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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. 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. 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. 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. Unflappable and approachable, he strives for deals that benefit both parties and bases his business philosophy on his grandmother's motto of "Do the best you can every day." Theyre not looking at it that way. In addition, she serves as Chairman of Enterprise Products Company, Chairman & President of the Dan L Duncan Foundation, and Chairman of Texas Monthly, LLC. Theres a party going on deep in the heart of Texas. Donald Trumps real net worth? Each has an estimated net worth of $6.2 billion. 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. Forbes recently listed Williams as the ninth wealthiest person in Texas. 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. A graduate of the University of California at Los Angeles, he previously worked for the Raleigh News & Observer, the National Catholic Register, the Los Angeles Downtown News and the San Clemente Sun-Post. Williams was quoted in a release as saying, My family is delighted to provide the resources to support this iconic Texas institution which is nationally recognized for its editorial flair.. Ballotpedia uses one or more of the following sources to identify each officeholder's partisan affiliation: (1) direct communication from the officeholder, (2) current or previous candidacy for partisan office, or (3) identification of partisan . Investors are already flocking there for a chance at 1,000%+ returns. Enterprise Product Partners is a company which stores, processes and transports oil and gas, known as a midstream operator. 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. 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. Bring on the Shiplap. Hes never overtly pushy; instead, he subtly influences her with kindness and attention. While 2020 has been a nightmare financially for many, some locals have cashed in. 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. David Thompson, CEO of INEOS Trading & Shipping, says: Todays ceremony was very special for INEOS. The vehicle was present as a guest of honour on the quayside as the ceremony took place. Midstream operations, so-called because they involve the transportation, processing and storage of oil and gas, aren't as flashy as punching holes in the ground. Both Brown and Goodgame emphasized that Texas Monthlys long tradition of deep reporting and longform storytelling will remain a core editorial focus. I remember Randa as being very engaged and politically active, Stein said. Albert & Margaret Alkek Foundation - Board and Staff Patricia Sharpe writes a regular restaurant column, Pats Pick, for Texas Monthly. Dannine Avara - Forbes Williams joined the family business in 1994 and became president and CEO of Enterprise Products in 2001. 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.. Enterprise was sailing along in the early 1980s with more than $350 million of assets (including those of the just-purchased Wanda), when interest rates doubled. The ship is fitted with Type B tanks, a new design for transporting liquified ethane that optimises vessel capacity. 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. Hackett predicts the biggest player is likely to be Randa Duncan Williams, the late oil man's daughter who heads the family foundation. Shes highly engaged and not a passive donor, he said, not just throwing money at a cause without knowing the specifics of how it will be allocated. A self-made man, he started with a $250 loan from his dad and left a charitable foundation with initial assets of $178 million. "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. Texas Monthly's New Owner - Texas Monthly Texas Monthly gets new ownership, again - statesman.com 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. 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. 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. 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. She loves Texas Monthly as much as anybody ever did. The Duncans estimate they throw 30 to 50 dinner parties a year there, many attended by a who's who of Houston's social and corporate elite. 9. 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. Theres An App for That. Services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and marine terminals; crude oil gathering, transportation, storage and marine terminals; petrochemical and refined products production, transportation, storage, and marine terminals and related services; and a marine transportation business that operates on key U.S. inland and intracoastal waterway systems. PATRICK . The Director DefendantRanda Duncan Williams, O.S . Plus, whether stronger penalties slow retail theft, the deal with all the near-misses on airport runways, and more. My family is delighted to provide the resources to support this iconic Texas institution, which is nationally recognized for its editorial flair. 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. Get the Poynter newsletter that's right for you. 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. 