Portrait of Randa Duncan Williams

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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