Enterprise Products owns over 50,000 miles of energy pipelines, natural gas processing plants and a large oil storage facility on the Gulf Coast. 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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 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. 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 . Fleeing for Your Life? Randa Duncan was born to Barbara Ann and Dan Duncan. Read him on our breaking news site, Chron.com, and on our subscriber site, houstonchronicle.com. 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. Report Date Eligible Voters2 Registered Voters Percent . Duncan Williams is a member of the board of trustees of the Houston Zoo and the Houston Museum of Natural Science. Forbes also ranks her as tied for the 290th richest person in the world. The next summer, he began traveling to visit his father wherever he was working. Texas Monthly gets new ownership, again - statesman.com Williams is the only one of four siblingsall of whom inherited equal stakes in the companyinvolved in running the family business. These 4 Houstonians cash in on Forbes' list of richest American 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. 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). While all of the Waltons dont live in the Lone Star State, members of four of the countrys other wealthiest families do. Randa L Williams, 61 - Houston, TX - Reputation & Contact Details 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. 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. Use Next and Previous buttons to navigate, RANDA WILLIAMS - Portraits of each individual honoree to accompany her profile (head and shoulder). In most of the nation's largest cities, mayoral elections are officially nonpartisan.However, many officeholders are affiliated with political parties. I have been an avid Texas Monthly reader since I was a teenager, Williams said in a statement. Looking for a product? 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. Duncan had four adult children, each of whom is also a billionaire. 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. Elsewhere in Texas, The Walton family once again reigns as the richest family in the U.S., according Forbes. One example is Houstons Duncan family, with a net worth of $22 billion, who once again appear on the annual Forbes ranking of America's richest families. 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. Todd Ackerman was a veteran reporter who covered medicine for the Houston Chronicle. The children Dannine Avara, Scott Duncan, Milane Frantz, and Randa Williams inherited a tax-free $10 billion share of their father's estate following his death in 2010, when the so . Shes very well read, independent-minded and proud of her Texas heritage.. The most recent insider tranaction occured on December, 27th when Director Carin Marcy Barth bought 5,000 shares worth more than $119,950.00. Duncan's rise didn't come without struggles. Hobbys tenure as chairman of Texas Monthly also saw some tumult, including several high-profile staff departures and accusations of editorial impropriety in early 2018, when then editor-in-chief Tim Taliaferro was alleged by the Columbia Journalism Review to have agreed to an arrangement in which the dating app Bumble would pay for social media promotion for a Texas Monthly cover story about Bumble founder Whitney Wolfe Herd. Business & Economy; 25 richest families in America . Texas Monthly's New Owner - Texas Monthly Since the Baylor gifts and the Forbes. Are insane ticket costs pricing Astros fans out of Opening Day? Heres what you need to know. Forbes lists Williams at the 290th richest person in the world, with an estimated net worth of $6.4 billion. 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. [4], In 2019, she purchased Texas Monthly'. Wendy Davis Returns to the Texas Capitol and a Whole New Political Landscape. Some brokers just had telephones.". Party affiliation of the mayors of the 100 largest cities Hobby said that he first received interest from potential buyers of Texas Monthly shortly after Genesis Park purchased the magazine. Randa enjoys the highest profile among the four Duncan siblings. Her father Dan Duncan became the first American billionaire to pass his fortune tax-free to his descendants due to a temporary repeal of the estate tax law in 2010. . Both Brown and Goodgame emphasized that Texas Monthlys long tradition of deep reporting and longform storytelling will remain a core editorial focus. Sold! Randa Duncan Williams buys Texas Monthly, the latest - Poynter If I did it over, I'd never be this lucky again.". Duncan was part of an illustrious Houston philanthropic . 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!' 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. Print ad revenue has declined in the same period. I remember Randa as being very engaged and politically active, Stein said. McInerny, who is 24 in real life, has a look and demeanor that aids in the verisimilitude of the film immensely. These 4 Houstonians cash in on Forbes' list of richest American 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. The Austin-based publication is being acquired by an entity owned by Houston investor Randa Duncan Williams, Texas Mon 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. Peter Dawson is a digital reporter in Houston. Both Taliaferro and Hobby have repeatedly denied that any such deal took place. 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). HSTORICAL VOTERI REGISTRATION STATISTICS FOR 123-DAY/154-DAY REPORTS1 FOR PRESIDENTIAL ELECTION YEARS . He was a low profile billionaire in a profitable but unsexy business. Houston looks for new generation of top givers - Chron Only pipeline magnate Rich Kinder, with a net worth of $7.3 billion, outranks them. Houston's richest man raises his profile - Chron 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. [8], She lives in Houston with her husband, and they have one child.[7]. When she gives money, shes selective and wants to ensure it will be spent appropriately. 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. Levy sold the magazine to Indiana-based Emmis Communications in 1998, and that company sold it in late 2016 to Hobby. from the University of Houston. The amount paid for what is called the National Magazine of Texas wasn't disclosed. Grenadiers meet at the Pacific INEOS Grenadier naming ceremony. ", Houston Business Journal: "Duncan heirs added to Forbes richest 400 list" by Casey Wooten, New York Times: "Legacy for One Billionaire: Death, but No Taxes" By DAVID KOCIENIEWSKI, "10 things to know about Randa Duncan Williams, the Houston billionaire who just bought Texas Monthly", "Texas Monthly gets new ownership, again", Forbes: The World's Billionaires - Randa Williams, https://en.wikipedia.org/w/index.php?title=Randa_Williams&oldid=1108418741, American businesspeople in the oil industry, Creative Commons Attribution-ShareAlike License 3.0, holding an 8% stake in Enterprise Products, This page was last edited on 4 September 2022, at 08:21. Today is another milestone in our continuing relationship and I wish both the ship and the Grenadier 4X4 well.. 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. A major philanthropist like her father, she has focused much of her giving on medicine, education, the arts and cultural institutions, such as the Houston Zoo and the Houston Museum of Natural Science. 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. Seaman Treasurer 1996 - present. Slowly but surely she falls for him, even though part of her knows the situation feels off. WWE SmackDown results as Cody Rhodes and Roman Reigns come face-to-face. Austin-based Texas Monthly sold to Houston billionaire following 25 Richest Families in America | Stacker Under Hobbys ownership, Texas Monthly began to aggressively reshape its business and editorial operations for this new reality. 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. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. 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 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. book to class, Oops! Duncan Williams, 57, is the only one of Duncans children actively involved in the family business, where she chairs Enterprises board of directors. Prior to joining Enterprise in 1994, Randa practiced law with Brown, Sims, Wise & White and Butler & Binion. Randa Duncan Williams Net Worth & Insider Trades Margaret Alkek Williams Chairman 2005 - present Board member since 1996 Charles A. Williams President 1996 - present. He played college football at the University of Iowa in the Big Ten Conference.He played in two Rose Bowls (January 1957, 1959) and was inducted into the College Football Hall of Fame (1997). The companys annual sales are around $28 billion. Deck structures the film so that Lea is almost the perfect victim, someone whos alienated from those close to her and more than willing to accept someone who promises a type of escape. Williams will be Texas Monthly 's fourth owner since its founding by Mike Levy in 1973.