She joined the company in 1994 and took on the roles of president and CEO in 2001. I remember Randa as being very engaged and politically active, Stein said. On HoustonChronicle.com: Houston billionaire buys Texas Monthly. She practiced law for a few years with the law firm Butler & Binon and Brown, Sims, Wise & White. Seaman Treasurer 1996 - present. Duncan Williams, 57, is the only one of Duncans children actively involved in the family business, where she chairs Enterprises board of directors. This is a carousel. She doesn't flaunt her wealth by driving fancy cars or other conspicuously flashy indulgences. A spiritual woman who'd listen raptly to religious programs on the radio, she became Duncan's greatest influence. FC Barcelona president Joan Laporta and Real Madrid counterpart Florentino Perez took advantage of their teams' Copa del Rey semi-final first leg meeting on Thursday to meet and discuss a strategy for the launch the European Super League (ESL), according to reports. $2.5 billion, according to our most recent tally. Williams is the only one of four siblingsall of whom inherited equal stakes in the companyinvolved in running the family business. Although they werent born into exorbitant wealth, Duncan Williams and her three siblings are tied as the second-wealthiest Houstonians with a net worth of more than $6 billion each, according to Forbes magazine. Current Climate: Big Techs Massive Carbon Footprint, Xavi Speaks On FC Barcelonas Defensive Masterclass Against Real Madrid Ahead Of Valencia Clash, How Scott Boras Used Baseballs No-Shift Rule To Get Pay Raises For Underachieving Clients, Manchester City Ready To Sell Bernardo Silva To FC Barcelona And Name Asking Price - Reports, FC Barcelona And Real Madrid Presidents Met To Discuss European Super League Strategy Before El Clasico - Reports, Xavi And Laporta Clash On Raphinha Summer Sale By FC Barcelona - Reports, Friday, March 3. People consume storytelling more than they ever have, Goodgame said. Support responsible news and fact-based information today! Dan Duncan died of a cerebral hemorrhage at his home in Houston on March 28, 2010. When Duncan was 7, his brother, Joe, fell and cut his hand on a tin can. Biography [ edit] Randa Duncan was born to Barbara Ann and Dan Duncan. Randa Duncan Williams Vice President 1996 - present. If Alice Walton were a family unto herself, shed rank as the fourth wealthiest clan in the country. Insiders at Enterprise Products Partners own 32.6% of the company. EPCO's principal business was to provide employees, management, and administrative services to Duncan's companies, including Enterprise Products LP, Enterprise Products GP, and (until the 2010 Merger) EPE. The Petrochemical & Refined Products Services segment offers propylene fractionation, butane isomerization complex, octane enhancement, and refined products. At No. According to its website, it has a paid circulation of 300,000 and is read monthly by 2.1 million people, or one out of 10 Texas adults. He liberated airlines and trucking and enabled the 1980s-1990s boom. In 2016, Hobby led private equity investors from Genesis Park to buy the magazine for $25 million. The most recent insider tranaction occured on December, 27th when Director Carin Marcy Barth bought 5,000 shares worth more than $119,950.00. Scott B. About Pacific Gas:Pacific Gas(Hong Kong)Holdings Limited is dedicated itself to provide integrated and yet competitive shipping services for a full range of clean energy and its derivatives by products in the international market, with offices located in Hong Kong, Shanghai, Singapore, and Mumbai. Daniel Vaughn is the countrys first barbecue editor, and he has eaten more barbecue than you have. PATRICK . Lea seems disconnected from everyone and everything else around her, so when she meets Tom (Jonathan Tucker), a man twice her age, he offers a respite from the monotony/drudgery of her daily life. The breakthrough started in the late '90s. Midstream operations, so-called because they involve the transportation, processing and storage of oil and gas, aren't as flashy as punching holes in the ground. (Dave Rossman/For the Chronicle). She joined Enterprise in 1994 as vice president. And You Thought Feral Hogs Were Bad. If you fill out the first name, last name, or agree to terms fields, you will NOT be added to the newsletter list. The partnerships assets include more than 50,000 miles of pipelines; over 260 million barrels of storage capacity for NGLs, crude oil, refined products and petrochemicals; and 14 billion cubic feet of natural gas storage capacity. The experience and those of his loved ones made a lasting impression. Investors are already flocking there for a chance at 1,000%+ returns. Reflects change since 5 pm ET of prior trading day. Mimi Swartz is a staff writer based in Houston. According