Milane Duncan Frantz |
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| Born | Milane Diane Duncan
1970 (age 54–55) |
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| Nationality | American |
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| Education | University of Houston |
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| Spouse |
Matthew J. Frantz
( m. 2001; died 2014) |
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| Parents | |
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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
