Palm Trees and Power Lines is not an easy film to watch, and it often goes in directions that viewers may not want to believe. ./Wednesday, Feb. 18, 2009, in Houston. 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.. Need to know more? Joe M. Bailey 1996 - present. FC Barcelona head coach Xavi Hernandez and president Joan Laporta are not currently seeing eye to eye on the potential sale of misfit winger Raphinha this summer, according to reports. "I was enthralled by their vivid descriptions. He was right. They purchased a total of 65,350 shares worth more than $1,573,730.50. She's very well read, independent-minded and proud of her Texas heritage.". Enter your email address below to get our daily insider buying and selling report. A Texas history buff owning a magazine about Texas seems like a natural fit. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. "Giving to the community is a way to make a difference. Mr John Lu, President of Pacific Gas said:We are delighted to deliver the Pacific INEOS Grenadier, the second of the largest VLECs in the world, as we extend INEOS ground-breaking ethane trading business. This is a carousel. Houston's richest man raises his profile - Chron Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the RDW Family Trust, except to the extent of her pecuniary interest therein. For example, preservation of food and clean water; construction of wind turbines, solar panels and other renewable technologies; for construction of lighter and more fuel-efficient vehicles and aircraft; for medical devices and applications; for clothing and apparel; and for insulation and other industrial and home applications. 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. Major Williams Republican Democratic Los Angeles 2012-2022 Orange 2012-2022 Orange 2021-2022 2012-2021 San Diego 2018-2022 Sonoma 2012-2018 Lassen 2012-2022 . Chairwoman of Houston-based Enterprise Products Partners, the pipeline giant founded by her father; purchased Texas Monthly in June 2019. Biography [ edit] Randa Duncan was born to Barbara Ann and Dan Duncan. 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. Three decades later, numerous companies in the Gulf Coast region have become successful following Enterprise's model. 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. Get the Poynter newsletter that's right for you. Written and directed by Jamie Deck, with help from co-writer Audrey Findlay, the film is profoundly difficult to watch, as viewers are witness to a slow-motion train wreck that they are powerless to stop. The most recent insider tranaction occured on December, 27th when Director Carin Marcy Barth bought 5,000 shares worth more than $119,950.00. "In this business, everyone has the same product," said Duncan, who owns 37 percent of Enterprise. Copyright 2022. The Dragon ships have been regularly transporting ethane across the Atlantic for over six years. 14. Duncan can sneak up on you. Looking for a product? They have looked at the business through every lens. Submit a correction suggestion and help us fix it! Randa enjoys the highest profile among the four Duncan siblings. Duncan Williams, 57, is the only one of Duncans children actively involved in the family business, where she chairs Enterprises board of directors. Its rattlesnake season in Texas. 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 four siblings are tied for the second wealthiest people in Houston. The brass at Enterprise Products was busy finalizing a blockbuster transaction in the summer of 2004, when Forbes magazine called with a question about the company's chairman. 1This 123-Day Report of Registration for apresidential general election is the second report of its kind; therefore, its data is being compared to the first 124-Day Report of Registration on July 7, 2016, and the 154Day Reports of . Medicine and education are Duncan's pet causes. Order books are now open for Europe and other key launch markets. Goodgame said hes proud of Texas Monthlys recent growth across platforms that extends to live events, podcasts and beyond. Dan Duncan founded Enterprise Products Partners in 1968. The INEOS ethane fleet now consists of twelve vessels including four VLECs, and eight Dragon ships. Fleeing for Your Life? And she intends to provide them., She wants to own it forever, added Brown. Since then, he has hunted with the Eskimos of the North in Canada, the Pygmies of the Central African Republic, the Bushman people of Botswana and the nomads of Northern Africa. 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. Enterprise Products Partners has a market value of $63 billion. While 2020 has been a nightmare financially for many, some locals have cashed in. Here, the two are pictured at the TUTS gala at the Hobby Center on April 20, 2012. Robert is the wealthiest of the foursome. Prior to joining the company, she practiced law with the firms Butler & Binion and Brown, Sims, Wise & White. Randa Duncan Williams Net Worth & Insider Trades With his ruddy complexion, smooth skin and occasionally impish grin, he exudes the warmth of your favorite uncle. Hackett predicts the biggest player is likely to be Randa Duncan Williams, the late oil man's daughter who heads the family foundation. | 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. In the last year, Enterprise Products Partners insiders bought shares 6 times. The Austin-based publication is being acquired by an entity owned by Houston investor Randa Duncan Williams, Texas Mon time of the 2009 Sale, by Duncan and members of his family. 