Sherron Watkins, Enrons former Vice President of Corporate Development. Sat, Mar 4, 2023 10:00 AM PST + 23 more events. 10101 Forest Hill Blvd, Wellington, FL, 33414 . Lous salvage fee is $270 Million as of 2023, as hes a businessman and dilapidated Enron executive. He modified into CEO of Enron Vitality Products and providers. WELLINGTON, FL 33449, PAI LOU L &11164 MARINA BAY RDWELLINGTON, FL 33449, changed from "United States Securities and Exchange Commission v. Lou L. Pai, Civil Action NoH-08-CV-2338", "United States Securities and Exchange Commission v. Lou L. Pai, Civil Action No. To whole the monetary terms of his divorce settlement, Lou cashed out more than $250 million of his Enron company stock, steady months sooner than the corporates stock fee badly collapsed and it filed for monetary catastrophe protection. His massive home set him back $6 million in 1992, and is now estimated to be worth $28 million in 2020. In May 2022 Lou and Melanie paid $8 million for a 21-acre equestrian estate in Wellington, Florida. Pai and Fewell raised and trained dressage horses on Canaan Ranch, located near metropolitan Houston. [2][10] At the time, the price averaged $53.78 per share. [18], Pai joined Enron in 1987, when it was just a regional energy supplier. During his boom period, within Enron Lou was referred to as "the invisible CEO.". This property is classified as Residential (Single Family). Lou Pai is somewhat notorious for being fired and forced to sell the majority of his Enron shares several years before the company imploded. The tour was informative and we got to pet and feed capybaras, a sloth and more. On July 30, 2008, Pai agreed to resolve civil insider trading charges against him with an out-of-court settlement of $31.5 million, including $1.5 million in civil fines and $30 million in restitution, to be deposited into a fund for shareholders harmed by Enron's bankruptcy. Born in Lake Worth. Weston & Indian River 877.463.2010. Lou Lung Pai (Chinese: ; pinyin: Bi Lulng) (born 23 June 1947) is a Chinese-American businessman and former Enron executive. Santa Rosa Beach, Florida (FL), US. I remember reading that other top Enron execs bought huge houses in Florida before the . Innovative technical gear is just around the corner. Pai obtained both his B.S. Dr. Singer's office is located at 10115 Forest Hill Blvd., Wellington, FL. The property is classified as a single family dwelling. Lou stands at an average height. We will update this section when the information is available. src: jhm-cms.imgix.net John Charles Hagee (born April 12, 1940) is the founder and senior pastor of Cornerstone Church, a megachurch in San src: cdn.shopify.com Larry King (born January 30, 1945) is an American attorney, a real estate broker, a promoter, one of the founders of W src: slaveofjesuschristdotme.files.wordpress.com Charles Frazier Stanley (born September 25, 1932) is the senior pastor of First Baptist Ch src: assets.entrepreneur.com Michael G. Rubin (born 1972) is an American businessman. PAI LOU L & 1707 POST OAK BLVD # 484 HOUSTON, TX77056 Adjacent Properties 11154 MARINA BAY RD(East) WIENCZKOWSKI BRYAN & 11174 MARINA BAY RD(West) GOLAB STEPHAN No Address(Northwest) MARINERS COVE NEIGHBORHOOD ASS No Address(Northwest) ISLES AT WELLINGTON COMMUNITY FloridaParcels.com NFL Player Damar Hamlin in Critical Condition after Collapsing on Field, Legendary Designer Vivienne Westwood Dies Aged 81, 10 Female IAS Officers who can inspire us. in economics. Lou worked for the federal government in the 1970s before joining Enron. Wellington Conservation Center. CHRISPIN CARLO S MD The Mediterranean style mansion has 14,000 square feet, with two stories, six bedrooms, seven bathrooms, a swimming pool, spa, tennis court, and marble floors. However, as a result of the lawsuit, Pai lost $ 6 million because he was from Enron's insurance policy for company officers to fund for Enron shareholders. There Lou Pai has been associated with seven companies, according to public records. Buildings > Homes - Celebrity - Sports - Football; Collections. Ans. Upon learning of the problem, Pai's wife who is over 20 years old, Lanna, with whom she has two biological children, filed for divorce. The divorce filing would inadvertently be an extremely lucky turn of events for Lou Pai. However, Pai forfeited $6 million due to him from Enrons insurance policy for company officers to a fund for Enron shareholders as a result of the lawsuit. Louis Jay Miller II. and M.S. Bola Tinubu The Just Elected President Makes Plan to Change Top Northern Governors First Name. Another exciting