Todd Ackerman was a veteran reporter who covered medicine for the Houston Chronicle. She doesn't flaunt her wealth by driving fancy cars or other conspicuously flashy indulgences. 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. To keep in shape for the hunts, Duncan would walk up and down the stairs at work, as many as 200 flights a day. The Director DefendantRanda Duncan Williams, O.S . 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. 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,. Randa is Duncan's eldest child, at 57. On HoustonChronicle.com: Houston billionaire buys Texas Monthly. She was named executor of her fathers estate when he died. A self-made man, he started with a $250 loan from his dad and left a charitable foundation with initial assets of $178 million. With a law degree from the University of Houston, Williams practiced law for about 6 years beginning in 1988, handling toxic tort cases and property liability cases. 8. 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. 9. Theres a party going on deep in the heart of Texas. Williams is the only sibling involved in running the family business. She practiced law for a few years with the law firm Butler & Binon and Brown, Sims, Wise & White. FC Barcelona president Joan Laporta and Real Madrid counterpart Florentino Perez took advantage of their teams' Copa del Rey semi-final first leg meeting on Thursday to meet and discuss a strategy for the launch the European Super League (ESL), according to reports. Houston billionaire buys Texas Monthly, promising to invest and Wendy Davis Returns to the Texas Capitol and a Whole New Political Landscape. From age 8 until 17, by bus or train, all alone, he would journey around the country trips he said gave him a breadth of experience, the view that the world is a nice place, the confidence to approach and relate to people. Both his first and second wife succumbed to cancer. Williams also made The Houston Chronicle's, Brett Coomer, Houston Chronicle / Staff photographer, 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. Hes never overtly pushy; instead, he subtly influences her with kindness and attention. Use our Product finder instead. Duncan Williams is the eldest child of Dan Duncan, who was Houstons wealthiest man when he died in 2010. Details of the transaction werent made public. "I was enthralled by their vivid descriptions. This is a carousel. He was a risk taker - a wildcatter; a stock trader; and an entrepreneur. 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. Ann Walton Kroenke, one of the two daughters of Bud Walton, lives on a 535,000-acre ranch about 50 miles northwest of Wichita Falls. Hobbys tenure as chairman of Texas Monthly also saw some tumult, including several high-profile staff departures and accusations of editorial impropriety in early 2018, when then editor-in-chief Tim Taliaferro was alleged by the Columbia Journalism Review to have agreed to an arrangement in which the dating app Bumble would pay for social media promotion for a Texas Monthly cover story about Bumble founder Whitney Wolfe Herd. Get the Poynter newsletter that's right for you. 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. He was a low profile billionaire in a profitable but unsexy business. Randa Duncan Williams, Chairman of the general partner of Enterprise Products, says: At Enterprise we are delighted to work closely with INEOS. That requires resources. Randa Williams - Wikipedia HSTORICAL VOTERI REGISTRATION STATISTICS FOR 123-DAY/154-DAY REPORTS1 FOR PRESIDENTIAL ELECTION YEARS . Randa Duncan Williams. Sold! Randa Duncan Williams buys Texas Monthly, the latest - Poynter Find the perfect randa duncan williams stock photo, image, vector, illustration or 360 image. The brass at Enterprise Products was busy finalizing a blockbuster transaction in the summer of 2004, when Forbes magazine called with a question about the company's chairman. 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). When she gives money, shes selective and wants to ensure it will be spent appropriately. ("Dub") Andras, Looking for a product? The Hunt family, whose members are descendants of oil wildcatter H.L. She was on the trustee boards for the Manned Space Flight Education Foundation, River Oaks Baptist School and the Houston A+ Challenge. Patricia Sharpe writes a regular restaurant column, Pats Pick, for Texas Monthly. Only ConocoPhillips, valued at $68 billion, is larger among Houston-based companies. A spiritual woman who'd listen raptly to religious programs on the radio, she became Duncan's greatest influence. 11 on the Forbeslist.). Almost by definition, Enterprise seemed destined to stay under the radar. Back home, Duncan was breezing through school. Theyre not looking at it that way. Avara's sister Randa Duncan Williams is the only . My family is delighted to provide the resources to support this iconic Texas institution, which is nationally recognized for its editorial flair. 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. 1 of 11. And You Thought Feral Hogs Were Bad. Besides the Double D ranch, the Duncans have two houses a vacation home in Santa Fe, N.M., and a 35,000-square-foot colonial style plantation house in River Oaks, complete with wine cellar, pool house, old European tapestries and furniture, linen-fold paneling and hand-painted, biblically themed Delft tiles. Randa Williams Net Worth, Biography, and Insider Trading Randa enjoys the highest profile among the four Duncan siblings. Forbes ranks Williams as tied for the 88th wealthiest person in the United States with an estimated net worth of $6.2 billion. We know that Randa's political affiliation is unknown . [4], In 2019, she purchased Texas Monthly'. 