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However, the publication last changed hands in 2016 for $25 million. All rights reserved. Randa Duncan Williams is the daughter of the late Dan Duncan, who was the richest man in Houston when he died in 2010. 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. Under Hobbys ownership, Texas Monthly began to aggressively reshape its business and editorial operations for this new reality. >>> Scroll through to see which other Houstonians made the list. Above you can find out the answers to those questions and more. 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. [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. In most of the nation's largest cities, mayoral elections are officially nonpartisan.However, many officeholders are affiliated with political parties. Duncan was the first overall pick in the 1959 NFL Draft by the Green . Tucker is also well-suited for his part, coming off as non-threatening but still persuasive. 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. With his ruddy complexion, smooth skin and occasionally impish grin, he exudes the warmth of your favorite uncle. Both his first and second wife succumbed to cancer. HSTORICAL VOTERI REGISTRATION STATISTICS FOR 123-DAY/154-DAY REPORTS1 FOR PRESIDENTIAL ELECTION YEARS . 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. 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. 1This 123-Day Report of Registration for apresidential general election is the second report of its kind; therefore, its data is being compared to the first 124-Day Report of Registration on July 7, 2016, and the 154Day Reports of . ("Dub") Andras, Heres what you need to know. In 2016, Hobby led private equity investors from Genesis Park to buy the magazine for $25 million. She sits on the board of the University of Texas Health Science Center where a clinic is named after her father at the Children's Learning Institute. 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. Seeing the Grenadier 4X4 next to the VLEC was simply spectacular. 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. Todd Ackerman was a veteran reporter who covered medicine for the Houston Chronicle. The ship also has the potential to carry other products such as LPG and ethylene. (Dave Rossman/For the Chronicle). Most recently, on Wednesday, September 30th, Randa Duncan Williams bought 15,000 shares of Enterprise Products Partners stock. TikTok Is Banking On Project Texas to Avoid a U.S. Ban. Randa Duncan Williams and her husband live in Houston, of course. 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. Williams is the only one of four siblingsall of whom inherited equal stakes in the companyinvolved in running the family business. 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. 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. 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. Hobbys group paid $25 million for the magazine in 2016. Forbes also ranks her as tied for the 290th richest person in the world. 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. Randa Duncan Williams, 59, is the non-executive chairman of Enterprise Products Partners, founded by her father Dan Duncan. Prior to joining the company, she practiced law with the firms Butler & Binion and Brown, Sims, Wise & White. A natural with numbers, Duncan quickly rose from accounting to operation and sales to executive vice president. Political party. At the ceremony, Randa Duncan Williams, Chairman of the general partner of Enterprise Products, formally named the ship and became its official Godmother. 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. 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. Goodgame said hes proud of Texas Monthlys recent growth across platforms that extends to live events, podcasts and beyond. Duncan Williams is a member of the board of trustees of the Houston Zoo and the Houston Museum of Natural Science. 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. Insiders at Enterprise Products Partners own 32.6% of the company. Donald Trumps real net worth? Learn More on Enterprise Products Partners' active insiders. Randa Duncan was born to Barbara Ann and Dan Duncan. Randa Duncan Williams is non-executive chairman of Enterprise Products Partners, the pipeline giant her father Dan Duncan (d. 2010) founded in 1968. Williams earned herJuris Doctorate from the University of Houston College of Law. 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. time of the 2009 Sale, by Duncan and members of his family. his eldest daughter, Randa Duncan Williams, chairs the Enterprise Products Partners board. The Austin-based publication is being acquired by an entity owned by Houston investor Randa Duncan Williams, Texas Mon The Dragon ships have been regularly transporting ethane across the Atlantic for over six years. Mimi Swartz is a staff writer based in Houston. Dan Duncan died of a cerebral hemorrhage at his home in Houston on March 28, 2010. He not only had become Houston's richest man, he'd stayed one of its least conspicuous. "My family is delighted to provide the resources to support this iconic Texas institution, which is nationally recognized for its editorial flair.". If you fill out the first name, last name, or agree to terms fields, you will NOT be added to the