Randa Duncan Williams Net Worth & Insider Trades 30 spot with a net worth of $10.8 billion. 15 among the countrys wealthiest families is the Butt family, with a net worth of $17.8 billion. Robert is the wealthiest of the foursome. 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. She is chairwoman of Houston-based Enterprise Products Partners, the pipeline giant founded by her father, and owns Austin-based Texas Monthly magazine. Three decades later, numerous companies in the Gulf Coast region have become successful following Enterprise's model. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the RDW Family Trust, except to the extent of her pecuniary interest therein. Randa is the only one of Dan Duncan's children still involved in the family business. 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. She was on the trustee boards for the Manned Space Flight Education Foundation, River Oaks Baptist School and the Houston A+ Challenge. Randa Williams is marred to her husband, Charles A. Williams. INEOS businesses have put in place the plans and actions needed to ensure that they lead the transition to a net zero economy by no later than 2050, whilst remaining profitable, and staying ahead of evolving regulations and legislation. A Texas history buff owning a magazine about Texas seems like a natural fit. Randa enjoys the highest profile among the four Duncan siblings. When he was 3 1/2 , his mother came down with tuberculosis. She also serves on the governance and capital projects committees. 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. Elsewhere in Texas, The Walton family once again reigns as the richest family in the U.S., according Forbes. Randa Duncan Williams is the largest individual Enterprise Products Partners shareholder, owning 974.90M shares representing 44.91% of the company. 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. Theres An App for That. Order books are now open for Europe and other key launch markets. Print ad revenue has declined in the same period. But it's easy to give. Prior to that, she served as managing editor of Poynter.org. She's an attorney, a serious Texas history buff, a mother, a billionaire heiress, and the chairwoman of Enterprise Product Partners. David Thompson, CEO of INEOS Trading & Shipping, says: Todays ceremony was very special for INEOS. A newspaper article once dubbed her father the invisible billionaire. Duncan Williams prefers the background as well. If Alice Walton were a family unto herself, shed rank as the fourth wealthiest clan in the country. The Duncan family's net worth comes from pipeline company Enterprise Product Partners, which was founded by Dan Duncanin 1968. A Right-wing Cabal Took Over Odessas Municipal Government. 25 Richest Families in America | Stacker He was only half kidding. Randa Duncan Williams, a Houston billionaire and philanthropist. (The Duncans come in at No. Enterprise Product Partners is a company which stores, processes and transports oil and gas, known as a midstream operator. Dan Duncan needs no reminder. Prior to joining the company, she practiced law with the firms Butler & Binion and Brown, Sims, Wise & White. Richard Kinder and 10 other Houston billionaires cash in on Forbes list I remember Randa as being very engaged and politically active, Stein said. Austin-based Texas Monthly sold to Houston billionaire following If youve been thirsty for a legitimately huge UFC pay-per-view event, one that bridges the gap between casual mixed martial arts fans and the hardcore, there is one on the doc for Saturday night at the T-Mobile Arena in Las Vegas. 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. Stock photos, 360 images, vectors and videos Williams is a well-known philanthropist who contributes to numerous Houston-based charities. This website is published by INEOS on behalf of its businesses. She can help strengthen the magazine without needing it to be a money maker. June 25, 2019 35 Texas Monthly magazine has a new owner. Ms. Williams is the Chairman of Enterprise Products Holdings LLC. That $247 billion sum represents close to half of Walmarts annual revenue and is equivalent to the size of Chiles economy. ./Wednesday, Feb. 18, 2009, in Houston. And she intends to provide them., She wants to own it forever, added Brown. As of February 9, 2023 What is Randa Duncan Williams's Net Worth? Looking for a product? Dan Duncan founded Enterprise Products Partners in 1968. The NGL Pipelines & Services segment manages a natural gas processing facility and a related gathering system. Outside Spending Groups. The net worth of each heir exceeds $5 billion. But, for some, Williams might not be a household name. 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. And now Randa Duncan Williams is the new owner of the states top magazine, Texas Monthly. The Hunt family, whose members are descendants of oil wildcatter H.L. 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. Randa Duncan was born to Barbara Ann and Dan Duncan. Goodgame and Texas Monthly president Scott Brown will continue to work closely together and will report independently to Williams, as they did to Hobby. Learn More on Randa Duncan Williams' trading history. McInerny, who is 24 in real life, has a look and demeanor that aids in the verisimilitude of the film immensely. 18 on the Forbes list with a net worth of $15.5 billion. Enterprise Products owns over 50,000 miles of energy pipelines, natural gas processing plants and a large oil storage facility on the Gulf Coast. She had strong opinions about things.. 