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. A spiritual woman who'd listen raptly to religious programs on the radio, she became Duncan's greatest influence. But it's easy to give. Both individuals are. Sold! Randa Duncan Williams buys Texas Monthly, the latest - Poynter That mindset has continued as a philanthropist, he said. Did Enterprise dispute the amount? Get notified the next time Randa Duncan Williams buys or sells Enterprise Products Partners stock. Under Hobbys ownership, Texas Monthly began to aggressively reshape its business and editorial operations for this new reality. $2.5 billion, according to our most recent tally. The hub of its NGL processing is just east of Houston in Mont Belvieu, known as the natural gas liquids capital of the world due to its massive complex of underground salt dome storage and processing plants. Profession. The Basses hold down the No. Only ConocoPhillips, valued at $68 billion, is larger among Houston-based companies. This is a carousel. He was only half kidding. She can recall, paragraph by paragraph, Texas Monthly articles from ten years ago.. City Employees Are Heading for the Exits. Peter Dawson is a digital reporter in Houston. On this Wikipedia the language links are at the top of the page across from the article title. PACs. For the second time since 2016, Texas Monthly magazine is getting a new owner. Leave them blank to get signed up. The company makes money from oil and gas pipelines and the transportation and processing of natural gas liquids from fracking. A Right-wing Cabal Took Over Odessas Municipal Government. Barbara Allen is the director of college programming for Poynter. Randa Williams is marred to her husband, Charles A. Williams. The handoff of ownership becomes official June 30. Support responsible news and fact-based information today! 30 spot with a net worth of $10.8 billion. She is worth about $9.1 billion and is married to sports and entertainment titan Stan Kroenke, whos worth an estimated $8.3 billion. 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." That requires resources. 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. Shes highly engaged and not a passive donor, he said, not just throwing money at a cause without knowing the specifics of how it will be allocated. We will maintain the highest standards as operators of this innovative vessel wherever we are in the world.. The Safari Club International Record Book, which lists the biggest animals ever legally shot, has 550 entries for him. Dave Rossman, freelance / For the Chronicle. So, who is she? June 25, 2019 35 Texas Monthly magazine has a new owner. Both individuals are Houstonians. Dan Duncan, who died in 2010, left the fortune he amassed as the co-founder and chairman of Enterprise Product Partners to his four children, Dannine Avara, Scott Duncan, Milane Frantz and Randa Williams. 1 of 11. Chart Data in Insider Trading History Table. 15 among the countrys wealthiest families is the Butt family, with a net worth of $17.8 billion. 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. On HoustonChronicle.com:Houston billionaire buys Texas Monthly, promising to invest and invigorate National Magazine of Texas, "I have been an avid Texas Monthly reader since I was a teenager," Williams, who will control the magazine through Enterprise Partners Co., said in a statement. The Crude Oil Pipelines & Services segment owns a crude oil pipeline system. Both his first and second wife succumbed to cancer. 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. Theyre not looking at it that way. . Her father, Dan Duncan, was the co-founder of Enterprise Products. Williams is the daughter of the late Dan Duncan, who was formerly the richest man in Houston. Williams joined the family business in 1994 and became president and CEO of Enterprise Products in 2001. I have been an avid Texas Monthly reader since I was a teenager, Williams said in a statement. These 4 Houstonians cash in on Forbes' list of richest American He earned a degree from Massey Business College, then got his start at Wanda Petroleum, a small, independent trucking and underground storage company. 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. Texas Monthly magazine sold to Enterprise Products affiliate led by Like Hobby, whose father served as lieutenant governor of Texas and whose grandfather was governor, Williams, 57, comes from a legendary Texas family. To that end, Texas Monthly recently switched its representation in Hollywood from William Morris Endeavor to Creative Artists Agency. "Major companies wanted to do business with companies with significant assets. She loves Texas Monthly as much as anybody ever did. Hes never overtly pushy; instead, he subtly influences her with kindness and attention. Randa Williams is 61 years old and was born on 08/28/1961. book to class, Oops! 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. Randa Williams - Wikipedia 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. Bachelor of Arts/Science, Rice University; Doctor of Jurisprudence, University of Houston. Like her daddy, she prefers to keep a low profile. PDF REGISTRATION BY POLITICAL PARTY - California Randa Duncan Williams Vice President 1996 - present. 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. In 1995, Duncan waged his own battle with prostate cancer. The companys annual sales are around $28 billion. I . Enterprise Products, which has an estimated 7,000 employees, is currently ranked at. It also is a story full of tragedy. She received . Randa is Duncan's eldest child, at 57. She and her 3 siblings each hold an 8% stake in the family business. The Campaign to Sabotage Texass Public Schools. Current Climate: Big Techs Massive Carbon Footprint, Xavi Speaks On FC Barcelonas Defensive Masterclass Against Real Madrid Ahead Of Valencia Clash, How Scott Boras Used Baseballs No-Shift Rule To Get Pay Raises For Underachieving Clients, Manchester City Ready To Sell Bernardo Silva To FC Barcelona And Name Asking Price - Reports, FC Barcelona And Real Madrid Presidents Met To Discuss European Super League Strategy Before El Clasico - Reports, Xavi And Laporta Clash On Raphinha Summer Sale By FC Barcelona - Reports, Friday, March 3. The Grenadier 4X4 combines British spirit and design with German engineering rigour. Breadcrumb. "The one who seemingly came out of nowhere.". 