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. The vehicle was present as a guest of honour on the quayside as the ceremony took place. The Basses hold down the No. The ship also has the potential to carry other products such as LPG and ethylene. He earned a degree from Massey Business College, then got his start at Wanda Petroleum, a small, independent trucking and underground storage company. Williams will be Texas Monthly 's fourth owner since its founding by Mike Levy in 1973. book to class, Oops! 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. Like Hobby, whose father served as lieutenant governor of Texas and whose grandfather was governor, Williams, 57, comes from a legendary Texas family. The chairman of both Texas Monthly, LLC, and EPCO is Randa Duncan Williams. 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. 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. Donald Trumps real net worth? INEOS makes major $1.4 billion acquisition of US onshore oil and gas assets, INEOS Announces Closing of Offering of Senior Secured Notes Due 2028. Use Next and Previous buttons to navigate. When she gives money, shes selective and wants to ensure it will be spent appropriately. She had strong opinions about things.. She is the Chairwoman of Enterprise's board of directors. 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. Randa Duncan was born to Barbara Ann and Dan Duncan. Order books are now open for Europe and other key launch markets. The richest among them are billionaires Ray Lee Hunt and W. Herbert Hunt, both of Dallas. Duncan Williams is a member of the board of trustees of the Houston Zoo and the Houston Museum of Natural Science. Print ad revenue has declined in the same period. The Austin-based publication is being acquired by an entity owned by Houston investor Randa Duncan Williams, Texas Mon Reflects change since 5 pm ET of prior trading day. 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. She was on the trustee boards for the Manned Space Flight Education Foundation, River Oaks Baptist School and the Houston A+ Challenge. ("Dub") Andras, But it's easy to give. Profession. 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. 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. "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. 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. Robert is the wealthiest of the foursome. 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. Dan Duncan famously founded the energy empire that would become Enterprise Products Partners with just $10,000 and a couple of propane trucks. It also is a story full of tragedy. 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. Above you can find out the answers to those questions and more. 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. Scott B. She is a major philanthropist who focuses on medicine, education, the arts, and cultural institutions. They have one child. Her role is complex, but the novice actor handles everything thats asked of her extremely well. Randa Duncan Williams has not been actively trading shares of Enterprise Products Partners during the last quarter. The company now owns close to 50,000 miles of energy pipelines and natural gas processing plants, as well as a large oil storage facility on the Gulf Coast. Enterprise Products Partners has a market value of $63 billion. She graduated from Rice University with a degree in political science and economics, then earned her law degree from the University of Houston. For the second time since 2016, Texas Monthly magazine is getting a new owner. [3] Due to a temporary repeal in the estate tax law for the year 2010, Duncan became, along with her siblings, one of the first American billionaires to pay no estate tax since its enactment. "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. Its products make an indispensable contribution to society by providing the most sustainable options for a wide range of societal needs. To that end, Texas Monthly recently switched its representation in Hollywood from William Morris Endeavor to Creative Artists Agency. We know that Randa's political affiliation is unknown . Natural gas liquids, or NGLs, are feedstocks for petrochemicals. A self-made man, he started with a $250 loan from his dad and left a charitable foundation with initial assets of $178 million. Slowly but surely she falls for him, even though part of her knows the situation feels off. She is chairwoman of Houston-based Enterprise Products Partners, the pipeline giant founded by her father, and owns Austin-based Texas Monthly magazine. Duncan said he didn't dwell on his grief in those days, he explains, a young child's concept of life and death wasn't what it is now. 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. 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. Shes not ostentatious and she doesnt flaunt her wealth with fancy cars and other flashy indulgences, friends say. Lawyer, environmental consultant. Theyre not looking at it that way. 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 . Under Hobbys ownership, Texas Monthly began to aggressively reshape its business and editorial operations for this new reality. Biography [ edit] Randa Duncan was born to Barbara Ann and Dan Duncan. Mimi Swartz is a staff writer based in Houston. People consume storytelling more than they ever have, Goodgame said. 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. >>> Scroll through to see which other Houstonians made the list. Williams is the only one of four siblingsall of whom inherited equal stakes in the companyinvolved in running the family business. 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. Texas Monthly should be in good hands under her stewardship, Stein said. All rights reserved. The Dragon ships have been regularly transporting ethane across the Atlantic for over six years. The companys annual sales are around $28 billion. She previously served on the board of directors of Encore Bancshares. Duncan Williams is the eldest child of Dan Duncan, who was Houstons wealthiest man when he died in 2010. 18 on the Forbes list with a net worth of $15.5 billion. 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. Genesis Park paid $25 million for the brand in 2016, and Hobby called this new deal an ideal outcome for everyone involved. ", 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. Houston investor Randa Duncan Williams pledges to protect the magazines legacy and boost investments in its long-term growth. Williams is the daughter of the late Dan Duncan, who was formerly the richest man in Houston. She also serves on the boards of trustees for numerous charitable organizations. Business & Economy; 25 richest families in America . 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. 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 Palm Trees and Power Lines, Lea (Lily McInerny) is a 17-year-old girl on summer break in Southern California, spending her days lying out in the sun and hanging out with her best friend, Amber (Quinn Frankel), among others. The family fortune has more than doubled . 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.
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