(Eric Kayne/Chronicle), Randa Duncan-Williams and Charles Williams at the Musuem of Natural Science Ball Saturday March 4,2006. In 1995, Duncan waged his own battle with prostate cancer. She also serves on the boards of trustees for numerous charitable organizations. book to class, Oops! However, the publication last changed hands in 2016 for $25 million. Robert is the wealthiest of the foursome. Williamss purchase of Texas Monthly comes at a time of great change in the media industry. Randa Williams is marred to her husband, Charles A. Williams. Are insane ticket costs pricing Astros fans out of Opening Day? Chart Data in Insider Trading History Table. They were very young children when their father famously founded Enterprise Product Partners with $10,000 and a couple of propane trucks. Order books are now open for Europe and other key launch markets. Top party schools in every state. Todd Ackerman was a veteran reporter who covered medicine for the Houston Chronicle. "My idea was to build an asset-based, midstream company that'd serve the industry better than Wanda," Duncan said. Insiders at Enterprise Products Partners own 32.6% of the company. If Alice Walton were a family unto herself, shed rank as the fourth wealthiest clan in the country. Randa Duncan Williams's Enterprise Products Partners shares are currently valued at $24.98B.If you're new to stock investing, . Her father, Dan Duncan, was the co-founder of Enterprise Products. The vehicle was present as a guest of honour on the quayside as the ceremony took place. Forbes recently listed Williams as the ninth wealthiest person in Texas. I have been an avid Texas Monthly reader since I was a teenager, Williams said in a statement. 30 spot with a net worth of $10.8 billion. Williams will be Texas Monthlys fourth owner since its founding by Mike Levy in 1973. Randa Duncan Williams and her husband live in Houston, of course. Learn More on Randa Duncan Williams' trading history. She can help strengthen the magazine without needing it to be a money maker. Headquarters: 38 Hans Crescent, Knightsbridge, London, SW1X 0LZ, UK. 1 of 11. His boss, after all, had amassed his fortune with few people outside the industry noticing and he liked it that way. Randa Williams lives in Houston, TX; previous city include La Porte TX. Randa Duncan Williams Vice President 1996 - present. Hints and clues to help you with today's Wordle. Enterprises political action committee may give money primarily to Republicans, but her political science professor at Rice, Robert Stein, remembers Duncan Williams as public policy-minded and decidedly more liberal. By 1973, it was a $3 million company. After practicing law for several years, she joined Enterprise in 1994, becoming chairwoman in 2013. If I did it over, I'd never be this lucky again.". Can College Sports Get More Absurd Than SMU Joining the Pac-12? ("Dub") Andras, "My family is delighted to provide the resources to support this iconic Texas institution, which is nationally recognized for its editorial flair.". 18 on the Forbes list with a net worth of $15.5 billion. 9. Williams is the only one of four. his eldest daughter, Randa Duncan Williams, chairs the Enterprise Products Partners board. Duncan Williams, 57, is the only one of Duncans children actively involved in the family business, where she chairs Enterprises board of directors. In addition, she serves as Chairman of Enterprise Products Company, Chairman & President of the Dan L Duncan Foundation, and Chairman of Texas Monthly, LLC. (The Duncans come in at No. That requires resources. The partnerships assets include more than 50,000 miles of pipelines; over 260 million barrels of storage capacity for NGLs, crude oil, refined products and petrochemicals; and 14 billion cubic feet of natural gas storage capacity. 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. 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. Learn More about insider trades at Enterprise Products Partners. His nice guy look hides the type of person his character truly is. Ms. Williams is the Chairman of Enterprise Products Holdings LLC. The net worth of each heir exceeds $5 billion. 13. 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. 15 among the countrys wealthiest families is the Butt family, with a net worth of $17.8 billion. We know that Randa's political affiliation is unknown . The Director DefendantRanda Duncan Williams, O.S . Learn More on Enterprise Products Partners' active insiders. But leaders at Texas Monthly said their most recent ownership set them up for success and made the purchase attractive for Williams. The Breakfast Klub sues prominent City Hall consultant for fraud, Texas wants to ban delta-8, but veterans are pushing back, Exclusive: Abbott explains push against diversity hiring programs, Lauren Daigle at Houston Rodeo: 'God always has your number', Galveston gets fourth Carnival Cruise Line, UH, Texas A&M removing DEI statements from hiring practices, Man dead, person arrested after suspected homicide in League City, 1960s River Oaks strip center to be replaced by luxe apartments, Houston is the most stressful city to work in, says new study, Houston battery recycling startup ACE partners with China's GGE, CERAWeek is growing with Houstons energy industry, Business calendar of upcoming events in the Houston area, New tech will help you and Siri, Google and Alexa work better. Although they werent born into exorbitant wealth, Duncan Williams and her three siblings are tied as the second-wealthiest Houstonians with a net worth of more than $6 billion each, according to Forbes magazine. She and her 3 siblings each hold an 8% stake in the family business. After school, she practiced law with Butler & Binion and Brown, Sims, Wise & White. Levy sold the magazine to Indiana-based Emmis Communications in 1998, and that company sold it in late 2016 to Hobby. The Duncan family's net worth comes from pipeline company Enterprise Product Partners, which was founded by Dan Duncanin 1968. Enterprise Products Partners has a market value of $63 billion. On HoustonChronicle.com: Houston billionaire buys Texas Monthly. 