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. A week later, he became ill with fever and chills. 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. Enterprise Product Partners is a company which stores, processes and transports oil and gas, known as a midstream operator. 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. 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. On his first date with Jan, six months after Billie's death, Duncan spoke of how he loved to be married, how he would still be married if his wife hadn't died. We are also proud ambassadors of the uncompromising Grenadier 4X4. It made for tough times for Duncan, whose business philosophy was all about growing the company. Are insane ticket costs pricing Astros fans out of Opening Day? 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. Duncan family - Forbes She has her bachelor's degree in political science and economics from Rice University and her law degree from the University of Houston. The next summer, he began traveling to visit his father wherever he was working. She inherited $3.1 billion upon the death of her father. Sec Form 4 Dan Duncan needs no reminder. If Alice Walton were a family unto herself, shed rank as the fourth wealthiest clan in the country. 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 person, the 73-year-old Duncan hardly fits the billionaire image. Forbes lists Williams at the 290th richest person in the world, with an estimated net worth of $6.4 billion. 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. News broke Monday that on Randa Duncan Williams has purchased Texas Monthly magazine from Paul Hobby. The current estimated net worth of Enterprise. If you fill out the first name, last name, or agree to terms fields, you will NOT be added to the newsletter list. Photo courtesy of Texas Monthly/Gittings Photography, These 4 Houstonians cash in on Forbes' list of richest American families, United Way 2014-15_Single Promoted Articles, MD Anderson Breast Cancer Promoted Article, Professional Skin Treatments by NuMe Express, CultureMap Houston Holiday Pop-up Shop 2017, Martha Turner Sotheby's International Realty, Discomfort of subject matter in Palm Trees and Power Lines serves to prove its strength. 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. Because she regularly had to check in to a sanatorium and his father was on the road, Duncan and his brother moved in with their grandmother, a nearly blind woman who instructed them in life's lessons the Golden Rule, the value of a day's work. It is a truly uncompromising 4X4 built from the ground up, engineered to overcome all conditions. Jan, whose first marriage failed because her husband didn't want to be married, broke down in tears, moved. In addition, she serves as Chairman of Enterprise Products Company, Chairman & President of the Dan L Duncan Foundation, and Chairman of Texas Monthly, LLC. She was elected as a board director in 2010 and as chairman in 2013. Using a process known as fractionation, Enterprise treats and separates natural gas liquids into individual products such as propane, butane and, especially, ethane. Richard Kinder and 10 other Houston billionaires cash in on Forbes list Photo by Bob Levey/Getty Images for U.S. Fund for UNICEF. TikTok Is Banking On Project Texas to Avoid a U.S. Ban. 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. [8], She lives in Houston with her husband, and they have one child.[7]. That $247 billion sum represents close to half of Walmarts annual revenue and is equivalent to the size of Chiles economy. The NGL Pipelines & Services segment manages a natural gas processing facility and a related gathering system. 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. Seeing the Grenadier 4X4 next to the VLEC was simply spectacular. Named after the rugged off-road vehicle, the Pacific INEOS Grenadier is a 99,000 CBM VLEC (Very Large Ethane Carrier) and is the latest ship to join the INEOS fleet. Margaret Alkek Williams Chairman 2005 - present Board member since 1996 Charles A. Williams President 1996 - present. He was a risk taker - a wildcatter; a stock trader; and an entrepreneur. 9. The breakthrough started in the late '90s. Hobbys group paid $25 million for the magazine in 2016. Jonathan Tucker and Lily McInerny in Palm Trees and Power Lines. People in the industry say he has no ego. Williams will be Texas Monthlys fourth owner since its founding by Mike Levy in 1973. Randa Duncan was born to Barbara Ann and Dan Duncan. Lea and her mom, Sandra (Gretchen Mol), are constantly at odds, with Sandra distracted by her work and her own dating life. Within a year, Enterprise completed the first facility of its now-mammoth complex near the salt domes at Mont Belvieu, 25 miles east of Houston. Outside Spending Groups. At the ceremony, Randa Duncan Williams, Chairman of the general partner of Enterprise Products, formally named the ship and became its official Godmother. Texas Monthly gets new ownership, again - statesman.com Available for both RF and RM licensing. 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. Can College Sports Get More Absurd Than SMU Joining the Pac-12? The Duncan family's net worth comes from pipeline company Enterprise Product Partners, which was founded by Dan Duncanin 1968. Mimi Swartz is a staff writer based in Houston. Rounding out the Texas contingent on the Forbes list are members of Fort Worths Bass family. Genesis Park paid $25 million for the brand in 2016, and Hobby called this new deal an ideal outcome for everyone involved. Randa Duncan Williams - Forbes Since the Baylor gifts and the Forbes. By 1973, it was a $3 million company. 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. Williams is a well-known philanthropist who contributes to numerous Houston-based charities. 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.