Tuesday, November 17, 2009

#30 Dan Duncan $8,000 million

#30 Dan Duncan
$8,000 million

Profits pumping for pipeline prince despite fall in energy prices. Shares of Enterprise Products Partners LP and Enterprise GP flat since last August; stocks pay big dividends. Grew up in poverty in rural Texas; lost mother, brother at age 7. Raised by grandmother: "Do the best you can every day." Cofounded Enterprise Products 1968; met customers' delivery needs with 2 trucks. Today firm presides over more than 36,000 miles of oil and gas pipelines. Agreed to merge EPP with pipeline outfit Teppco Partners in July. Decorates walls of Texas ranch with heads of animals he's killed. Donated $270 million to medical research and education in the past 5 years.

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