Milane Duncan Frantz
Born
Milane Diane Duncan

1970 (age 53–54)
NationalityAmerican
EducationUniversity 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.[1] Her father, Dan Duncan, was the co-founder of Enterprise Products.[2]

Career

Frantz is an investor. She inherited $3.1B upon the death of her father.[3] 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.[4] Frantz's net worth is $4.3 billion, as of April 2020.[5]

Personal life

On July 28, 2001, she married Matthew J. Frantz, the son of Philip and Judy (Erhardt) Frantz.[6] He died on September 4, 2014, aged 45.[6] She lives in Houston, Texas.[5]

References

  1. ↑ Ackerman, Todd (2006-04-09). "Houston's richest man raises his profile". Houston Chronicle. Retrieved 2019-06-25.
  2. ↑ Houston Business Journal: "Dan Duncan dies at 77" by Casey Wooten March 29, 2010
  3. ↑ Houston Business Journal: "Duncan heirs added to Forbes richest 400 list" by Casey Wooten September 22, 2010
  4. ↑ New York Times: "Legacy for One Billionaire: Death, but No Taxes" By DAVID KOCIENIEWSKI June 8, 2010
  5. 1 2 "Forbes profile: Milane Frantz". Forbes. Retrieved 28 April 2020.
  6. 1 2 "Matthew J. Frantz". Flint Journal. September 28, 2014. Retrieved 28 April 2020.


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