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. Tucker is also well-suited for his part, coming off as non-threatening but still persuasive. 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. As she recalls the scene, Duncan jokes, "Great line.". With his ruddy complexion, smooth skin and occasionally impish grin, he exudes the warmth of your favorite uncle. They just do it in many different ways today. Houston Business Journal: "Dan Duncan dies at 77" by Casey Wooten, BusinessWeek: "Executive Profile - Randa Duncan Williams J.D. Where does she come from? Site designed and developed by The MTM Agency. The experience and those of his loved ones made a lasting impression. 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. Profession. The chairman of both Texas Monthly, LLC, and EPCO is Randa Duncan Williams. Grenadiers meet at the Pacific INEOS Grenadier naming ceremony. "What's unique, besides your assets and staff, is your relationships. 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. 13. And how much money does she have, anyways? For the second time since 2016, Texas Monthly magazine is getting a new owner. His nice guy look hides the type of person his character truly is. It is a truly uncompromising 4X4 built from the ground up, engineered to overcome all conditions. 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. Are ticket costs pricing Houston Astros fans out of Opening Day? A week later, he became ill with fever and chills. Party affiliation of the mayors of the 100 largest cities . Available for both RF and RM licensing. 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. Candidate Party Preference History for the last 10 years* United States Representative District 1 Candidate Party Preference County Timeframe Doug LaMalfa Max Steiner 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. Seeing the Grenadier 4X4 next to the VLEC was simply spectacular. A New Democrat, Duncan was the only non- Conservative MP from Alberta from the 2008 election until . Slowly but surely she falls for him, even though part of her knows the situation feels off. Her role is complex, but the novice actor handles everything thats asked of her extremely well. She also serves on the boards of trustees for numerous charitable organizations. Williams will be Texas Monthlys fourth owner since its founding by Mike Levy in 1973. Bring on the Shiplap. [8], She lives in Houston with her husband, and they have one child.[7]. She has her bachelor's degree in political science and economics from Rice University and her law degree from the University of Houston. Hobby said that he first received interest from potential buyers of Texas Monthly shortly after Genesis Park purchased the magazine. And she intends to provide them., She wants to own it forever, added Brown. She is worth about $9.1 billion and is married to sports and entertainment titan Stan Kroenke, whos worth an estimated $8.3 billion. Why Does He Get to Make That Call? According to its website, it has a, Dr. Patrick Soon-Shiong, the Los Angeles Times, All Rights Reserved Poynter Institute 2023, The Poynter Institute for Media Studies, Inc. is a non-profit 501(c)3. FC Barcelona head coach Xavi Hernandez and president Joan Laporta are not currently seeing eye to eye on the potential sale of misfit winger Raphinha this summer, according to reports. Randa Duncan Williams and her husband live in Houston, of course. Seaman Treasurer 1996 - present. In addition to its name, the ship also carries the Grenadier logo proudly emblazoned on its side. Both Brown and Goodgame emphasized that Texas Monthlys long tradition of deep reporting and longform storytelling will remain a core editorial focus. 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. 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. [7], In 2013, Williams was elected as Enterprise Production Partners' non-executive chairman. Use Next and Previous buttons to navigate. 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." 30 spot with a net worth of $10.8 billion. >>> Scroll through to see which other Houstonians made the list. Please visitwww.enterpriseproducts.comfor more information. Randa Duncan Williams Vice President 1996 - present. Houston billionaire Randa Duncan Williams, chairwoman of midstream giant Enterprise Product Partners LP and daughter of its late founder, leads the company that has now acquired Texas Monthly. These 4 Houstonians cash in on Forbes' list of richest American In 1995, Duncan waged his own battle with prostate cancer. 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. Order books are now open for Europe and other key launch markets. INEOS is a Registered Trademark, the property of INEOS Capital Limited. Support responsible news and fact-based information today! Three months later, the TB claimed his mother. Chairwoman of Houston-based Enterprise Products Partners, the pipeline giant founded by her father; purchased Texas Monthly in June 2019. Copyright 2022. Photo by Bob Levey/Getty Images for U.S. Fund for UNICEF. 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. Ms. Williams is the Chairman of Enterprise Products Holdings LLC. "In this business, everyone has the same product," said Duncan, who owns 37 percent of Enterprise. Randa Williams is marred to her husband, Charles A. Williams. David Thompson, CEO of INEOS Trading & Shipping, says: Todays ceremony was very special for INEOS. All rights reserved. The Petrochemical & Refined Products Services segment offers propylene fractionation, butane isomerization complex, octane enhancement, and refined products. The chairman of both Texas Monthly, LLC, and EPCO is Randa Duncan Williams. 