newsletter list. They just do it in many different ways today. Butt, grandson of H-E-B founder Florence Butt, and three relatives sister Mary Butt Crook and two nephews own H-E-B. He earned a degree from Massey Business College, then got his start at Wanda Petroleum, a small, independent trucking and underground storage company. On the road frequently in the early years, he still puts in 70- to 100-hour weeks when putting together a deal and admits his life's only regret is not spending more time with his four children. On this Wikipedia the language links are at the top of the page across from the article title. (Eric Kayne/Chronicle), Randa Duncan-Williams and Charles Williams at the Musuem of Natural Science Ball Saturday March 4,2006. The Hunt family, whose members are descendants of oil wildcatter H.L. Natural gas liquids, or NGLs, are feedstocks for petrochemicals. Learn More on Enterprise Products Partners' active insiders. While 2020 has been a nightmare financially for many, some locals have cashed in. She is chairwoman of Houston-based Enterprise Products Partners, the pipeline giant founded by her father, and owns Austin-based Texas Monthly magazine. On HoustonChronicle.com:Houston billionaire buys Texas Monthly, promising to invest and invigorate National Magazine of Texas, "I have been an avid Texas Monthly reader since I was a teenager," Williams, who will control the magazine through Enterprise Partners Co., said in a statement. She joined Enterprise in 1994 as vice president. I cant think of a better steward for the heritage of Texas Monthly, said former Houston Mayor Bill White, whos a close friend. Top party schools in every state. 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.. She graduated from Rice University with a degree in political science and economics, then earned her law degree from the University of Houston. Of course, until Duncan started Enterprise, midstream operations were handled by the major oil and gas companies themselves. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. The handoff of ownership becomes official June 30. While all of the Waltons dont live in the Lone Star State, members of four of the countrys other wealthiest families do. She also serves on the governance and capital projects committees. Chip Gaines Bought Larry McMurtrys Historic Texas Bookstore. 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. 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. Investors are already flocking there for a chance at 1,000%+ returns. 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. The EIN for the organization is 59-1630423. Hes never overtly pushy; instead, he subtly influences her with kindness and attention. New Democratic Party. Prior to joining Enterprise in 1994, Randa practiced law with Brown, Sims, Wise & White and Butler & Binion. 2023 Celebrity Net Worth / All Rights Reserved. Randa Williams is 61 years old and was born on 08/28/1961. Since the Baylor gifts and the Forbes listing, Duncan has become the hot new target of the city's fundraisers. 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. 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. Like Hobby, whose father served as lieutenant governor of Texas and whose grandfather was governor, Williams, 57, comes from a legendary Texas family. 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 can help strengthen the magazine without needing it to be a money maker. Support responsible news and fact-based information today! Enterprise Products owns over 50,000 miles of energy pipelines, natural gas processing plants and a large oil storage facility on the Gulf Coast. McInerny, who is 24 in real life, has a look and demeanor that aids in the verisimilitude of the film immensely. 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. 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. 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. 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. Related by financial asset: Enterprise Products Partners L.P. 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. The four siblings are tied for the second wealthiest people in Houston. 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. Williams joined the family business in 1994 and became president and CEO of Enterprise Products in 2001. The USA, Canada and Mexico will follow by the end of this year, with first deliveries in 2023. Only ConocoPhillips, valued at $68 billion, is larger among Houston-based companies. The chairman of both Texas Monthly, LLC, and EPCO is Randa Duncan Williams. The Duncan Family is the 21st-wealthiest family in the world, with a combined $26 billion net worth. And You Thought Feral Hogs Were Bad. Whats Up With All the Kangaroos on the Loose in Texas? Rounding out the Texas contingent on the Forbes list are members of Fort Worths Bass family. Suddenly, he was being forced to sell assets, cut overhead, arrange payment plans. Both Taliaferro and Hobby have repeatedly denied that any such deal took place. Forbes estimates shes worth about $68 billion, making her the richest resident of Texas and the richest Walton heir. The Natural Gas Pipelines & Services segment stores and transports natural gas. 