Scott Duncan

Scott Duncan Biography

Scott Duncan, is a billionaire heir to the Duncan family fortune (through the Enterprise Products, which remains under family control).

Biography

Duncan is the only son of Lee Ellis and Dan Duncan who co-founded Enterprise Products Partners LP and then took it public in 1998. In 2010, Enterprise consisted of over 48,700 miles of onshore and offshore pipelines and nearly 220 million barrel equivalents of natural gas and natural gas liquids of storage capacity. He also headed mid-stream energy firms Duncan Energy Partners LP (NYSE: DEP) and Enterprise GP Holdings LP (NYSE: EPE). His father died aged 77 of a cerebral hemorrhage at his River Oaks, Houston home on March 28, 2010. He inherited $3.1B upon the death of her father. Due to a temporary loophole in the estate tax law for the year 2010, Duncan became the first American billionaire to pay no estate tax since its enactment. As of March 2013, his net worth is $5.1 billion. He lives in Houston.

This webpage uses material from the Wikipedia article "Scott_Duncan_%28businessman%29" and is licensed under the GNU Free Documentation License. Reality TV World is not responsible for any errors or omissions the Wikipedia article may contain.

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