Randa Duncan Williams Net Worth, Property, Cars, Family & More

In the world of billionaires, some seek the spotlight, and those prefer to stay out of the public eye. Randa Duncan Williams, a Houston-based heiress with a net worth of $20.3 billion, falls into the latter category.

As one of America’s “hidden billionaires,” Williams has quietly built her fortune through her stake in Enterprise Products Partners LP (EPD) and Energy Transfer LP (ET).

Randa Duncan Williams Net Worth

Randa Duncan Williams Net Worth

Randa Duncan Williams Family Background and Inheritance

  • Randa Duncan Williams is the daughter of the late Dan Duncan, co-founder of Enterprise Products.
  • Dan Duncan was the richest person in Texas at the time of his death in 2010.
  • The Duncan family fortune was divided among four siblings:
    • Dannine Avara
    • Randa Williams
    • Milane Frantz
    • Scott Duncan
  • Each sibling’s initial inheritance was worth $3 billion in 2010.

Enterprise Products Partners LP (EPD)

  • Publicly traded energy pipeline company
  • Over 50,000 miles of gas, natural oil, and petrochemical pipelines
  • Ranked by Fortune as one of the 100 largest companies in America
  • Market cap of $64 billion and annual revenue of more than $50 billion
  • The Duncan family owns 700 million shares of Enterprise Products Partners LP (EPD)
  • The family has collected more than $8 billion in cash distributions since 1998

Randa Duncan Williams’ Stake in Enterprise Products Partners LP (EPD) [Source]

Ticker Company Shares Owned Current Price Current Value
EPD Enterprise Products Partners LP 702,446,491 $28.30 $19,879,235,695
  • Randa Duncan Williams owns about 702,446,491 shares of Enterprise Products Partners LP (EPD) as of March 4, 2021.
  • Her stake in EPD is worth over $19.9 billion.
  • She receives quarterly dividends from her EPD shares, amounting to approximately $300 million per year.

Education and Early Career

  • Bachelor’s degree from Rice University
  • J.D. from the University of Houston
  • Practiced law with Butler & Binion and Brown, Sims, Wise & White
  • Served as President and CEO of Enterprise Products from 1994 to 2001

Philanthropy and Community Involvement

  • Contributor to numerous Houston-based charities, including:
    • Manned Spaceflight Education Foundation
    • Ballet Foundation
  • Board member of the Houston Zoo and Houston Museum of Natural Science

Private Life and Media Presence

  • Declines most press requests
  • Described as one of America’s “hidden billionaires”
  • Purchased Texas Monthly magazine in June 2019


  • Q: How does Randa Duncan Williams’ net worth compare to other notable billionaires?

A: While Randa Duncan Williams’ net worth is substantial, it is lower than some of the world’s most well-known billionaires, such as Jeff Bezos, Elon Musk, and Warren Buffett.

  • Q: What role does the energy industry play in creating and sustaining wealth for individuals like Randa Duncan Williams?

A: The energy sector has been a significant source of wealth for many billionaires, including the Duncan family. The success and growth of companies like Enterprise Products Partners LP have contributed to the creation and sustainability of their fortunes.

  • Q: What is the future outlook for Enterprise Products Partners LP and the Duncan family’s wealth?

A: The future outlook for Enterprise Products Partners LP and the Duncan family’s wealth depends on various factors, including the performance of the energy industry, market conditions, and the company’s ability to adapt to potential challenges and opportunities.

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Randa Duncan Williams’ net worth of $20.3 billion is a testament to her family’s success in the energy industry and her business acumen.

Despite her immense wealth, Williams remains a private individual, focusing on philanthropy and community involvement while avoiding media attention.

As one of America’s “hidden billionaires,” Randa Duncan Williams’ story serves as an example of the power of inheritance, strategic investments, and the potential for wealth creation in the energy sector.

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