# Randa Williams

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{{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](/source/Rice_University)<br /> [University of Houston](/source/University_of_Houston)
| occupation         = Businesswoman
| known_for          = Owning 8% of Enterprise Products
| spouse             = Charles Williams
| children           = 1
| parents            = [Dan Duncan](/source/Dan_Duncan)
| website            = 
| family             = [Milane Duncan Frantz](/source/Milane_Frantz) (sister)<br /> [Dannine Duncan Avara](/source/Dannine_Avara) (sister)<br /> [Scott Duncan](/source/Scott_Duncan_(businessman)) (brother)
}}

'''Randa Lynn Williams''' (née '''Duncan''', born 1962) is an American [billionaire](/source/billionaire) heir to the Duncan family fortune (through [Enterprise Products](/source/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](/source/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](/source/University_of_Houston) and a bachelor's degree from [Rice University](/source/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](/source/estate_tax_in_the_United_States) 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](/source/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](/source/Houston_Zoo), was a member of the board of trustees for the [Houston Museum of Natural Science](/source/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](/source/River_Oaks_Baptist_School) and the [Houston A+ Challenge](/source/Houston_A%2B_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

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Adapted from the Wikipedia article [Randa Williams](https://en.wikipedia.org/wiki/Randa_Williams) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Randa_Williams?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.
