Houston Billionaire Dan Duncan Dead at 77: A Rags to Riches Story

Filed in Gather Celeb News Channel by on March 29, 2010 0 Comments

It’s not surprising that Dan Duncan, dead on Sunday in his Houston home at 77, cited the following motto from his grandmother when he was listed as 74 on the Forbes.com magazine World’s Richest People List in 2010: “Do the best you can every day.”  

The man who passed away a billionaire and co-owner of Enterprise Products Partners LP had humble beginnings. He grew up in a poor family in Center, Tex. and was raised by his grandmother from age 7 after his mother and only sibling died, according to Forbes.com.

When he cofounded Enterprise Products in 1968 he had two trucks to make deliveries. Today the company has more than 48,000 miles of oil and gas pipelines. Enterprise Product Partners became a public company in July 1998.

In his past-time, one of Duncan’s passions was hunting. He owned the Double D Ranch, a hunting facility in Texas sitting on 5,000-acres of land, according to Wikipedia. He belonged to the Safari Club International and received many awards for his hunting trophies, some of which decorated the walls of his Texas ranch.

He was also a philanthropist and donated $270 million to medical research and education in the past 5 years.

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