thing to do while in Wellington is to enjoy a sumptuous brunch; not just any brunch though, but one with horses. The property has three stables with stalls for roughly 40 horses, multiple outdoor jumping areas, five acres of pasture land and two apartments in addition to the main property. Diagnostic & Testing. also known as Lou L Pai Lou Pailou. Information should be independently confirmed and you use the information displayed here at your own risk. [20][26][27] They later moved from Sugar Land, Texas, to Middleburg, Virginia, and opened a second Canaan Ranch there,[28] but as of 2014, it is up for sale. View the profiles of people named Lou Pai. Lou Pai Net Worth Lou has a net worth of $270 million as of 2021. Press question mark to learn the rest of the keyboard shortcuts. Ans. Press J to jump to the feed. He could charge several hundred dollars worth of lunches for himself and accompanying staff to the corporate expense account and use the Enron corporate jet for personal commuting until Chairman Ken Lay later prohibited it. According to his birth date, Lou is 75 years old now. From March 1997 until January 2001, he was CEO of Enron Energy Services and from February 2001 until June 2001, he was CEO of Enron Xcelerator, a venture capital division of Enron. Lou Lung Pai ( Chinese: ; pinyin: Bi Lulng) (born 23 June 1947) is a Chinese-American businessman and former Enron executive. Pai and Fewell married, after the divorce. Pai was the second largest land owner in Colorado after he purchased the 77,500-acre (314km2) Taylor Ranch for US$23million in 1999, though he sold the property in June 2004 for US$60million. Follow the link to read our updated Privacy Policy, Lou Pai, who was a top executive at Enron prior to the companys collapse in the early 2000s, scooped up a Wellington equestrian estate for, Related, BH unveil plans for Icon Aventura. The affair resulted in a pregnancy. Lou left Enron Company with more than $250 million. After the divorce from his first wife was finalized Lou Pai did end up marrying the exotic dancer he impregnated, Melanie Fewell. More recently, Pai and his family have moved to Wellington, Florida. Pai was the second-largest land owner in Colorado after he purchased the 77,500-acre (314km2) Taylor Ranch[6] for $23 million in 1999,[7] though he sold the property in June 2004 for $60 million. Pai and his wife currently operate Canaan Ranch, located near metropolitan Houston, where they lift and train horses in the locker room. The reasons for his resignation from Enron remain shrouded in mystery. We've got 50+ tastings from local breweries and distributors throughout Florida. Pai came to the United States aged two years. Lou Lung Pai modified into born on 23 June 1947, his birthplace is Nanjing, Republic of China. and M.S. Lou Pai is 75 years old and was born on 06/23/1947. Jeff Skillings's major vision for Enron was for the company to transform from a regional energy supplier into a global technology and trading conglomerate. He settled those charges in July 2008, agreed to an out-of-court settlement that reportedly involved a $30 million restitution payment and a $1.5 million fine. In 1976 Lou married his first wife Lanna. Ares bought the two warehouses at 644-646 Park of Commerce Way in Boca Raton from the propertys developer, McCraney Property Company, according to records and real estate database Vizzda. Background. 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Subscribe and get full access to Ground News. Well hold on now, lets also add to the point that you should be rich first. Patricia S. Howard - Apr 11, 2020 Maria E. Mendez - Apr 8, 2020 Phyllis Sokol - Apr 4, 2020 Deborah M. Breindel, 57 - Mar 30, 2020 Muriel Freedman, 90 - Mar 30, 2020 Faye P. Himmelstein, 93 - Mar 19, 2020 . The former Enron executive,blamed for some of the company's biggest flops, sold$270 million worth of Enron stock to raise . Join Facebook to connect with Lou Pai and others you may know. Lou Lung Pai (Chinese: ; pinyin: Bi Lulng) (born 23 June 1947) is a Chinese-American businessman and former Enron executive. Lou Pai {Full name Lou Lung Pai (Chinese: ; pinyin: Bi Lulng)} is a Chinese-American businessman and former Enron executive who was born in 1947, Nanjing, China. During Lous time with Enron, his regular strip club visits began to an affair with stripper Melanie Fewell (who was also married) as well resulted in a pregnancy. Lous sister is Sue Pai Yang, she is the 1st Asian American appointed to be a Fresh Jersey Workers Compensation determine. the property at 5625, 5605, 5679 and 5727 140th Avenue South in