BillionaireNet
Avara
Dannine Avara
Rank #349
UNITED STATESEnergyPipelines

Dannine Avara

Net Worth
$9.396B
-0.06% (24h)
Dannine Avara, born in 1964, is a prominent figure in the energy sector, known as an heir to the Duncan family fortune, which stems from Enterprise Products Partners. With a current estimated net worth of $9.5 billion, Avara's wealth is primarily derived from her significant stake in the pipeline giant. Her career is marked by her strategic management of her inherited wealth and active involvement in philanthropic endeavors. Residing in Houston, Avara continues to be a key shareholder in Enterprise Products Partners, the company founded by her father, Dan Duncan.

The Full Dossier

Early Life

Dannine Avara was born in 1964 to Barbara and Dan Duncan, the founder of Enterprise Products. Growing up in a wealthy family, she had access to the best education and opportunities.

Rise to Success

Dannine Avara inherited a substantial portion of her father's fortune, estimated at $3.1 billion, following his death in 2010. This inheritance placed her among the wealthiest individuals in the United States. She benefited from a temporary repeal of the estate tax law, becoming one of the first American billionaires to pay no estate tax since its enactment.

Key Business Strategies

Avara's primary business strategy involves managing her inherited wealth and investments in Enterprise Products Partners, the energy pipeline company founded by her father. She does not have a traditional career, but instead focuses on capital preservation and philanthropic endeavors.

Philanthropy

Dannine Avara is involved in philanthropic activities, although the specific amounts and initiatives are not readily available in the search results. She is known to be involved with the University of Texas Health Science Center's Children's Learning Institute, which has a clinic named after her father.

Career Timeline

2010

Inheritance

Inherited $3.1 billion upon her father's death.

Philanthropic Impact

EducationUndisclosed

Children's Learning Institute

Involved with the University of Texas Health Science Center's Children's Learning Institute, which has a clinic named after her father.

Wealth Trajectory