to the company, Texas Monthlys total audience has grown 76 percent since late 2016. Plus, whether stronger penalties slow retail theft, the deal with all the near-misses on airport runways, and more. As part of its greenhouse gas emission reduction strategy, there is widespread goal to move to a more circular economy, in which materials are re-used to their maximum extent. Report Date Eligible Voters2 Registered Voters Percent . Randa Duncan Williams, a Houston billionaire, has purchased the Austin-based magazine. The impending takeover of HISD by the TEA dates back to 2019, when Wheatley High School triggered a state law by failing to meet accountability standards for seven consecutive years. Additionally, she sits on the board of the University of Texas Health Science Center. He not only had become Houston's richest man, he'd stayed one of its least conspicuous. Heres what you need to know. Williams holds a bachelors degree from Rice University and a J.D. Bring on the Shiplap. She's very well read, independent-minded and proud of her Texas heritage.". Theyre not looking at it that way. Fleeing for Your Life? Outside, 20 species of native and exotic game roam the 5,000-acre spread named the Double D. Duncan's passion for hunting dates to boyhood jaunts for small game in East Texas, but it reawakened in his mid-30s, after a trip to New Mexico to hunt Rocky Mountain elk. Palm Trees and Power Lines opens on March 3 in select theaters. Left-handed batters, hurt by the increasingly popular practice of bunching defenders on one side of the field, are exacting their revenge by signing sweet post-shift contracts. Forbes says the stock generates more than $700 million in annual dividend income for the family. And now Randa Duncan Williams is the new owner of the states top magazine, Texas Monthly. Are insane ticket costs pricing Astros fans out of Opening Day? His eldest daughter, Randa Duncan Williams, acknowledges that he wasn't around that much, but she said that wasn't uncommon among her circle of friends. A self-made man, he started with a $250 loan from his dad and left a charitable foundation with initial assets of $178 million. Print ad revenue has declined in the same period. What Genesis Park brought to us was the investment needed to begin to extend our brand beyond print to the platforms where audiences and revenue are growing, Goodgame said. She sits on the board of the University of Texas Health Science Center where a clinic is named after her father at the Children's Learning Institute. The gift dwarfed any previous donation to the Texas Medical Center. 3rd party / other. The USA, Canada and Mexico will follow by the end of this year, with first deliveries in 2023. Duncan was part of an illustrious Houston philanthropic . But What Is It? Are ticket costs pricing Houston Astros fans out of Opening Day? She loves Texas Monthly as much as anybody ever did. "The one who seemingly came out of nowhere.". It provides world class off-road capability and durability to those who depend on a vehicle as a working tool, wherever they are in the world. Russias War On Ukraine: Daily News And Information From Ukraine, Todays Wordle #623 Hint, Clues And Answer For Saturday, March 4th, WWE SmackDown Results: Winners And Grades As Rhodes And Reigns Finally Face Off, The Forbes 400 2022: 10 Richest Newcomers, The Forbes 400 2022: 10 Billionaires Under 40, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Margaret Alkek Williams Chairman 2005 - present Board member since 1996 Charles A. Williams President 1996 - present. Randa Duncan Williams, 59, is the non-executive chairman of Enterprise Products Partners, founded by her father Dan Duncan. 2010 - present. In addition to its name, the ship also carries the Grenadier logo proudly emblazoned on its side. A Federal Judge in Amarillo Could Effectively Ban the Abortion Pill. Tucker is also well-suited for his part, coming off as non-threatening but still persuasive. Two and a half years after the award-winning publication was sold to Genesis Park, the Houston-based private equity firm founded by Paul Hobby, it has been purchased by Texas Monthly, LLC, a newly formed affiliate of Enterprise Products Company (EPCO), a privately held firm also based in Houston. He said he is confident that Williams understands journalistic principles of editorial freedom, and is committed long-term. After school, she practiced law with Butler & Binion and Brown, Sims, Wise & White. But it's easy to give. She was on the trustee boards for the Manned Space Flight Education Foundation, River Oaks Baptist School and the Houston A+ Challenge. Butt, grandson of H-E-B founder Florence Butt, and three relatives sister Mary Butt Crook and two nephews own H-E-B. Find the perfect randa duncan williams stock photo, image, vector, illustration or 360 image. Randa and