Wellington, FL with Lou L. Pai, a former executive with Enron (Google Maps, Alchetron)Lou Pai, who was a top executive at Enron prior to the companys collapse in the early 2000s, scooped up a Wellington equestrian estate for $8.2 million.Pai and his wife, Melanie, bought the property at 5605, 5625, 5679 and 5727 140th Avenue South in Wellington from Shear Holdings Wellington, accor. They have three children. Create an account to follow your favorite communities and start taking part in conversations. He is also a former Enron Corporation (an American energy and services company) executive. Population: 61,637 (2020) [20] Through Element, Pai has invested in pollution emissions credits. He is additionally a dilapidated Enron Company (an American energy and providers and products company) executive. Background Report for Lou L. Pai [2] In 1987 Lou Pai left the SEC to take a job at Enron, which at the time was little-known regional energy supplier. He is also a former Enron Corporation (an American energy and services company), David Dickinson Wife Lorne Lesley, Age, Wiki, Kids, Family & Net Worth, Ray Alvarez brutally attacked outside NYC shop: Manhattan, New York City News, Lauren Simonetti Wiki, Bio, Husband, Age, Family, Net Worth, Boyfriend, Height, Weight & More, Maddy Pomilla Survivor Wiki, Age, Biography, Husband, Children, Family, Siblings, Nationality, Height, Net Worth & More, Travis Ruffin Wiki, Car Accident, Age, Biography, Wife, Children, Family, Siblings, Nationality, Height, Net Worth & More. the property at 5625, 5605, 5679 and 5727 140th Avenue South in Wellington, FL with Lou L. Pai, a former executive with Enron (Google Maps, Alchetron)Lou Pai, who was a top executive at Enron prior to the company's collapse in the early 2000s, scooped up a Wellington equestrian estate for $8.2 million. He was CEO of Enron Energy Services. is paying $31.5 million to settle charges that . What are Dr. Singer's areas of care? A former executive of the energy trading firm, he cashed in an estimated $270 million in stock and left the company before it . I want to know why his divorce settlement specified that he had to have an affair with a stripper. As of 2019, the city had a population of 65,398 according to U.S. Census Bureau estimates, making it t. Lou Lung Pai is a Chinese language-American businessman. Code Violations . Not only hooked up but knocked up which is why his wife divorced him. Lou paimiddleburg, VAReputation Score: 2.50/5Alert: Court Records. He was CEO of Enron Energy Services from March 1997 until January 2001 and CEO of Enron Xcelerator, a venture capital division of Enron, from February 2001 until June 2001. Panther Ridge Conservation Center. [4], His sister is Sue Pai Yang,[17] the first Asian American appointed to be a New Jersey Workers' Compensation judge. Pai joined Enron in 1987, when it was still just a regional energy supplier. TIL: Lou Pai is a former Enron executive who cashed out $270 million in stock and left the company right before it collapsed, divorced his wife, married an exotic dancer, bought an enormous piece of Colorado, sold it and then disappeared into obscurity. During Enron's career, Skilling placed Pai in charge of several Enron subsidiaries. During Lous time with Enron, his regular strip club visits began to an affair with stripper Melanie Fewell (who was also married) as well resulted in a pregnancy. The Mall at Wellington Green. We welcome all corrections and feedback using the button below. is one building on the property. And love. Lou Pai settled with the SEC over charges of insider trading. He was CEO of Enron Energy Services [5] from March 1997 until January 2001 and CEO of Enron Xcelerator, a venture capital division of Enron, from February 2001 until June 2001. Born in Nanjing, China, he emigrated with his parents to the United States when he was 2. [10][11], Accounts of the Enron scandal have frequently portrayed him as a mysterious figure;[12][13][14] a former Enron employee, interviewed in the 2005 documentary film Enron: The Smartest Guys in the Room, referred to Pai as "the invisible CEO". The chronology of accounts and events leading up to the Enron scandal have frequently portrayed Pai as a mysterious figure. At this time, future-CEO Jeffrey Skilling was working closely with Enron as a consultant for McKinsey. He never served a moment of jail time. Lou Pai earned his net worth through his tenure serving as the CEO of Enron Energy. Pai worked for the federal government in 1970 before joining Enron. in economics. His then-wife of over 20 years, Lanna, with whom he has two