Scott Duncan (businessman)
Scott Duncan | |
|---|---|
| Born | Scott Daniel Duncan 1983 (age 40–41) |
| Nationality | American |
| Education | Houston Community College[1] |
| Parent(s) | Dan Duncan Billie Duncan |
| Family | Randa Duncan Williams (sister) Milane Duncan Frantz (sister) Dannine Duncan Avara (sister) |
Scott Daniel Duncan (born 1983) is an American billionaire heir to the Duncan family fortune (through Enterprise Products, which remains under family control).
Early life
[edit]Scott Duncan was born in 1983, the son of Billie and Dan Duncan, the co-founder of Enterprise Products. Scott's mother died when he was five years old and his father re-married, to Jan Ellis, when Scott was six years old.[2][3]
Career
[edit]Duncan is an investor. He inherited $3.1 billion upon the death of his father along with each of his sisters inheriting the same share.[4] Due to an elimination of the estate tax for the year 2010, Duncan became the first American billionaire to pay no estate tax since its enactment.[5] According to 2018 Forbes 400, Duncan is worth $6.2 billion, and is one of the youngest billionaires in the US.[6]
Personal life
[edit]References
[edit]- ^ a b "Forbes profile: Scott Duncan". Forbes. Retrieved 21 March 2020.
- ^ Ackerman, Todd (2006-04-09). "Houston's richest man raises his profile". Houston Chronicle. Retrieved 2019-06-25.
- ^ Houston Business Journal: "Dan Duncan dies at 77" by Casey Wooten March 29, 2010
- ^ Houston Business Journal: "Duncan heirs added to Forbes richest 400 list" by Casey Wooten September 22, 2010
- ^ New York Times: "Legacy for One Billionaire: Death, but No Taxes" By DAVID KOCIENIEWSKI June 8, 2010
- ^ "Forbes 400 2018". Forbes. Retrieved 2018-10-12.
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