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 loves Texas Monthly as much as anybody ever did. The Duncan family's net worth comes from pipeline company Enterprise Product Partners, which was founded by Dan Duncanin 1968. Citing the Bible, Jan Duncan said it's important "not to draw attention to oneself, to do good quietly.". 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 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. Dan Duncan died of a cerebral hemorrhage at his home in Houston on March 28, 2010. Three decades later, numerous companies in the Gulf Coast region have become successful following Enterprise's model. 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. 30 spot with a net worth of $10.8 billion. 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. But its message, even if its tough to swallow, is a powerful one that deserves attention, and its delivered strongly by all involved. "My idea was to build an asset-based, midstream company that'd serve the industry better than Wanda," Duncan said. 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. Forbes recently listed Williams as the ninth wealthiest person in Texas. Both Brown and Goodgame emphasized that Texas Monthlys long tradition of deep reporting and longform storytelling will remain a core editorial focus. Details of the transaction werent made public. Elsewhere in Texas, The Walton family once again reigns as the richest family in the U.S., according Forbes. Order books are now open for Europe and other key launch markets. Williams is the only one of four siblings involved in running the family business; all four inherited equal stakes in the company. Tucker is also well-suited for his part, coming off as non-threatening but still persuasive. Some brokers just had telephones.". 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 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. His boss, after all, had amassed his fortune with few people outside the industry noticing and he liked it that way. She and her 3 siblings each hold an 8% stake in the family business. Why Does He Get to Make That Call? The richest among them are billionaires Ray Lee Hunt and W. Herbert Hunt, both of Dallas. She's in the news recently as she just bought her home state's top magazine, Texas Monthly. 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. 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 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. But it's easy to give. Palm Trees and Power Lines opens on March 3 in select theaters. Scott B. To keep in shape for the hunts, Duncan would walk up and down the stairs at work, as many as 200 flights a day. [4], In 2019, she purchased Texas Monthly'. The Austin-based publication is being acquired by an entity owned by Houston investor Randa Duncan Williams, Texas Mon Available for both RF and RM licensing. Randa Williams Net Worth, Biography, and Insider Trading On HoustonChronicle.com: Houston billionaire buys Texas Monthly. 16 / 25. That mindset has continued as a philanthropist, he said. 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. A year and a half later, his worth now at $6 billion, his profile raised by a $100 million gift to Baylor College of Medicine, Duncan remains one of the city's least known heavy hitters. Suddenly, Duncan found himself owing 22 percent interest on the $500 million he was in debt. Enterprise is Mont Belvieus biggest player. Levy sold the. Randy Duncan - Wikipedia Fire Ants Have Unleashed Chaos in Texas for Decades. 10 things to know about Randa Duncan Williams, the Houston - Chron ", Houston Business Journal: "Duncan heirs added to Forbes richest 400 list" by Casey Wooten, New York Times: "Legacy for One Billionaire: Death, but No Taxes" By DAVID KOCIENIEWSKI, "10 things to know about Randa Duncan Williams, the Houston billionaire who just bought Texas Monthly", "Texas Monthly gets new ownership, again", Forbes: The World's Billionaires - Randa Williams, https://en.wikipedia.org/w/index.php?title=Randa_Williams&oldid=1108418741, American businesspeople in the oil industry, Creative Commons Attribution-ShareAlike License 3.0, holding an 8% stake in Enterprise Products, This page was last edited on 4 September 2022, at 08:21. Richard Kinder and 10 other Houston billionaires cash in on Forbes list 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. Heres what you need to know. book to class, Oops! [7], In 2013, Williams was elected as Enterprise Production Partners' non-executive chairman. Randa Duncan Williams - Political - LittleSis 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.. It also is a story full of tragedy. 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. Astros GM Dana Brown has more praise team's top prospect, This is what Houston looks like from space, MLB legend makes surprise appearance at Astros' Spring Training, Meet the Astros prospect tearing up Spring Training, Report: Houston ranked No. After practicing law for several years, she joined Enterprise in 1994, becoming chairwoman in 2013. "My family is delighted to provide the resources to support this iconic Texas institution, which is nationally recognized for its editorial flair.". 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. Jan, whose first marriage failed because her husband didn't want to be married, broke down in tears, moved. "Giving to the community is a way to make a difference. And she intends to provide them., She wants to own it forever, added Brown. Joe M. Bailey 1996 - present. 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. This weeks Current Climate, which every Saturday brings you the latest news about the business of sustainability. 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,. You can view The Poynter Institutes most-recent public financial disclosure form 990, Poynter ACES Introductory Certificate in Editing, The new Succession trailer, along with media news and must-read links for your weekend, Is there really a shoplifting epidemic?, Assistant Professor of Business (Accounting) - McMinnville, OR (97128), Editor & Lead Reporter - Newton, MA (02460), Executive Editor - Meriden (CT) Record Journal - Meriden, CT (06450), Associate News Editor - Seattle, WA (98109), Research Policy Reporter, C&EN - Washington, DC (20036), WUNC Podcast Producer & Host - Durham, NC (27701), Senior Copy and Content Editor - 23098 - Washington, DC (20037), Editor-in-Chief of Assembly - Washington, DC (20001), Communications Specialist - Richmond, VA (23294). We use cookies to make sure you get the most from our website. Duncan Williams is the eldest child of Dan Duncan, who was Houstons wealthiest man when he died in 2010. Todd Ackerman was a veteran reporter who covered medicine for the Houston Chronicle. Daniel Vaughn is the countrys first barbecue editor, and he has eaten more barbecue than you have. 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. News broke Monday that on Randa Duncan Williams has purchased Texas Monthly magazine from Paul Hobby. Software entrepreneur Robert Brockman ranks 19th in Texas and ties for 229th nationally with a net worth of $4.7 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. Prior to that, she served as managing editor of Poynter.org. The breakthrough started in the late '90s. Dan Duncan founded Enterprise Products Partners in 1968. 