Scott Duncan (businessman)

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Scott Duncan
Born
Scott Daniel Duncan

1983 (age 34–35)
ResidenceHouston, Texas, US
NationalityUnited States
Net worthUS$4.1 billion (February 2016)[1]
Spouse(s)married May 6, 2017 (Jennifer Boyer)[citation needed]
Parent(s)Dan Duncan
Jan Ellis
FamilyRanda Duncan Williams (sister)
Milane Duncan Frantz (sister)
Dannine Duncan Avara (sister)

Scott Daniel Duncan (born 1983), is an American billionaire heir to the Duncan family fortune (through Enterprise Products, which remains under family control).

Early life[edit]

Scott Duncan was born in 1983, the son of Dan Duncan, the co-founder of Enterprise Products.[2] His mother is Lee Ellis.

Career[edit]

Duncan is an investor. He inherited $3.1 billion upon the death of his father along with each of his sisters inheriting the same share.[3] Due to an elimination of the estate tax for the year 2010, Duncan became the first American billionaire to pay no estate tax since its enactment.[4] According to 2018 Forbes 400, Scott Duncan is worth $ 6.2 billion and is one of the youngest billionaires in the United States.[5]

Personal life[edit]

He lives in Houston.[1] He married Jennifer Boyer on May 6, 2017.[citation needed]

References[edit]

  1. ^ a b Forbes: The World's Billionaires - Scott Duncan September 2013
  2. ^ Houston Business Journal: "Dan Duncan dies at 77" by Casey Wooten March 29, 2010
  3. ^ Houston Business Journal: "Duncan heirs added to Forbes richest 400 list" by Casey Wooten September 22, 2010
  4. ^ New York Times: "Legacy for One Billionaire: Death, but No Taxes" By DAVID KOCIENIEWSKI June 8, 2010
  5. ^ "Forbes 400 2018". Forbes. Retrieved 2018-10-12.