Randa Williams Net WorthReal Name: Randa Williams
Date of Birth: 1/1/1962
Place of Birth: Houston, Texas
2017 Net Worth: $5.7 Billion
Profession: Ex-CEO of Enterprise Products Company
Randa Williams Biography
Randa Williams was born in 1962 in Houston, Texas, the eldest daughter of Dan Duncan, the co-founder of Enterprise Products Partners, an oil pipeline and natural gas storage giant. Williams attended the University of Houston Law Center. She holds a J.D., along with an undergraduate degree from Rice University. She went to work for the law firm Butler, Binion and Brown, Sims, Wise & White after school. Williams then worked as President and CEO of her family’s business, Enterprise Products Company between the years of 1994 and early 2001.
Williams’s father, Dan Duncan, was once the richest man in Texas. Duncan died unexpectedly of a brain aneurism in 2010. Williams, her 3 sisters and 1 brother, all inherited billions of dollars, tax free, due to a temporary lapse in the estate tax law. Williams and her siblings recently increased their earnings by an additional $1 billion in 2012 when the family business shares climbed by more than 24 percent. William’s father started the business with only two trucks selling door to door, but Enterprise Products Partners now has almost 50,000 miles of pipeline, and millions of barrels of natural gas storage capacity.
Williams no longer practices law but still serves on the board of Enterprise Products Partners, Encore Bancshares, and Encore Bank. She is also an active member of numerous Houston foundations and charities including The Ballet Foundation, the Girl Scouts, the Museum of Natural Science, Manned Spaceflight Education, as well as sitting on the Board of Trustees for the Houston Zoo Inc., where she serves as Vice Chairman of the membership and marketing committee.
Williams still lives in Houston and lives a quiet, private life with her husband and daughter. She has a current net worth of $5.7 billion, which despite the recent drop in oil prices, should continue to increase during the coming years.