Randa Lynn Williams (née Duncan, born 1962) is an American billionaire heir to the Duncan family fortune (through Enterprise Products, which remains under family control). She and her three 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 University of Houston and a bachelor's degree from Rice University. retrieved July 27, 2013
Career After college, she practiced law with Butler & Binion and Brown, Sims, Wise & White. Williams served as the president and chief executive officer (CEO) of Enterprise Products and vice president at Enterprise Products from 1994 to February 2001.
She inherited $3.1 billion upon the death of her father.Houston Business Journal: "Duncan heirs added to Forbes richest 400 list" by Casey Wooten September 22, 2010 Due to a temporary repeal in the estate tax law for the year 2010, Duncan became, along with her siblings, one of the first American billionaires to pay no estate tax since its enactment.New York Times: "Legacy for One Billionaire: Death, but No Taxes" By DAVID KOCIENIEWSKI June 8, 2010
In 2019, she purchased Texas Monthly.
Philanthropy Williams is a member of the board of trustees for the Houston Zoo, was a member of the board of trustees for the Houston Museum of Natural Science since 1995 and its chairman. She was on the trustee boards for the Manned Space Flight Education Foundation, River Oaks Baptist School and the Houston A+ Challenge.Forbes: The World's Billionaires - Randa Williams September 2013
In 2013, Williams was elected as Enterprise Production Partners' non-executive chairman.
Personal life She lives in Houston with her husband, and they have one child.
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