Scott Duncan (businessman)
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Scott Duncan (businessman)
Scott Daniel Duncan (born 1983) is an American billionaire heir to the Duncan family fortune (through Enterprise Products, which remains under family control). Early life Scott Duncan was born in 1983, the son of Billie and Dan Duncan, the co-founder of Enterprise Products. Scott's mother died when he was five years old and his father re-married, to Jan Ellis, when Scott was six years old.Houston Business Journal: "Dan Duncan dies at 77" by Casey Wooten
March 29, 2010


Career

Duncan is an investor. He inherited $3.1 billion upon the death of his father along with each of his sisters inheriting the same share. Due to an elimination of the

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Houston Community College
Houston Community College (HCC), also known as Houston Community College System (HCCS) is a public community college system that operates community colleges in Houston, Missouri City, Greater Katy, and Stafford in Texas. It is notable for actively recruiting internationally and for the large number of international students enrolled, over 5,700 in 2015. Its open enrollment policies, which do not require proficiency in English, are backed by a full-time 18-month English proficiency program and remedial courses. As defined by the Texas Legislature, the official service area of HCCS includes the following school districts: *the Houston Independent School District, *the Stafford Municipal School District, *the Spring Branch Independent School District (included in service area by state law, but is not part of the tax base), *the Alief Independent School District, *the Katy Independent School District, *the North Forest Independent School District (now consolidated into Houston ISD), ...
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Dan Duncan
Dan L Duncan (January 2, 1933 – March 29, 2010) was an American born in Center, Texas. He was the co-founder, chairman and majority shareholder of Enterprise Products. Early life and education Duncan was born in 1933 in rural Shelby County, Texas."Champion philanthropist Dan L Duncan remembered"
by Mikaila Adams, ''Oil & Gas Financial Journal'', May 1, 2010
His father was a farmer. His mother died of when he was seven and his brother died of blood poisoning in the same year.
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Randa Williams
Randa Williams (née Duncan, born 1960/1961), is an American billionaire heir to the Duncan family fortune (through Enterprise Products, which remains under family control). She and her 3 siblings each hold an 8% stake in the family business. Biography Randa Duncan was born to Barbara Ann and Dan Duncan. Her father, Dan Duncan, was the co-founder of Enterprise Products.Houston Business Journal: "Dan Duncan dies at 77" by Casey Wooten
March 29, 2010
She has a JD from the and a bachelor's degree from

Milane Frantz
Milane Diane Frantz (née Duncan, born 1970) is a billionaire heir to the Duncan family fortune through Enterprise Products, which remains under family control. Early life Milane Frantz was born in 1970 to Barbara Ann and Dan Duncan. Her father, Dan Duncan, was the co-founder of Enterprise Products.Houston Business Journal: "Dan Duncan dies at 77" by Casey Wooten
March 29, 2010


Career

Frantz is an investor. She inherited $3.1B upon the death of her father. Due to a temporary repeal in the

Dannine Avara
Dannine Avara (née Duncan, born 1964), is a billionaire heir to the Duncan family, through Enterprise Products, an energy pipeline giant which remains under family control. Early life Dannine Avara was born in 1964 to Barbara and Dan Duncan. Barbara was Dan's first wife. Her father, Dan Duncan, was the co-founder of Enterprise Products.Houston Business Journal: "Dan Duncan dies at 77" by Casey Wooten
March 29, 2010


Career

Avara is an investor. She inherited $3.1 billion upon the death of her father. Due to a temporary repeal of the

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Billionaire
A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American business magazine ''Forbes'' produces a global list of known U.S. dollar billionaires every year and updates an Internet version of this list in real time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916. As of 2018, there are over 2,200 U.S. dollar billionaires worldwide, with a combined wealth of over US$ 9.1 trillion, up from in 2017. According to a 2017 Oxfam report, the top eight richest billionaires own as much combined wealth as "half the human race". As of 2021, eight people have reached the status of USD hectobillionaires, meaning that each has had a net worth of at least $100 billion. Current U.S. dollar billionaires According to the ''UBS/PwC Billionaires Report ...
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Enterprise Products
Enterprise Products Partners L.P. () is an American midstream natural gas and crude oil pipeline company with headquarters in Houston, Texas. It acquired GulfTerra in September 2004. The company ranked No. 105 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. Dan Duncan was the majority owner until his death in 2010. History In 2005, Ralph S. Cunningham became CEO of Enterprise Products Partners.Enterprise GP Holdings Names CEO
''Forbes''. Associated Press. July 23, 2007
On July 23, 2007, Cunningham replaced Michael A. Creel as president and CEO of the affiliated LP (). Cunningham had earlier been na ...
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Estate Tax In The United States
The estate tax in the United States is a federal tax on the transfer of the estate of a person who dies. The tax applies to property that is transferred by will or, if the person has no will, according to state laws of intestacy. Other transfers that are subject to the tax can include those made through a trust and the payment of certain life insurance benefits or financial accounts. The estate tax is part of the federal unified gift and estate tax in the United States. The other part of the system, the gift tax, applies to transfers of property during a person's life. In addition to this federal estate tax, many states have enacted similar taxes. These taxes may be termed " inheritance taxes" to the extent the tax is payable by a person who inherits money or property of a person who has died, as opposed to an estate tax, which is a levy on the estate (money and property) of a person who has died. The estate tax is often the subject of political debate, and opponents call it the ...
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Houston
Houston (; ) is the most populous city in Texas, the most populous city in the Southern United States, the fourth-most populous city in the United States, and the sixth-most populous city in North America, with a population of 2,304,580 in 2020. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the seat and largest city of Harris County and the principal city of the Greater Houston metropolitan area, which is the fifth-most populous metropolitan statistical area in the United States and the second-most populous in Texas after Dallas–Fort Worth. Houston is the southeast anchor of the greater megaregion known as the Texas Triangle. Comprising a land area of , Houston is the ninth-most expansive city in the United States (including consolidated city-counties). It is the largest city in the United States by total area whose government is not consolidated with a county, parish, or borough. Though primarily in Harris County, small portions of the ...
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1983 Births
The year 1983 saw both the official beginning of the Internet and the first mobile cellular telephone call. Events January * January 1 – The migration of the ARPANET to TCP/IP is officially completed (this is considered to be the beginning of the true Internet). * January 24 – Twenty-five members of the Red Brigades are sentenced to life imprisonment for the 1978 murder of Italian politician Aldo Moro. * January 25 ** High-ranking Nazi war criminal Klaus Barbie is arrested in Bolivia. ** IRAS is launched from Vandenberg AFB, to conduct the world's first all-sky infrared survey from space. February * February 2 – Giovanni Vigliotto goes on trial on charges of polygamy involving 105 women. * February 3 – Prime Minister of Australia Malcolm Fraser is granted a double dissolution of both houses of parliament, for elections on March 5, 1983. As Fraser is being granted the dissolution, Bill Hayden resigns as leader of the Australian Labor Party, and in the subsequent lea ...
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Businesspeople From Houston
A businessperson, businessman, or businesswoman is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue by using a combination of human, financial, intellectual, and physical capital with a view to fueling economic development and growth. History Prehistoric period: Traders Since a "businessman" can mean anyone in industry or commerce, businesspeople have existed as long as industry and commerce have existed. "Commerce" can simply mean "trade", and trade has existed through all of recorded history. The first businesspeople in human history were traders or merchants. Medieval period: Rise of the merchant class Merchants emerged as a "class" in medieval Italy (compare, for example, the Vaishya, the traditional merchant caste in Indian society). Between 1300 and 1500, modern accounti ...
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American Businesspeople In The Oil Industry
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * Ba ...
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