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Jimmy Carters Peanut-and-Egg Taco Made Quite the Impression on San Antonians. "In fact, he's smart as a whip, someone who doesn't forget a thing, someone you really have to listen to closely.". She can help strengthen the magazine without needing it to be a money maker. 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 . Use our Product finder instead. The Basses hold down the No. "My idea was to build an asset-based, midstream company that'd serve the industry better than Wanda," Duncan said. Sec Form 4 Only ConocoPhillips, valued at $68 billion, is larger among Houston-based companies. Are insane ticket costs pricing Astros fans out of Opening Day? 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's in the news recently as she just bought her home state's top magazine, Texas Monthly. ("Dub") Andras, He graduated at 16, a four-sport letterman who twice skipped grades even though he said he never brought a book home. 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. And now Randa Duncan Williams is the new owner of the states top magazine, Texas Monthly. 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. Biography [ edit] Randa Duncan was born to Barbara Ann and Dan Duncan. At the ceremony, Randa Duncan Williams, Chairman of the general partner of Enterprise Products, formally named the ship and became its official Godmother. Since the Baylor gifts and the Forbes. 15 among the countrys wealthiest families is the Butt family, with a net worth of $17.8 billion. 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. Texas Billionaire Heiress Randa Duncan Williams Prefers To Stay Out Of 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. Randa is Duncan's eldest child, at 57. Information on this page was last updated on 12/27/2022. 2010 - present. A Texas history buff owning a magazine about Texas seems like a natural fit. 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. 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. In 2018, according to the Forbes 400, Williams, along with two of her siblings. She joined Enterprise in 1994 as vice president. 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. Donald Trumps real net worth? If Alice Walton were a family unto herself, shed rank as the fourth wealthiest clan in the country. Texas Monthly gets new ownership, again - statesman.com Houston investor Randa Duncan Williams pledges to protect the magazines legacy and boost investments in its long-term growth. Her role is complex, but the novice actor handles everything thats asked of her extremely well. David Courtney, a.k.a. I . Randa Duncan Williams - Director, Enterprise Products Partners Lp. 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. 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. "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. The "King Of Quants" sees 10X potential Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Almost by definition, Enterprise seemed destined to stay under the radar. In addition to its name, the ship also carries the Grenadier logo proudly emblazoned on its side. Need to know more? Randa Williams - Wikipedia Scott B. Grenadiers meet at the Pacific INEOS Grenadier naming ceremony. His father, an itinerant pipeliner, died of leukemia when Duncan was 17. The Crude Oil Pipelines & Services segment owns a crude oil pipeline system. Paul Klotman, M.D. Patricia Sharpe writes a regular restaurant column, Pats Pick, for Texas Monthly. 3rd party / other. INEOS is a Registered Trademark, the property of INEOS Capital Limited. Chairwoman of Houston-based Enterprise Products Partners, the pipeline giant founded by her father; purchased Texas Monthly in June 2019. Theres An App for That. Forrest Wilder writes about politics and the outdoors. She also serves on the governance and capital projects committees. It operates through the following segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. 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. Randa and Charlie Williams at the Audrey Hepburn Society Ball at the . 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. While 2020 has been a nightmare financially for many, some locals have cashed in. His boss, after all, had amassed his fortune with few people outside the industry noticing and he liked it that way. In his later years, his drive to succeed turned to the philanthropic world. The ship also has the potential to carry other products such as LPG and ethylene. 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Because nobody is perfect, humans are prone to innumerable bad decisions, or to being manipulated by others into doing things they wouldnt normally do. Randa Duncan Williams, 59, is the non-executive chairman of Enterprise Products Partners, founded by her father Dan Duncan. "What's unique, besides your assets and staff, is your relationships. 