Milane Frantz – Billionaire

Milane Duncan Frantz’s father Dan Duncan founded Houston-based pipeline giant Enterprise Products Partners. Frantz and her three siblings all inherited a stake in the company after he died in 2010. Enterprise Products Partners, which is publicly traded, owns nearly 49,000 miles of pipelines and the largest oil storage facility on the Gulf Coast. Sister Randa Duncan Williams, the non-executive chairman of the board, is the only sibling involved in the business. Frantz, meanwhile, is a board member of Houston’s Hermann Park Conservancy.

Milane Frantz Net Worth: Milane Frantz is an American heiress who has a net worth of $7 billion. Born in 1970, Milane Frantz is one of the four children of Dan Duncan, once recognized as the richest man in Houston and the third richest man in Texas. Together with her siblings, Dannine Avara, Randa Williams and Scott Duncan, they inherited an enormous fortune from their late father, founder of Enterprise Products. Last year, each of their fortune increased when the company’s shares elevated by almost 24%.Today, the company is an energy pipeline empire with over 50,000 miles of natural oil, gas and petrochemical pipelines, what makes it one of the most successful pipeline companies. Moreover, Frantz is a member of the board of Hermann Park Conservancy in Houston and the Baylor College of Medicine Board of Trustees.