her siblings Dannine Avara, Milane Franz, and Scott Ducan weren't born into the wealth they now have. Citing the Bible, Jan Duncan said it's important "not to draw attention to oneself, to do good quietly.". The chairman of both Texas Monthly, LLC, and EPCO is Randa Duncan Williams. Learn More on Randa Duncan Williams' trading history. Genesis Park paid $25 million for the brand in 2016, and Hobby called this new deal an ideal outcome for everyone involved. Forbes recently listed Williams as the ninth wealthiest person in Texas. Acknowledging the sudden attention, he said he can't give to all the worthy causes, but does expect to continue giving big donations in the future. At 230 metres it is longer than two American football pitches combined (eight basketball courts). Astros GM Dana Brown sees bright future for top prospect Drew Gilbert, This is how astronauts see Houston, Texas Gulf from space with unaided eyes, Roger Clemens makes surprise appearance at Astros' Spring Training, Texas lawmaker files bill to make menstrual products tax free, Proposed Texas bill would offer 12 weeks of paid family leave, Heres how you can watch 'Daisy Jones and the Six', Texas tornados destroy homes, leave 300,000 without power, Texas Republican wants to ban access to abortion websites. 16 / 25. All Rights Reserved. Jimmy Carters Peanut-and-Egg Taco Made Quite the Impression on San Antonians. Breadcrumb. 2023 Forbes Media LLC. In Palm Trees and Power Lines, Lea (Lily McInerny) is a 17-year-old girl on summer break in Southern California, spending her days lying out in the sun and hanging out with her best friend, Amber (Quinn Frankel), among others. Williams joined the family business in 1994 and became president and CEO of Enterprise Products in 2001. What Randa wants to bring is an acceleration of those investmentsto make the print magazine better than ever and extend that same level of excellence in storytelling across other platforms. Yesteday in Houston, one of the worlds largest ethane carriers came face to face with its namesake, the INEOS Grenadier 4X4, at the ship's official christening ceremony. These Common Units are owned directly by The Randa Duncan Williams 2018 Family Trust (the "RDW Family Trust"), for which Ms. Williams serves as a director of an entity trustee. Named after the rugged off-road vehicle, the Pacific INEOS Grenadier is a 99,000 CBM VLEC (Very Large Ethane Carrier) and is the latest ship to join the INEOS fleet. Dan Duncan founded Enterprise Products Partners in 1968. Enterprise went public in 1998, creating a master limited partnership, and began making monster transactions $7 billion worth in the next six years when some big companies ran into post-Enron financial trouble and needed to dump some midstream assets. The terms of the sale were not . Houston pipeline heirs Dannine Avara, Scott Duncan, Milane Frantz, and Randa Duncan Williams tie for 12th place in Texas and tie for 161st nationally. Theres a party going on deep in the heart of Texas. Enemies are nowhere to be found. You can view The Poynter Institutes most-recent public financial disclosure form 990, Poynter ACES Introductory Certificate in Editing, The new Succession trailer, along with media news and must-read links for your weekend, Is there really a shoplifting epidemic?, Assistant Professor of Business (Accounting) - McMinnville, OR (97128), Editor & Lead Reporter - Newton, MA (02460), Executive Editor - Meriden (CT) Record Journal - Meriden, CT (06450), Associate News Editor - Seattle, WA (98109), Research Policy Reporter, C&EN - Washington, DC (20036), WUNC Podcast Producer & Host - Durham, NC (27701), Senior Copy and Content Editor - 23098 - Washington, DC (20037), Editor-in-Chief of Assembly - Washington, DC (20001), Communications Specialist - Richmond, VA (23294). As new forms of digital media have changed consumer habits and upended the advertising industry, many traditionally print-based publishing businesses have shut their doors, downsized, or consolidated. Its products make an indispensable contribution to society by providing the most sustainable options for a wide range of societal needs. Built in Jiangnan, China and operated by Pacific Gas, the Pacific INEOS Grenadier ismade of approximately 18,000 tonnes of steel and 40,000 metres of piping. On HoustonChronicle.com:Houston billionaire buys Texas Monthly, promising to invest and invigorate National Magazine of Texas, "I have been an avid Texas Monthly reader since I was a teenager," Williams, who will control the magazine through Enterprise Partners Co., said in a statement. One of those people was Williamsthough she had not been one of the early suitors. Bachelor of Arts/Science, Rice University; Doctor of Jurisprudence, University of Houston. Today is another milestone in our continuing relationship and I wish both the ship and the Grenadier 4X4 well.. Need to know more? 