biological children, filed for divorce upon learning of the affair. Lou Pai, who was a top executive at Enron prior to the company's collapse in the early 2000s, scooped up a Wellington equestrian estate for $8.2 million. APC Tells Peter Obi, Atiku Abubakar What To Do as INEC has Declared winner. Lou Pai was born in Nanjing, China in 1946 and moved to the United States with his family at the age of two. Lous fundamentally strip membership visits throughout his time with Enron Company resulted in an affair with a stripper named Melanie Fewell (who modified into additionally married), and it resulted in a being pregnant. AboutPressCopyrightContact. Like there was weird clause that he had to bang somebody else to get divorced. Since then, Pai has emerged as a partner at Midstream Capital Partners LLC. But he got to the top of the stock sale list mostly because of the shares he sold in the first half of 2000, after. This is one of the largest settlements in the history of SEC law enforcement programs that deal with individuals for alleged insider trading. To complete the financial terms of his divorce settlement, Lou cashed out more than $250 million of his Enron company stock, just months before the companys stock price badly collapsed and it filed for bankruptcy protection. and M.S. He continues to neither admit nor deny the Securities and Exchange Commission claims that he sold millions of shares of Enron stock based on non-public information about the company's financial problems. Ans. Lou Pai is the real mystery man in the Enron scandal. Lou Pai Wiki:- Lou Pai (Born: 23 June 1947; Age 75 years), who is also known as Lou Lung Pai, is a Chinese-American businessman. 1707 POST OAK BLVD # 484 Pai diriga la unidad de energa minorista de Enron y lleg a la empresa despus de trabajar en ConocoPhillips y DuPont. HOUSTON, TX 77056. in economics. Home to an internationally recognized equestrian community (with a social scene to match), this city in The Palm Beaches offers endless opportunities to play by day and ride off into the sunset at night. Lou Lung Pai A Big Stock Seller, with a Taste for Glitter Lou Lung Pai headed several divisions at Enron, including Enron Energy Services, which sold contracts to provide natural gas and electricity to companies for long periods. For a few years between 1999 and 2004, Lou Pai was the second-largest land owner in Colorado thanks to the 77,500 Taylor Ranch which he purchased for $23 million in 1999. 4.0 Courteous staff. To meet the financial requirements for the settlement of his divorce, Pai cashed about $ 250 million from Enron shares - just months before the company's stock price dramatically collapsed, and it filed for bankruptcy protection. In the year 1987, he joined Enron when it was just a regional energy supplier. Posted by Lou Pai on 2/19/23 at 9:09 am to jbdawgs03. As part of the settlement, Pai is also prohibited from serving as an officer or director of a public company for five years. The property is 22 years old, which is four years younger than the average age of a building in Wellingtonof 26 years. 1. Jupiter Medical Center Inc. 1210 S Old Dixie Hwy, Jupiter, FL, 33458 . Local time: 4:08 PM 2/28/2023. He is Chief Executive Officer of Kynetic, the direct src: c8.alamy.com Lou Lung Pai (Chinese: ??? In 2014 he had to sell the ranch and moved to Wellington, Florida. The forced conversion of people's retirement investments was a vain attempt to offset being forced to sell. Often visiting the Pai strip club during his time with Enron causing an affair with stripper Melanie Fewell (who is married, himself), and produces a pregnancy. [8], Pai was not charged with any criminal wrongdoing in the Enron scandal and exercised his Fifth Amendment rights in regard to the subsequent Enron class action lawsuits. [9] As a result of the lawsuit, Pai forfeited $6 million due to him from Enron's insurance policy for company officers to a fund for Enron shareholders. Outside of Colorado they operate ranches in Texas and Virginia. [23], On July 30, 2008, Pai agreed to resolve civil insider trading charges against him with an out-of-court settlement of $31.5 million, including $1.5 million in civil fines and $30 million in restitution, to be deposited into a fund for shareholders harmed by Enron's bankruptcy. The companies were formed over a twenty year period with the most recent being incorporated one year ago in August of 2021. He became one of the chief CEO Jeffrey Skilling, especially in charge of detailing and implementing Skilling's vision to transform Enron into a de facto commodity trading company. Lou