Early Life
Scott Daniel Duncan was born in 1983 in Houston, Texas. He is the son of Dan Duncan, the co-founder of Enterprise Products, and Billie Duncan. Scott is the youngest of four siblings. His father, Dan Duncan, built Enterprise Products Partners from a small business into one of the largest energy infrastructure companies in the world. Scott’s mother died when he was five years old, and his father remarried when Scott was six.
Rise to Success
Scott Duncan inherited a significant stake in Enterprise Products Partners after his father's death in 2010. Upon inheritance, Scott, along with his three sisters, became instant billionaires. The company, founded in 1968, owns natural gas processing plants, oil and gas storage facilities, and over 50,000 miles of oil and gas pipelines. Scott's career began after his father's death, and he has since focused on managing his investments and maintaining privacy. Unlike his sister, Randa Duncan Williams, Scott is not actively involved in the day-to-day operations of Enterprise Products.
Key Business Strategies
Scott Duncan's primary focus is on managing his investments in Enterprise Products Partners. He has also been recognized for his strategic approach to wealth preservation and his commitment to maintaining a low profile. He is involved with the Dan L Duncan Family Foundation, owning assets worth $4,000.
Philanthropy
Scott Duncan, through his family foundation, is involved in giving donations to various medical causes, including Baylor College of Medicine, Texas Medical Hospital, Texas Children's Hospital, Houston Museum of Natural Science, and M.D. Anderson Cancer Centre. The exact amounts of these donations are not readily available in the search results.