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. 10 things to know about Randa Duncan Williams, the Houston - Chron 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. "People sometimes ask me if I had to do it over again, would I do something different," said Duncan, reflecting on his career during a recent return flight from his ranch. 2023 Forbes Media LLC. Party affiliation of the mayors of the 100 largest cities 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. 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). Forbes says the stock generates more than $700 million in annual dividend income for the family. She loves Texas Monthly as much as anybody ever did. 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. She was made chairwoman in 2013. Each has an estimated net worth of $6.2 billion. Randa Duncan Williams is the daughter of the late Dan Duncan, who was the richest man in Houston when he died in 2010. That mindset has continued as a philanthropist, he said. These 4 Houstonians cash in on Forbes' list of richest American Scott B. Duncan had four adult children, each of whom is also a billionaire. Three decades later, numerous companies in the Gulf Coast region have become successful following Enterprise's model. Report Date Eligible Voters2 Registered Voters Percent . Information on this page was last updated on 12/27/2022. 14. Williams is now in the company of other wealthy citizens who boast legacy media crown jewels in their holdings, including: The sale is the latest in a line of transactions in which a wealthy citizen swoops in to snatch up a venerate and often faltering brand. ", 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. This is a carousel. Grateful for the treatment he received at Baylor and convinced of the need to move cancer research forward, he gave the medical school $100 million two months ago. 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. Bachelor of Arts/Science, Rice University; Doctor of Jurisprudence, University of Houston. To keep in shape for the hunts, Duncan would walk up and down the stairs at work, as many as 200 flights a day. Dan Duncan founded Enterprise Products Partners in 1968. "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. In most of the nation's largest cities, mayoral elections are officially nonpartisan.However, many officeholders are affiliated with political parties. 30 spot with a net worth of $10.8 billion. Texas Billionaire Heiress Randa Duncan Williams Prefers To Stay Out Of When he was 3 1/2 , his mother came down with tuberculosis. All rights reserved. The corporate mailing address for Ms. Williams and other Enterprise Products Partners executives is 1100 LOUISIANA 10TH FLOOR, HOUSTON TX, 77002. A Federal Judge in Amarillo Could Effectively Ban the Abortion Pill. Use Next and Previous buttons to navigate. 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. His father, an itinerant pipeliner, died of leukemia when Duncan was 17. 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. But they don't attend many functions on Houston's social circuit. Hobbys tenure as chairman of Texas Monthly also saw some tumult, including several high-profile staff departures and accusations of editorial impropriety in early 2018, when then editor-in-chief Tim Taliaferro was alleged by the Columbia Journalism Review to have agreed to an arrangement in which the dating app Bumble would pay for social media promotion for a Texas Monthly cover story about Bumble founder Whitney Wolfe Herd. Barbara Allen is the director of college programming for Poynter. He was only half kidding. time of the 2009 Sale, by Duncan and members of his family. 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. It operates through the following segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. 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). He was a low profile billionaire in a profitable but unsexy business. 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. 16 / 25. Major Williams Republican Democratic Los Angeles 2012-2022 Orange 2012-2022 Orange 2021-2022 2012-2021 San Diego 2018-2022 Sonoma 2012-2018 Lassen 2012-2022 . Their net worth: $247 billion. If you fill out the first name, last name, or agree to terms fields, you will NOT be added to the newsletter list. People consume storytelling more than they ever have, Goodgame said. They have looked under every rock. The handoff of ownership becomes official June 30. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. The INEOS ethane fleet now consists of twelve vessels including four VLECs, and eight Dragon ships. "Giving to the community is a way to make a difference. 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. Joe M. Bailey 1996 - present. Randa Duncan Williams is non-executive chairman of Enterprise Products Partners, the pipeline giant her father Dan Duncan (d. 2010) founded in 1968. She's very well read, independent-minded and proud of her Texas heritage.". 10 things to know about Randa Duncan Williams, the Houston billionaire who just bought Texas Monthly. She was named executor of her fathers estate when he died. At the ceremony, Randa Duncan Williams, Chairman of the general partner of Enterprise Products, formally named the ship and became its official Godmother. 