1 of 11. She was named executor of her fathers estate when he died. Find the perfect randa duncan williams stock photo, image, vector, illustration or 360 image. 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). According to its website, it has a, Dr. Patrick Soon-Shiong, the Los Angeles Times, All Rights Reserved Poynter Institute 2023, The Poynter Institute for Media Studies, Inc. is a non-profit 501(c)3. He was dead in a week. Her father, Dan Duncan, was the co-founder of Enterprise Products. Additionally, she sits on the board of the University of Texas Health Science Center. But What Is It? In most of the nation's largest cities, mayoral elections are officially nonpartisan.However, many officeholders are affiliated with political parties. The most recent insider tranaction occured on December, 27th when Director Carin Marcy Barth bought 5,000 shares worth more than $119,950.00. In person, the 73-year-old Duncan hardly fits the billionaire image. 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. Suddenly, he was being forced to sell assets, cut overhead, arrange payment plans. Williams earned herJuris Doctorate from the University of Houston College of Law. Lawyer, environmental consultant. 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. Dave Rossman, freelance / For the Chronicle. EPCO, Texas Monthlys new parent company, also owns various commercial real estate and ranching ventures, as well as a substantial stake in Enterprise Products Partners. Theres An App for That. Randa Williams is marred to her husband, Charles A. Williams. from the University of Houston. Randa Duncan Williams is a businessperson who has been at the helm of 5 different companies and presently occupies the position of Non-Executive Chairman for Enterprise Products Partners LP, Chairman for Enterprise Products Co., President of DLD Family Investments LLC and Chairman for EPCO Holdings, Inc. 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. Use our Product finder instead. Duncan Williams is a member of the board of trustees of the Houston Zoo and the Houston Museum of Natural Science. This is a carousel. 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. Duncan's rise didn't come without struggles. 4 Houstonians cash in on Forbes' list of richest American families In addition, she serves as Chairman of Enterprise Products Company, Chairman & President of the Dan L Duncan Foundation, and Chairman of Texas Monthly, LLC. Forbes ranks Williams as tied for the 88th wealthiest person in the United States with an estimated net worth of $6.2 billion. 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. 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. (The Duncans come in at No. Both Goodgame and Brown expressed great hopes for the companys future under Williams. 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. Did Enterprise dispute the amount? One of those people was Williamsthough she had not been one of the early suitors. 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 . A week later, he became ill with fever and chills. She's very well read, independent-minded and proud of her Texas heritage.". 3rd party / other. 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. The Safari Club International Record Book, which lists the biggest animals ever legally shot, has 550 entries for him. The experience and those of his loved ones made a lasting impression. A spiritual woman who'd listen raptly to religious programs on the radio, she became Duncan's greatest influence. Randa Williams is 61 years old and was born on 08/28/1961. Duncan was part of an illustrious Houston philanthropic . In the last year, Enterprise Products Partners insiders bought shares 6 times. 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. The gift dwarfed any previous donation to the Texas Medical Center. Read him on our breaking news site, Chron.com, and on our subscriber site, houstonchronicle.com. Photo by Bob Levey/Getty Images for U.S. Fund for UNICEF. She has her bachelor's degree in political science and economics from Rice University and her law degree from the University of Houston. Here are the 15 richest people in Texas, according to Forbes 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. Williams is the daughter of the late Dan Duncan, who was formerly the richest man in Houston. Three months later, the TB claimed his mother. The process of connecting wells to consumers is one of the most unglamorous but profitable corners of the energy industry. As she recalls the scene, Duncan jokes, "Great line.". Like her daddy, she prefers to keep a low profile. Theres a party going on deep in the heart of Texas. 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. Both Taliaferro and Hobby have repeatedly denied that any such deal took place. If I did it over, I'd never be this lucky again.". 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. 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. It wasn't long before it was just the two of them. 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.. 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. But leaders at Texas Monthly said their most recent ownership set them up for success and made the purchase attractive for Williams. Forbes also ranks her as tied for the 290th richest person in the world. 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). 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. Astros GM Dana Brown has more praise team's top prospect, This is what Houston looks like from space, MLB legend makes surprise appearance at Astros' Spring Training, Meet the Astros prospect tearing up Spring Training, Report: Houston ranked No. 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. When she gives money, shes selective and wants to ensure it will be spent appropriately. 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. Learn More on Enterprise Products Partners' active insiders. Duncan family - Forbes 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. Duncan was the first overall pick in the 1959 NFL Draft by the Green . Information on this page was last updated on 12/27/2022. We know that Randa's political affiliation is unknown . 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. McInerny, who is 24 in real life, has a look and demeanor that aids in the verisimilitude of the film immensely. Learn More on Enterprise Products Partners' active insiders. [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. It will also be available on VOD for home viewing. 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. 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. By 1973, it was a $3 million company. Enterprise Products, which has an estimated 7,000 employees, is currently ranked at. Enter your email address below to get our daily insider buying and selling report. >>> Scroll through to see which other Houstonians made the list. She joined Enterprise in 1994 as vice president. Randa Williams - Wikipedia
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