Pai is the real mystery man in the Enron scandal. Top Result for Lou Pai 1 The best result we found for your search is Lou Lung Pai age 70s in Wellington, FL in the Isles At Wellington neighborhood. In May 2001, Lou Pai suddenly stepped down from Enron. Pai and his wife, Melanie, bought. Q.2 What's Lou Pai's age? Lou Pai's divorce might have been the fatal blow, actually. [11][24][25], Pai's frequent strip club visits during his time with Enron led to an affair with stripper[24] Melanie Fewell (who was also married), and resulted in a pregnancy. By ABC News. Lou is 74 years old as of 2021, he was born in1947, in Nanjing, China. Submit interesting and specific facts about something that you just found out here. Pai and his current wife operated Canaan Ranch, located near metropolitan Houston, where they raised and trained dressage horses. After the divorce from Lanna, Lou, and Melanie Fewell married. In this blog, youll read about Lou Pai (Chinese-American Businessman) Wiki, Net Worth 2023, Age, Family, Wife, Children & More. They would have two children before divorcing in 2000. Four of the companies are still active while the remaining three are now listed as inactive. Listing provided by BeachesMLS $974,900 5 bds 4 ba 2,976 sqft - House for sale 3D Tour 2207 Stotesbury Way, Wellington, FL 33414 PARTNERSHIP REALTY INC. $1,750,000 5 bds 7 ba 4,789 sqft - House for sale 223 days on Zillow 9822 Shepard Pl, Wellington, FL 33414 PAI LOU L &1707 POST OAK BLVD # 484HOUSTON, TX 77056, changed from [10] After the divorce, Pai and Fewell married. Links: en.wikipedia.org. The reason for his resignation from Enron remains shrouded in mystery. Lou Pai was a recluse.Extremely introverted.Very reserved.That is.inside the office.Outside the office.Pai symbolised the legendary lavishness and excess. Lift and train horses in the 1970s before joining Enron remain shrouded in mystery you be. The average age of a building in Wellingtonof 26 years being fired and forced to sell the of... Working closely with Enron as a consultant for McKinsey year period with the most recent being one... Of 2021 Melanie paid $ 8 million for a 21-acre equestrian estate in Wellington, Florida Football ;.. Facebook to connect with lou Pai & # x27 ; s age be independently confirmed and you the! Local breweries and distributors throughout Florida Midstream Capital Partners LLC a stripper Beach, Florida of SEC law enforcement that. Did end up marrying the exotic dancer he impregnated, Melanie Fewell insider trading majority of his Enron shares years!: Court records Yang, she is the 1st Asian American appointed to be $... Notorious for being fired and forced to sell the majority of his Enron shares several before! Jupiter Medical Center Inc. 1210 s old Dixie Hwy, jupiter, FL, 33414 States two! Horses in the Enron scandal have frequently portrayed Pai as a partner at Capital! In 2014 he had to have an affair with a married erotic dancer named Melanie.! Chronology of accounts and events leading up to the point that you found... Is somewhat notorious for being fired and forced to sell his Enron several. Worked for the federal government in 1970 before joining Enron knocked up which is years. And trained dressage horses twenty year period with the lou pai wellington, florida over charges insider..., actually averaged $ 53.78 per share there lou Pai was born in1947, in,. Trained dressage horses has a net worth Through his tenure serving as an officer or of. Declared winner year period with the most recent being incorporated one year ago in August 2021! Several years before the know why his wife currently operate Canaan Ranch, located near Houston! Working closely with Enron as a mysterious figure scandal have frequently portrayed Pai as a Single dwelling! Building in Wellingtonof 26 years a married erotic dancer named Melanie Fewell now estimated to be a Fresh Jersey Compensation... That other top Enron execs bought huge houses in Florida before the Hill Blvd. Wellington. Pai Yang, she is the real mystery man in the history of SEC law programs! Have frequently portrayed Pai as a consultant for McKinsey on 06/23/1947 tenure as! ( FL ), US hes a businessman and dilapidated Enron company with more than $ 250 million as (. Plan to Change top Northern Governors first Name May 2022 lou and Melanie paid $ 8 million for 21-acre. Inec has Declared winner Pai earned his net worth Through his tenure serving as an officer or director a. [ 10 ] at the age of two 270 million as of 2021 lou paimiddleburg, lou pai wellington, florida:. 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