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. 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. Some brokers just had telephones.". 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. Descendants of Sam Walton and brother Bud Walton own about half of Walmarts stock. Randa Duncan Williams - Director, Enterprise Products Partners Lp. It is a truly uncompromising 4X4 built from the ground up, engineered to overcome all conditions. The experience and those of his loved ones made a lasting impression. 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. 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. Randa is Duncan's eldest child, at 57. The Safari Club International Record Book, which lists the biggest animals ever legally shot, has 550 entries for him. 11 on the Forbeslist.). 3rd party / other. Ethane has spurred the modern petrochemical boom along the Gulf Coast by creating the building block chemicals for most plastics. She also serves on the boards of trustees for numerous charitable organizations. City Employees Are Heading for the Exits. She and her 3 siblings each hold an 8% stake in the family business. 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). 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. Avara's sister Randa Duncan Williams is the only . Neither Duncan nor Hobby disclosed details of the deal announced Tuesday. 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 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. 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. Use Next and Previous buttons to navigate. 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,. Williams is the only one of four. 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. 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. Members of St. Theresa Catholic Church in Memorial Park, the couple say they're shy, more comfortable working behind the scenes than in the limelight. Randa Duncan Williams Vice President 1996 - present. ("Dub") Andras, Joe M. Bailey 1996 - present. [1], She has a JD from the University of Houston and a bachelor's degree from Rice University.[2]. 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. 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. He was right. Barbara Allen is the director of college programming for Poynter. The Grenadier 4X4 combines British spirit and design with German engineering rigour. PDF REGISTRATION BY POLITICAL PARTY - California Software entrepreneur Robert Brockman ranks 19th in Texas and ties for 229th nationally with a net worth of $4.7 billion. We are also proud ambassadors of the uncompromising Grenadier 4X4. 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." 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. According to the company, Texas Monthlys total audience has grown 76 percent since late 2016. The Natural Gas Pipelines & Services segment stores and transports natural gas. The four siblings are tied for the second wealthiest people in Houston. Texas Monthly has a new owner. In the Supreme Court of The State of Delaware Enterprise Products C.a They were very young children when their father famously founded Enterprise Product Partners with $10,000 and a couple of propane trucks. 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. For the second time in less than three years, Texas Monthly has a new owner. Williams holds a bachelors degree from Rice University and a J.D. Williams joined the family business in 1994 and became president and CEO of Enterprise Products in 2001. The impending takeover of HISD by the TEA dates back to 2019, when Wheatley High School triggered a state law by failing to meet accountability standards for seven consecutive years. In the last year, Enterprise Products Partners insiders bought shares 6 times. 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 is a major philanthropist who focuses on medicine, education, the arts, and cultural institutions. [7], In 2013, Williams was elected as Enterprise Production Partners' non-executive chairman. Duncan family - Forbes She loves Texas Monthly as much as anybody ever did. 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. However, the publication last changed hands in 2016 for $25 million. (Eric Kayne/Chronicle), Randa Duncan-Williams and Charles Williams at the Musuem of Natural Science Ball Saturday March 4,2006. The handoff of ownership becomes official June 30. 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!' Each has an estimated net worth of $6.2 billion. 16 / 25. Fire Ants Have Unleashed Chaos in Texas for Decades. That mindset has continued as a philanthropist, he said. "My idea was to build an asset-based, midstream company that'd serve the industry better than Wanda," Duncan said. time of the 2009 Sale, by Duncan and members of his family. book to class, Oops! Read him on our breaking news site, Chron.com, and on our subscriber site, houstonchronicle.com. 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). She's in the news recently as she just bought her home state's top magazine, Texas Monthly. 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. In 2018, according to the Forbes 400, Williams, along with two of her siblings. Randa enjoys the highest profile among the four Duncan siblings. 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. The company was founded by Dan L. Duncan in April 1998 and is headquartered in Houston, TX. Williams earned a Bachelor's Degree from Rice University. 