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.. | 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. Author John Graves Was a Literary Godfather to Texas Monthly, Red McCombs Turned Old San Antonio on Its Head, Attorney General Ken Paxton Agrees to Apologize and Pay $3.3 Million to Whistleblowers, Running Into Fire: The Legacy of Jeff Blackburn. 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. Prior to joining the company, she practiced law with the firms Butler & Binion and Brown, Sims, Wise & White. Forbes lists Williams at the 290th richest person in the world, with an estimated net worth of $6.4 billion. Linda Francis Duncan (born June 25, 1949) is a Canadian lawyer and politician, and former Member of Parliament for the riding of EdmontonStrathcona in Alberta. For the second time in less than three years, Texas Monthly has a new owner. She also serves on the governance and capital projects committees. 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. Did Enterprise dispute the amount? That mindset has continued as a philanthropist, he said. Despite it all, Duncan built a $15 billion company in an esoteric part of the natural gas industry known as midstream, between exploration and end-use. Prior to that, she served as managing editor of Poynter.org. He was a risk taker - a wildcatter; a stock trader; and an entrepreneur. 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. Find the perfect randa duncan williams stock photo, image, vector, illustration or 360 image. Williams earned herJuris Doctorate from the University of Houston College of Law. PATRICK . Learn More on Enterprise Products Partners' active insiders. A spiritual woman who'd listen raptly to religious programs on the radio, she became Duncan's greatest influence. Forrest Wilder writes about politics and the outdoors. Williamss purchase of Texas Monthly comes at a time of great change in the media industry. Hackett predicts the biggest player is likely to be Randa Duncan Williams, the late oil man's daughter who heads the family foundation. Avara's sister Randa Duncan Williams is the only . 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. The ship is fitted with Type B tanks, a new design for transporting liquified ethane that optimises vessel capacity. Patricia Sharpe writes a regular restaurant column, Pats Pick, for Texas Monthly. The terms of the sale were not . 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. They were very young children when their father famously founded Enterprise Product Partners with $10,000 and a couple of propane trucks. Randa Duncan Williams is the daughter of the late Dan Duncan, who was the richest man in Houston when he died in 2010. Forbes also ranks her as tied for the 290th richest person in the world. Acknowledging the sudden attention, he said he can't give to all the worthy causes, but does expect to continue giving big donations in the future. 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. Randa Duncan Williams, a Houston billionaire, has purchased the Austin-based magazine. Software entrepreneur Robert Brockman ranks 19th in Texas and ties for 229th nationally with a net worth of $4.7 billion. All Rights Reserved. Both Brown and Goodgame emphasized that Texas Monthlys long tradition of deep reporting and longform storytelling will remain a core editorial focus. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. The company makes money from oil and gas pipelines and the transportation and processing of natural gas liquids from fracking. 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. Randa Duncan Williams's Enterprise Products Partners shares are currently valued at $24.98B.If you're new to stock investing, . Williams is the only one of four siblingsall of whom inherited equal stakes in the companyinvolved in running the family business. His eldest daughter, Randa Duncan Williams, acknowledges that he wasn't around that much, but she said that wasn't uncommon among her circle of friends. Learn More on Randa Duncan Williams' contact information. As one of the two largest companies of its kind in the nation, Enterprise boasts more than 32,000 miles of onshore and offshore pipelines and nearly 175 million barrel equivalents of natural gas and natural gas liquids storage capacity. In addition to its name, the ship also carries the Grenadier logo proudly emblazoned on its side. 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. The Crude Oil Pipelines & Services segment owns a crude oil pipeline system. 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). 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. Both Taliaferro and Hobby have repeatedly denied that any such deal took place. She graduated from Rice University with a degree in political science and economics, then earned her law degree from the University of Houston. Margaret Alkek Williams Chairman 2005 - present Board member since 1996 Charles A. Williams President 1996 - present. (Dave Rossman/For the Chronicle). Yesteday in Houston, one of the worlds largest ethane carriers came face to face with its namesake, the INEOS Grenadier 4X4, at the ship's official christening ceremony. 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.. She was elected as a board director in 2010 and as chairman in 2013. Although they werent born into exorbitant wealth, Duncan Williams and her three siblings are tied as the second-wealthiest Houstonians with a net worth of more than $6 billion each, according to Forbes magazine. Weve got somebody who understands that whats required here is patient capital, Goodgame said, someone whos not looking at this as the best risk-adjusted ROI on their next dollar. By the time she discovers the truth about Toms life, it may be too late to go back. 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). 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. Citing the Bible, Jan Duncan said it's important "not to draw attention to oneself, to do good quietly.". A week later, he became ill with fever and chills. 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. Williams earned a Bachelor's Degree from Rice University. The gas and oil company is still under family control. Duncan had four adult children, each of whom is also a billionaire. 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. Neither Duncan nor Hobby disclosed details of the deal announced Tuesday. Todd Ackerman was a veteran reporter who covered medicine for the Houston Chronicle. Mimi Swartz is a staff writer based in Houston. It took Duncan to show them it was in their financial interest to outsource them to an independent company, to get such assets off their books. People consume storytelling more than they ever have, Goodgame said. Forbes estimates shes worth about $68 billion, making her the richest resident of Texas and the richest Walton heir. FC Barcelona head coach Xavi Hernandez has spoken more on his team's 'sensational' defensive performance against Real Madrid in the Copa del Rey semi-final first leg ahead of his team's clash with Valencia in La Liga on Sunday. Randa Duncan Williams, a Houston billionaire and philanthropist. Why Does He Get to Make That Call? Submit a correction suggestion and help us fix it! 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. Learn More on Randa Duncan Williams' trading history. . There, all manner of beasts pose majestically lions, leopards, bears, elephants trophies of a lifetime of big-game hunting on every continent but Antarctica. The amount paid for what is called the National Magazine of Texas wasn't disclosed. The Natural Gas Pipelines & Services segment stores and transports natural gas. But they don't attend many functions on Houston's social circuit. 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. 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. 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. 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. Here, the two are pictured at the TUTS gala at the Hobby Center on April 20, 2012. Randa Williams Duncan enjoys the highest profile among Houston's richest family. Enemies are nowhere to be found. Both individuals are. 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. It is a truly uncompromising 4X4 built from the ground up, engineered to overcome all conditions. Leave them blank to get signed up. Seaman Treasurer 1996 - present. The richest among them are billionaires Ray Lee Hunt and W. Herbert Hunt, both of Dallas. The INEOS ethane fleet now consists of twelve vessels including four VLECs, and eight Dragon ships.
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