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. After practicing law for several years, she joined Enterprise in 1994, becoming chairwoman in 2013. As of February 9, 2023 What is Randa Duncan Williams's Net Worth? Barbara Allen is the director of college programming for Poynter. Today, though his international hunting trips are largely behind him, he looks as trim and fit as ever. "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. To that end, Texas Monthly recently switched its representation in Hollywood from William Morris Endeavor to Creative Artists Agency. Randa Williams Duncan enjoys the highest profile among Houston's richest family. Enterprise is Mont Belvieus biggest player. Please visitwww.enterpriseproducts.comfor more information. Scott B. Inside the Bro-tastic Party Mansions Upending a Historic Austin Community. The Safari Club International Record Book, which lists the biggest animals ever legally shot, has 550 entries for him. 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. "Major companies wanted to do business with companies with significant assets. Hobby said that he first received interest from potential buyers of Texas Monthly shortly after Genesis Park purchased the magazine. 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. 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. Randa Duncan Williams - Bloomberg Theres An App for That. Randa Duncan Williams is non-executive chairman of Enterprise Products Partners, the pipeline giant her father Dan Duncan (d. 2010) founded in 1968. The corporate mailing address for Ms. Williams and other Enterprise Products Partners executives is 1100 LOUISIANA 10TH FLOOR, HOUSTON TX, 77002. He said he is confident that Williams understands journalistic principles of editorial freedom, and is committed long-term. 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. Goodgame and Texas Monthly president Scott Brown will continue to work closely together and will report independently to Williams, as they did to Hobby. Get the Poynter newsletter that's right for you. The way it played out is poetic.. Williams served as the president and chief executive officer (CEO) of Enterprise Products and vice president at Enterprise Products from 1994 to February 2001. Medicine and education are Duncan's pet causes. We use cookies to make sure you get the most from our website. Levy sold the. One of those people was Williamsthough she had not been one of the early suitors. A Right-wing Cabal Took Over Odessas Municipal Government. Descendants of Sam Walton and brother Bud Walton own about half of Walmarts stock. 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. Can College Sports Get More Absurd Than SMU Joining the Pac-12? Forbes ranks Williams as tied for the 88th wealthiest person in the United States with an estimated net worth of $6.2 billion. Learn More on Randa Duncan Williams' contact information. She practiced law for a few years with the law firm Butler & Binon and Brown, Sims, Wise & White. 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. Its products make an indispensable contribution to society by providing the most sustainable options for a wide range of societal needs. 2023 Celebrity Net Worth / All Rights Reserved. Bachelor of Arts/Science, Rice University; Doctor of Jurisprudence, University of Houston. His nice guy look hides the type of person his character truly is. Williams will be Texas Monthly 's fourth owner since its founding by Mike Levy in 1973. Here are the 15 richest people in Texas, according to Forbes In addition to its name, the ship also carries the Grenadier logo proudly emblazoned on its side. Report Date Eligible Voters2 Registered Voters Percent . 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. 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. News broke Monday that on Randa Duncan Williams has purchased Texas Monthly magazine from Paul Hobby. Williams was quoted in a release as saying, My family is delighted to provide the resources to support this iconic Texas institution which is nationally recognized for its editorial flair.. Duncan was the first overall pick in the 1959 NFL Draft by the Green . Williams is the only one of four siblingsall of whom inherited equal stakes in the companyinvolved in running the family business. Fleeing for Your Life? It is a truly uncompromising 4X4 built from the ground up, engineered to overcome all conditions. 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. On HoustonChronicle.com: Houston billionaire buys Texas Monthly. 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. Enterprise Products Partners LP Stock Ownership - WallStreetZen [8], She lives in Houston with her husband, and they have one child.[7]. Her father, Dan Duncan, was the co-founder of Enterprise Products. The most recent insider tranaction occured on December, 27th when Director Carin Marcy Barth bought 5,000 shares worth more than $119,950.00. His father, an itinerant pipeliner, died of leukemia when Duncan was 17. Texas Monthly's New Owner - Texas Monthly Learn More on Enterprise Products Partners' active insiders. 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. They just do it in many different ways today. The Duncan Family is the 21st-wealthiest family in the world, with a combined $26 billion net worth. EPCO's principal business was to provide employees, management, and administrative services to Duncan's companies, including Enterprise Products LP, Enterprise Products GP, and (until the 2010 Merger) EPE. 16 / 25. Robert is the wealthiest of the foursome. Like Hobby, whose father served as lieutenant governor of Texas and whose grandfather was governor, Williams, 57, comes from a legendary Texas family. Austin-based Texas Monthly sold to Houston billionaire following 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. Chart Data in Insider Trading History Table. These 4 Houstonians cash in on Forbes' list of richest American Duncan can sneak up on you. Read him on our breaking news site, Chron.com, and on our subscriber site, houstonchronicle.com. I especially enjoy the longform storytelling that has helped earn the magazine fourteen National Magazine Awardsthe industrys equivalent of an Oscarover its 46-year history. 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. Since the Baylor gifts and the Forbes listing, Duncan has become the hot new target of the city's fundraisers. We know that Randa's political affiliation is unknown . 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. Enterprise Products, which has an estimated 7,000 employees, is currently ranked at. "I tell them no. I remember Randa as being very engaged and politically active, Stein said. To keep in shape for the hunts, Duncan would walk up and down the stairs at work, as many as 200 flights a day. Like her father, Randa stays out of the spotlight. Fire Ants Have Unleashed Chaos in Texas for Decades. 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. 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." 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. 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 . 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. 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. Randa Duncan Williams, 59, is the non-executive chairman of Enterprise Products Partners, founded by her father Dan Duncan. 