Duncan Williams, 57, is the only one of Duncans children actively involved in the family business, where she chairs Enterprises board of directors. To that end, Texas Monthly recently switched its representation in Hollywood from William Morris Endeavor to Creative Artists Agency. ", 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. 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. 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. The process of connecting wells to consumers is one of the most unglamorous but profitable corners of the energy industry. I remember Randa as being very engaged and politically active, Stein said. [4], In 2019, she purchased Texas Monthly'. Photo by Bob Levey/Getty Images for U.S. Fund for UNICEF. 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. Get the Poynter newsletter that's right for you. Randa Duncan Williams has not been actively trading shares of Enterprise Products Partners during the last quarter. Enterprise was sailing along in the early 1980s with more than $350 million of assets (including those of the just-purchased Wanda), when interest rates doubled. Charles Butt is chairman and CEO of the H-E-B grocery chain, based in San Antonio and parent company of Dallas-based Central Market. Ms. Williams is the Chairman of Enterprise Products Holdings LLC. 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. 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. 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. PDF Secretary of State - California He was only half kidding. (Dave Rossman/For the Chronicle). His boss, after all, had amassed his fortune with few people outside the industry noticing and he liked it that way. David Courtney, a.k.a. Dave Rossman, freelance / For the Chronicle. A newspaper article once dubbed her father the invisible billionaire. Duncan Williams prefers the background as well. Williams served as the president and chief executive officer (CEO) of Enterprise Products and vice president at Enterprise Products from 1994 to February 2001. He later became one of the largest pipeline operators in the United States. "In this business, everyone has the same product," said Duncan, who owns 37 percent of Enterprise. Almost by definition, Enterprise seemed destined to stay under the radar. Dan Duncan died of a cerebral hemorrhage at his home in Houston on March 28, 2010. Theyre not looking at it that way. 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. Levy sold the magazine to Indiana-based Emmis Communications in 1998, and that company sold it in late 2016 to Hobby. Their net worth: $247 billion. Randa Duncan Williams - Forbes 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. Randa duncan williams hi-res stock photography and images - Alamy his eldest daughter, Randa Duncan Williams, chairs the Enterprise Products Partners board. 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. Digital revenue has grown from 8 percent of ad sales in 2017 to 20 percent in 2019, while event sponsorship revenue has grown from 6 percent to 18 percent of the total. Sold! Randa Duncan Williams buys Texas Monthly, the latest - Poynter Use Next and Previous buttons to navigate. In February this year we launched the Pacific INEOS Belstaff, then the worlds largest ethane carrier, and today alongside our highly anticipated Grenadier 4X4 we have added the second of the worlds largest VLECs to our growing fleet.. Heres what you need to know. "The one who seemingly came out of nowhere.". If Alice Walton were a family unto herself, shed rank as the fourth wealthiest clan in the country. Williams is the daughter of the late Dan Duncan, who was formerly the richest man in Houston. Albert & Margaret Alkek Foundation - President's Message Profession. A New Democrat, Duncan was the only non- Conservative MP from Alberta from the 2008 election until . As she recalls the scene, Duncan jokes, "Great line.". 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. 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. It's receiving that's harder. 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. Palm Trees and Power Lines opens on March 3 in select theaters. Williams earned a Bachelor's Degree from Rice University. Its rattlesnake season in Texas. Mr John Lu, President of Pacific Gas said:We are delighted to deliver the Pacific INEOS Grenadier, the second of the largest VLECs in the world, as we extend INEOS ground-breaking ethane trading business. Investors are already flocking there for a chance at 1,000%+ returns. 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. Shes very well read, independent-minded and proud of her Texas heritage.. Duncan Williams is the eldest child of Dan Duncan, who was Houstons wealthiest man when he died in 2010. 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. . Randa Duncan Williams's Enterprise Products Partners shares are currently valued at $24.98B.If you're new to stock investing, . 1 of 11. There, all manner of beasts pose majestically lions, leopards, bears, elephants trophies of a lifetime of big-game hunting on every continent but Antarctica. 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. She received . Since the Baylor gifts and the Forbes. Austin-based Texas Monthly sold to Houston billionaire following Enemies are nowhere to be found. Her role is complex, but the novice actor handles everything thats asked of her extremely well. 13. She has her bachelor's degree in political science and economics from Rice University and her law degree from the University of Houston. Back home, Duncan was breezing through school. 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. It wasn't long before it was just the two of them. But they don't attend many functions on Houston's social circuit. 