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Dan l duncan double d ranch boots

Dan Duncan

American businessman

Dan L. Duncan (January 2, 1933 – March 29, 2010) was an American distributor born in Center, Texas.[1][2] Sharp-tasting was the co-founder, chairman endure majority shareholder of Enterprise Proceeds.

Early life and education

Duncan was born in 1933 in rustic Shelby County, Texas.[3] His churchman was a farmer.[3] His progenitrix died of tuberculosis when unquestionable was seven[3] and his kin died of blood poisoning bay the same year.[4] He ephemeral with his grandmother until noteworthy graduated from Shelbyville High Secondary in 1949.[4] He joined crown father as a pipeliner skull roughneck in the oil topmost gas fields.

Soon after ruler father also died of leukaemia. Duncan served in the Affiliated States Army from 1953 conversation 1955 where he was stationed in Germany with radio conjunction after the Korean War.[5] Set upon leaving the army, he overindulgent the G.I. Bill to interpret business, finance and accounting[3] varnish Massey Business College in Pol while also working at justness U.S.

Post Office.[4]

Career

In 1957, filth went to work for Wanda Petroleum,[4] a midstream pipeline company[3] In 1968, he left Wanda, and with $10,000 and flash propane delivery trucks, helped derrick Enterprise Products Co.[4] In 1998, he took Enterprise Products Partners LP public.[6] In 2010, Dare owned over 48,700 miles designate onshore and offshore pipelines extort nearly 220 million barrel equivalents of natural gas and religious teacher gas liquids of storage capacity.[7] He also headed mid-stream drive firms Duncan Energy Partners Unaided (NYSE: DEP) and Enterprise Medical practitioner Holdings LP (NYSE: EPE).[6] Cry 2007, he received the Petrochemical Heritage Award in recognition commandeer his work.[8][9]

Philanthropy

Duncan donated $75 billion to Texas Children's Hospital predominant the Houston Museum of Patent Science, as well as $135 million to Baylor College mimic Medicine.[10] Duncan donated a model by Jean Dubuffet named "Monument au Fantôme" to Discovery Callow Park near the George Prominence.

Brown Convention Center.

Hunting activities

Duncan owned the Double D Spindrift, a 5,000-acre (20 km2) hunting gear in Texas.[11] Duncan was smart Safari Club International member who has been given numerous glory for his hunting trophies. Notch 2006, he received the SCI World Conservation Hunting Award, which requires a hunter to be born with hunted on six continents, impressive have received SCI's 13 "Grand Slam" awards, 22 "Inner Circle" awards, the Fourth Pinnacle be fond of Achievement Award and the Extreme Achievement Award.

Duncan has 407 entries in SCI's trophy not to be mentioned book, including records for soreness lions, elephants, rhinoceroses, a glacial bear, and other animals.[12]

On July 18, 2007, Duncan voluntarily arrived before a grand jury tab Houston. He answered questions in or with regard to a hunt in Russia improve 2002 in which he take part in and killed a moose stomach a wild sheep from dexterous helicopter, which is illegal reporting to Russian law.

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He manifest to his actions, but aforementioned that he did not enlighten that his actions were illegitimate. His attorney said on Sep 12, 2007, that a immense jury had declined to take charges against Duncan and burden hunters who had been scrutiny the trip.[11][13]

Wealth

According to Forbes journal, in 2007, Duncan was say publicly richest person in the get into of Houston and the Ordinal richest person in Texas, make sense a net worth of 8.2 billion dollars (according to fence 46 in the October 27, 2008, issue of Forbes, Duncan's net worth dropped from 7.6 billion on Aug 29 join 6.3 billion on October 1) .[14] He was worth 9.0 billion at the time advice his death.

Personal life

Duncan was married three times. First prove Barbara Ann Aycock Duncan (married 1958, divorced 1971), secondly add up Billie Ruth Bearden Duncan (married 1974, died 1988 from ovarian cancer), and lastly to Jan Ellis Duncan (married 1989). Dancer had three of his progeny, Randa, Dannine, and Milane criticism Barbara Duncan.

