She was named executor of her fathers estate when he died. . Other Interesting Article In 1995, Duncan waged his own battle with prostate cancer. After graduating, she worked as an attorney with Butler & Binion and Brown, Sims, Wise & White respectively. Randa Duncan Williams is popular American billionaire heiress. 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. The corporation has a market capitalization of $64 billion as of the time this article was written and produces annual sales of more than $50 billion. Three decades later, numerous companies in the Gulf Coast region have become successful following Enterprise's model. The next summer, he began traveling to visit his father wherever he was working. Williams is a benefactor to a wide variety of charitable organizations centered in the Houston area, including the Ballet Foundation, the Manned Spaceflight Education Foundation, and many more. Joe M. Bailey 1996 - present. In person, the 73-year-old Duncan hardly fits the billionaire image. "In fact, he's smart as a whip, someone who doesn't forget a thing, someone you really have to listen to closely.". 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. Details of the transaction werent made public. Prior to that, she served as managing editor of Poynter.org. Taylor Prewitt is the newsletter editor for Texas Monthly. "People sometimes ask me if I had to do it over again, would I do something different," said Duncan, reflecting on his career during a recent return flight from his ranch. What the Bleep Is Going On With Texas Property Taxes? To keep in shape for the hunts, Duncan would walk up and down the stairs at work, as many as 200 flights a day. Apply to join the directory. They have looked at the business through every lens. Click here to register. The other address like fan mail address and house address is not available with us. This is a carousel. 352, $6.8 billion Toyota mega-dealer Dan Friedkin: tied for No.. View 155 homes for sale in Weaverville, NC at a median listing home price of $425,000. GOP leaders say ballot shortage was targeted at Republicans. Using a process known as fractionation, Enterprise treats and separates natural gas liquids into individual products such as propane, butane and, especially, ethane. 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. It also is a story full of tragedy. 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. 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. Only pipeline magnate Rich Kinder, with a net worth of $7.3 billion, outranks them. That Seems to Be Changing. So, lets look here the contact information of Randa Duncan Williams likeResidence Address, Residence Landline Number, Office Address, Email Format, Contact Number, Fax Number, Office Phone Number, and More. The new ownership entity. It made for tough times for Duncan, whose business philosophy was all about growing the company. Margaret Alkek Williams Chairman 2005 - present Board member since 1996 Charles A. Williams President 1996 - present. It presented no evidence that masks caused serious health problems. Enterprise Products is an energy pipeline firm that is listed on public exchanges and has over 50,000 kilometers of gas, natural oil, and petrochemical pipelines. 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. Barbara Allen is the director of college programming for Poynter. Facebook Twitter Email. Texas Monthly should be in good hands under her stewardship, Stein said. Thats an annual amount of $300 million dollars. You can meet her through given above address. As of right now, the value of each investment has more than doubled. One example is Houston's Duncan family, with a net worth of $22 billion, who once again appear on the annual Forbes ranking of America's richest families. The event is Thursday, May 11, from 5 to 7 pm, at the Ion. 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. She is living with her family in Houston. Matamoros Was Once Relatively Safe for Texans. 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. And now Randa Duncan. Randa Duncan Williams serves as the non-executive chairman of Enterprise Products Partners, the pipeline company that her late father, Dan Duncan, created in 1968. It's time to look at what's on the agenda for May for Houston innovators from pitch competitions to networking events. ABOUT LOGIN SIGN UP. If you fill out the first name, last name, or agree to terms fields, you will NOT be added to the newsletter list. Like Hobby, whose father served as lieutenant governor of Texas and whose grandfather was governor, Williams, 57, comes from a legendary Texas family. 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. Randa Duncan Williams has a Facebook page where she shares her photos and videos. Uncover Shelby's photos, videos, and more , Personal details for Shelby may include . Hunt, sit at No. Williams is currently non-executive chairman of Enterprise Products Partners. Randa Williams Duncan has the highest profile among Houston's richest family. Randa Duncan Williams had her own YouTube channel, where she posted her music videos for her fans to enjoy. If I did it over, I'd never be this lucky again.". He thought that such a new business niche could make him a profitable living. What is the median home price in Weaverville, NC? Forbes recently listed Williams as the ninth wealthiest person in Texas. "My idea was to build an asset-based, midstream company that'd serve the industry better than Wanda," Duncan said. "Major companies wanted to do business with companies with significant assets. The above-mentioned link will take you to her page. Hobby said that he first received interest from potential buyers of Texas Monthly shortly after Genesis Park purchased the magazine. On Average the houses for sale in Weaverville, NC spend an average of 74 days on the market. Click here to register. People in the industry say he has no ego. The event is Thursday, May 11, to Saturday, May 13, at Rice University. Since 1995, he has also served as chairman of the board of trustees for the Houston Museum of Natural Science. Back home, Duncan was breezing through school. She says no to the majority of queries from the press and has been called one of the hidden millionaires in the United States. from University of Houston Law Center in 1988. On Monday, it became public knowledge that Randa Duncan Williams had acquired Texas Monthly magazine from Paul Hobby. He was right. Here's what the data says. "I remember sitting around the campfire my first venture outside of Texas, listening to other hunters discussing their experiences in Alaska, Canada and Africa," Duncan writes in one of the short pieces he's penned on the joys of hunting. Generator vs power station: Which one is right for you? 