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Randa Williams lives in Houston, TX; previous city include La Porte TX. A year and a half later, his worth now at $6 billion, his profile raised by a $100 million gift to Baylor College of Medicine, Duncan remains one of the city's least known heavy hitters. That $247 billion sum represents close to half of Walmarts annual revenue and is equivalent to the size of Chiles economy. For the second time since 2016, Texas Monthly magazine is getting a new owner. Shes very well read, independent-minded and proud of her Texas heritage.. Williams is now in the company of other wealthy citizens who boast legacy media crown jewels in their holdings, including: The sale is the latest in a line of transactions in which a wealthy citizen swoops in to snatch up a venerate and often faltering brand. EPCO, Texas Monthlys new parent company, also owns various commercial real estate and ranching ventures, as well as a substantial stake in Enterprise Products Partners. Peter Dawson is a digital reporter in Houston. Randa Duncan Williams, Chairman of the general partner of Enterprise Products, says: At Enterprise we are delighted to work closely with INEOS. Randa Duncan Williams is an American billionaire and the non-executive chairman of Enterprise Products Partners, the pipeline company co-founded by her late father Dan Duncan in 1968 with just a pair of propane delivery trucks. "He's the anti-stereotype," said Jeff Share, editor of Pipeline & Gas Journal, a trade publication based in Houston. Duncan can sneak up on you. She is worth about $9.1 billion and is married to sports and entertainment titan Stan Kroenke, whos worth an estimated $8.3 billion. Houston pitmaster goes viral after hilarious TV interview, Houston billionaire buys Texas Monthly, promising to invest and invigorate National Magazine of Texas, Willie Nelson's new album is a lovely tribute to a fellow country legend, Two ocelots were photographed crossing a road in rare South Texas sighting, Turner: TEA is giving Houston ISD two optionsclose school or be taken over. After practicing law for several years, she joined Enterprise in 1994, becoming chairwoman in 2013. Randa Duncan Williams is non-executive chairman of Enterprise Products Partners, the pipeline giant her father Dan Duncan (d. 2010) founded in 1968. 1 most stressful city for U.S. workers, To get these special tacos, drive out to the Houston Ship Channel, Principal fired for reading 'I Need a New Butt!' Duncan Williams, who declined to be interviewed, said Tuesday that she will buy Texas Monthly, called the National Magazine of Texas, from a private equity group led by another Houstonian, Paul Hobby, for an undisclosed amount. Enterprise was sailing along in the early 1980s with more than $350 million of assets (including those of the just-purchased Wanda), when interest rates doubled. The history of film is full of both real and fictional cautionary tales, showing how quickly someone can go from leading a relatively normal life to having their world completely turned upside down. Descendants of Sam Walton and brother Bud Walton own about half of Walmarts stock. When he was 3 1/2 , his mother came down with tuberculosis. Astros GM Dana Brown sees bright future for top prospect Drew Gilbert, This is how astronauts see Houston, Texas Gulf from space with unaided eyes, Roger Clemens makes surprise appearance at Astros' Spring Training, Texas lawmaker files bill to make menstrual products tax free, Proposed Texas bill would offer 12 weeks of paid family leave, Heres how you can watch 'Daisy Jones and the Six', Texas tornados destroy homes, leave 300,000 without power, Texas Republican wants to ban access to abortion websites. Enterprise makes money from oil and gas pipelines, exports, and storage terminals, but the bulk of its growth comes through the transportation and processing of natural gas liquids unlocked by the shale drilling revolution. That requires resources. Are ticket costs pricing Houston Astros fans out of Opening Day? This is the way she wants to contribute to Texas, Stein said, by keeping an iconic publication going., New billionaire owner of Texas Monthly prefers background, Timeline: How battle between Houston ISD, TEA has reached the point of a looming takeover. Manchester City are now ready to sell Bernardo Silva to FC Barcelona and have named their asking price for the Portuguese midfielder, according to reports. "People sometimes ask me if I had to do it over again, would I do something different," said Duncan, reflecting on his career during a recent return flight from his ranch. The four children of pipeline mogul Dan Duncan Randa Duncan Williams, Milane Frantz, Dannine Duncan Avara, and Scott Duncan inherited a $10 billion estate from their father when he died in 2010. His boss, after all, had amassed his fortune with few people outside the industry noticing and he liked it that way. Both his first and second wife succumbed to cancer. Like her father, Randa stays out of the spotlight. More than 100 of the trophies at the Double D were bagged by Duncan's wife, Jan, a city girl and relative novice at the sport until the two married in 1989. Texas Monthly is the latest in a series of newsrooms to be scooped up and bolstered by the deep and patient pockets of legacy media-loving billionaires. Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast, Click here for the name of the one ticker you need. Stock photos, 360 images, vectors and videos For the second time in less than three years, Texas Monthly has a new owner. Palm Trees and Power Lines is not an easy film to watch, and it often goes in directions that viewers may not want to believe. Randa Duncan Williams's Enterprise Products Partners shares are currently valued at $24.98B.If you're new to stock investing, . Duncan Williams is a member of the board of trustees of the Houston Zoo and the Houston Museum of Natural Science. Alice Walton isnt the only Texan whos a member of the Walton dynasty. Duncan had four adult children, each of whom is also a billionaire. A Right-wing Cabal Took Over Odessas Municipal Government. He was a low profile billionaire in a profitable but unsexy business. Born with a hearing defect in both ears, he speaks very softly, with a clipped Southern accent and difficulty pronouncing his r's and l's. Written and directed by Jamie Deck, with help from co-writer Audrey Findlay, the film is profoundly difficult to watch, as viewers are witness to a slow-motion train wreck that they are powerless to stop. This weeks Current Climate, which every Saturday brings you the latest news about the business of sustainability. To keep in shape for the hunts, Duncan would walk up and down the stairs at work, as many as 200 flights a day. Williams will be Texas Monthlys fourth owner since its founding by Mike Levy in 1973. A major philanthropist like her father, she has focused much of her giving on medicine, education, the arts and cultural institutions, such as the Houston Zoo and the Houston Museum of Natural Science. The NGL Pipelines & Services segment manages a natural gas processing facility and a related gathering system. Levy sold the. In a business environment where journalists at many publications have become accustomed to hearing that theyll have to produce more content across more platforms with fewer resources, its great news, Goodgame said, that Williams aims to build on the work of Genesis Park and boost long-term investments in Texas Monthlys editorial staff, subscription marketing, and other key areas. 14. The four children of pipeline mogul Dan Duncan - Randa Duncan Williams, Milane Frantz, Dannine Duncan Avara, and Scott Duncan - inherited a $10 billion estate from their father when he died in . Paul Klotman, M.D. Randa is Duncan's eldest child, at 57. My signaling was always, Lets complete the process of change first. Early this year, he said, the company retained Goldman Sachs to assist in a potential sale and identified multiple potential bidders who could be good stewards of the brand for the long term. That mindset has continued as a philanthropist, he said. Mr John Lu, President of Pacific Gas said:We are delighted to deliver the Pacific INEOS Grenadier, the second of the largest VLECs in the world, as we extend INEOS ground-breaking ethane trading business. I . Like her daddy, she prefers to keep a low profile. Williams earned a Bachelor's Degree from Rice University. Houston investor Randa Duncan Williams pledges to protect the magazines legacy and boost investments in its long-term growth. . Randa and her siblings are among the first American billionaires to pay no estate tax on their inheritance due to a temporary repeal in the estate tax law in 2010, the year Dan Duncan died. Read him on our breaking news site, Chron.com, and on our subscriber site, houstonchronicle.com. Randa Duncan Williams, heiress of an oil and gas fortune and a native Texan, chairs the holding company that announced today its purchase of "The National Magazine of Texas." It was. The Director DefendantRanda Duncan Williams, O.S . The four siblings are tied for the second wealthiest people in Houston. I knew about her passion for the brand, Hobby said, and it was a logical conclusion that she would be interested., From that point on, the sale process involved a rigorous review of the business by Williamss team, Brown said. Chart Data in Insider Trading History Table. My family is delighted to provide the resources to support this iconic Texas institution, which is nationally recognized for its editorial flair. A Texas history buff owning a