For the second time in less than three years, Texas Monthly has a new owner. Williams is the only one of four siblingsall of whom inherited equal stakes in the companyinvolved in running the family business. 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. 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. 16 / 25. People in the industry say he has no ego. Alice Walton isnt the only Texan whos a member of the Walton dynasty. David Courtney, a.k.a. 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 . Outside Spending Groups. Scott B. Enemies are nowhere to be found. 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 . Duncan was the first overall pick in the 1959 NFL Draft by the Green . Duncan started Enterprise Products in 1968 with $10,000 and a truck; now it owns over 50,000 miles of natural gas, oil and petrochemical pipelines. Barbara Allen is the director of college programming for Poynter. Can College Sports Get More Absurd Than SMU Joining the Pac-12? His eldest daughter, Randa Duncan Williams, acknowledges that he wasn't around that much, but she said that wasn't uncommon among her circle of friends. The way it played out is poetic.. Patricia Sharpe writes a regular restaurant column, Pats Pick, for Texas Monthly. 14. 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. Breadcrumb. She's very well read, independent-minded and proud of her Texas heritage.". Her father, Dan Duncan, was the co-founder of Enterprise Products. Feeling the call of these locales, I dreamed of traveling to each of them, and resolved to make that dream a reality.". She is one of four children of the late oil billionaire and philanthropist Dan Duncan, who founded Houston-based Enterprise Products Partners, a publicly traded midstream energy company. It operates through the following segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. They just do it in many different ways today. He later became one of the largest pipeline operators in the United States. Nowhere can that be more jarring than amid the hundreds of mounted animals at his ranch house in Smithville, about 50 miles southeast of Austin. Deck structures the film so that Lea is almost the perfect victim, someone whos alienated from those close to her and more than willing to accept someone who promises a type of escape. Enterprise Product Partners is a company which stores, processes and transports oil and gas, known as a midstream operator. $2.5 billion, according to our most recent tally. Chairwoman of Houston-based Enterprise Products Partners, the pipeline giant founded by her father; purchased Texas Monthly in June 2019. Duncan Williams is a member of the board of trustees of the Houston Zoo and the Houston Museum of Natural Science. Use Next and Previous buttons to navigate, RANDA WILLIAMS - Portraits of each individual honoree to accompany her profile (head and shoulder). Read him on our breaking news site, Chron.com, and on our subscriber site, houstonchronicle.com. 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. 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). 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. Through its proactive approach and long-term cooperation with both upstream and downstream customers worldwide, the company has developed into a global leading facilitator and arranger by establishment of its oceangoing shipping platform, providing diversified shipping service for Methane (LNG), Ethane, Propane and Butane (LPG), and various petrochemical gas products including Ethylene, Propylene, Butadiene etc. Goodgame said hes proud of Texas Monthlys recent growth across platforms that extends to live events, podcasts and beyond. 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. Learn More on Enterprise Products Partners' active insiders. Texas Monthly has a new owner. Plus, whether stronger penalties slow retail theft, the deal with all the near-misses on airport runways, and more. 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. Palm Trees and Power Lines is not an easy film to watch, and it often goes in directions that viewers may not want to believe. Randa Duncan Williams. She and her 3 siblings each hold an 8% stake in the family business. 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. Named after the rugged off-road vehicle, the Pacific INEOS Grenadier is a 99,000 CBM VLEC (Very Large Ethane Carrier) and is the latest ship to join the INEOS fleet. 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. She also serves on the boards of trustees for numerous charitable organizations. "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 Williams Net Worth, Biography, and Insider Trading 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. "The one who seemingly came out of nowhere.". 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. 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. Texas Monthly's New Owner - Texas Monthly She loves Texas Monthly as much as anybody ever did. Randa Duncan Williams has not been actively trading shares of Enterprise Products Partners during the last quarter. Neither Duncan nor Hobby disclosed details of the deal announced Tuesday. 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. Randa L Williams, 61 - Houston, TX - Reputation & Contact Details His nice guy look hides the type of person his character truly is. Randa is the only one of Dan Duncan's children still involved in the family business. Three decades later, numerous companies in the Gulf Coast region have become successful following Enterprise's model. Truth be told, there's little left for Duncan to pursue. A Federal Judge in Amarillo Could Effectively Ban the Abortion Pill. Shes very well read, independent-minded and proud of her Texas heritage.. Report Date Eligible Voters2 Registered Voters Percent . She joined Enterprise in 1994 as vice president. 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. Hints and clues to help you with today's Wordle. Randa Duncan Williams is the daughter of the late Dan Duncan, who was the richest man in Houston when he died in 2010. The breakthrough started in the late '90s. 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. 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. Williams, of Houston is the chair of Enterprise Products Partners, a pipeline giant founded by her late father, Dan Duncan, in 1968. . Forbes estimates shes worth about $68 billion, making her the richest resident of Texas and the richest Walton heir. Randa Duncan Williams and her husband live in Houston, of course. Charles Butt is chairman and CEO of the H-E-B grocery chain, based in San Antonio and parent company of Dallas-based Central Market. 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. Dan Duncan famously founded the energy empire that would become Enterprise Products Partners with just $10,000 and a couple of propane trucks. Enterprise was sailing along in the early 1980s with more than $350 million of assets (including those of the just-purchased Wanda), when interest rates doubled. Lea and her mom, Sandra (Gretchen Mol), are constantly at odds, with Sandra distracted by her work and her own dating life. Linda Duncan - Wikipedia "The thing about Dan is that he's so down-home and humble that when you first meet him, it'd be easy to get the impression he's just one of the guys," said Bill Waldheim, president of Duke Energy Field Services, one of Duncan's competitors. Back home, Duncan was breezing through school. They purchased a total of 65,350 shares worth more than $1,573,730.50. Randa Duncan Williams is non-executive chairman of Enterprise Products Partners, the pipeline giant her father Dan Duncan (d. 2010) founded in 1968. 10 things to know about Randa Duncan Williams, the Houston - Chron Are ticket costs pricing Houston Astros fans out of Opening Day? "In this business, everyone has the same product," said Duncan, who owns 37 percent of Enterprise. 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. Williams holds a bachelors degree from Rice University and a J.D. Houston pitmaster goes viral after hilarious TV interview, Houston billionaire buys Texas Monthly, promising to invest and invigorate National Magazine of Texas, Willie Nelson's new album is a lovely tribute to a fellow country legend, Two ocelots were photographed crossing a road in rare South Texas sighting, Turner: TEA is giving Houston ISD two optionsclose school or be taken over. She was on the trustee boards for the Manned Space Flight Education Foundation, River Oaks Baptist School and the Houston A+ Challenge. The Natural Gas Pipelines & Services segment stores and transports natural gas. She received . 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. 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. 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. 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.