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Stock photos, 360 images, vectors and videos Enterprise Products Partners LP operates as holding company, which engages in the production and trade of natural gas and petrochemicals. 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. A spiritual woman who'd listen raptly to religious programs on the radio, she became Duncan's greatest influence. Enterprise Products owns over 50,000 miles of energy pipelines, natural gas processing plants and a large oil storage facility on the Gulf Coast. 2023 Celebrity Net Worth / All Rights Reserved. He thought that such a new business niche could make him a profitable living. Grateful for the treatment he received at Baylor and convinced of the need to move cancer research forward, he gave the medical school $100 million two months ago. 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. 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. The Director DefendantRanda Duncan Williams, O.S . It is a truly uncompromising 4X4 built from the ground up, engineered to overcome all conditions. His boss, after all, had amassed his fortune with few people outside the industry noticing and he liked it that way. [1], She has a JD from the University of Houston and a bachelor's degree from Rice University.[2]. The way it played out is poetic.. 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 NGL Pipelines & Services segment manages a natural gas processing facility and a related gathering system. In 2016, Hobby led private equity investors from Genesis Park to buy the magazine for $25 million. 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. 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. Jan, whose first marriage failed because her husband didn't want to be married, broke down in tears, moved. Since the Baylor gifts and the Forbes listing, Duncan has become the hot new target of the city's fundraisers. 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.. Butt, grandson of H-E-B founder Florence Butt, and three relatives sister Mary Butt Crook and two nephews own H-E-B. Shes not ostentatious and she doesnt flaunt her wealth with fancy cars and other flashy indulgences, friends say. [8], She lives in Houston with her husband, and they have one child.[7]. Williams joined the family business in 1994 and became president and CEO of Enterprise Products in 2001. If you fill out the first name, last name, or agree to terms fields, you will NOT be added to the newsletter list. 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. "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. Hunt, sit at No. Todd Ackerman was a veteran reporter who covered medicine for the Houston Chronicle. One of those people was Williamsthough she had not been one of the early suitors. Williams is the only sibling involved in running the family business. His nice guy look hides the type of person his character truly is. 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. Are ticket costs pricing Houston Astros fans out of Opening Day? Texas Monthly should be in good hands under her stewardship, Stein said. They were very young children when their father famously founded Enterprise Product Partners with $10,000 and a couple of propane trucks. Print ad revenue has declined in the same period. Did Enterprise dispute the amount? The Natural Gas Pipelines & Services segment stores and transports natural gas. He was a risk taker - a wildcatter; a stock trader; and an entrepreneur. 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. 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!' A Texas history buff owning a magazine about Texas seems like a natural fit. And she intends to provide them., She wants to own it forever, added Brown. Levy sold the magazine to Indiana-based Emmis Communications in 1998, and that company sold it in late 2016 to Hobby. 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. Shes a trained lawyer, a Texas history buff, a devoted mother, a billionaire heiress and the chairwoman of the largest Houston company that isnt a household name. $2.5 billion, according to our most recent tally. 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. She sits on the board of the University of Texas Health Science Center where a clinic is named after her father at the Children's Learning Institute. "I certainly never expected him to become a billionaire.". 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. He was a low profile billionaire in a profitable but unsexy business. Like her father, Randa stays out of the spotlight. 13. Randa Duncan Williams's Enterprise Products Partners shares are currently valued at $24.98B.If you're new to stock investing, . So, who is she? While 2020 has been a nightmare financially for many, some locals have cashed in. It's receiving that's harder. 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. Theres An App for That. Natural gas liquids, or NGLs, are feedstocks for petrochemicals. Forbes lists Williams at the 290th richest person in the world, with an estimated net worth of $6.4 billion. HSTORICAL VOTERI REGISTRATION STATISTICS FOR 123-DAY/154-DAY REPORTS1 FOR PRESIDENTIAL ELECTION YEARS . Randa Duncan Williams is the daughter of the late Dan Duncan, who was the richest man in Houston when he died in 2010. Williams earned a Bachelor's Degree from Rice University. Back home, Duncan was breezing through school. Neither Duncan nor Hobby disclosed details of the deal announced Tuesday. In 1995, Duncan waged his own battle with prostate cancer. As new forms of digital media have changed consumer habits and upended the advertising industry, many traditionally print-based publishing businesses have shut their doors, downsized, or consolidated. 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. 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. By the late 1970s, when Enterprise really started building assets, Duncan could borrow $300 million from the bank. Randa Duncan was born to Barbara Ann and Dan Duncan. By 1973, it was a $3 million 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. In most of the nation's largest cities, mayoral elections are officially nonpartisan.However, many officeholders are affiliated with political parties. Dan Duncan founded Enterprise Products Partners in 1968. Randa is the only one of Dan Duncan's children still involved in the family business. Paul Klotman, M.D. Scott B. He later became one of the largest pipeline operators in the United States. 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. Dan Duncan died of a cerebral hemorrhage at his home in Houston on March 28, 2010. 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. Using a process known as fractionation, Enterprise treats and separates natural gas liquids into individual products such as propane, butane and, especially, ethane. She previously served on the board of directors of Encore Bancshares. 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. Looking for a product? She joined Enterprise in 1994 as vice president. Biography [ edit] Randa Duncan was born to Barbara Ann and Dan Duncan. When he was 3 1/2 , his mother came down with tuberculosis. Use Next and Previous buttons to navigate. Jimmy Carters Peanut-and-Egg Taco Made Quite the Impression on San Antonians. PACs. 10 things to know about Randa Duncan Williams, the Houston billionaire who just bought Texas Monthly. Inside the Bro-tastic Party Mansions Upending a Historic Austin Community. She practiced law for a few years with the law firm Butler & Binon and Brown, Sims, Wise & White. Manchester City are now ready to sell Bernardo Silva to FC Barcelona and have named their asking price for the Portuguese midfielder, according to reports. Both Brown and Goodgame emphasized that Texas Monthlys long tradition of deep reporting and longform storytelling will remain a core editorial focus. About INEOS: INEOS is a global manufacturing company making the raw materials and energy used for everyday life. "In fact, he's smart as a whip, someone who doesn't forget a thing, someone you really have to listen to closely.". He liberated airlines and trucking and enabled the 1980s-1990s boom. 