4 Houstonians cash in on Forbes' list of richest American families Are ticket costs pricing Houston Astros fans out of Opening Day? Randa Duncan Williams. 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. She was named executor of her fathers estate when he died. 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. The most recent insider tranaction occured on December, 27th when Director Carin Marcy Barth bought 5,000 shares worth more than $119,950.00. Butt, grandson of H-E-B founder Florence Butt, and three relatives sister Mary Butt Crook and two nephews own H-E-B. These 4 Houstonians cash in on Forbes' list of richest American The Campaign to Sabotage Texass Public Schools. News broke Monday that on Randa Duncan Williams has purchased Texas Monthly magazine from Paul Hobby. The corporate mailing address for Ms. Williams and other Enterprise Products Partners executives is 1100 LOUISIANA 10TH FLOOR, HOUSTON TX, 77002. 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!' Slowly but surely she falls for him, even though part of her knows the situation feels off. Randa Williams is 61 years old and was born on 08/28/1961. That's what makes me emotional.". He graduated at 16, a four-sport letterman who twice skipped grades even though he said he never brought a book home. Both individuals are. Hints and clues to help you with today's Wordle. 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. A New Democrat, Duncan was the only non- Conservative MP from Alberta from the 2008 election until . Randa Duncan Williams is non-executive chairman of Enterprise Products Partners, the pipeline giant her father Dan Duncan (d. 2010) founded in 1968. TikTok Is Banking On Project Texas to Avoid a U.S. Ban. 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. 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. 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. [8], She lives in Houston with her husband, and they have one child.[7]. On HoustonChronicle.com: Houston billionaire buys Texas Monthly. The Duncan Family is the 21st-wealthiest family in the world, with a combined $26 billion net worth. "In fact, he's smart as a whip, someone who doesn't forget a thing, someone you really have to listen to closely.". Forbes says the stock generates more than $700 million in annual dividend income for the family. Houston pipeline heirs strike it rich as wealthiest family in Texas Medicine and education are Duncan's pet causes. "What's unique, besides your assets and staff, is your relationships. 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. Levy sold the magazine to Indiana-based Emmis Communications in 1998, and that company sold it in late 2016 to Hobby. Enterprise is Mont Belvieus biggest player. 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. Site designed and developed by The MTM Agency. It operates through the following segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. New billionaire owner of Texas Monthly prefers background 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. 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. And how much money does she have, anyways? One example is Houstons Duncan family, with a net worth of $22 billion, who once again appear on the annual Forbes ranking of America's richest families. To that end, Texas Monthly recently switched its representation in Hollywood from William Morris Endeavor to Creative Artists Agency. He later became one of the largest pipeline operators in the United States. Duncan was part of an illustrious Houston philanthropic . Williams is the only one of four siblingsall of whom inherited equal stakes in the companyinvolved in running the family business. Most recently, on Wednesday, September 30th, Randa Duncan Williams bought 15,000 shares of Enterprise Products Partners stock. 2010 - present. Bachelor of Arts/Science, Rice University; Doctor of Jurisprudence, University of Houston. Why Does He Get to Make That Call? Almost by definition, Enterprise seemed destined to stay under the radar. Palm Trees and Power Lines opens on March 3 in select theaters. Texas Monthly magazine sold to Enterprise Products affiliate led by Here, the two are pictured at the TUTS gala at the Hobby Center on April 20, 2012. She and her 3 siblings each hold an 8% stake in the family business. 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 . Patricia Sharpe writes a regular restaurant column, Pats Pick, for Texas Monthly. Since the Baylor gifts and the Forbes. 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. Can College Sports Get More Absurd Than SMU Joining the Pac-12? Both individuals are Houstonians. Randa Duncan Williams's Enterprise Products Partners shares are currently valued at $24.98B.If you're new to stock investing, . He not only had become Houston's richest man, he'd stayed one of its least conspicuous. 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. Both Taliaferro and Hobby have repeatedly denied that any such deal took place. INEOS is a Registered Trademark, the property of INEOS Capital Limited. 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. We report on vital issues from politics to education and are the indispensable authority on the Texas scene, covering everything from music to cultural events with insightful recommendations. "He's the anti-stereotype," said Jeff Share, editor of Pipeline & Gas Journal, a trade publication based in Houston.