She's in the news recently as she just bought her home state's top magazine, Texas Monthly. 14. Stock photos, 360 images, vectors and videos Bill White, the former mayor of Houston said: "I can't think of a better steward for the heritage of Texas Monthly. 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. In 2016, Hobby led private equity investors from Genesis Park to buy the magazine for $25 million. Learn More on Randa Duncan Williams' trading history. Randa enjoys the highest profile among the four Duncan siblings. Williams will be Texas Monthlys fourth owner since its founding by Mike Levy in 1973. 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. 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. In his later years, his drive to succeed turned to the philanthropic world. She can recall, paragraph by paragraph, Texas Monthly articles from ten years ago.. 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). Hobby said that he first received interest from potential buyers of Texas Monthly shortly after Genesis Park purchased the magazine. Suddenly, he was being forced to sell assets, cut overhead, arrange payment plans. Like her father, Randa stays out of the spotlight. But it's easy to give. McInerny, who is 24 in real life, has a look and demeanor that aids in the verisimilitude of the film immensely. Randa enjoys the highest profile among the four Duncan siblings. A Federal Judge in Amarillo Could Effectively Ban the Abortion Pill. Williams will be Texas Monthly 's fourth owner since its founding by Mike Levy in 1973. Duncan was the first overall pick in the 1959 NFL Draft by the Green . Prior to that, she served as managing editor of Poynter.org. Butt, grandson of H-E-B founder Florence Butt, and three relatives sister Mary Butt Crook and two nephews own H-E-B. 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. Scott B. I cant think of a better steward for the heritage of Texas Monthly, said former Houston Mayor Bill White, whos a close friend. 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. 30 spot with a net worth of $10.8 billion. Most recently, on Wednesday, September 30th, Randa Duncan Williams bought 15,000 shares of Enterprise Products Partners stock. Learn More on Enterprise Products Partners' active insiders. Since the Baylor gifts and the Forbes. Enterprise Product Partners is a company which stores, processes and transports oil and gas, known as a midstream operator. At No. Todd Ackerman was a veteran reporter who covered medicine for the Houston Chronicle. His father, an itinerant pipeliner, died of leukemia when Duncan was 17. Get the Poynter newsletter that's right for you. 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. 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 . Randa Duncan Williams, Chairman of the general partner of Enterprise Products, says: At Enterprise we are delighted to work closely with INEOS. . What Genesis Park brought to us was the investment needed to begin to extend our brand beyond print to the platforms where audiences and revenue are growing, Goodgame said. Williams is the only one of four. 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. The terms of the sale were not . 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. Political party. 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. 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. 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). 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. Fire Ants Have Unleashed Chaos in Texas for Decades. 18 on the Forbes list with a net worth of $15.5 billion. This weeks Current Climate, which every Saturday brings you the latest news about the business of sustainability. Ms. Williams is the Chairman of Enterprise Products Holdings LLC. 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. The way it played out is poetic.. 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!' She graduated from Rice University with a degree in political science and economics, then earned her law degree from the University of Houston. Patricia Sharpe writes a regular restaurant column, Pats Pick, for Texas Monthly. Palm Trees and Power Lines opens on March 3 in select theaters. 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. She is the Chairwoman of Enterprise's board of directors. Profession. Wendy Davis Returns to the Texas Capitol and a Whole New Political Landscape. 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. The Natural Gas Pipelines & Services segment stores and transports natural gas. This is a carousel. "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. Outside, 20 species of native and exotic game roam the 5,000-acre spread named the Double D. Duncan's passion for hunting dates to boyhood jaunts for small game in East Texas, but it reawakened in his mid-30s, after a trip to New Mexico to hunt Rocky Mountain elk. 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. 8. Dan Duncan died of a cerebral hemorrhage at his home in Houston on March 28, 2010. 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. 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 2020 has been a nightmare financially for many, some locals have cashed in. 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. To that end, Texas Monthly recently switched its representation in Hollywood from William Morris Endeavor to Creative Artists Agency. We are also proud ambassadors of the uncompromising Grenadier 4X4. Only ConocoPhillips, valued at $68 billion, is larger among Houston-based companies. 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. 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. 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. [1], She has a JD from the University of Houston and a bachelor's degree from Rice University.[2]. Leave them blank to get signed up. [8], She lives in Houston with her husband, and they have one child.[7]. Hes never overtly pushy; instead, he subtly influences her with kindness and attention. Williams is a well-known philanthropist who contributes to numerous Houston-based charities. INEOS is a Registered Trademark, the property of INEOS Capital Limited. 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. Alice Walton isnt the only Texan whos a member of the Walton dynasty. They were very young children when their father famously founded Enterprise Product Partners with $10,000 and a couple of propane trucks. Joe M. Bailey 1996 - present. his eldest daughter, Randa Duncan Williams, chairs the Enterprise Products Partners board. 