Levy sold the. Because nobody is perfect, humans are prone to innumerable bad decisions, or to being manipulated by others into doing things they wouldnt normally do. June 25, 2019 35 Texas Monthly magazine has a new owner. 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!' Duncan said he didn't dwell on his grief in those days, he explains, a young child's concept of life and death wasn't what it is now. And how much money does she have, anyways? Barbara Allen is the director of college programming for Poynter. Houston Business Journal: "Dan Duncan dies at 77" by Casey Wooten, BusinessWeek: "Executive Profile - Randa Duncan Williams J.D. 4 Houstonians cash in on Forbes' list of richest American families The company now owns close to 50,000 miles of energy pipelines and natural gas processing plants, as well as a large . The Basses hold down the No. We will maintain the highest standards as operators of this innovative vessel wherever we are in the world.. 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. All rights reserved. This chart shows Randa Duncan Williams's buying and selling at Enterprise Products Partners by year and by quarter. His nice guy look hides the type of person his character truly is. The chairman of both Texas Monthly, LLC, and EPCO is Randa Duncan Williams. 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. 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. Their net worth: $247 billion. Linda Duncan - Wikipedia That $247 billion sum represents close to half of Walmarts annual revenue and is equivalent to the size of Chiles economy. 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. Dan Duncan needs no reminder. The Duncan Family is the 21st-wealthiest family in the world, with a combined $26 billion net worth. Randa Duncan Williams is non-executive chairman of Enterprise Products Partners, the pipeline giant her father Dan Duncan (d. 2010) founded in 1968. 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. I cant think of a better steward for the heritage of Texas Monthly, said former Houston Mayor Bill White, whos a close friend. Williams is the only one of four siblingsall of whom inherited equal stakes in the companyinvolved in running the family business. Randa enjoys the highest profile among the four Duncan siblings. 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. Texas Monthly has a new owner. Learn More on Enterprise Products Partners' active insiders. 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. Rounding out the Texas contingent on the Forbes list are members of Fort Worths Bass family. The impending takeover of HISD by the TEA dates back to 2019, when Wheatley High School triggered a state law by failing to meet accountability standards for seven consecutive years. 10 things to know about Randa Duncan Williams, the Houston - Chron 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. 1 of 11. People consume storytelling more than they ever have, Goodgame said. If Alice Walton were a family unto herself, shed rank as the fourth wealthiest clan in the country. Todd Ackerman was a veteran reporter who covered medicine for the Houston Chronicle. Randa is Duncan's eldest child, at 57. 16 / 25. Related by financial asset: Enterprise Products Partners L.P. Enterprise is Mont Belvieus biggest player. Randa Duncan Williams Net Worth & Insider Trades 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. Richard Kinder and 10 other Houston billionaires cash in on Forbes list Randa Duncan Williams. Copyright 2022. "The one who seemingly came out of nowhere.". In 1995, Duncan waged his own battle with prostate cancer. A Right-wing Cabal Took Over Odessas Municipal Government. In January 2019, Hobby hired Dan Goodgame, a veteran magazine editor and correspondent (most notably at Time magazine) whod most recently worked as a communications executive at the San Antoniobased cloud computing company Rackspace, to be the new editor-in-chief. 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. INEOS is a Registered Trademark, the property of INEOS Capital Limited. Hearst Randolph "Randy" Duncan, Jr. (March 15, 1937 - September 27, 2016) was an American gridiron football quarterback and lawyer.. "He's the anti-stereotype," said Jeff Share, editor of Pipeline & Gas Journal, a trade publication based in Houston. All four Duncan siblings have identical wealth and ranking (both in the U.S. and in globally). Randa Duncan Williams is the daughter of the late Dan Duncan, who was the richest man in Houston when he died in 2010. "The thing about Dan is that he's so down-home and humble that when you first meet him, it'd be easy to get the impression he's just one of the guys," said Bill Waldheim, president of Duke Energy Field Services, one of Duncan's competitors. The company was founded by Dan L. Duncan in April 1998 and is headquartered in Houston, TX. 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. 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. 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. Use Next and Previous buttons to navigate, RANDA WILLIAMS - Portraits of each individual honoree to accompany her profile (head and shoulder). Palm Trees and Power Lines opens on March 3 in select theaters. And she intends to provide them., She wants to own it forever, added Brown. WWE SmackDown results as Cody Rhodes and Roman Reigns come face-to-face. At the ceremony, Randa Duncan Williams, Chairman of the general partner of Enterprise Products, formally named the ship and became its official Godmother. We know that Randa's political affiliation is unknown . The Petrochemical & Refined Products Services segment offers propylene fractionation, butane isomerization complex, octane enhancement, and refined products. Randa Duncan Williams is the largest individual Enterprise Products Partners shareholder, owning 974.90M shares representing 44.91% of the company. 11 on the Forbeslist.). 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. Only ConocoPhillips, valued at $68 billion, is larger among Houston-based companies. Bring on the Shiplap. 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. Business & Economy; 25 richest families in America . 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. This is the way she wants to contribute to Texas, Stein said, by keeping an iconic publication going., New billionaire owner of Texas Monthly prefers background, Timeline: How battle between Houston ISD, TEA has reached the point of a looming takeover. 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. 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. The USA, Canada and Mexico will follow by the end of this year, with first deliveries in 2023. This weeks Current Climate, which every Saturday brings you the latest news about the business of sustainability. She doesn't flaunt her wealth by driving fancy cars or other conspicuously flashy indulgences. Dannine Avara - Forbes In 2018, according to the Forbes 400, Williams, along with two of her siblings. Ms. Williams is the Chairman of Enterprise Products Holdings LLC. Williams joined Enterprise Products in 1994 and remains the non-executive chairman of the board. The richest among them are billionaires Ray Lee Hunt and W. Herbert Hunt, both of Dallas. Prior to joining Enterprise in 1994, Randa practiced law with Brown, Sims, Wise & White and Butler & Binion. So, who is she? 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. She is worth about $9.1 billion and is married to sports and entertainment titan Stan Kroenke, whos worth an estimated $8.3 billion. Randa Duncan Williams, a Houston billionaire and philanthropist. I especially enjoy the longform storytelling that has helped earn the magazine fourteen National Magazine Awardsthe industrys equivalent of an Oscarover its 46-year history. One of those people was Williamsthough she had not been one of the early suitors. 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. He was right. Genesis Park paid $25 million for the brand in 2016, and Hobby called this new deal an ideal outcome for everyone involved. 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. 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. 2023 Celebrity Net Worth / All Rights Reserved. Duncan had four adult children, each of whom is also a billionaire. Houston investor Randa Duncan Williams pledges to protect the magazines legacy and boost investments in its long-term growth. Goodgame and Texas Monthly president Scott Brown will continue to work closely together and will report independently to Williams, as they did to Hobby. She joined Enterprise in 1994 as vice president. At 230 metres it is longer than two American football pitches combined (eight basketball courts). If I did it over, I'd never be this lucky again.". 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. He earned a degree from Massey Business College, then got his start at Wanda Petroleum, a small, independent trucking and underground storage company. Use Next and Previous buttons to navigate. According to the company, Texas Monthlys total audience has grown 76 percent since late 2016. Enterprise Products, has grown into the second-largest company headquartered in Houston with a stock market market value of $63 billion. 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.