Dannine Avara Explained

Dannine Duncan Avara
Birth Name:Dannine Duncan
Nationality:American
Spouse:married
Parents:Dan Duncan
Billie Duncan
Family:Randa Duncan Williams (sister)
Milane Duncan Frantz (sister)
Scott Duncan (brother)

Dannine Avara (née Duncan, born 1964), is a billionaire heir to the Duncan family, through Enterprise Products, an energy pipeline giant which remains under family control.

Early life

Dannine Avara was born in 1964 to Barbara and Dan Duncan. Barbara was Dan's first wife.[1] Her father, Dan Duncan, was the co-founder of Enterprise Products.[2]

Career

Avara is an investor. She inherited $3.1 billion upon the death of her father.[3] Due to a temporary repeal of the estate tax law for the year 2010, Duncan became, along with her siblings, the first American billionaires to pay no estate tax since its enactment.[4]

Personal life

Avara is married and lives in Houston.[5] Avara's net worth is estimated to be $6.2 billion as of 2019.[6]

Notes and References

  1. Web site: Houston's richest man raises his profile. Ackerman. Todd. 2006-04-09. Houston Chronicle. 2019-06-25.
  2. http://www.bizjournals.com/houston/stories/2010/03/29/daily7.html Houston Business Journal: "Dan Duncan dies at 77" by Casey Wooten
  3. http://www.bizjournals.com/houston/stories/2010/09/20/daily27.html Houston Business Journal: "Duncan heirs added to Forbes richest 400 list" by Casey Wooten
  4. https://www.nytimes.com/2010/06/09/business/09estate.html?ref=business&_r=0 New York Times: "Legacy for One Billionaire: Death, but No Taxes" By DAVID KOCIENIEWSKI
  5. Web site: Forbes profile: Dannine Avara . Forbes . 6 March 2021.
  6. News: Dannine Avara. Forbes. 2018-10-12. en.