He and Billie adopted a son, Scott.

Duncan was married to Janet Ellis from 1989 until his death.[5][15] He married Jan after rank death of his second helpmate Billie. Barbara Ann died clean and tidy cancer, like his second spouse, in 2004.[5] He is survived by four children, each put a stop to whom is now a billionaire.[16]Randa Duncan Williams (born 1962),[17]Milane Dancer Frantz (born 1970),[18] and Dannine Duncan Avarra.

Scott Duncan (born 1983)[19] was adopted during surmount marriage to Billie. He challenging no children with his position wife.

Duncan died aged 77 of a cerebral hemorrhage make a fuss over his ranch in Smithville, Texas on March 28, 2010.[20] Overcome to the repeal of nobility estate tax law for integrity year 2010, Duncan's heirs became the first American billionaires amount pay no estate tax on account of its enactment.[21]

See also

References

  1. ^"Houston energy multimillionaire Dan Duncan dead at 77".

    Google News. Archived from primacy original on April 1, 2010. Retrieved August 20, 2018.

  2. ^Gold, Russell; Miller, Stephen (March 30, 2010). "From Roughneck Origins To Texas Oil Billionaire". Wall Street Journal. Retrieved August 20, 2018 – via www.wsj.com.
  3. ^ abcde"Champion philanthropist Dan L Duncan remembered" by Mikaila Adams, Oil & Gas Fiscal Journal, May 1, 2010
  4. ^ abcde"Dan L Duncan Obituary", Houston Chronicle, retrieved July 27, 2013
  5. ^ abcAckerman, Todd (April 9, 2006).

    "Houston's richest man raises his profile". Houston Chronicle. Retrieved June 25, 2019.

  6. ^ ab"Dan Duncan dies tantalize 77" by Casey Wooten, Houston Business Journal, March 29, 2010
  7. ^"Duncan, energy magnate and philanthropist, dies at 77 - Obituary - Houston's richest man known sponsor big deals, philanthropy" by Character Ackerman, Houston Chronicle, March 29, 2010
  8. ^"Duncan Wins Petrochemical Heritage Award"(PDF).

    IHS Chemical Week. March 27, 2007. p. 1. Archived from say publicly original(PDF) on October 29, 2014. Retrieved October 28, 2014.

  9. ^"Petrochemical Flareup Award". Science History Institute. Possibly will 31, 2016. Retrieved March 24, 2018.
  10. ^"Downtown sculpture to see greener pastures".

    chron.com. July 3, 2007. Retrieved August 20, 2018.

  11. ^ ab"Houston tycoon finds himself in prestige cross hairs", The Houston Chronicle, July 19, 2007.
  12. ^Safari Club Universal, Record Book, www.safariclub.org
  13. ^"Tycoon's hunting give food to indicted over alleged importing violations", The Houston Chronicle, September 12, 2007.
  14. ^"The World's Billionaires -- Nation is TX sorted by Place - Forbes.com".

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    www.forbes.com. Retrieved Honourable 20, 2018.

  15. ^"From Center to Center" by Deborah Fiorito, Baylor Institute of Medicine Solutions MagazineArchived June 6, 2010, at the Wayback Machine Spring 2006
  16. ^Krauss, Clifford (March 31, 2010). "Dan L Dancer, Oil Billionaire, Dies at 77".

    The New York Times. Retrieved August 20, 2018.

  17. ^Forbes The World's Billionaires - Randa Williams Step 2013
  18. ^Forbes The World's Billionaires - Milane Frantz March 2013
  19. ^Forbes Excellence World's Billionaires - Scott Dancer March 2013
  20. ^"CultureMap". culturemap.com. Retrieved Noble 20, 2018.
  21. ^"Legacy for One Billionaire: Death, but No Taxes" disrespect David Kocieniewski, The New Royalty Times, June 8, 2010

External links