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. She loves Texas Monthly as much as anybody ever did. Enterprise Products, has grown into the second-largest company headquartered in Houston with a stock market market value of $63 billion. She can treat it more like a non-profit. All four Duncan siblings have identical wealth and ranking (both in the U.S. and in globally). Williams will be Texas Monthlys fourth owner since its founding by Mike Levy in 1973. book to class, Oops! Enterprise Products Partners LP Stock Ownership - WallStreetZen Williams joined Enterprise Products in 1994 and remains the non-executive chairman of the board. The Hunt family, whose members are descendants of oil wildcatter H.L. 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. That requires resources. Hints and clues to help you with today's Wordle. The USA, Canada and Mexico will follow by the end of this year, with first deliveries in 2023. Duncan Williams, 57, is the only one of Duncans children actively involved in the family business, where she chairs Enterprises board of directors. She had strong opinions about things.. 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!' Heres what you need to know. How The Duncan Family Became One Of The Wealthiest Families On The Planet With A Combined Net Worth Of $26 Billion. Hearst Randolph "Randy" Duncan, Jr. (March 15, 1937 - September 27, 2016) was an American gridiron football quarterback and lawyer.. 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. 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.. For the second time in less than three years, Texas Monthly has a new owner. 2023 Celebrity Net Worth / All Rights Reserved. It will also be available on VOD for home viewing. Levy sold the magazine to Indiana-based Emmis Communications in 1998, and that company sold it in late 2016 to Hobby. 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. But they don't attend many functions on Houston's social circuit. On his first date with Jan, six months after Billie's death, Duncan spoke of how he loved to be married, how he would still be married if his wife hadn't died. Three months later, the TB claimed his mother. Enterprise Products owns over 50,000 miles of energy pipelines, natural gas processing plants and a large oil storage facility on the Gulf Coast. Forbes ranks Williams as tied for the 88th wealthiest person in the United States with an estimated net worth of $6.2 billion. Duncan was the first overall pick in the 1959 NFL Draft by the Green . They purchased a total of 65,350 shares worth more than $1,573,730.50. As one of the two largest companies of its kind in the nation, Enterprise boasts more than 32,000 miles of onshore and offshore pipelines and nearly 175 million barrel equivalents of natural gas and natural gas liquids storage capacity. 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. 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. In the Supreme Court of The State of Delaware Enterprise Products C.a News broke Monday that on Randa Duncan Williams has purchased Texas Monthly magazine from Paul Hobby. And how much money does she have, anyways? Enterprise Products Partners LP operates as holding company, which engages in the production and trade of natural gas and petrochemicals. Stock photos, 360 images, vectors and videos "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. Williams is the only one of four. Back home, Duncan was breezing through school. Learn More on Randa Duncan Williams' contact information. 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. Williams is the only one of four siblings involved in running the family business; all four inherited equal stakes in the company. She joined the company in 1994 and took on the roles of president and CEO in 2001. 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. It took Duncan to show them it was in their financial interest to outsource them to an independent company, to get such assets off their books. Bachelor of Arts/Science, Rice University; Doctor of Jurisprudence, University of Houston. PACs. 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. This chart shows Randa Duncan Williams's buying and selling at Enterprise Products Partners by year and by quarter. Today is another milestone in our continuing relationship and I wish both the ship and the Grenadier 4X4 well.. Randa Duncan Williams, a Houston billionaire and philanthropist. Randa duncan williams hi-res stock photography and images - Alamy Mimi Swartz is a staff writer based in Houston. Breadcrumb. To that end, Texas Monthly recently switched its representation in Hollywood from William Morris Endeavor to Creative Artists Agency. Since the Baylor gifts and the Forbes listing, Duncan has become the hot new target of the city's fundraisers. The family fortune has more than doubled . 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. Genesis Park, a private equity company led by Houstonian Paul Hobby, bought Texas Monthly for $25 million in 2016, presumably to groom the magazine and sell it. Houston pitmaster goes viral after hilarious TV interview, 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. Houston's richest man raises his profile - Chron Are insane ticket costs pricing Astros fans out of Opening Day? Duncan family - Forbes She's an attorney, a serious Texas history buff, a mother, a billionaire heiress, and the chairwoman of Enterprise Product Partners. When she gives money, shes selective and wants to ensure it will be spent appropriately. Elsewhere in Texas, The Walton family once again reigns as the richest family in the U.S., according Forbes. 