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"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. We know that Randa's political affiliation is unknown . Theres a party going on deep in the heart of Texas. Breadcrumb. 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. Shes a trained lawyer, a Texas history buff, a devoted mother, a billionaire heiress and the chairwoman of the largest Houston company that isnt a household name. 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. Prior to joining the company, she practiced law with the firms Butler & Binion and Brown, Sims, Wise & White. As a child, Duncan lost his mother to tuberculosis and his only sibling, an older brother, to tetanus. She was named executor of her fathers estate when he died. 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. She inherited $3.1 billion upon the death of her father. 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. The company was founded by Dan L. Duncan in April 1998 and is headquartered in Houston, TX. He was only half kidding. $2.5 billion, according to our most recent tally. Randa Duncan Williams is non-executive chairman of Enterprise Products Partners, the pipeline giant her father Dan Duncan (d. 2010) founded in 1968. That $247 billion sum represents close to half of Walmarts annual revenue and is equivalent to the size of Chiles economy. The Basses hold down the No. 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. Shes not ostentatious and she doesnt flaunt her wealth with fancy cars and other flashy indulgences, friends say. Randa Williams is 61 years old and was born on 08/28/1961. Elsewhere in Texas, The Walton family once again reigns as the richest family in the U.S., according Forbes. 2010 - present. Its rattlesnake season in Texas. 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. The USA, Canada and Mexico will follow by the end of this year, with first deliveries in 2023. The vehicle was present as a guest of honour on the quayside as the ceremony took place. He liberated airlines and trucking and enabled the 1980s-1990s boom. 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. When she gives money, shes selective and wants to ensure it will be spent appropriately. At the ceremony, Randa Duncan Williams, Chairman of the general partner of Enterprise Products, formally named the ship and became its official Godmother. 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. 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!' The ship also has the potential to carry other products such as LPG and ethylene. To keep in shape for the hunts, Duncan would walk up and down the stairs at work, as many as 200 flights a day. Whats Up With All the Kangaroos on the Loose in Texas? Both Brown and Goodgame emphasized that Texas Monthlys long tradition of deep reporting and longform storytelling will remain a core editorial focus. 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. 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. 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. 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. Randa Duncan Williams is the largest individual Enterprise Products Partners shareholder, owning 974.90M shares representing 44.91% of the company. Are ticket costs pricing Houston Astros fans out of Opening Day? Tucker is also well-suited for his part, coming off as non-threatening but still persuasive. "I was enthralled by their vivid descriptions. 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. Chip Gaines Bought Larry McMurtrys Historic Texas Bookstore. Of course, until Duncan started Enterprise, midstream operations were handled by the major oil and gas companies themselves. All Rights Reserved. Enterprise makes money from oil and gas pipelines, exports, and storage terminals, but the bulk of its growth comes through the transportation and processing of natural gas liquids unlocked by the shale drilling revolution. 15 among the countrys wealthiest families is the Butt family, with a net worth of $17.8 billion. Levy sold the. Theres An App for That. She is worth about $9.1 billion and is married to sports and entertainment titan Stan Kroenke, whos worth an estimated $8.3 billion. Randa Duncan Williams is the daughter of the late Dan Duncan, who was the richest man in Houston when he died in 2010. 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. Use Next and Previous buttons to navigate. They have looked under every rock. She also serves on the boards of trustees for numerous charitable organizations. Additionally, she sits on the board of the University of Texas Health Science Center. Hackett predicts the biggest player is likely to be Randa Duncan Williams, the late oil man's daughter who heads the family foundation. Support responsible news and fact-based information today! Duncan can sneak up on you. Her father, Dan Duncan, was the co-founder of Enterprise Products. 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. 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. Political party. It is a truly uncompromising 4X4 built from the ground up, engineered to overcome all conditions. book to class, Oops! Patricia Sharpe writes a regular restaurant column, Pats Pick, for Texas Monthly. The richest among them are billionaires Ray Lee Hunt and W. Herbert Hunt, both of Dallas. Dan Duncan needs no reminder. 10 things to know about Randa Duncan Williams, the Houston billionaire who just bought Texas Monthly. "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. Enterprise Products owns over 50,000 miles of energy pipelines, natural gas processing plants and a large oil storage facility on the Gulf Coast. 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. 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. Randa Duncan Williams, 59, is the non-executive chairman of Enterprise Products Partners, founded by her father Dan Duncan. Author John Graves Was a Literary Godfather to Texas Monthly, Red McCombs Turned Old San Antonio on Its Head, Attorney General Ken Paxton Agrees to Apologize and Pay $3.3 Million to Whistleblowers, Running Into Fire: The Legacy of Jeff Blackburn. Theyre not looking at it that way. 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. "I tell them no. Inside the Bro-tastic Party Mansions Upending a Historic Austin Community. 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 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. Enterprise Products, which has an estimated 7,000 employees, is currently ranked at. Some brokers just had telephones.". The process of connecting wells to consumers is one of the most unglamorous but profitable corners of the energy industry. Feeling the call of these locales, I dreamed of traveling to each of them, and resolved to make that dream a reality.". 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. 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. She and her 3 siblings each hold an 8% stake in the family business. time of the 2009 Sale, by Duncan and members of his family. Submit a correction suggestion and help us fix it! If Alice Walton were a family unto herself, shed rank as the fourth wealthiest clan in the country. Hints and clues to help you with today's Wordle. 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. She joined Enterprise in 1994 as vice president. . 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. This is a carousel. A natural with numbers, Duncan quickly rose from accounting to operation and sales to executive vice president. Print ad revenue has declined in the same period. 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. I cant think of a better steward for the heritage of Texas Monthly, said former Houston Mayor Bill White, whos a close friend. It also is a story full of tragedy. Like Hobby, whose father served as lieutenant governor of Texas and whose grandfather was governor, Williams, 57, comes from a legendary Texas family. Randa Duncan Williams is the daughter of the late Dan Duncan, who was the richest man in Houston when he died in 2010. In addition to its name, the ship also carries the Grenadier logo proudly emblazoned on its side. 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. A newspaper article once dubbed her father the invisible billionaire. Duncan Williams prefers the background as well.