68 billion, is larger among Houston-based companies. Truth be told, there's little left for Duncan to pursue. Hunt, sit at No. 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. 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. In most of the nation's largest cities, mayoral elections are officially nonpartisan.However, many officeholders are affiliated with political parties. Texas Monthly gets new ownership, again - statesman.com 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. 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. 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. All four Duncan siblings have identical wealth and ranking (both in the U.S. and in globally). While all of the Waltons dont live in the Lone Star State, members of four of the countrys other wealthiest families do. 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. Duncan Williams, 57, is the only one of Duncans children actively involved in the family business, where she chairs Enterprises board of directors. Back home, Duncan was breezing through school. As she recalls the scene, Duncan jokes, "Great line.". 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. Sold! Randa Duncan Williams buys Texas Monthly, the latest - Poynter The Duncan Family is the 21st-wealthiest family in the world, with a combined $26 billion net worth. The diligence process has been exhaustive, and they believe in Texas Monthly., Terms of the deal, which is set to close on June 30, 2019, were not disclosed. He played college football at the University of Iowa in the Big Ten Conference.He played in two Rose Bowls (January 1957, 1959) and was inducted into the College Football Hall of Fame (1997). Today, though his international hunting trips are largely behind him, he looks as trim and fit as ever. In the last year, Enterprise Products Partners insiders bought shares 6 times. Chairwoman of Houston-based Enterprise Products Partners, the pipeline giant founded by her father; purchased Texas Monthly in June 2019. Randa is the only one of Dan Duncan's children still involved in the family business. At the ceremony, Randa Duncan Williams, Chairman of the general partner of Enterprise Products, formally named the ship and became its official Godmother. Randa Duncan Williams. A natural with numbers, Duncan quickly rose from accounting to operation and sales to executive vice president. So, who is she? "Giving to the community is a way to make a difference. 13. Each has an estimated net worth of $6.2 billion. Use Next and Previous buttons to navigate, RANDA WILLIAMS - Portraits of each individual honoree to accompany her profile (head and shoulder). She was on the trustee boards for the Manned Space Flight Education Foundation, River Oaks Baptist School and the Houston A+ Challenge.
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