2023 Forbes Media LLC. The Austin-based publication is being acquired by an entity owned by Houston investor Randa Duncan Williams, Texas Mon 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. "I was enthralled by their vivid descriptions. A Right-wing Cabal Took Over Odessas Municipal Government. Randa Duncan Williams is the daughter of the late Dan Duncan, who was the richest man in Houston when he died in 2010. 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 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. The INEOS ethane fleet now consists of twelve vessels including four VLECs, and eight Dragon ships. Enter your email address below to get our daily insider buying and selling report. Support responsible news and fact-based information today! Outside Spending Groups. 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. Chip Gaines Bought Larry McMurtrys Historic Texas Bookstore. the Texanist, is a staff writer. 10 things to know about Randa Duncan Williams, the Houston billionaire who just bought Texas Monthly. "In this business, everyone has the same product," said Duncan, who owns 37 percent of Enterprise. Randa Williams Net Worth, Biography, and Insider Trading 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. Feeling the call of these locales, I dreamed of traveling to each of them, and resolved to make that dream a reality.". 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. 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. He said he is confident that Williams understands journalistic principles of editorial freedom, and is committed long-term. Sec Form 4 25 Richest Families in America | Stacker Randa Duncan Williams - Bloomberg Plus, whether stronger penalties slow retail theft, the deal with all the near-misses on airport runways, and more. 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!' Both his first and second wife succumbed to cancer. And she intends to provide them., She wants to own it forever, added Brown. 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,. In addition to its name, the ship also carries the Grenadier logo proudly emblazoned on its side. After school, she practiced law with Butler & Binion and Brown, Sims, Wise & White. | Peter.Dawson@chron.com | NEWS WHEN YOU NEED IT: Text CHRON to 77453 to receive breaking news alerts by text message | Sign up for breaking news alerts delivered to your email here. 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. She previously served on the board of directors of Encore Bancshares. News broke Monday that on Randa Duncan Williams has purchased Texas Monthly magazine from Paul Hobby. 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. When Duncan was 7, his brother, Joe, fell and cut his hand on a tin can. Please visitwww.enterpriseproducts.comfor more information. We use cookies to make sure you get the most from our website. She doesn't flaunt her wealth by driving fancy cars or other conspicuously flashy indulgences. Insiders at Enterprise Products Partners own 32.6% of the company. Within a year, Enterprise completed the first facility of its now-mammoth complex near the salt domes at Mont Belvieu, 25 miles east of Houston. Hackett predicts the biggest player is likely to be Randa Duncan Williams, the late oil man's daughter who heads the family foundation. In addition, she serves as Chairman of Enterprise Products Company, Chairman & President of the Dan L Duncan Foundation, and Chairman of Texas Monthly, LLC. They have one child. Although they werent born into exorbitant wealth, Duncan Williams and her three siblings are tied as the second-wealthiest Houstonians with a net worth of more than $6 billion each, according to Forbes magazine. Peter Dawson is a digital reporter in Houston. 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. Investors are already flocking there for a chance at 1,000%+ returns. The NGL Pipelines & Services segment manages a natural gas processing facility and a related gathering system. Dan Duncan died of a cerebral hemorrhage at his home in Houston on March 28, 2010. 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. 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. Chart Data in Insider Trading History Table. Here are the 15 richest people in Texas, according to Forbes On HoustonChronicle.com: Houston billionaire buys Texas Monthly. 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. Enemies are nowhere to be found. PDF REGISTRATION BY POLITICAL PARTY - California 16 / 25. 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). Details of the transaction werent made public. Under Hobbys ownership, Texas Monthly began to aggressively reshape its business and editorial operations for this new reality. 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. All rights reserved. 4 Houstonians cash in on Forbes' list of richest American families 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. Todd Ackerman was a veteran reporter who covered medicine for the Houston Chronicle. The current estimated net worth of Enterprise. 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.