Rank #318
Randa Duncan Williams
Net worth $10.4B
Pipelines · United States
- Born
- Aug 28, 1961
- Age
- 64
- Source
- Pipelines
- Residence
- Houston, Texas
- Citizenship
- United States
- Marital status
- Married
- Children
- 1
- Education
- Bachelor of Arts/Science, Rice University; Doctor of Jurisprudence, University of Houston
Net worth over time
Biography
- Randa Duncan Williams is non-executive chairman of Enterprise Products Partners, the pipeline giant her father Dan Duncan (d. 2010) founded in 1968.
- Williams is the only one of four siblings involved in running the family business; all four inherited equal stakes in the company.
- Enterprise Products owns over 50,000 miles of energy pipelines, natural gas processing plants and a large oil storage facility on the Gulf Coast.
- Williams joined the family business in 1994 and became president and CEO of Enterprise Products in 2001.
- She sits on the board of trustees at Rice University, where she got her bachelor's degree in 1985.
- 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.
- 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.
Financial assets
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