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. ("Dub") Andras, As a child, Duncan lost his mother to tuberculosis and his only sibling, an older brother, to tetanus. INEOS is a Registered Trademark, the property of INEOS Capital Limited. Randa Duncan Williams - Director, Enterprise Products Partners Lp. Photo by Bob Levey/Getty Images for U.S. Fund for UNICEF. Williams is the daughter of the late Dan Duncan, who was formerly the richest man in Houston. 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. 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. 3rd party / other. The handoff of ownership becomes official June 30. Its rattlesnake season in Texas. The corporate mailing address for Ms. Williams and other Enterprise Products Partners executives is 1100 LOUISIANA 10TH FLOOR, HOUSTON TX, 77002. 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. Elsewhere in Texas, The Walton family once again reigns as the richest family in the U.S., according Forbes. She inherited $3.1 billion upon the death of her father. She's very well read, independent-minded and proud of her Texas heritage.". Joe M. Bailey 1996 - present. Fleeing for Your Life? . June 25, 2019 35 Texas Monthly magazine has a new owner. The company was founded by Dan L. Duncan in April 1998 and is headquartered in Houston, TX. She can treat it more like a non-profit. Are ticket costs pricing Houston Astros fans out of Opening Day? [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. 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). "Giving to the community is a way to make a difference. Their net worth: $247 billion. And You Thought Feral Hogs Were Bad. Williamss purchase of Texas Monthly comes at a time of great change in the media industry. Need to know more? Randa Williams Duncan enjoys the highest profile among Houston's richest family. Randa Duncan Williams, a Houston billionaire, has purchased the Austin-based magazine. Randa Williams lives in Houston, TX; previous city include La Porte TX. He not only had become Houston's richest man, he'd stayed one of its least conspicuous. 30 spot with a net worth of $10.8 billion. "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 Basses hold down the No. Randa Duncan Williams is the daughter of the late Dan Duncan, who was the richest man in Houston when he died in 2010. Duncan Williams, 57, is the only one of Duncans children actively involved in the family business, where she chairs Enterprises board of directors. 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. Handout / Texas Monthly Show More Show Less 2 of 11. Enterprise Product Partners is a company which stores, processes and transports oil and gas, known as a midstream operator. Randa Duncan Williams is Chairman at Enterprise Products Co. See Randa Duncan Williams's compensation, career history, education, & memberships. 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." The Duncan Family is the 21st-wealthiest family in the world, with a combined $26 billion net worth. Forbes says the stock generates more than $700 million in annual dividend income for the family. The ship is fitted with Type B tanks, a new design for transporting liquified ethane that optimises vessel capacity. 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. Bring on the Shiplap. Williams served as the president and chief executive officer (CEO) of Enterprise Products and vice president at Enterprise Products from 1994 to February 2001. Learn More on Enterprise Products Partners' active insiders. While all of the Waltons dont live in the Lone Star State, members of four of the countrys other wealthiest families do. Theyre not looking at it that way. "My idea was to build an asset-based, midstream company that'd serve the industry better than Wanda," Duncan said. 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. Chart Data in Insider Trading History Table. The history of film is full of both real and fictional cautionary tales, showing how quickly someone can go from leading a relatively normal life to having their world completely turned upside down. The breakthrough started in the late '90s. She and her 3 siblings each hold an 8% stake in the family business. The Dragon ships have been regularly transporting ethane across the Atlantic for over six years. If I did it over, I'd never be this lucky again.". 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. Order books are now open for Europe and other key launch markets. Dan Duncan famously founded the energy empire that would become Enterprise Products Partners with just $10,000 and a couple of propane trucks. 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. 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. 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. People consume storytelling more than they ever have, Goodgame said. He was right. Only pipeline magnate Rich Kinder, with a net worth of $7.3 billion, outranks them. 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. The richest among them are billionaires Ray Lee Hunt and W. Herbert Hunt, both of Dallas. 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. Dave Rossman, freelance / For the Chronicle. Houston investor Randa Duncan Williams pledges to protect the magazines legacy and boost investments in its long-term growth. 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. However, the publication last changed hands in 2016 for $25 million. 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. With his ruddy complexion, smooth skin and occasionally impish grin, he exudes the warmth of your favorite uncle. In addition to its name, the ship also carries the Grenadier logo proudly emblazoned on its side. 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. Theres a party going on deep in the heart of Texas. Two and a half years after the award-winning publication was sold to Genesis Park, the Houston-based private equity firm founded by Paul Hobby, it has been purchased by Texas Monthly, LLC, a newly formed affiliate of Enterprise Products Company (EPCO), a privately held firm also based in Houston. Goodgame said hes proud of Texas Monthlys recent growth across platforms that extends to live events, podcasts and beyond. 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. 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. This weeks Current Climate, which every Saturday brings you the latest news about the business of sustainability. 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. In addition to a more robust web presence, Texas Monthly has introduced new podcasts and new live events such as Texas Monthly LIVE and the annual EDGE: The Texas Monthly Festival. The net worth of each heir exceeds $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. Under Hobbys ownership, Texas Monthly began to aggressively reshape its business and editorial operations for this new reality.

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