| Milane Duncan Frantz | |
|---|---|
| Born | Milane Diane Duncan 1970 (age 53–54) |
| Nationality | American |
| Education | University of Houston |
| Spouse |
Matthew J. Frantz
(m. 2001; died 2014) |
| Parents |
|
Milane Diane Frantz (née Duncan, born 1970) is a billionaire heir to the Duncan family fortune through Enterprise Products, which remains under family control.
Early life
Milane Frantz was born in 1970 to Barbara Ann and Dan Duncan. Her father, Dan Duncan, was the co-founder of Enterprise Products.
Career
Frantz is an investor. She inherited $3.1B upon the death of her father. Due to a temporary repeal in the estate tax law for the year 2010, Duncan's children became the first American billionaires to pay no estate tax since its enactment. Frantz's net worth is $4.3 billion, as of April 2020.
Personal life
On July 28, 2001, she married Matthew J. Frantz, the son of Philip and Judy (Erhardt) Frantz. He died on September 4, 2014, aged 45. She lives in Houston, Texas.
References
- Ackerman, Todd (2006-04-09). "Houston's richest man raises his profile". Houston Chronicle. Retrieved 2019-06-25.
- Houston Business Journal: "Dan Duncan dies at 77" by Casey Wooten March 29, 2010
- Houston Business Journal: "Duncan heirs added to Forbes richest 400 list" by Casey Wooten September 22, 2010
- New York Times: "Legacy for One Billionaire: Death, but No Taxes" By DAVID KOCIENIEWSKI June 8, 2010
- ^ "Forbes profile: Milane Frantz". Forbes. Retrieved 28 April 2020.
- ^ "Matthew J. Frantz". Flint Journal. September 28, 2014. Retrieved 28 April 2020.
 | This Texas biographical article is a stub. You can help Misplaced Pages by expanding it. |