Monday, April 7, 2014

DANNINE AVARA NET WORTH

Dannine Avara Net Worth: Dannine Avara is a billionaire heir to the Duncan family fortune who has a net worth of $6.3 billion. Born Dannine Duncan in 1974, she is the daughter of Lee Ellis and Dan Duncan who co-founded Enterprise Products Partners LP, a natural gas and crude oil pipeline company with headquarters in Houston, Texas. It went public in 1998, and by 2010, it included over 48,700 miles of onshore and offshore pipelines, as well as nearly 220 million barrel equivalents of natural gas and natural gas liquids of storage capacity. Also a head of mid-stream energy firms Duncan Energy Partners LP and Enterprise GP Holdings LP, Dan Duncan left his wealth to his four children upon his death on March 28, 2010. Dannine Avara inherited $3.1B and due to a temporary loophole in the estate tax law in 2010 she became the first American billionaire to pay no estate tax since its enactment. Avara, who resides in Houston with her husband, still ranks well on the America's richest list.

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