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This chart shows Randa Duncan Williams's buying and selling at Enterprise Products Partners by year and by quarter. 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. As of February 9, 2023 What is Randa Duncan Williams's Net Worth? book to class, Oops! Suddenly, Duncan found himself owing 22 percent interest on the $500 million he was in debt. The net worth of each heir exceeds $5 billion. 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. 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. 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. 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 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. While the privately held magazine doesnt publicly discuss its finances, Goodgame said the last few quarters were spent taking this great storytelling brand and extending it from print, which is still very important to us but we want to take that same storytelling out to the newer platforms where audience is growing, and where revenue is growing, and where Texans want to get their storytelling these days.. Most recently, on Wednesday, September 30th, Randa Duncan Williams bought 15,000 shares of Enterprise Products Partners stock. The Dragon ships have been regularly transporting ethane across the Atlantic for over six years. She is chairwoman of Houston-based Enterprise Products Partners, the pipeline giant founded by her father, and owns Austin-based Texas Monthly magazine. 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. Williams joined the family business in 1994 and became president and CEO of Enterprise Products in 2001. Randa Duncan Williams is non-executive chairman of Enterprise Products Partners, the pipeline giant her father Dan Duncan (d. 2010) founded in 1968. Dan Duncan founded Enterprise Products Partners in 1968. Theres An App for That. He was dead in a week. She can recall, paragraph by paragraph, Texas Monthly articles from ten years ago.. TikTok Is Banking On Project Texas to Avoid a U.S. Ban. In person, the 73-year-old Duncan hardly fits the billionaire image. The Crude Oil Pipelines & Services segment owns a crude oil pipeline system. In January 2019, Hobby hired Dan Goodgame, a veteran magazine editor and correspondent (most notably at Time magazine) whod most recently worked as a communications executive at the San Antoniobased cloud computing company Rackspace, to be the new editor-in-chief. Elsewhere in Texas, The Walton family once again reigns as the richest family in the U.S., according Forbes. Enterprise Products owns over 50,000 miles of energy pipelines, natural gas processing plants and a large oil storage facility on the Gulf Coast. Goodgame said hes proud of Texas Monthlys recent growth across platforms that extends to live events, podcasts and beyond. Duncan was part of an illustrious Houston philanthropic . It made for tough times for Duncan, whose business philosophy was all about growing the company. Hints and clues to help you with today's Wordle. She's very well read, independent-minded and proud of her Texas heritage.". Ethane has spurred the modern petrochemical boom along the Gulf Coast by creating the building block chemicals for most plastics. Duncan's rise didn't come without struggles. 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. 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. His children Randa Duncan Williams, Milane Frantz, Dannine Duncan Avara and Scott Duncan inherited a $10 billion estate from Dan when he died in 2010. Each has an estimated net worth of $6.2 billion. Jos R. Ralat is Texas Monthlys taco editor, writing about tacos and Mexican food. 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. Williams is now in the company of other wealthy citizens who boast legacy media crown jewels in their holdings, including: The sale is the latest in a line of transactions in which a wealthy citizen swoops in to snatch up a venerate and often faltering brand. Need to know more? Did Enterprise dispute the amount? Randa Duncan Williams - Director, Enterprise Products Partners Lp. This is a carousel. Randa Williams - Biography Randa Duncan Williams - Bloomberg 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. He was right. 10 things to know about Randa Duncan Williams, the Houston billionaire who just bought Texas Monthly. Randa Duncan Williams has a net worth of $7.2 billion. PATRICK . Duncan was the first overall pick in the 1959 NFL Draft by the Green . Because she regularly had to check in to a sanatorium and his father was on the road, Duncan and his brother moved in with their grandmother, a nearly blind woman who instructed them in life's lessons the Golden Rule, the value of a day's work. Enterprise Products, which has an estimated 7,000 employees, is currently ranked at. Learn More on Randa Duncan Williams' trading history. Randa Duncan Williams Net Worth & Insider Trades Hackett predicts the biggest player is likely to be Randa Duncan Williams, the late oil man's daughter who heads the family foundation. Duncan Williams is a member of the board of trustees of the Houston Zoo and the Houston Museum of Natural Science. The Grenadier 4X4 combines British spirit and design with German engineering rigour. Williams, of Houston is the chair of Enterprise Products Partners, a pipeline giant founded by her late father, Dan Duncan, in 1968. .
