10. Duncan family
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Duncan family inherited their wealth mainly from Dan Duncan, founder of the Enterprise Products. The company is one of the biggest natural gas and crude oil pipeline companies of the world. The company also acquired GulfTerra in 2004 and Enterprise GP Holdings in 2010, and became a member of Fortune 500. Dan Duncan was the richest person in the city of Houston and the 3rd richest person in Texas in 2007, according to Forbes magazine. He left nearly 10 billion dollar property after his death for his four children, Randa Duncan Williams, Milane Frantz, Dannine Duncan Avara and Scott Duncan. Scott Duncan is also the youngest billionaire of America. The four members of the family collectively have $25.4 billion of fortune.
Recently, Forbes has prepared the first comprehensive positional ranking of the wealthiest families in America for 185 dynasties with fortunes of at least $1 billion. Starting from Jack Daniel’s, Getty Oil, Budweiser, to the L.L. Bean or Hallmark, all these big brands are the brainchildren of richest families. Those 185 which have their positions in the list, collectively have $1.2 trillion of fortune.
–WonderList
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