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. 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. The handoff of ownership becomes official June 30. 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. Its rattlesnake season in Texas. Grenadiers meet at the Pacific INEOS Grenadier naming ceremony. 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. In its 2020 budget year, Walmart racked up revenue of $524 billion and the company continues to rack up riches for heirs of the retail giants founders. Lea seems disconnected from everyone and everything else around her, so when she meets Tom (Jonathan Tucker), a man twice her age, he offers a respite from the monotony/drudgery of her daily life. 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. his eldest daughter, Randa Duncan Williams, chairs the Enterprise Products Partners board. He later became one of the largest pipeline operators in the United States. To keep in shape for the hunts, Duncan would walk up and down the stairs at work, as many as 200 flights a day. These 4 Houstonians cash in on Forbes' list of richest American 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. 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. The gas and oil company is still under family control. She has her bachelor's degree in political science and economics from Rice University and her law degree from the University of Houston. This is a carousel. Current Climate: Big Techs Massive Carbon Footprint, Xavi Speaks On FC Barcelonas Defensive Masterclass Against Real Madrid Ahead Of Valencia Clash, How Scott Boras Used Baseballs No-Shift Rule To Get Pay Raises For Underachieving Clients, Manchester City Ready To Sell Bernardo Silva To FC Barcelona And Name Asking Price - Reports, FC Barcelona And Real Madrid Presidents Met To Discuss European Super League Strategy Before El Clasico - Reports, Xavi And Laporta Clash On Raphinha Summer Sale By FC Barcelona - Reports, Friday, March 3. Lawyer, environmental consultant. City Employees Are Heading for the Exits. 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. In addition to its name, the ship also carries the Grenadier logo proudly emblazoned on its side. As part of its greenhouse gas emission reduction strategy, there is widespread goal to move to a more circular economy, in which materials are re-used to their maximum extent. 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. Looking for a product? Randa enjoys the highest profile among the four Duncan siblings. 10 things to know about Randa Duncan Williams, the Houston billionaire who just bought Texas Monthly. Elsewhere in Texas, The Walton family once again reigns as the richest family in the U.S., according Forbes. [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. Randa and her siblings Dannine Avara, Milane Franz, and Scott Ducan weren't born into the wealth they now have. His children Randa Duncan Williams, Milane Frantz, Dannine Duncan Avara and Scott Duncan inherited a $10 billion estate from Dan when he died in 2010. He also gave $35 million to Baylor's new outpatient clinic and $10 million to the Children's Learning Institute at the University of Texas Health Science Center at Houston to create a neurodevelopmental clinic. Williams will be Texas Monthlys fourth owner since its founding by Mike Levy in 1973. 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. Get notified the next time Randa Duncan Williams buys or sells Enterprise Products Partners stock. In the Supreme Court of The State of Delaware Enterprise Products C.a Hearst Randolph "Randy" Duncan, Jr. (March 15, 1937 - September 27, 2016) was an American gridiron football quarterback and lawyer.. People consume storytelling more than they ever have, Goodgame said. Genesis Park paid $25 million for the brand in 2016, and Hobby called this new deal an ideal outcome for everyone involved. 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. She joined Enterprise in 1994 as vice president. The net worth of each heir exceeds $5 billion. Medicine and education are Duncan's pet causes. She graduated from Rice University with a degree in political science and economics, then earned her law degree from the University of Houston. Randa is the only one of Dan Duncan's children still involved in the family business. Despite it all, Duncan built a $15 billion company in an esoteric part of the natural gas industry known as midstream, between exploration and end-use. Randa Williams - Biography Williams is the only one of four. Seeing the Grenadier 4X4 next to the VLEC was simply spectacular. 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. Software entrepreneur Robert Brockman ranks 19th in Texas and ties for 229th nationally with a net worth of $4.7 billion. To that end, Texas Monthly recently switched its representation in Hollywood from William Morris Endeavor to Creative Artists Agency. 