Randa Williams

Randa Williams
Born Randa Duncan
1962 (age 55–56)
Residence Houston, Texas, US
Nationality American
Alma mater Rice University
University of Houston
Net worth US$ 5.6 billion (April 2017)[1]
Spouse(s) married
Children 1
Parent(s) Dan Duncan (father)
Family Milane Duncan Frantz (sister)
Dannine Duncan Avara (sister)
Scott Duncan (brother)

Randa Williams (née Duncan, born 1962), is an American billionaire heir to the Duncan family fortune (through Enterprise Products, which remains under family control).

Biography

Randa Duncan was born in 1962. Her father, Dan Duncan, was the co-founder of Enterprise Products.[2]

She has a JD from the University of Houston and a bachelor's degree from Rice University.[3]

Career

After school, she practiced law with Butler & Binion and Brown, Sims, Wise & White. Williams served as the president and chief executive officer (CEO) of Enterprise Products and vice president at Enterprise Products from 1994 to February 2001.

She inherited $3.1 billion upon the death of her father.[4] Due to a temporary repeal in the estate tax law for the year 2010, Duncan became the first American billionaire to pay no estate tax since its enactment.[5]

Philanthropy

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 was on the trustee boards for the Manned Space Flight Education Foundation, River Oaks Baptist School and the Houston A+ Challenge.[6]

In 2013, Williams was elected as Enterprise Production Partners' non-executive chairman.[7]

Personal life

She lives in Houston with her husband, and they have one child.[6]

References

  1. ↑ "Randa Williams". Forbes. Forbes. Retrieved 25 April 2017.
  2. ↑ Houston Business Journal: "Dan Duncan dies at 77" by Casey Wooten March 29, 2010
  3. ↑ BusinessWeek: "Executive Profile - Randa Duncan Williams J.D." retrieved July 27, 2013
  4. ↑ Houston Business Journal: "Duncan heirs added to Forbes richest 400 list" by Casey Wooten September 22, 2010
  5. ↑ New York Times: "Legacy for One Billionaire: Death, but No Taxes" By DAVID KOCIENIEWSKI June 8, 2010
  6. 1 2 Forbes: The World's Billionaires - Randa Williams September 2013
  7. ↑ "Randa Williams". Forbes. Retrieved 2016-05-11.
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