Dannine Avara (née Duncan, born 1964), is a billionaire heir to the Duncan family, through

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 th ...

, 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 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, ...

, 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

estate tax An inheritance tax is a tax paid by a person who inherits money or property of a person who has died, whereas an estate tax is a levy on the estate (money and property) of a person who has died. International tax law distinguishes between an es ...

law for the year 2010, Duncan became, along with her siblings, the first American billionaires to pay no estate tax since its enactment.

Personal life

Avara is married and lives in Houston. Avara's net worth is estimated to be $6.2 billion as of 2019.

References

Businesspeople from Houston American billionaires American businesspeople in the oil industry American philanthropists Female billionaires Living people Duncan family 1964 births {{Texas-bio-stub