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. She previously served on the board of directors of Encore Bancshares. 15 among the countrys wealthiest families is the Butt family, with a net worth of $17.8 billion. Its rattlesnake season in Texas. 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. Jimmy Carters Peanut-and-Egg Taco Made Quite the Impression on San Antonians. Duncan's daughter, Williams, has an 8-year-old son who received assistance at the institute in coping with his dyslexia and improving his reading skills. Randa Duncan Williams has a net worth of $7.2 billion. Reflects change since 5 pm ET of prior trading day. 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. Need to know more? 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. 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. According to the company, Texas Monthlys total audience has grown 76 percent since late 2016. 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. Did Enterprise dispute the amount? By the time she discovers the truth about Toms life, it may be too late to go back. At the ceremony, Randa Duncan Williams, Chairman of the general partner of Enterprise Products, formally named the ship and became its official Godmother. The Duncan Family is the 21st-wealthiest family in the world, with a. 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. 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. He not only had become Houston's richest man, he'd stayed one of its least conspicuous. Forbes says the stock generates more than $700 million in annual dividend income for the family. Nowhere can that be more jarring than amid the hundreds of mounted animals at his ranch house in Smithville, about 50 miles southeast of Austin. How The Duncan Family Became One Of The Wealthiest Families On The Planet With A Combined Net Worth Of $26 Billion. They have looked under every rock. 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. the Texanist, is a staff writer. Are ticket costs pricing Houston Astros fans out of Opening Day? He was right. Astros GM Dana Brown sees bright future for top prospect Drew Gilbert, This is how astronauts see Houston, Texas Gulf from space with unaided eyes, Roger Clemens makes surprise appearance at Astros' Spring Training, Texas lawmaker files bill to make menstrual products tax free, Proposed Texas bill would offer 12 weeks of paid family leave, Heres how you can watch 'Daisy Jones and the Six', Texas tornados destroy homes, leave 300,000 without power, Texas Republican wants to ban access to abortion websites. Today, though his international hunting trips are largely behind him, he looks as trim and fit as ever. from the University of Houston. Breadcrumb. 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). 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. Randa Williams is marred to her husband, Charles A. Williams. Copyright 2022. "Giving to the community is a way to make a difference. Duncan had four adult children, each of whom is also a billionaire. It's receiving that's harder. Get notified the next time Randa Duncan Williams buys or sells Enterprise Products Partners stock. 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 thing is, Duncan's story is epic stuff: self-made man who started his company with $10,000 and a trailer-truck; visionary new breed of oilman who carved out a niche that changed the industry; big game hunter who's stalked prey on six continents; record-setting philanthropist; cancer survivor. People consume storytelling more than they ever have, Goodgame said. Candidate Party Preference History for the last 10 years* United States Representative District 1 Candidate Party Preference County Timeframe Doug LaMalfa Max Steiner Can College Sports Get More Absurd Than SMU Joining the Pac-12? Heres what you need to know. This website is published by INEOS on behalf of its businesses. 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. Duncan Williams is a member of the board of trustees of the Houston Zoo and the Houston Museum of Natural Science. "My idea was to build an asset-based, midstream company that'd serve the industry better than Wanda," Duncan said. 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. 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.. My family is delighted to provide the resources to support this iconic Texas institution, which is nationally recognized for its editorial flair. The Austin-based publication is being acquired by an entity owned by Houston investor Randa Duncan Williams, Texas Mon The gift dwarfed any previous donation to the Texas Medical Center. Elsewhere in Texas, The Walton family once again reigns as the richest family in the U.S., according Forbes. FC Barcelona head coach Xavi Hernandez and president Joan Laporta are not currently seeing eye to eye on the potential sale of misfit winger Raphinha this summer, according to reports. On HoustonChronicle.com: Houston billionaire buys Texas Monthly. EPCO's principal business was to provide employees, management, and administrative services to Duncan's companies, including Enterprise Products LP, Enterprise Products GP, and (until the 2010 Merger) EPE. Additionally, she sits on the board of the University of Texas Health Science Center. Forbes also ranks her as tied for the 290th richest person in the world. 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. Williams is the only one of four siblings involved in running the family business; all four inherited equal stakes in the company. And You Thought Feral Hogs Were Bad. Peter Dawson is a digital reporter in Houston. They purchased a total of 65,350 shares worth more than $1,573,730.50. 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. However, the publication last changed hands in 2016 for $25 million. Dan Duncan famously founded the energy empire that would become Enterprise Products Partners with just $10,000 and a couple of propane trucks. 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. Forbes ranks Williams as tied for the 88th wealthiest person in the United States with an estimated net worth of $6.2 billion.
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