Houston energy tycoon Dan Duncan dies at 77; billionaire co-founded natural gas, oil company

Houston energy tycoon Dan Duncan dead at 77

HOUSTON — Billionaire Houston energy tycoon Dan Duncan has died. He was 77.

Enterprise Products Partners LP said Monday in a statement that Duncan died at his Houston home on Sunday.

Duncan was chairman of the company that manages Enterprise Products Partners. The midstream energy giant has more than 48,000 miles of natural gas, petrochemical and crude oil pipelines and 25 natural gas processing plants.

Duncan co-founded Enterprise Products Company in 1968 and took Enterprise Products Partners public in July 1998.

Duncan ranked 74th on Forbes’ latest worldwide list of billionaires with an estimated net worth of $9 billion.