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. Its rattlesnake season in Texas. Enterprise is Mont Belvieus biggest player. 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). The family fortune has more than doubled . 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. In 2018, according to the Forbes 400, Williams, along with two of her siblings. The current estimated net worth of Enterprise. She joined Enterprise in 1994 as vice president. The Duncan Family is the 21st-wealthiest family in the world, with a combined $26 billion net worth. He said he is confident that Williams understands journalistic principles of editorial freedom, and is committed long-term. Outside, 20 species of native and exotic game roam the 5,000-acre spread named the Double D. Duncan's passion for hunting dates to boyhood jaunts for small game in East Texas, but it reawakened in his mid-30s, after a trip to New Mexico to hunt Rocky Mountain elk. Dan Duncan needs no reminder. She also serves on the governance and capital projects committees. This website is published by INEOS on behalf of its businesses. This weeks Current Climate, which every Saturday brings you the latest news about the business of sustainability. Heres what you need to know. Print ad revenue has declined in the same period. 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. 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. To keep in shape for the hunts, Duncan would walk up and down the stairs at work, as many as 200 flights a day. Texas Monthly has a new owner. Are ticket costs pricing Houston Astros fans out of Opening Day? She had strong opinions about things.. Peter Dawson is a digital reporter in Houston. Duncan Williams is the eldest child of Dan Duncan, who was Houstons wealthiest man when he died in 2010. With his ruddy complexion, smooth skin and occasionally impish grin, he exudes the warmth of your favorite uncle. By the time she discovers the truth about Toms life, it may be too late to go back. While 2020 has been a nightmare financially for many, some locals have cashed in. Williams is the only one of four siblingsall of whom inherited equal stakes in the companyinvolved in running the family business. New Democratic Party. Shes very well read, independent-minded and proud of her Texas heritage.. "Giving to the community is a way to make a difference. 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. Joe M. Bailey 1996 - present. Randa Duncan Williams has not been actively trading shares of Enterprise Products Partners during the last quarter. Shes not ostentatious and she doesnt flaunt her wealth with fancy cars and other flashy indulgences, friends say. It wasn't long before it was just the two of them. 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). Weve got somebody who understands that whats required here is patient capital, Goodgame said, someone whos not looking at this as the best risk-adjusted ROI on their next dollar. 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. Randa is the only one of Dan Duncan's children still involved in the family business. Biography [ edit] Randa Duncan was born to Barbara Ann and Dan Duncan. 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.. 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. "I was enthralled by their vivid descriptions. Get notified the next time Randa Duncan Williams buys or sells Enterprise Products Partners stock. A Federal Judge in Amarillo Could Effectively Ban the Abortion Pill. While all of the Waltons dont live in the Lone Star State, members of four of the countrys other wealthiest families do. In a business environment where journalists at many publications have become accustomed to hearing that theyll have to produce more content across more platforms with fewer resources, its great news, Goodgame said, that Williams aims to build on the work of Genesis Park and boost long-term investments in Texas Monthlys editorial staff, subscription marketing, and other key areas. 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. Dave Rossman, freelance / For the Chronicle. To that end, Texas Monthly recently switched its representation in Hollywood from William Morris Endeavor to Creative Artists Agency. Houston investor Randa Duncan Williams pledges to protect the magazines legacy and boost investments in its long-term growth. Please visitwww.enterpriseproducts.comfor more information. Inside the Bro-tastic Party Mansions Upending a Historic Austin Community. The NGL Pipelines & Services segment manages a natural gas processing facility and a related gathering system. 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. The experience and those of his loved ones made a lasting impression. She is the Chairwoman of Enterprise's board of directors. Wendy Davis Returns to the Texas Capitol and a Whole New Political Landscape. A self-made man, he started with a $250 loan from his dad and left a charitable foundation with initial assets of $178 million. from the University of Houston. Fire Ants Have Unleashed Chaos in Texas for Decades. Jan, whose first marriage failed because her husband didn't want to be married, broke down in tears, moved. The next summer, he began traveling to visit his father wherever he was working. 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. 