magazine about Texas seems like a natural fit. Enterprise Products Partners LP operates as holding company, which engages in the production and trade of natural gas and petrochemicals. Willie Nelson pays lovely tribute to another country legend, Rare photos show 2 ocelots crossing South Texas road, Mayor: HISD has two optionsclose school or be taken over. Texas Monthly has won 13 National Magazine Awards, and editors have included William Broyles Jr., later a successful screenwriter, and Evan Smith, co-founder of The Texas Tribune. On the road frequently in the early years, he still puts in 70- to 100-hour weeks when putting together a deal and admits his life's only regret is not spending more time with his four children. Her father, Dan Duncan, was the co-founder of Enterprise Products. Because she regularly had to check in to a sanatorium and his father was on the road, Duncan and his brother moved in with their grandmother, a nearly blind woman who instructed them in life's lessons the Golden Rule, the value of a day's work. It made for tough times for Duncan, whose business philosophy was all about growing the company. Duncan was the first overall pick in the 1959 NFL Draft by the Green . Hobby said that he first received interest from potential buyers of Texas Monthly shortly after Genesis Park purchased the magazine. After Wanda was sold in 1968, Duncan decided to go out on his own. We are also proud ambassadors of the uncompromising Grenadier 4X4. The handoff of ownership becomes official June 30. Its rattlesnake season in Texas. But leaders at Texas Monthly said their most recent ownership set them up for success and made the purchase attractive for Williams. Williams joined Enterprise Products in 1994 and remains the non-executive chairman of the board. While the privately held magazine doesnt publicly discuss its finances, Goodgame said the last few quarters were spent taking this great storytelling brand and extending it from print, which is still very important to us but we want to take that same storytelling out to the newer platforms where audience is growing, and where revenue is growing, and where Texans want to get their storytelling these days.. Astros GM Dana Brown has more praise team's top prospect, This is what Houston looks like from space, MLB legend makes surprise appearance at Astros' Spring Training, Meet the Astros prospect tearing up Spring Training, Report: Houston ranked No. Seeing the Grenadier 4X4 next to the VLEC was simply spectacular. She's an attorney, a serious Texas history buff, a mother, a billionaire heiress, and the chairwoman of Enterprise Product Partners. The children Dannine Avara, Scott Duncan, Milane Frantz, and Randa Williams inherited a tax-free $10 billion share of their father's estate following his death in 2010, when the so . Enterprise Products Partners' insider roster includes Graham Bacon (COO), Carin Barth (Director), Richard Boss (EVP of Accounting), W. Fowler (Co-CEO), John Rutherford (Director), AJ Teague (CEO), and Randa Williams (Director). Members of St. Theresa Catholic Church in Memorial Park, the couple say they're shy, more comfortable working behind the scenes than in the limelight. FC Barcelona head coach Xavi Hernandez has spoken more on his team's 'sensational' defensive performance against Real Madrid in the Copa del Rey semi-final first leg ahead of his team's clash with Valencia in La Liga on Sunday. This chart shows Randa Duncan Williams's buying and selling at Enterprise Products Partners by year and by quarter. Randa Duncan Williams, a Houston billionaire and philanthropist. Both Brown and Goodgame emphasized that Texas Monthlys long tradition of deep reporting and longform storytelling will remain a core editorial focus. We will maintain the highest standards as operators of this innovative vessel wherever we are in the world.. While all of the Waltons dont live in the Lone Star State, members of four of the countrys other wealthiest families do. >>> Scroll through to see which other Houstonians made the list. Did Enterprise dispute the amount? A week later, he became ill with fever and chills. It is a truly uncompromising 4X4 built from the ground up, engineered to overcome all conditions. Their net worth: $247 billion. Her role is complex, but the novice actor handles everything thats asked of her extremely well. Both individuals are Houstonians. Randa Duncan Williams, heiress of an oil and gas fortune and a native Texan, chairs the holding company that announced today its purchase of The National Magazine of Texas. It was previously owned by Genesis Park, a private equity firm also in Houston. She spent two decades in, Based in the Texas capital of Austin, Texas Monthly began publishing in 1973 under the leadership of Mike Levy, who sold it in 1998 to Indianapolis-based Ennis Communications.