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. In the last year, Enterprise Products Partners insiders bought shares 6 times. According to the company, Texas Monthlys total audience has grown 76 percent since late 2016. Enemies are nowhere to be found. Texas Monthly should be in good hands under her stewardship, Stein said. The INEOS ethane fleet now consists of twelve vessels including four VLECs, and eight Dragon ships. Enterprise Products Partners has a market value of $63 billion. So, who is she? 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!' We have the journalists and photographers and designers to do that well already, and we will continue to grow new muscles to do it in new ways. That means not only more podcasts and events and web journalism but also, he said, a new focus on selling Texas Monthly stories to producers of movies, streaming video, and TV series. Williams joined Enterprise Products in 1994 and remains the non-executive chairman of the board. It provides world class off-road capability and durability to those who depend on a vehicle as a working tool, wherever they are in the world. Learn More on Randa Duncan Williams' trading history. Shes highly engaged and not a passive donor, he said, not just throwing money at a cause without knowing the specifics of how it will be allocated. What Genesis Park brought to us was the investment needed to begin to extend our brand beyond print to the platforms where audiences and revenue are growing, Goodgame said. [4], In 2019, she purchased Texas Monthly'. The experience and those of his loved ones made a lasting impression. That $247 billion sum represents close to half of Walmarts annual revenue and is equivalent to the size of Chiles economy. Forrest Wilder writes about politics and the outdoors. His nice guy look hides the type of person his character truly is. WWE SmackDown results as Cody Rhodes and Roman Reigns come face-to-face. Lawyer, environmental consultant. Because nobody is perfect, humans are prone to innumerable bad decisions, or to being manipulated by others into doing things they wouldnt normally do. Based on Enterprise's proxy statement for the deal, the reporter calculated that "this fellow Dan Duncan" had a net worth of more than $4 billion, good for 40th in the magazine's annual ranking of wealthiest Americans. Paul Klotman, M.D. Randa Duncan Williams Vice President 1996 - present. the Texanist, is a staff writer. "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. The ship is fitted with Type B tanks, a new design for transporting liquified ethane that optimises vessel capacity. Randa enjoys the highest profile among the four Duncan siblings. "He was smart, but I remember him mostly as an outstanding person nice, very well-liked, impeccably behaved," said Yvonne Wedgeworth, a high school classmate who still lives in Center. Randa and her siblings Dannine Avara, Milane Franz, and Scott Ducan weren't born into the wealth they now have. [8], She lives in Houston with her husband, and they have one child.[7]. 3rd party / other. 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. 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. A Texas history buff owning a magazine about Texas seems like a natural fit. As of February 9, 2023 What is Randa Duncan Williams's Net Worth? Are ticket costs pricing Houston Astros fans out of Opening Day? She's in the news recently as she just bought her home state's top magazine, Texas Monthly. She's very well read, independent-minded and proud of her Texas heritage.". Daniel Vaughn is the countrys first barbecue editor, and he has eaten more barbecue than you have. But they don't attend many functions on Houston's social circuit. Details of the transaction werent made public. A spiritual woman who'd listen raptly to religious programs on the radio, she became Duncan's greatest influence. At the ceremony, Randa Duncan Williams, Chairman of the general partner of Enterprise Products, formally named the ship and became its official Godmother. Handout / Texas Monthly Show More Show Less 2 of 11. 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. 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.. The current estimated net worth of Enterprise. But its message, even if its tough to swallow, is a powerful one that deserves attention, and its delivered strongly by all involved. 14. Descendants of Sam Walton and brother Bud Walton own about half of Walmarts stock. 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. (The Duncans come in at No. from the University of Houston. Randa Duncan Williams, a Houston billionaire, has purchased the Austin-based magazine. As new forms of digital media have changed consumer habits and upended the advertising industry, many traditionally print-based publishing businesses have shut their doors, downsized, or consolidated. Photo by Bob Levey/Getty Images for U.S. Fund for UNICEF. Jos R. Ralat is Texas Monthlys taco editor, writing about tacos and Mexican food. And she intends to provide them., She wants to own it forever, added Brown. [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. Levy sold the. 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. Texas Monthly has a new owner. A major philanthropist like her father, she has focused much of her giving on medicine, education, the arts and cultural institutions, such as the Houston Zoo and the Houston Museum of Natural Science. 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.