A spiritual woman who'd listen raptly to religious programs on the radio, she became Duncan's greatest influence. Investors are already flocking there for a chance at 1,000%+ returns. Austin-based Texas Monthly sold to Houston billionaire following Randa Williams is marred to her husband, Charles A. Williams. A self-made man, he started with a $250 loan from his dad and left a charitable foundation with initial assets of $178 million. Randa Duncan was born to Barbara Ann and Dan Duncan. I remember Randa as being very engaged and politically active, Stein said. Leave them blank to get signed up. Find the perfect randa duncan williams stock photo, image, vector, illustration or 360 image. 11 on the Forbeslist.). In that and a subsequent horrific scene, Deck is unflinching with the camera, placing it in a single location and rarely cutting, even when things get supremely uncomfortable. 25 Richest Families in America | Stacker And she intends to provide them., She wants to own it forever, added Brown. Rounding out the Texas contingent on the Forbes list are members of Fort Worths Bass family. The Campaign to Sabotage Texass Public Schools. Forbes says the stock generates more than $700 million in annual dividend income for the family. 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. Enterprise Products Partners has a market value of $63 billion. Houston pipeline heirs Dannine Avara, Scott Duncan, Milane Frantz, and Randa Duncan Williams tie for 12th place in Texas and tie for 161st nationally. Photo by Bob Levey/Getty Images for U.S. Fund for UNICEF. The ship is fitted with Type B tanks, a new design for transporting liquified ethane that optimises vessel capacity. Texas Monthly should be in good hands under her stewardship, Stein said. 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. Forbes ranks Williams as tied for the 88th wealthiest person in the United States with an estimated net worth of $6.2 billion. She can help strengthen the magazine without needing it to be a money maker. Dave Rossman, freelance / For the Chronicle. About Enterprise Products:Enterprise Products Partners L.P. (NYSE: EPD) is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. In Palm Trees and Power Lines, Lea (Lily McInerny) is a 17-year-old girl on summer break in Southern California, spending her days lying out in the sun and hanging out with her best friend, Amber (Quinn Frankel), among others. Medicine and education are Duncan's pet causes. Williams also made The Houston Chronicle's, Brett Coomer, Houston Chronicle / Staff photographer, Willie Nelson pays lovely tribute to another country legend, Rare photos show 2 ocelots crossing South Texas road, Mayor: HISD has two optionsclose school or be taken over. 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. On the road frequently in the early years, he still puts in 70- to 100-hour weeks when putting together a deal and admits his life's only regret is not spending more time with his four children. 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. The EIN for the organization is 59-1630423. Randa L Williams, 61 - Houston, TX - Reputation & Contact Details Randa Duncan Williams Net Worth & Insider Trades Descendants of Sam Walton and brother Bud Walton own about half of Walmarts stock. Texas Monthly magazine sold to Enterprise Products affiliate led by He earned a degree from Massey Business College, then got his start at Wanda Petroleum, a small, independent trucking and underground storage company. Duncan's rise didn't come without struggles. Plus, whether stronger penalties slow retail theft, the deal with all the near-misses on airport runways, and more. 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. 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). Neither Duncan nor Hobby disclosed details of the deal announced Tuesday. Information on this page was last updated on 12/27/2022. In 1995, Duncan waged his own battle with prostate cancer. The handoff of ownership becomes official June 30. 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. I have been an avid Texas Monthly reader since I was a teenager, Williams said in a statement. "I certainly never expected him to become a billionaire.". She is chairwoman of Houston-based Enterprise Products Partners, the pipeline giant founded by her father, and owns Austin-based Texas Monthly magazine. The richest among them are billionaires Ray Lee Hunt and W. Herbert Hunt, both of Dallas. Where does she come from? When Duncan was 7, his brother, Joe, fell and cut his hand on a tin can. Houston looks for new generation of top givers - Chron Williams will be Texas Monthly 's fourth owner since its founding by Mike Levy in 1973. (Dave Rossman/For the Chronicle). 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. Enterprise Products owns over 50,000 miles of energy pipelines, natural gas processing plants and a large oil storage facility on the Gulf Coast. "My idea was to build an asset-based, midstream company that'd serve the industry better than Wanda," Duncan said. After Wanda was sold in 1968, Duncan decided to go out on his own. 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. She previously served on the board of directors of Encore Bancshares. 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 breakthrough started in the late '90s. Please visitwww.enterpriseproducts.comfor more information. 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. On this Wikipedia the language links are at the top of the page across from the article title. 