Billionaire Profile
Scott Duncan
Global Rank
#350

Image: Public domain | via Wikimedia Commons

Scott Duncan

CEO, Enterprise Products Partners
US
Real-Time Net Worth
$9.3B
As of December 2025
Age
43
Source
Pipelines
Industry
energy
Citizenship
US

Biography

Scott Duncan, born in 1983, is an American billionaire and heir to the Duncan family fortune, primarily through their ownership of Enterprise Products Partners. He is ranked #329 on the 2025 Forbes Billionaires list, with a net worth of $9.3 billion. Scott inherited his wealth after his father, Dan Duncan, co-founder of Enterprise Products Partners, passed away in 2010. Scott has chosen a private life, focusing on investments and philanthropy while avoiding the public spotlight. He is known for his commitment to preserving his family's legacy within the energy industry and his involvement in various charitable initiatives. Duncan holds a degree from Houston Community College and resides in Houston, Texas.

Wealth Over Time

In-Depth Profile

Early Life

Scott Duncan was born in 1983, the son of Dan Duncan and Lee Ellis. His father, Dan Duncan, was the co-founder of Enterprise Products. Scott's mother died when he was five years old, and his father remarried Jan Ellis when Scott was six years old.

Rise to Success

Scott Duncan inherited a stake in Enterprise Products Partners following his father's death in 2010. Dan Duncan, the founder, built Enterprise Products into a leading midstream energy company. Scott and his three siblings each inherited equal stakes in the company. This inheritance, coupled with the company's performance, has steadily increased Scott's net worth.

Key Business Strategies

While not actively involved in the day-to-day operations of Enterprise Products, Scott Duncan's wealth is intrinsically linked to the company's success. Enterprise Products Partners operates in the midstream energy sector, providing services for natural gas, crude oil, and petrochemicals. The company's vast network of pipelines and storage facilities forms a critical part of the energy infrastructure in North America.

Philanthropy

Scott Duncan is involved in giving donations to medical causes. The Duncan family started The Duncan Family Institute for Cancer Prevention and Risk Assessment in 2008 in hopes of discovering cures for cancer & develop new ways to battle/prevent cancer.

Philanthropy & Social Impact

Medical Research

Duncan Family Institute for Cancer Prevention

Undisclosed

Supports cancer research and prevention.