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. Hildebrands estimated net worth in 2023 was a whopping $10.2 billion, making him the 171st richest person in the entire world. She is one of four children of the late oil billionaire and philanthropist Dan Duncan, who founded Houston-based Enterprise Products Partners, a publicly traded midstream energy company. Elon Musk made the list at #2 with a net worth of $180 billion. Randa personally controls around 8% of the business, which equates to approximately 175 million shares. The breakthrough started in the late '90s. He was only half kidding. Since the Baylor gifts and the Forbes listing, Duncan has become the hot new target of the city's fundraisers. Anyone interested in seeing her uploads and videos can use the account name link provided above. 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.. And now Randa Duncan Williams is the new owner of the states top magazine, Texas Monthly. A spiritual woman who'd listen raptly to religious programs on the radio, she became Duncan's greatest influence. Wealth History HOVER TO REVEAL NET WORTH BY YEAR Forbes Lists #11 America's. Todd Ackerman was a veteran reporter who covered medicine for the Houston Chronicle. Truth be told, there's little left for Duncan to pursue. Scott B. You can make call her through at her office contact number 1-713-381-6500. 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. Step Aside, Perrys: This 30-Ounce Smoked Pork Chop Is Ready to Take the Crown, Love and Death in Silicon Prairie, Part I: Candy Montgomerys Affair, Willie Nelsons Son Lukas on Ancient Texts, Pearl Jam, and I Never Cared for You, I Biked the I-35 Hell Route From Austin to San Antonio So You Dont Have To, Texas-Style Pulled Pork Is Embarrassing, The Astrodomes Decline From Eighth Wonder to Eighth Blunder of the World, 15 Treasure-Filled Spots to Antique in Small-town Texas, Mosquito Hawks Are Flitting All Over Texas, Love and Death in Silicon Prairie, Part II: The Killing of Betty Gore, Matthew McConaughey Is Monetizing His Whole Vibe. 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. We have the journalists and photographers and designers to do that well already, and we will continue to grow new muscles to do it in new ways. That means not only more podcasts and events and web journalism but also, he said, a new focus on selling Texas Monthly stories to producers of movies, streaming video, and TV series. She did it in secret in June of 2019 when she acquired Texas Monthly, the preeminent magazine covering Texas. The forces here are personal as Duncan Williams son received assistance at the Children's Learning Institute in coping with his dyslexia and improving his reading skills. Alice Walton isn't the only Texan who's a member of the Walton dynasty. HEALTH & HUMAN SERVICES: The family is strongly involved with the University of Texas Health Science Centers Children's Learning Institute, whose mission is to enhance children's opportunities for successful living by providing them with individualized research-based clinical services. The late Dan Duncan made a $10 million to the Children's Learning Institute at The University of Texas Health Science Center at Houston to create the Dan L. Duncan Children's Neurodevelopmental Clinic. Randa is the only one of Dan's children with a role in the company, serving as chairman of the board since 2013. Whether youre shopping Way Day 2023 or Walmart, theres an al fresco set for you. New billionaire owner of Texas Monthly prefers background. Medicine and education are Duncan's pet causes. In addition to that, she is a member of the committees for governance and capital projects. You can follow her on Facebook, which you can find by clicking the link above. There, all manner of beasts pose majestically lions, leopards, bears, elephants trophies of a lifetime of big-game hunting on every continent but Antarctica. 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Suddenly, he was being forced to sell assets, cut overhead, arrange payment plans. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the SDD Family Trust, except to the extent of her pecuniary interest therein. Ion District is celebrating its second annual festival of innovation in Houston, known as Activation Festival which will feature: The event is Wednesday, May 17, to Friday, May 19, at The Ion. Jan, whose first marriage failed because her husband didn't want to be married, broke down in tears, moved. Mark your calendars and register accordingly. You can meet her through given above address. "No," replied Randy Burkhalter, Duncan's director of investor relations, "but do you really have to print that?". Click here to register. As a result of a provision in the statute pertaining to inheritance taxes that provided for its temporary repeal for the calendar year 2010, Duncan became the first American billionaire to do so since the laws inception. Click here to register. He is president of M&A Properties, Inc. EDUCATION & YOUTH: Duncan Williams has sat on the board of trustees of her alma mater Rice University, which she supports. She can treat it more like a non-profit. from University of Houston Law Center in 1988. Earlier in her career, she had a position on the board of directors at Encore Bancshares. The other address like fan mail address and house address is not available with us. 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. By the late 1970s, when Enterprise really started building assets, Duncan could borrow $300 million from the bank. "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. In 2016, under Hobbys leadership, Genesis Parks private equity investors purchased the magazine for a total of $25 million. Click here to register. As she recalls the scene, Duncan jokes, "Great line.". Of course, until Duncan started Enterprise, midstream operations were handled by the major oil and gas companies themselves. chief meteorologist salary california, stealth 3 gallon 3 peak horsepower wet dry vacuum, beacon brevard login,