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. Her father, Dan Duncan, was the co-founder of Enterprise Products.Houston Business Journal: "Dan Duncan dies at 77" by Casey Wooten March 29, 2010
Career Frantz is an investor. She inherited $3.1B upon the death of her father.Houston Business Journal: "Duncan heirs added to Forbes richest 400 list" by Casey Wooten September 22, 2010 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.New York Times: "Legacy for One Billionaire: Death, but No Taxes" By DAVID KOCIENIEWSKI June 8, 2010 Frantz's net worth is $4.3 billion, as of April 2020.
Personal life On July 28, 2001, she married Matthew J. Frantz, the son of Philip and Judy (Erhardt) Frantz. He died on September 4, 2014, aged 45. She lives in Houston, Texas.
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