Milane Frantz Family
Milane Frantz was born in a Duncan billionaire family on Jan 1’st 1970. she was known as Milane Diane Duncan. Her father, Dan Duncan, was the co-founder of Enterprise ProductsHer mother is Lee Ellis . Fortune was brought down by her father by the enterprise products who was died in the year 2015.
The company sells pipeline which is expected to be more than Fifty Thousand Miles of Gas, Natural Oil and Petrochemical Pipeline. She is very good at investing in new products who makes lot of profits while investing in good deals.This made her one of the powerful women for this generation.
Milane Frantz Parents – Dan Duncan, Jan Ellis
Duncan was born in the year1993, he was grown up in rural area of Shelby County, Texas. During his childhood, Duncan has to live his grandmother due to his family problems. His father was a farmer, his mother died due to tuberculosis and his brother also passed away from blood poisoning in the same year. Duncan was also in the U.S. Army and fought in Korean War and in 1955 he returned back to his homeland. he studied business, finance and accounting at Massey Business College in Houston at the time of working at the U.S. Post Office.
In the year 1957 he started working for Wandra petroleum, which is the midstream pipeline company.in 1968 he left the job from Wandra petroleum. Later he was success full in building enterprise products with the amount of $10000. In the year 2010, Enterprise owned 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.In the year 2007, he was awarded Petrochemical Heritage Award for his exquisite work of performance. He died at the age of 77 in the year 2010.
Milane Frantz Siblings
Milane Frantz has three siblings two sisters and one brother.After the death of his father, all four children inherited with $3.1 Billion.this is tax-free according to estate tax law.
Randa Williams born in the year 1962 went to Houston University Law Center and holds a JD. after finishing her schooling she started to practice law which as she was interested towards it. Williams worked as the President and Chief Executive Officer of Enterprise Products Company and Group Executive Vice President at Enterprise Products Company from 1994 to February 2001.With her husband and one child, she lives in Houston With her husband and she has one child.
Dannine Avara born in 1974 .she is co-founder of Enterprise Product Company. She is married and lives in Huston. As being a Co-founder of the company she played a crucial role in companies growth. her net worth is $5 Billion. She lives with her husband in Huston.
Scott Duncan was the only male child that was born in 1983. He is the smart investor and co-founder of Enterprise Products. He also shares the same amount of inheritance of $3.1 billion along with his sisters. He is a true businessman and understands How to Manage business. this attitude made him Richest among his siblings. Scotts Net worth is $6.3 Billion
Milane Frantz Husband and Children
Milane is married to Matthew J Frantz in 2001, July 28th in Harris County, Texas. After marriage, she is living in Huston. They are not having any children so far.
Milane Frantz Net Worth
Milane Frantz current company Enterprise Product went public and sells pipelines both on-shores and off-shores. Milane Frantz Networth is $5.5 Billion.