Randa Williams Net Worth, Age, Family & Biography $7.5 B Real Time Net Worth #272 in the world today

Avan Parvadiya — Mon, 15 May 2023 07:24:46 +0000

About Randa Williams

American billionaire Randa Williams is the heir to the Duncan family fortune (through Enterprise Products, which is still managed by the Duncan family). She and her 3 kin hold an 8% stake in the privately-run company. Enterprise Products Partners, a midstream energy company, has Williams as its chairman. The company is based in Houston and has assets worth $68 billion, including more than 50,000 miles of pipelines. Williams and three kin control 33% of the public corporation, which was helped to establish by her dad in 1968.

Randa Duncan Williams and his husband Charles A. Williams

Randa Williams Family

Williams is one of the four children of Enterprise Products Partners founder Dan Duncan and his better half, Jan. After her dad’s demise in 2010, Williams and her two sisters, Milane Duncan Frantz and Dannine Duncan Avara, and sibling Scott Daniel Duncan acquired the family believes that make the kin the biggest shareholding group of the organisation.

Scott Duncan’s Sister Randa Williams

Randa Williams Career

This examination declares the kin split their dad’s portion similarly, in light of his will documented in Harris Province, Texas, probate court on April 14, 2010. In that document, Duncan declares the four individuals to be his descendants and leaves them the organisations that held the vast majority of his shares without specifying how they would be divided.

Of the 702 million units under family control, 93 million units are promised as guaranteed by Duncan family investment vehicles and are excluded from the total assets estimation, as indicated by the 2022 yearly report documented with the Protections and Trade Commission. About 8% of the Duncan family’s holdings, or a quarter, are credited to Williams.

Randa Williams Facts

Williams serves on the Houston Zoo’s board of trustees and previously served as chairman of the Houston Museum of Natural Science’s board of trustees since 1995. She served on the Houston A+ Challenge, River Oaks Baptist School, and Manned Space Flight Education Foundation’s trustee boards. Williams was elected as the non-executive chairman of Enterprise Production Partners in 2013.