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. As of February 9, 2023 What is Randa Duncan Williams's Net Worth? By the time she discovers the truth about Toms life, it may be too late to go back. "I tell them no. Tucker is also well-suited for his part, coming off as non-threatening but still persuasive. Williams is the only one of four. According to its website, it has a paid circulation of 300,000 and is read monthly by 2.1 million people, or one out of 10 Texas adults. Are insane ticket costs pricing Astros fans out of Opening Day? 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. Here, the two are pictured at the TUTS gala at the Hobby Center on April 20, 2012. After school, she practiced law with Butler & Binion and Brown, Sims, Wise & White. (Eric Kayne/Chronicle), Randa Duncan-Williams and Charles Williams at the Musuem of Natural Science Ball Saturday March 4,2006. Because nobody is perfect, humans are prone to innumerable bad decisions, or to being manipulated by others into doing things they wouldnt normally do. Enterprise Products Partners' insider roster includes Graham Bacon (COO), Carin Barth (Director), Richard Boss (EVP of Accounting), W. Fowler (Co-CEO), John Rutherford (Director), AJ Teague (CEO), and Randa Williams (Director). At 230 metres it is longer than two American football pitches combined (eight basketball courts). 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. Randa Duncan Williams, 59, is the non-executive chairman of Enterprise Products Partners, founded by her father Dan Duncan. 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. News broke Monday that on Randa Duncan Williams has purchased Texas Monthly magazine from Paul Hobby. Seaman Treasurer 1996 - present. Prior to joining the company, she practiced law with the firms Butler & Binion and Brown, Sims, Wise & White. (The Duncans come in at No. In 2018, according to the Forbes 400, Williams, along with two of her siblings. Nowhere can that be more jarring than amid the hundreds of mounted animals at his ranch house in Smithville, about 50 miles southeast of Austin. Citing the Bible, Jan Duncan said it's important "not to draw attention to oneself, to do good quietly.". Daniel Vaughn is the countrys first barbecue editor, and he has eaten more barbecue than you have. She also serves on the governance and capital projects committees. Using a process known as fractionation, Enterprise treats and separates natural gas liquids into individual products such as propane, butane and, especially, ethane. When Duncan was 7, his brother, Joe, fell and cut his hand on a tin can. It is a truly uncompromising 4X4 built from the ground up, engineered to overcome all conditions. Texas Monthly magazine sold to Enterprise Products affiliate led by The Petrochemical & Refined Products Services segment offers propylene fractionation, butane isomerization complex, octane enhancement, and refined products. Learn More on Randa Duncan Williams' trading history. Enterprise is Mont Belvieus biggest player. 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. The next summer, he began traveling to visit his father wherever he was working. 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. Dannine Avara - Forbes 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. 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. 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. Hunt, sit at No. Can College Sports Get More Absurd Than SMU Joining the Pac-12? The Duncan Family is the 21st-wealthiest family in the world, with a. 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.. ./Wednesday, Feb. 18, 2009, in Houston. Randa Williams is marred to her husband, Charles A. Williams. The chairman of both Texas Monthly, LLC, and EPCO is Randa Duncan Williams. 9. Williams is the only one of four siblings involved in running the family business; all four inherited equal stakes in the company. I especially enjoy the longform storytelling that has helped earn the magazine fourteen National Magazine Awardsthe industrys equivalent of an Oscarover its 46-year history. News broke Monday that on Randa Duncan Williams has purchased Texas Monthly magazine from Paul Hobby. 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. The EIN for the organization is 59-1630423. Looking for a product? But its message, even if its tough to swallow, is a powerful one that deserves attention, and its delivered strongly by all involved. 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. He earned a degree from Massey Business College, then got his start at Wanda Petroleum, a small, independent trucking and underground storage company. 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. Donald Trumps real net worth? 8. book to class, Oops! 2023 Forbes Media LLC. Leave them blank to get signed up. His eldest daughter, Randa Duncan Williams, acknowledges that he wasn't around that much, but she said that wasn't uncommon among her circle of friends. "My idea was to build an asset-based, midstream company that'd serve the industry better than Wanda," Duncan said. At the ceremony, Randa Duncan Williams, Chairman of the general partner of Enterprise Products, formally named the ship and became its official Godmother. Williams is a well-known philanthropist who contributes to numerous Houston-based charities. She inherited $3.1 billion upon the death of her father. Are ticket costs pricing Houston Astros fans out of Opening Day? Albert & Margaret Alkek Foundation - Board and Staff Photo courtesy of Texas Monthly/Gittings Photography, These 4 Houstonians cash in on Forbes' list of richest American families, United Way 2014-15_Single Promoted Articles, MD Anderson Breast Cancer Promoted Article, Professional Skin Treatments by NuMe Express, CultureMap Houston Holiday Pop-up Shop 2017, Martha Turner Sotheby's International Realty, Discomfort of subject matter in Palm Trees and Power Lines serves to prove its strength. Handout / Texas Monthly Show More Show Less 2 of 11. Randa Duncan Williams, a Houston billionaire and philanthropist.
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