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. Texas Monthly should be in good hands under her stewardship, Stein said. Enterprise Products, which has an estimated 7,000 employees, is currently ranked at. Stock photos, 360 images, vectors and videos She loves Texas Monthly as much as anybody ever did. 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. 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. Both individuals are Houstonians. City Employees Are Heading for the Exits. The most recent insider tranaction occured on December, 27th when Director Carin Marcy Barth bought 5,000 shares worth more than $119,950.00. The Dragon ships have been regularly transporting ethane across the Atlantic for over six years. Support responsible news and fact-based information today! Enemies are nowhere to be found. "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. Dan Duncan famously founded the energy empire that would become Enterprise Products Partners with just $10,000 and a couple of propane trucks. Theyre not looking at it that way. As one of the two largest companies of its kind in the nation, Enterprise boasts more than 32,000 miles of onshore and offshore pipelines and nearly 175 million barrel equivalents of natural gas and natural gas liquids storage capacity. This chart shows Randa Duncan Williams's buying and selling at Enterprise Products Partners by year and by quarter. 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. Randa Duncan Williams, a Houston billionaire and philanthropist. The Basses hold down the No. He graduated at 16, a four-sport letterman who twice skipped grades even though he said he never brought a book home. The Duncan Family is the 21st-wealthiest family in the world, with a. Both Goodgame and Brown expressed great hopes for the companys future under Williams. The net worth of each heir exceeds $5 billion. 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. Margaret Alkek Williams Chairman 2005 - present Board member since 1996 Charles A. Williams President 1996 - present. Because nobody is perfect, humans are prone to innumerable bad decisions, or to being manipulated by others into doing things they wouldnt normally do. 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. This is a carousel. 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. As a child, Duncan lost his mother to tuberculosis and his only sibling, an older brother, to tetanus. It took Duncan to show them it was in their financial interest to outsource them to an independent company, to get such assets off their books. Avara's sister Randa Duncan Williams is the only . Randa Williams Duncan enjoys the highest profile among Houston's richest family. He was right. [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. 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. Like Hobby, whose father served as lieutenant governor of Texas and whose grandfather was governor, Williams, 57, comes from a legendary Texas family. 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. 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. 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 process of connecting wells to consumers is one of the most unglamorous but profitable corners of the energy industry. For the second time since 2016, Texas Monthly magazine is getting a new owner. 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. All Rights Reserved. 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. Daniel Vaughn is the countrys first barbecue editor, and he has eaten more barbecue than you have. book to class, Oops! 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.. Most recently, on Wednesday, September 30th, Randa Duncan Williams bought 15,000 shares of Enterprise Products Partners stock. Reflects change since 5 pm ET of prior trading day. 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. 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. Learn More on Enterprise Products Partners' active insiders. At 230 metres it is longer than two American football pitches combined (eight basketball courts). 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 a well-known philanthropist who contributes to numerous Houston-based charities. 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. 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. 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." It operates through the following segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. 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. According to the company, Texas Monthlys total audience has grown 76 percent since late 2016. But they don't attend many functions on Houston's social circuit. 8. 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. Today is another milestone in our continuing relationship and I wish both the ship and the Grenadier 4X4 well.. Chip Gaines Bought Larry McMurtrys Historic Texas Bookstore. Are ticket costs pricing Houston Astros fans out of Opening Day? 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. Hackett predicts the biggest player is likely to be Randa Duncan Williams, the late oil man's daughter who heads the family foundation. The four siblings are tied for the second wealthiest people in Houston. 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. "No," replied Randy Burkhalter, Duncan's director of investor relations, "but do you really have to print that?". 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. [8], She lives in Houston with her husband, and they have one child.[7]. "What's unique, besides your assets and staff, is your relationships. "I tell them no. Williams served as the president and chief executive officer (CEO) of Enterprise Products and vice president at Enterprise Products from 1994 to February 2001. David Thompson, CEO of INEOS Trading & Shipping, says: Todays ceremony was very special for INEOS.
