Portrait of Milane Frantz

Rank #321

Milane Frantz

Net worth $10.3B

Pipelines · United States

Born
Aug 12, 1969
Age
56
Source
Pipelines
Residence
Houston, Texas
Citizenship
United States
Marital status
Married
Children
0
Education
Master of Arts, University of Houston

Net worth over time

Biography

  • Milane Duncan Frantz's father, Dan Duncan, founded Houston-based pipeline giant Enterprise Products Partners in 1968 and took it public in 1998.
  • Frantz and her three siblings inherited a stake in the company after their dad died in 2010; only Randa Duncan Williams is involved in the business.
  • Enterprise Products Partners now owns over 50,000 miles of oil pipelines and the largest oil storage facility on the Gulf Coast.
  • A board member of Houston's Hermann Park Conservancy, Frantz also serves as a director of the Duncan Family Foundation.

Financial assets

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