Full Name Randa Duncan Name Randa Williams Nationality United States Net worth 5.1 billion USD (2015) | Spouse(s) married Parents Dan L. Duncan Children one | |
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Alma mater Rice UniversityUniversity of Houston Residence Houston, Texas, United States Similar People Milane Frantz, Dannine Avara, Dan L Duncan, Michael A Creel | ||
Randa Williams (née Duncan, born 1962), is an American billionaire heir to the Duncan family fortune (through Enterprise Products, which remains under family control).
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Biography
Randa Duncan was born in 1962. Her father, Dan Duncan, was the co-founder of Enterprise Products. Her mother was Lee Ellis.
She has a JD from the University of Houston and a bachelor's degree from Rice University.
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. 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.
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.
In 2013, Williams was elected as Enterprise Production Partners' non-executive chairman.
Personal life
She lives in Houston with her husband, and they have one child.