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. She is a major philanthropist who focuses on medicine, education, the arts, and cultural institutions. Robert is the wealthiest of the foursome. Where does she come from? 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. 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. Today, though his international hunting trips are largely behind him, he looks as trim and fit as ever. 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. Using a process known as fractionation, Enterprise treats and separates natural gas liquids into individual products such as propane, butane and, especially, ethane. 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. PACs. Chip Gaines Bought Larry McMurtrys Historic Texas Bookstore. Elsewhere in Texas, The Walton family once again reigns as the richest family in the U.S., according Forbes. Mimi Swartz is a staff writer based in Houston. A spiritual woman who'd listen raptly to religious programs on the radio, she became Duncan's greatest influence. The chairman of both Texas Monthly, LLC, and EPCO is Randa Duncan Williams. Natural gas liquids, or NGLs, are feedstocks for petrochemicals. 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. "Major companies wanted to do business with companies with significant assets. If I did it over, I'd never be this lucky again.". West Texans Are Learning What It Means to Live in Bear Country, H-E-Bs True Texas BBQ Restaurant Is Slipping, How Florence ButtNot Her SonLaunched the H-E-B Empire. They were very young children when their father famously founded Enterprise Product Partners with $10,000 and a couple of propane trucks. Randa Williams - Wikipedia 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.. Insiders at Enterprise Products Partners own 32.6% of the company. Grenadiers meet at the Pacific INEOS Grenadier naming ceremony. Randa Duncan Williams is Chairman at Enterprise Products Co. See Randa Duncan Williams's compensation, career history, education, & memberships. The NGL Pipelines & Services segment manages a natural gas processing facility and a related gathering system. Daniel Vaughn is the countrys first barbecue editor, and he has eaten more barbecue than you have. In 1995, Duncan waged his own battle with prostate cancer. She inherited $3.1 billion upon the death of her father. All Rights Reserved. Theyre looking at it the way you look at something you love and that you want to build and that youre going to be patient with.. 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, Paul Hobby, for an undisclosed amount. Its products make an indispensable contribution to society by providing the most sustainable options for a wide range of societal needs. While all of the Waltons dont live in the Lone Star State, members of four of the countrys other wealthiest families do. The Director DefendantRanda Duncan Williams, O.S . If Alice Walton were a family unto herself, shed rank as the fourth wealthiest clan in the country. [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. "I remember sitting around the campfire my first venture outside of Texas, listening to other hunters discussing their experiences in Alaska, Canada and Africa," Duncan writes in one of the short pieces he's penned on the joys of hunting. 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. And how much money does she have, anyways? The Basses hold down the No. 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. Duncan was part of an illustrious Houston philanthropic . 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. The gift dwarfed any previous donation to the Texas Medical Center. Randa Duncan was born to Barbara Ann and Dan Duncan. (The Duncans come in at No. Donald Trumps real net worth? Looking for a product? Albert & Margaret Alkek Foundation - Board and Staff Sold! Randa Duncan Williams buys Texas Monthly, the latest - Poynter 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. Like her daddy, she prefers to keep a low profile. Tucker is also well-suited for his part, coming off as non-threatening but still persuasive. The ship also has the potential to carry other products such as LPG and ethylene. I . "My idea was to build an asset-based, midstream company that'd serve the industry better than Wanda," Duncan said. Randa Duncan Williams. 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. But, for some, Williams might not be a household name. 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 . Dave Rossman, freelance / For the Chronicle. 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. "I certainly never expected him to become a billionaire.". Built in Jiangnan, China and operated by Pacific Gas, the Pacific INEOS Grenadier ismade of approximately 18,000 tonnes of steel and 40,000 metres of piping. At No. Linda Duncan - Wikipedia 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). Both Brown and Goodgame emphasized that Texas Monthlys long tradition of deep reporting and longform storytelling will remain a core editorial focus. Randa Williams - Biography