Here are some interesting facts and body measurements you should know about Lou Pai. Wellington, FL. Lou was the 2nd-largest land owner in Colorado (Western United States). Pai was CEO of the EES (Enron Energy Services) subsidiary from March 1997 until May 2001. In May 2022 Lou and Melanie paid $8 million for a 21-acre equestrian estate in Wellington, Florida. Though married, Pai was known to: spend inordinate amounts of time during and after working hours in Houston-area strip clubs; use the Enron corporate jet for personal commuting; and, charge several-hundred dollars worth of lunches for himself and accompanying staff to the corporate expense account (until Chairman Ken Lay later prohibited it). [3] To satisfy the financial terms of his divorce settlement, Pai cashed out approximately $250 million of his Enron stock[24] just months before the company's stock price dramatically collapsed and it filed for bankruptcy protection. In the past, Lou has also been known as Lou Lung Pai, Lau Pai, Lama Pai and Lou L Pai. This includes his assets, money, and income. They have also lived in Wilmington, DE and Houston, TX. Pai also allegedly brought strippers back to Enron's offices for late night parties. By ABC News. During his boom period, within Enron Lou was referred to as "the invisible CEO.". Jay graduated from Lake Worth High School, Class of 81. Guided Meditation. This is one of the largest settlements in the history of SEC law enforcement programs that deal with individuals for alleged insider trading. Pai's Colorado ranchland included 14,047-foot mountain, Culebra Peak. Lou Lung Pai (Chinese: ; pinyin: Bi Lulng) (born 23 June 1947) is a Chinese-American businessman and former Enron executive. The reasons for his resignation from Enron remain shrouded in mystery. Pai and his family then have moved to Wellington, Florida where they live. The companies were formed over a twenty year period with the most recent being incorporated one year ago in August of 2021. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. [18], Pai joined Enron in 1987, when it was just a regional energy supplier. Born in Lake Worth. Between May 18 and June 7, 2001, Pai sold 338,897 shares of Enron and exercised Enron stock options which put 572,818 more shares on the open market. In this blog, youll uncover about Lou Pai (Chinese language-American Businessman) Wiki, Procure Rate 2023, Age, Family, Wife, Children & More. 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. Pai joined Enron in 1987, when it was still only a regional energy supplier. Pai was the second-largest land owner in Colorado . We welcome all corrections and feedback using the button below. 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. Sherron Watkins, Enrons former Vice President of Corporate Development. Lous net worth is $270 Million as of 2023, as he is a businessman and former Enron executive. . Lou Pai was born in Nanjing, China in 1946. His neighbors reportedly referred to the ranch as "Mount Pai". 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. He obtained both his B.S. At the time, the price averaged $53.78 per share. In May 2001, Lou Pai suddenly stepped down from Enron. Jupiter Medical Center Inc. 1210 S Old Dixie Hwy, Jupiter, FL, 33458 . Outside of Colorado they operate ranches in Texas and Virginia. After the divorce from Lanna, Lou, and Melanie Fewell married. Animal Nuisance. 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. He became one of (eventual) CEO Jeffrey Skillings top lieutenants, primarily tasked with detailing and implementing Skillings vision of transforming Enron into a de facto energy-commodities-trading firm. Sat, Mar 4, 2023 10:00 AM PST + 23 more events. The legal description of this lot is: "ISLES AT WELLINGTON PL 2". and M.S. A former executive of the energy trading firm, he cashed in an estimated $270 million in stock and left the company before it collapsed,. Lou L. Pai, the shadowy ex-head of Enron's power division, suddenly emerged from his vast Colorado estate last week to pay a near-record $31.5 million civil fine to settle allegations of insider . Lou is 74 years old as of 2021, he was born in1947, in Nanjing, China. I Love to read n write about Things that I find Interesting. Local time: 4:08 PM 2/28/2023. Lou Pai is the real mystery man in the Enron scandal. Ans. in economics. Lou is alive and in good health. Pai diriga la unidad de energa minorista de Enron y lleg a la empresa despus de trabajar en ConocoPhillips y DuPont. In 1987 Lou Pai left the SEC to take a job at Enron, which at the time was little-known regional energy supplier. After all, if you can buy up all the shares being sold then the price doesn't fall. Lous salvage fee is $270 Million as of 2023, as hes a businessman and dilapidated Enron executive. To satisfy the financial terms of his divorce settlement, Pai cashed-out approximately $250 million of his Enron stock just months before the company's stock price dramatically collapsed, and it filed for bankruptcy protection. Recently, Pai and his family moved to Wellington, Florida. Despite being married during his time at Enron, Pai was known to spend inordinate amounts of time during and after work at Houston-area strip clubs. Q.2 What's Lou Pai's age? At the time Lou Pai's first wife filed for divorce, Enron was trading in the $80-90 range. 