{{Short description|American heiress (born 1962)}} {{Infobox person | name = Randa Williams | image = | alt = | caption = | birth_name = Randa Lynn Duncan | birth_date = 1962<ref>[https://www.chicagotribune.com/featured/sns-stacker-richest-women-in-america-20210421-hz23lx43dzgi7bxif2yxidlkz4-photogallery.html Profile], chicagotribune.com. Accessed May 24, 2023.</ref> | birth_place = | education = | alma_mater = Rice University<br /> University of Houston | occupation = Businesswoman | known_for = Owning 8% of Enterprise Products | spouse = Charles Williams | children = 1 | parents = Dan Duncan | website = | family = Milane Duncan Frantz (sister)<br /> Dannine Duncan Avara (sister)<br /> Scott Duncan (brother) }}
'''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.<ref name="bizjournals.com">[http://www.bizjournals.com/houston/stories/2010/03/29/daily7.html Houston Business Journal: "Dan Duncan dies at 77" by Casey Wooten] March 29, 2010</ref>
She has a JD from the University of Houston and a bachelor's degree from Rice University.<ref>[https://archive.today/20130727232305/http://investing.businessweek.com/research/stocks/private/person.asp?personId=756208&privcapId=26954612 BusinessWeek: "Executive Profile - Randa Duncan Williams J.D."] retrieved July 27, 2013</ref>
==Career== After school, 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.<ref>[http://www.bizjournals.com/houston/stories/2010/09/20/daily27.html Houston Business Journal: "Duncan heirs added to Forbes richest 400 list" by Casey Wooten] September 22, 2010</ref> 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.<ref>[https://www.nytimes.com/2010/06/09/business/09estate.html?ref=business&_r=0 New York Times: "Legacy for One Billionaire: Death, but No Taxes" By DAVID KOCIENIEWSKI] June 8, 2010</ref>
In 2019, she purchased ''Texas Monthly''.<ref>{{cite news |last1=Dawson |first1=Peter |title=10 things to know about Randa Duncan Williams, the Houston billionaire who just bought Texas Monthly |url=https://www.houstonchronicle.com/news/houston-texas/houston/article/Randa-Duncan-Williams-Texas-Monthly-Houston-14045836.php |access-date= April 23, 2020 |publisher=Houston Chronicle |date=June 25, 2019}}</ref><ref>{{cite news |title=Texas Monthly gets new ownership, again |url=https://www.statesman.com/news/20190625/texas-monthly-gets-new-ownership-again |access-date=April 23, 2020 |publisher=Austin American Statesman |date=June 25, 2019}}</ref>
==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.<ref name=ForbesBillionaires>[https://www.forbes.com/profile/randa-williams/ Forbes: The World's Billionaires - Randa Williams] September 2013</ref>
In 2013, Williams was elected as Enterprise Production Partners' non-executive chairman.<ref>{{Cite web|url=https://www.forbes.com/profile/randa-williams/|title=Randa Williams|website=Forbes|access-date=2016-05-11}}</ref>
==Personal life== She lives in Houston with her husband, and they have one child.<ref name=ForbesBillionaires />
==References== {{reflist}}
{{Portal bar|Texas}}
{{DEFAULTSORT:Williams, Randa}} Category:1962 births Category:Date of birth missing (living people) Category:Businesspeople from Houston Category:Rice University alumni Category:American businesspeople in the oil industry Category:American philanthropists Category:American billionaires Category:Living people Category:Duncan family Category:University of Houston Law Center alumni Category:American female billionaires