Milane Frantz
American billionaire heir
From Wikipedia, the free encyclopedia
Milane Diane Frantz (née Duncan, born 1970) is a billionaire heir to the Duncan family fortune through Enterprise Products, which remains under family control.
Born
1970 (age 55–56)
Milane Diane Duncan
1970 (age 55–56)
EducationUniversity of Houston
Spouse
Matthew J. Frantz
(m. 2001; died 2014)Parents
- Dan Duncan (father)
- Barbara Ann Duncan (mother)
Milane Duncan Frantz | |
|---|---|
| Born | Milane Diane Duncan 1970 (age 55–56) |
| Education | University of Houston |
| Spouse |
Matthew J. Frantz
(m. 2001; died 2014) |
| Parents |
|
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]