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. Randa Duncan Williams is non-executive chairman of Enterprise Products Partners, the pipeline giant her father Dan Duncan (d. 2010) founded in 1968. Information on this page was last updated on 12/27/2022. Randa Duncan Williams is non-executive chairman of Enterprise Products Partners, the pipeline giant her father Dan Duncan (d. 2010) founded in 1968. Insiders at Enterprise Products Partners own 32.6% of the company. Avara's sister Randa Duncan Williams is the only . Houston investor Randa Duncan Williams pledges to protect the magazines legacy and boost investments in its long-term growth. Shes very well read, independent-minded and proud of her Texas heritage.. Its now official: This will be the last season of the brilliant series about a media mogul and his family. Prior to that, she served as managing editor of Poynter.org. That's what makes me emotional.". 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. 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. Truth be told, there's little left for Duncan to pursue. But, for some, Williams might not be a household name. Under Hobbys ownership, Texas Monthly began to aggressively reshape its business and editorial operations for this new reality. He earned a degree from Massey Business College, then got his start at Wanda Petroleum, a small, independent trucking and underground storage company. They just do it in many different ways today. Order books are now open for Europe and other key launch markets. "I tell them no. Bill White, the former mayor of Houston said: "I can't think of a better steward for the heritage of Texas Monthly. Three decades later, numerous companies in the Gulf Coast region have become successful following Enterprise's model. 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. The NGL Pipelines & Services segment manages a natural gas processing facility and a related gathering system. 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. 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. About Us - The Houston Zoo That requires resources. Randa Duncan Williams, a Houston billionaire and philanthropist. In the last year, Enterprise Products Partners insiders bought shares 6 times. Scott B. It's receiving that's harder. David Courtney, a.k.a. And You Thought Feral Hogs Were Bad. I have been an avid Texas Monthly reader since I was a teenager, Williams said in a statement. Manchester City are now ready to sell Bernardo Silva to FC Barcelona and have named their asking price for the Portuguese midfielder, according to reports. 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. Williams earned herJuris Doctorate from the University of Houston College of Law. After Wanda was sold in 1968, Duncan decided to go out on his own. "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. 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). 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. Randa Duncan Williams - Political - LittleSis At No. Handout / Texas Monthly Show More Show Less 2 of 11. Report Date Eligible Voters2 Registered Voters Percent . 14. For the second time in less than three years, Texas Monthly has a new owner. Natural gas liquids, or NGLs, are feedstocks for petrochemicals. 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. Because nobody is perfect, humans are prone to innumerable bad decisions, or to being manipulated by others into doing things they wouldnt normally do. Forbes lists Williams at the 290th richest person in the world, with an estimated net worth of $6.4 billion. The Austin-based publication is being acquired by an entity owned by Houston investor Randa Duncan Williams, Texas Mon The experience and those of his loved ones made a lasting impression. Duncan family - Forbes Enterprise Products owns over 50,000 miles of energy pipelines, natural gas processing plants and a large oil storage facility on the Gulf Coast. Like her daddy, she prefers to keep a low profile. Descendants of Sam Walton and brother Bud Walton own about half of Walmarts stock. 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. Randa Duncan Williams - Bloomberg He was a low profile billionaire in a profitable but unsexy business. Williams is the only sibling involved in running the family business. Randa Duncan Williams is the largest individual Enterprise Products Partners shareholder, owning 974.90M shares representing 44.91% of the company. His nice guy look hides the type of person his character truly is. Duncan had four adult children, each of whom is also a billionaire. Site designed and developed by The MTM Agency. Enterprise Products Partners LP Stock Ownership - WallStreetZen The gift dwarfed any previous donation to the Texas Medical Center. Margaret Alkek Williams Chairman 2005 - present Board member since 1996 Charles A. Williams President 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. At the ceremony, Randa Duncan Williams, Chairman of the general partner of Enterprise Products, formally named the ship and became its official Godmother. News broke Monday that on Randa Duncan Williams has purchased Texas Monthly magazine from Paul Hobby. 11 on the Forbeslist.). 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. 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. The USA, Canada and Mexico will follow by the end of this year, with first deliveries in 2023. Read him on our breaking news site, Chron.com, and on our subscriber site, houstonchronicle.com.
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