3rd party / other. Shes very well read, independent-minded and proud of her Texas heritage.. The chairman of both Texas Monthly, LLC, and EPCO is Randa Duncan Williams. Williams joined Enterprise Products in 1994 and remains the non-executive chairman of the board. Albert & Margaret Alkek Foundation - Board and Staff Business & Economy; 25 richest families in America . 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. 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. Its rattlesnake season in Texas. At the ceremony, Randa Duncan Williams, Chairman of the general partner of Enterprise Products, formally named the ship and became its official Godmother. They have looked at the business through every lens. Looking for a product? Mimi Swartz is a staff writer based in Houston. The Duncan Family is the 21st-wealthiest family in the world, with a. Randa duncan williams hi-res stock photography and images - Alamy Here, the two are pictured at the TUTS gala at the Hobby Center on April 20, 2012. Are insane ticket costs pricing Astros fans out of Opening Day? But What Is It? 30 spot with a net worth of $10.8 billion. Williams, of Houston is the chair of Enterprise Products Partners, a pipeline giant founded by her late father, Dan Duncan, in 1968. . Heres what you need to know. People consume storytelling more than they ever have, Goodgame said. His father, an itinerant pipeliner, died of leukemia when Duncan was 17. Sec Form 4 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. 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. One of those people was Williamsthough she had not been one of the early suitors. 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. 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. 15 among the countrys wealthiest families is the Butt family, with a net worth of $17.8 billion. The company now owns close to 50,000 miles of energy pipelines and natural gas processing plants, as well as a large oil storage facility on the Gulf Coast. Theres a party going on deep in the heart of Texas. Only ConocoPhillips, valued at $68 billion, is larger among Houston-based companies. All Rights Reserved. His nice guy look hides the type of person his character truly is. 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 . The company makes money from oil and gas pipelines and the transportation and processing of natural gas liquids from fracking. He was a risk taker - a wildcatter; a stock trader; and an entrepreneur. Her father, Dan Duncan, was the co-founder of Enterprise Products. 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. Hobby said that he first received interest from potential buyers of Texas Monthly shortly after Genesis Park purchased the magazine. 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. At the ceremony, Randa Duncan Williams, Chairman of the general partner of Enterprise Products, formally named the ship and became its official Godmother. Fleeing for Your Life? 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. Jimmy Carters Peanut-and-Egg Taco Made Quite the Impression on San Antonians. Forbes lists Williams at the 290th richest person in the world, with an estimated net worth of $6.4 billion. It highlights perfectly the immense breadth of the company which now spans from chemicals and energy, to fashion and automotive. And now Randa Duncan Williams is the new owner of the states top magazine, Texas Monthly. He not only had become Houston's richest man, he'd stayed one of its least conspicuous. Political party. A Federal Judge in Amarillo Could Effectively Ban the Abortion Pill. Support responsible news and fact-based information today! Candidate Party Preference History for the last 10 years* United States Representative District 1 Candidate Party Preference County Timeframe Doug LaMalfa Max Steiner Shes not ostentatious and she doesnt flaunt her wealth with fancy cars and other flashy indulgences, friends say. 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. How The Duncan Family Became One Of The Wealthiest Families On The Planet With A Combined Net Worth Of $26 Billion. Learn More on Randa Duncan Williams' contact information. Details of the transaction werent made public. Duncan can sneak up on you. TikTok Is Banking On Project Texas to Avoid a U.S. Ban. She was made chairwoman in 2013. We will maintain the highest standards as operators of this innovative vessel wherever we are in the world.. Seaman Treasurer 1996 - present. Today is another milestone in our continuing relationship and I wish both the ship and the Grenadier 4X4 well.. Lawyer, environmental consultant. But it's easy to give. He thought that such a new business niche could make him a profitable living. If I did it over, I'd never be this lucky again.". Hes nowhere near as rich as he boasts, nor as poor as his critics claim. 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. Thanks to a routine annual physical required by banks "When you owe millions of dollars, they worry about your health," he said it was caught early and, after radical surgery with a nerve-sparing technique, he made a full recovery. Williams served as the president and chief executive officer (CEO) of Enterprise Products and vice president at Enterprise Products from 1994 to February 2001. All rights reserved. Levy sold the magazine to Indiana-based Emmis Communications in 1998, and that company sold it in late 2016 to Hobby. Hobbys group paid $25 million for the magazine in 2016. ./Wednesday, Feb. 18, 2009, in Houston. 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. Randa Williams is 61 years old and was born on 08/28/1961. Randa Duncan Williams is the daughter of the late Dan Duncan, who was the richest man in Houston when he died in 2010. Insiders at Enterprise Products Partners own 32.6% of the company.