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Dan L. Duncan founded the fuel and oil company Enterprise Products Partners in 1968 with simply $10,000. After he died in 2010, the company remained underneath household management, and his four kids inherited an almost $10 billion property. Florence Butt based H-E-B grocery retailer in Texas in 1905, which her son Howard expanded all through the state when he took over the corporate in the Twenties. His son Charles is the majority shareholder and currently runs the company, which has over 400 shops in Texas and Mexico and generated over $38 billion in revenue in 2022. Charles’ siblings and two nephews even have stakes within the enterprise.
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His grandchildren — siblings Pat, Jon, and Ronda — every inherited a stake within the firm, which generated over $18 billion in sales in 2022. All three are philanthropists and have donated a minimal of $855 million collectively to varied causes and foundations. As of 2016, they owned 400-plus properties in New York City, and the household at present owns a 17% stake in the World Trade Center developments.
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Leonard donated $1 billion worth of work and sculptures to the Metropolitan Museum of Art. The Johnson household is behind SC Johnson, which produces cleansing merchandise such as Pledge, Glade, and Windex. Johnson, in 1882 and was finally taken over by his son Herbert Fisk Johnson.
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