- Dan Duncan
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Dan L Duncan (January 2, 1933 – March 28, 2010) was an American born in Center, Texas.[1][2] He was the co-founder, chairman and majority shareholder of Enterprise Products.
Contents
Philanthropy
Duncan donated $75 million to Texas Children's Hospital and the Houston Museum of Natural Science, as well as $135 million to Baylor College of Medicine.[3] Duncan donated a sculpture by Jean Dubuffet named "Monument au Fantóme", which was at first situated in front of 1100 Louisiana Street, an office building in Downtown Houston. It now resides in Discovery Green Park near the George R. Brown Convention Center.
Hunting
Duncan owned the Double D Ranch, a 5,000-acre (20 km2) hunting property in Texas.[4] Duncan was a Safari Club International member who has been given numerous awards for his hunting trophies. In 2006, he received the SCI World Conservation Hunting Award, which requires a hunter to have hunted on six continents, and have received SCI's 13 "Grand Slam" awards, 22 "Inner Circle" awards, the Fourth Pinnacle of Achievement Award and the Crowning Achievement Award.
Duncan has 407 entries in SCI's trophy record book, including records for killing lions, elephants, leopards, rhinoceroses, a polar bear, and other animals.[5]
Russian hunting trip
On July 18, 2007, Duncan voluntarily appeared before a grand jury in Houston. He answered questions regarding a hunt in Russia in 2002 in which he shot and killed a moose and a wild sheep from a helicopter, which is illegal under Russian law. He admitted to his actions, but said that he did not know that his actions were illegal. His attorney said on September 12, 2007 that a grand jury had declined to bring charges against Duncan and other hunters who had been on the trip.[6]
Wealth
According to Forbes magazine, in 2007, Duncan was the richest person in the city of Houston and the 3rd richest person in Texas, with a net worth of 8.2 billion dollars (according to page 46 in the October 27, 2008 issue of Forbes, Duncan's net worth dropped from 7.6 billion on Aug 29th to 6.3 billion on October 1) .[7] He was worth 9.0 billion at the time of his death.
Death
Duncan died aged 77 of a cerebral hemorrhage at his River Oaks, Houston home on March 28, 2010.[8] He is survived by his wife Jan, son Scott Duncan and three daughters: Randa Duncan Williams, Dannine Duncan Avara and Milane Duncan Frantz.[9] Due to an abnormality in the estate tax law for the year 2010, Duncan became the first American billionaire to pay no estate tax since its enactment.
See also
- List of billionaires
References
- ^ Houston energy tycoon Dan Duncan dead at 77
- ^ From Roughneck Origins To Texas Oil Billionaire
- ^ Downtown art landmark donated to new city park
- ^ The Houston Chronicle, "Houston tycoon finds himself in the cross hairs," July 19, 2007.
- ^ Safari Club International, Record Book, www.safariclub.org
- ^ The Houston Chronicle, "Houston tycoon finds himself in the cross hairs," July 19, 2007 and The Houston Chronicle, "Tycoon's hunting guide indicted over alleged importing violations," September 12, 2007.
- ^ The World's Billionaires – Forbes.com
- ^ Billionaire Dan Duncan dies unexpectedly at his home
- ^ Dan L. Duncan, oil billionaire, dies at 77
External links
Categories:- 1933 births
- 2010 deaths
- People from Center, Texas
- People from Houston, Texas
- American billionaires
- American oil industrialists
- American philanthropists
- Cardiovascular disease deaths in Texas
- Deaths from cerebral hemorrhage
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