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Both Brown and Goodgame emphasized that Texas Monthlys long tradition of deep reporting and longform storytelling will remain a core editorial focus. Randa Duncan Williams is a businessperson who has been at the helm of 5 different companies and presently occupies the position of Non-Executive Chairman for Enterprise Products Partners LP, Chairman for Enterprise Products Co., President of DLD Family Investments LLC and Chairman for EPCO Holdings, Inc. If Alice Walton were a family unto herself, shed rank as the fourth wealthiest clan in the country. Duncan Williams is a member of the board of trustees of the Houston Zoo and the Houston Museum of Natural Science. Use Next and Previous buttons to navigate, RANDA WILLIAMS - Portraits of each individual honoree to accompany her profile (head and shoulder). New Democratic Party. With his ruddy complexion, smooth skin and occasionally impish grin, he exudes the warmth of your favorite uncle. Based on Enterprise's proxy statement for the deal, the reporter calculated that "this fellow Dan Duncan" had a net worth of more than $4 billion, good for 40th in the magazine's annual ranking of wealthiest Americans. The vehicle was present as a guest of honour on the quayside as the ceremony took place. That mindset has continued as a philanthropist, he said. Randa enjoys the highest profile among the four Duncan siblings. Shes very well read, independent-minded and proud of her Texas heritage.. But leaders at Texas Monthly said their most recent ownership set them up for success and made the purchase attractive for Williams. 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. 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. And she intends to provide them., She wants to own it forever, added Brown. Randa Duncan Williams. 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. Descendants of Sam Walton and brother Bud Walton own about half of Walmarts stock. 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Williams is a well-known philanthropist who contributes to numerous Houston-based charities. Alice Walton isnt the only Texan whos a member of the Walton dynasty. 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. 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. In a business environment where journalists at many publications have become accustomed to hearing that theyll have to produce more content across more platforms with fewer resources, its great news, Goodgame said, that Williams aims to build on the work of Genesis Park and boost long-term investments in Texas Monthlys editorial staff, subscription marketing, and other key areas. As of February 9, 2023 What is Randa Duncan Williams's Net Worth? One of those people was Williamsthough she had not been one of the early suitors. 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. He earned a degree from Massey Business College, then got his start at Wanda Petroleum, a small, independent trucking and underground storage company. 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. 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. By the time she discovers the truth about Toms life, it may be too late to go back. He thought that such a new business niche could make him a profitable living. 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. 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. He graduated at 16, a four-sport letterman who twice skipped grades even though he said he never brought a book home. Feeling the call of these locales, I dreamed of traveling to each of them, and resolved to make that dream a reality.". Joe M. Bailey 1996 - present. Her father, Dan Duncan, was the co-founder of Enterprise Products. On HoustonChronicle.com: Houston billionaire buys Texas Monthly. 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. After a stint in the Army in the mid-1950s he was stationed in Germany doing radio communications Duncan moved to Houston and went back to school. Like Hobby, whose father served as lieutenant governor of Texas and whose grandfather was governor, Williams, 57, comes from a legendary Texas family. "Major companies wanted to do business with companies with significant assets. She can help strengthen the magazine without needing it to be a money maker. Forbes says the stock generates more than $700 million in annual dividend income for the family. Randa Duncan Williams, a Houston billionaire and philanthropist. Theres a party going on deep in the heart of Texas. "Giving to the community is a way to make a difference. 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. Bill White, the former mayor of Houston said: "I can't think of a better steward for the heritage of Texas Monthly. Genesis Park paid $25 million for the brand in 2016, and Hobby called this new deal an ideal outcome for everyone involved. She was elected as a board director in 2010 and as chairman in 2013. Randa Duncan Williams's Enterprise Products Partners shares are currently valued at $24.98B.If you're new to stock investing, . We will maintain the highest standards as operators of this innovative vessel wherever we are in the world.. Williams is the only one of four. Randa Duncan Williams Vice President 1996 - present. Hobbys group paid $25 million for the magazine in 2016. Political party. According to the company, Texas Monthlys total audience has grown 76 percent since late 2016. A year and a half later, his worth now at $6 billion, his profile raised by a $100 million gift to Baylor College of Medicine, Duncan remains one of the city's least known heavy hitters. Williams earned herJuris Doctorate from the University of Houston College of Law. Jos R. Ralat is Texas Monthlys taco editor, writing about tacos and Mexican food. A week later, he became ill with fever and chills. Slowly but surely she falls for him, even though part of her knows the situation feels off. His father, an itinerant pipeliner, died of leukemia when Duncan was 17. 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. "He's the anti-stereotype," said Jeff Share, editor of Pipeline & Gas Journal, a trade publication based in Houston. If you fill out the first name, last name, or agree to terms fields, you will NOT be added to the newsletter list. Please visitwww.enterpriseproducts.comfor more information. Are insane ticket costs pricing Astros fans out of Opening Day? At the ceremony, Randa Duncan Williams, Chairman of the general partner of Enterprise Products, formally named the ship and became its official Godmother. Dan Duncan died of a cerebral hemorrhage at his home in Houston on March 28, 2010. Use our Product finder instead. Left-handed batters, hurt by the increasingly popular practice of bunching defenders on one side of the field, are exacting their revenge by signing sweet post-shift contracts. On the road frequently in the early years, he still puts in 70- to 100-hour weeks when putting together a deal and admits his life's only regret is not spending more time with his four children. Why Does He Get to Make That Call? 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!' "My family is delighted to provide the resources to support this iconic Texas institution, which is nationally recognized for its editorial flair.". Houston pipeline heirs Dannine Avara, Scott Duncan, Milane Frantz, and Randa Duncan Williams tie for 12th place in Texas and tie for 161st nationally. 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. 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). Williams joined Enterprise Products in 1994 and remains the non-executive chairman of the board. The Safari Club International Record Book, which lists the biggest animals ever legally shot, has 550 entries for him. As a child, Duncan lost his mother to tuberculosis and his only sibling, an older brother, to tetanus. A self-made man, he started with a $250 loan from his dad and left a charitable foundation with initial assets of $178 million. 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. She was made chairwoman in 2013. 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). 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. (Dave Rossman/For the Chronicle). For the second time since 2016, Texas Monthly magazine is getting a new owner. A Right-wing Cabal Took Over Odessas Municipal Government. We are also proud ambassadors of the uncompromising Grenadier 4X4. the Texanist, is a staff writer. Texas Monthly has a new owner. Texas Monthly should be in good hands under her stewardship, Stein said. A newspaper article once dubbed her father the invisible billionaire. Duncan Williams prefers the background as well. Are ticket costs pricing Houston Astros fans out of Opening Day? 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. Forbes also ranks her as tied for the 290th richest person in the world. It made for tough times for Duncan, whose business philosophy was all about growing the company. Seeing the Grenadier 4X4 next to the VLEC was simply spectacular. Randa Duncan Williams, 59, is the non-executive chairman of Enterprise Products Partners, founded by her father Dan Duncan. Randa Duncan Williams has a net worth of $7.2 billion.