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Duncan was the first overall pick in the 1959 NFL Draft by the Green . 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. She and her 3 siblings each hold an 8% stake in the family business. Bill White, the former mayor of Houston said: "I can't think of a better steward for the heritage of Texas Monthly. We will maintain the highest standards as operators of this innovative vessel wherever we are in the world.. A Right-wing Cabal Took Over Odessas Municipal Government. 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. 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. | 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. For further information please visit: www.ineosgrenadier.com, Media ContactsRichard Longden (Richard.longden@ineos.com) 0041 21 627 7063 or 0041 7996 26123Andrew McLachlan (andrew@mediazoo.tv) 07931 377162Alex Williams (alex.williams@mediazoo.tv) 07793 207325. "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. Neither Duncan nor Hobby disclosed details of the deal announced Tuesday. Shes a trained lawyer, a Texas history buff, a devoted mother, a billionaire heiress and the chairwoman of the largest Houston company that isnt a household name. In most of the nation's largest cities, mayoral elections are officially nonpartisan.However, many officeholders are affiliated with political parties. Duncan's other secret was his dedication, a work ethic evident by his plan "to keep doing this until they carry me out in a box." Hearst Randolph "Randy" Duncan, Jr. (March 15, 1937 - September 27, 2016) was an American gridiron football quarterback and lawyer.. Butt, grandson of H-E-B founder Florence Butt, and three relatives sister Mary Butt Crook and two nephews own H-E-B. Forbes ranks Williams as tied for the 88th wealthiest person in the United States with an estimated net worth of $6.2 billion. While all of the Waltons dont live in the Lone Star State, members of four of the countrys other wealthiest families do. Hints and clues to help you with today's Wordle. For the second time in less than three years, Texas Monthly has a new owner. 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. Handout / Texas Monthly Show More Show Less 2 of 11. 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. Order books are now open for Europe and other key launch markets. Jan, whose first marriage failed because her husband didn't want to be married, broke down in tears, moved. 9. The gift dwarfed any previous donation to the Texas Medical Center. The chairman of both Texas Monthly, LLC, and EPCO is Randa Duncan Williams. Duncan had four adult children, each of whom is also a billionaire. It highlights perfectly the immense breadth of the company which now spans from chemicals and energy, to fashion and automotive. In 2016, Hobby led private equity investors from Genesis Park to buy the magazine for $25 million. On this Wikipedia the language links are at the top of the page across from the article title. 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,. 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. ("Dub") Andras, 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. It is a truly uncompromising 4X4 built from the ground up, engineered to overcome all conditions. Enterprise Products Partners LP operates as holding company, which engages in the production and trade of natural gas and petrochemicals. 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. 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. On HoustonChronicle.com: Houston billionaire buys Texas Monthly. Almost by definition, Enterprise seemed destined to stay under the radar. Outside Spending Groups. Williams served as the president and chief executive officer (CEO) of Enterprise Products and vice president at Enterprise Products from 1994 to February 2001. This is a carousel. Her father, Dan Duncan, was the co-founder of Enterprise Products. The Basses hold down the No. She is a major philanthropist who focuses on medicine, education, the arts, and cultural institutions. Enterprise Products owns over 50,000 miles of energy pipelines, natural gas processing plants and a large oil storage facility on the Gulf Coast. The Dragon ships have been regularly transporting ethane across the Atlantic for over six years. Software entrepreneur Robert Brockman ranks 19th in Texas and ties for 229th nationally with a net worth of $4.7 billion. People consume storytelling more than they ever have, Goodgame said. McInerny, who is 24 in real life, has a look and demeanor that aids in the verisimilitude of the film immensely. HSTORICAL VOTERI REGISTRATION STATISTICS FOR 123-DAY/154-DAY REPORTS1 FOR PRESIDENTIAL ELECTION YEARS . Chairwoman of Houston-based Enterprise Products Partners, the pipeline giant founded by her father; purchased Texas Monthly in June 2019. 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!' 15 among the countrys wealthiest families is the Butt family, with a net worth of $17.8 billion. She had strong opinions about things.. 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. (Dave Rossman/For the Chronicle). Looking for a product? $2.5 billion, according to our most recent tally. 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. After Wanda was sold in 1968, Duncan decided to go out on his own. 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. The handoff of ownership becomes official June 30. 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). The ship also has the potential to carry other products such as LPG and ethylene. The vehicle was present as a guest of honour on the quayside as the ceremony took place. 