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. He was dead in a week. With his ruddy complexion, smooth skin and occasionally impish grin, he exudes the warmth of your favorite uncle. Heres what you need to know. She's in the news recently as she just bought her home state's top magazine, Texas Monthly. 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. "The one who seemingly came out of nowhere.". The EIN for the organization is 59-1630423. Randa Duncan Williams has a net worth of $7.2 billion. Theres a party going on deep in the heart of Texas. Jos R. Ralat is Texas Monthlys taco editor, writing about tacos and Mexican food. 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. Hobbys group paid $25 million for the magazine in 2016. 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. Paul Klotman, M.D. A Texas history buff owning a magazine about Texas seems like a natural fit. Linda Duncan - Wikipedia Theyre not looking at it that way. 2010 - present. Hackett predicts the biggest player is likely to be Randa Duncan Williams, the late oil man's daughter who heads the family foundation. My family is delighted to provide the resources to support this iconic Texas institution, which is nationally recognized for its editorial flair. 10 things to know about Randa Duncan Williams, the Houston billionaire who just bought Texas Monthly. Duncan Williams is the eldest child of Dan Duncan, who was Houstons wealthiest man when he died in 2010. 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." 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. PATRICK . 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. Williams joined the family business in 1994 and became president and CEO of Enterprise Products in 2001. He's taken more than 360 different species, including the Grand Slam of Sheep (the Dall, Stone, Desert and Rocky Mountain Bighorn) and the Big Five of Africa (elephant, rhinoceros, Cape buffalo, leopard and lion, considered the continent's most dangerous animals), both rare achievements. She can treat it more like a non-profit. Randa is Duncan's eldest child, at 57. 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. 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. Prior to that, she served as managing editor of Poynter.org. When Duncan was 7, his brother, Joe, fell and cut his hand on a tin can. Her father Dan Duncan became the first American billionaire to pass his fortune tax-free to his descendants due to a temporary repeal of the estate tax law in 2010. Their net worth: $247 billion. While all of the Waltons dont live in the Lone Star State, members of four of the countrys other wealthiest families do. She joined the company in 1994 and took on the roles of president and CEO in 2001. Alice Walton isnt the only Texan whos a member of the Walton dynasty. Texas Monthly should be in good hands under her stewardship, Stein said. Randa Duncan Williams's Enterprise Products Partners shares are currently valued at $24.98B.If you're new to stock investing, . 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. The company was founded by Dan L. Duncan in April 1998 and is headquartered in Houston, TX. "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. If I did it over, I'd never be this lucky again.". The Crude Oil Pipelines & Services segment owns a crude oil pipeline system. 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 its name, the ship also carries the Grenadier logo proudly emblazoned on its side. We are also proud ambassadors of the uncompromising Grenadier 4X4. She was elected as a board director in 2010 and as chairman in 2013. People consume storytelling more than they ever have, Goodgame said. Dan Duncan died of a cerebral hemorrhage at his home in Houston on March 28, 2010. 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. He was a low profile billionaire in a profitable but unsexy business. Suddenly, he was being forced to sell assets, cut overhead, arrange payment plans. "In this business, everyone has the same product," said Duncan, who owns 37 percent of Enterprise. She is chairwoman of Houston-based Enterprise Products Partners, the pipeline giant founded by her father, and owns Austin-based Texas Monthly magazine. Enter your email address below to get our daily insider buying and selling report. Patricia Sharpe writes a regular restaurant column, Pats Pick, for Texas Monthly. Details of the transaction werent made public. She is committed to a long-term investment, and that is a great opportunity for us to adopt a set of long-range business drivers.. The net worth of each heir exceeds $5 billion. 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. 2023 Forbes Media LLC. In person, the 73-year-old Duncan hardly fits the billionaire image. Randa Duncan Williams is non-executive chairman of Enterprise Products Partners, the pipeline giant her father Dan Duncan (d. 2010) founded in 1968. Duncan was part of an illustrious Houston philanthropic . 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). Todd Ackerman was a veteran reporter who covered medicine for the Houston Chronicle. [7], In 2013, Williams was elected as Enterprise Production Partners' non-executive chairman. 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. The net worth of each heir exceeds $5 billion. 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. 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. 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. 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. So, who is she? 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. 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. 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. Enterprise Products owns over 50,000 miles of energy pipelines, natural gas processing plants and a large oil storage facility on the Gulf Coast. It wasn't long before it was just the two of them. Reflects change since 5 pm ET of prior trading day. 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. She was on the trustee boards for the Manned Space Flight Education Foundation, River Oaks Baptist School and the Houston A+ Challenge. Houston looks for new generation of top givers - Chron The chairman of both Texas Monthly, LLC, and EPCO is Randa Duncan Williams. Williams is the only one of four. He was a risk taker - a wildcatter; a stock trader; and an entrepreneur. Plus, whether stronger penalties slow retail theft, the deal with all the near-misses on airport runways, and more. Williams earned a Bachelor's Degree from Rice University. A New Democrat, Duncan was the only non- Conservative MP from Alberta from the 2008 election until . Learn More on Enterprise Products Partners' active insiders. This is the way she wants to contribute to Texas, Stein said, by keeping an iconic publication going., New billionaire owner of Texas Monthly prefers background, Timeline: How battle between Houston ISD, TEA has reached the point of a looming takeover. Enterprise Products, has grown into the second-largest company headquartered in Houston with a stock market market value of $63 billion. Williams will be Texas Monthlys fourth owner since its founding by Mike Levy in 1973. Randa Duncan Williams, a Houston billionaire and philanthropist. 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. The companys annual sales are around $28 billion. Williamss purchase of Texas Monthly comes at a time of great change in the media industry. 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.
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