Sold! Randa Duncan Williams buys Texas Monthly, the latest - Poynter INEOS businesses have put in place the plans and actions needed to ensure that they lead the transition to a net zero economy by no later than 2050, whilst remaining profitable, and staying ahead of evolving regulations and legislation. Williams is the only one of four siblings involved in running the family business; all four inherited equal stakes in the company. But it's easy to give. In its 2020 budget year, Walmart racked up revenue of $524 billion and the company continues to rack up riches for heirs of the retail giants founders. According to its website, it has a paid circulation of 300,000 and is read monthly by 2.1 million people, or one out of 10 Texas adults. And she intends to provide them., She wants to own it forever, added Brown. 14. Albert & Margaret Alkek Foundation - Board and Staff Use Next and Previous buttons to navigate, RANDA WILLIAMS - Portraits of each individual honoree to accompany her profile (head and shoulder). For the second time in less than three years, Texas Monthly has a new owner. Williams joined Enterprise Products in 1994 and remains the non-executive chairman of the board. Are ticket costs pricing Houston Astros fans out of Opening Day? After Wanda was sold in 1968, Duncan decided to go out on his own. 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. 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. We know that Randa's political affiliation is unknown . Randa also answers to Randa Duncan Wil, Randa D Williams, Randa L Duncan-williams, Randa Duncanwilliams and Randa Duncanwil, and perhaps a couple of other names. Duncan Williams, 57, is the only one of Duncans children actively involved in the family business, where she chairs Enterprises board of directors. 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. We report on vital issues from politics to education and are the indispensable authority on the Texas scene, covering everything from music to cultural events with insightful recommendations. This is a carousel. Both his first and second wife succumbed to cancer. Get the Poynter newsletter that's right for you. The Crude Oil Pipelines & Services segment owns a crude oil pipeline system. [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. He thought that such a new business niche could make him a profitable living. She is a major philanthropist who focuses on medicine, education, the arts, and cultural institutions. Duncan was part of an illustrious Houston philanthropic . As part of its greenhouse gas emission reduction strategy, there is widespread goal to move to a more circular economy, in which materials are re-used to their maximum extent. Willie Nelson pays lovely tribute to another country legend, Rare photos show 2 ocelots crossing South Texas road, Mayor: HISD has two optionsclose school or be taken over. Richard Kinder and 10 other Houston billionaires cash in on Forbes list Randa Duncan Williams - Bloomberg He was a risk taker - a wildcatter; a stock trader; and an entrepreneur. To keep in shape for the hunts, Duncan would walk up and down the stairs at work, as many as 200 flights a day. [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. She previously served on the board of directors of Encore Bancshares. She is the Chairwoman of Enterprise's board of directors. 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. Details of the transaction werent made public. The INEOS ethane fleet now consists of twelve vessels including four VLECs, and eight Dragon ships. Inside the Bro-tastic Party Mansions Upending a Historic Austin Community. Business & Economy; 25 richest families in America . The experience and those of his loved ones made a lasting impression. Patricia Sharpe writes a regular restaurant column, Pats Pick, for Texas Monthly. 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,. Houston looks for new generation of top givers - Chron 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. 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. A newspaper article once dubbed her father the invisible billionaire. Duncan Williams prefers the background as well. 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. Headquarters: 38 Hans Crescent, Knightsbridge, London, SW1X 0LZ, UK. Texas Monthly should be in good hands under her stewardship, Stein said. Randa Duncan Williams is the daughter of the late Dan Duncan, who was the richest man in Houston when he died in 2010. 1 of 11. This is a carousel. According to the company, Texas Monthlys total audience has grown 76 percent since late 2016. He earned a degree from Massey Business College, then got his start at Wanda Petroleum, a small, independent trucking and underground storage company. 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. Linda Duncan - Wikipedia News broke Monday that on Randa Duncan Williams has purchased Texas Monthly magazine from Paul Hobby. Use our Product finder instead. 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. Enterprise Products Partners LP operates as holding company, which engages in the production and trade of natural gas and petrochemicals. Enterprise Products Partners' insider roster includes Graham Bacon (COO), Carin Barth (Director), Richard Boss (EVP of Accounting), W. Fowler (Co-CEO), John Rutherford (Director), AJ Teague (CEO), and Randa Williams (Director). Enterprise Products Partners LP Stock Ownership - WallStreetZen Political party. Like her father, Randa stays out of the spotlight. Randa Duncan Williams is non-executive chairman of Enterprise Products Partners, the pipeline giant her father Dan Duncan (d. 2010) founded in 1968. Report Date Eligible Voters2 Registered Voters Percent . The handoff of ownership becomes official June 30. (The Duncans come in at No. Grenadiers meet at the Pacific INEOS Grenadier naming ceremony. The way it played out is poetic.. She spent two decades in, 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. "He's the anti-stereotype," said Jeff Share, editor of Pipeline & Gas Journal, a trade publication based in Houston. Randa Duncan Williams is the daughter of the late Dan Duncan, who was the richest man in Houston when he died in 2010. The company was founded by Dan L. Duncan in April 1998 and is headquartered in Houston, TX. 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. I remember Randa as being very engaged and politically active, Stein said. Duncan was the first overall pick in the 1959 NFL Draft by the Green . [4], In 2019, she purchased Texas Monthly'. INEOS is a Registered Trademark, the property of INEOS Capital Limited. If youve been thirsty for a legitimately huge UFC pay-per-view event, one that bridges the gap between casual mixed martial arts fans and the hardcore, there is one on the doc for Saturday night at the T-Mobile Arena in Las Vegas. 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 made for tough times for Duncan, whose business philosophy was all about growing the company. She doesn't flaunt her wealth by driving fancy cars or other conspicuously flashy indulgences. The Campaign to Sabotage Texass Public Schools. The EIN for the organization is 59-1630423. Since the Baylor gifts and the Forbes listing, Duncan has become the hot new target of the city's fundraisers. Williams, of Houston is the chair of Enterprise Products Partners, a pipeline giant founded by her late father, Dan Duncan, in 1968. . The process of connecting wells to consumers is one of the most unglamorous but profitable corners of the energy industry. If Alice Walton were a family unto herself, shed rank as the fourth wealthiest clan in the country. 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. New Democratic Party. Williams holds a bachelors degree from Rice University and a J.D. He liberated airlines and trucking and enabled the 1980s-1990s boom. Like her daddy, she prefers to keep a low profile. By 1973, it was a $3 million company. He was a low profile billionaire in a profitable but unsexy business. 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. He was only half kidding. "My family is delighted to provide the resources to support this iconic Texas institution, which is nationally recognized for its editorial flair.". 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. But, for some, Williams might not be a household name. About INEOS: INEOS is a global manufacturing company making the raw materials and energy used for everyday 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. 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. 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. 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. 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.. Almost by definition, Enterprise seemed destined to stay under the radar. Ms. Williams is the Chairman of Enterprise Products Holdings LLC. Whats Up With All the Kangaroos on the Loose in Texas? Dan Duncan died of a cerebral hemorrhage at his home in Houston on March 28, 2010. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. One of those people was Williamsthough she had not been one of the early suitors. In 2018, according to the Forbes 400, Williams, along with two of her siblings. Randa Duncan Williams is non-executive chairman of Enterprise Products Partners, the pipeline giant her father Dan Duncan (d. 2010) founded in 1968. The Director DefendantRanda Duncan Williams, O.S . The company makes money from oil and gas pipelines and the transportation and processing of natural gas liquids from fracking. She loves Texas Monthly as much as anybody ever did.
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