18 on the Forbes list with a net worth of $15.5 billion. Theres An App for That. Even during the evilest (aka most devastatingly effective) moment of the film, he never raises his voice or threatens Lea in any way, which somehow makes the aftermath even worse. 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. Dan Duncan founded Enterprise Products Partners in 1968. A Federal Judge in Amarillo Could Effectively Ban the Abortion Pill. She's in the news recently as she just bought her home state's top magazine, Texas Monthly. And You Thought Feral Hogs Were Bad. They have looked at the business through every lens. But leaders at Texas Monthly said their most recent ownership set them up for success and made the purchase attractive for Williams. Suddenly, he was being forced to sell assets, cut overhead, arrange payment plans. 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. In 2018, according to the Forbes 400, Williams, along with two of her siblings. Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast, Click here for the name of the one ticker you need. She can recall, paragraph by paragraph, Texas Monthly articles from ten years ago.. Rounding out the Texas contingent on the Forbes list are members of Fort Worths Bass family. 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. She was on the trustee boards for the Manned Space Flight Education Foundation, River Oaks Baptist School and the Houston A+ Challenge. Enterprise is Mont Belvieus biggest player. Get notified the next time Randa Duncan Williams buys or sells Enterprise Products Partners stock. And she intends to provide them., She wants to own it forever, added Brown. 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!' The next summer, he began traveling to visit his father wherever he was working. Leave them blank to get signed up. Forbes estimates shes worth about $68 billion, making her the richest resident of Texas and the richest Walton heir. 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. Hes never overtly pushy; instead, he subtly influences her with kindness and attention. Inside the Bro-tastic Party Mansions Upending a Historic Austin Community. I cant think of a better steward for the heritage of Texas Monthly, said former Houston Mayor Bill White, whos a close friend. Feeling the call of these locales, I dreamed of traveling to each of them, and resolved to make that dream a reality.". She and her 3 siblings each hold an 8% stake in the family business. 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. [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. 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. Fire Ants Have Unleashed Chaos in Texas for Decades. News broke Monday that on Randa Duncan Williams has purchased Texas Monthly magazine from Paul Hobby. That requires resources. I . Houston billionaire buys Texas Monthly, promising to invest and Houston pipeline heirs strike it rich as wealthiest family in Texas Dan Duncan died of a cerebral hemorrhage at his home in Houston on March 28, 2010. 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. [3] Due to a temporary repeal in the estate tax law for the year 2010, Duncan became, along with her siblings, one of the first American billionaires to pay no estate tax since its enactment. Hackett predicts the biggest player is likely to be Randa Duncan Williams, the late oil man's daughter who heads the family foundation. 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. This is a carousel. He was a low profile billionaire in a profitable but unsexy business. However, the publication last changed hands in 2016 for $25 million. 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. 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. 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. 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. 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. Their net worth: $247 billion. I have been an avid Texas Monthly reader since I was a teenager, Williams said in a statement. book to class, Oops! The company was founded by Dan L. Duncan in April 1998 and is headquartered in Houston, TX. 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. 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. Seeing the Grenadier 4X4 next to the VLEC was simply spectacular. Goodgame and Texas Monthly president Scott Brown will continue to work closely together and will report independently to Williams, as they did to Hobby. Randa Duncan Williams - Political - LittleSis Williams is now in the company of other wealthy citizens who boast legacy media crown jewels in their holdings, including: The sale is the latest in a line of transactions in which a wealthy citizen swoops in to snatch up a venerate and often faltering brand. Williams is the only sibling involved in running the family business. Lea and her mom, Sandra (Gretchen Mol), are constantly at odds, with Sandra distracted by her work and her own dating life. 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. [4], In 2019, she purchased Texas Monthly'. Randa Williams Duncan enjoys the highest profile among Houston's richest family. Medicine and education are Duncan's pet causes. (The Duncans come in at No. They just do it in many different ways today. He was right. Headquarters: 38 Hans Crescent, Knightsbridge, London, SW1X 0LZ, UK. In February this year we launched the Pacific INEOS Belstaff, then the worlds largest ethane carrier, and today alongside our highly anticipated Grenadier 4X4 we have added the second of the worlds largest VLECs to our growing fleet.. A newspaper article once dubbed her father the invisible billionaire. Duncan Williams prefers the background as well. Randa Duncan Williams's Enterprise Products Partners shares are currently valued at $24.98B.If you're new to stock investing, .
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