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. Lou modified into CEO of Enron Vitality Products and providers from March 1997 till January 2001 and later CEO of Enron Xcelerator (a project capital division of Enron) from February 2001 till June 2001. The reasons for his resignation from Enron remain shrouded in mystery. Pai and his wife currently operate Canaan Ranch, located near metropolitan Houston, where they lift and train horses in the locker room. We've got 50+ tastings from local breweries and distributors throughout Florida. CHRISPIN CARLO S MD Lou served in the federal authorities in the Seventies sooner than becoming a member of Enron Company. Since then, Pai has emerged as a partner at Midstream Capital Partners LLC. You learn something new every day; what did you learn today? Lou and Melanie collectively operated Canaan Ranch, which is positioned terminate to metropolitan Houston, where they grew up and trained dressage horses, and later, they moved from Sugar Land, Texas, to Middleburg, Virginia, and opened a 2nd Canaan Ranch there, but as of 2014, it is up for sale. Despite its reputation as a very closed, quiet, and closed person around the office, Pai also came to symbolize the legendary luxuries and excesses of Enron's corporate culture. Lous salvage fee is $270 Million as of 2023, as hes a businessman and dilapidated Enron executive. 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. They then moved from Sugarland, Texas, to Middleburg, Virginia, and opened the second Canaan Ranch there, but in 2014 it was for sale. More recently, Pai and his family have moved to Wellington, Florida. Lou Lung Pai ( Chinese: ; pinyin: Bi Lulng) born in Nanjing, China in 1947, is a Chinese-American businessman and former Enron executive. [12], Despite a reputation for being extremely introverted, taciturn, and reclusive around the office, Pai also came to symbolize the legendary lavishness and excesses of Enron's corporate culture. Fast and FREE public record search on 36867 Mountville Rd Middleburg VA 20117. His primary source of income is his career as a businessman and former Enron executive. He earned a master's . in economics from the University of Maryland, College Park. 1. also known as Lou L Pai Lou Pailou. APC Tells Peter Obi, Atiku Abubakar What To Do as INEC has Declared winner. During his Enron career, Skilling put Pai in charge of multiple Enron subsidiaries; Pai was CEO of the EES (Enron Energy Services) subsidiary from March 1997, until May 2001. Pai joined Enron in 1987, when it was still just a regional energy supplier. [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. A former Enron employee referred to Pai as the invisible CEO when he was interviewed in the 2005 documentary film Enron: The Smartest Guys in the Room. Press J to jump to the feed. Helpful Links. Before moving to Lou's current city of Wellington, FL, Lou lived in Sugar Land TX, Houston TX and Middleburg VA. He left Enron with over $250 million. Colorado Pai farms include 14,047 foot mountains, Culebra Peak. Source: facebook.com. Through Element, Pai has invested in pollution emissions credits. Lou Lung Pai was born on 23 June 1947, his birthplace is Nanjing, Republic of China. n/a Average office wait time. 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. 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. Kon Hai Alakh Pandey aka Physics Wallah Wife Shivani Dubey? Lost Pet. WILLISTON PK, NY 11596, CHRISPIN CARLO S MD48 LIPTON LNWILLISTON PK, NY 11596, changed from Accounts of the Enron scandal have frequently portrayed him as a mysterious figure; a former Enron employee, interviewed in the documentary film Enron: The Smartest Guys in the Room, referred to Pai as "the invisible CEO". Lou Pai is a Chinese-American businessman and mathematical genius who has a net worth of $200 million. He was CEO of Enron Energy Services. Lou is related to Stephanie Pai Fleck and Brian Yung Chang Pai as well as 3 additional people. When Jeff became President of Enron in 1997, one of his first acts was to make Lou the CEO of EES (Enron Energy Services), a position he held through 2001. 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. Pai obtained both his B.S. Upon learning of the affair, Pais then-wife of over 20 years, Lanna, with whom he has two biological children, filed for divorce. My mate married a stripper he met on Holiday. 204 GLEN COVE RD The forced conversion of people's retirement investments was a vain attempt to offset being forced to sell. Lou Pai's divorce might have been the fatal blow, actually. Pai's frequent strip club visits during his time with Enron led to an affair with stripper Melanie Fewell (who was married, herself), and resulted in a pregnancy. Our new Privacy Policy will go into effect on January 1st, 2023. Urologists specialize in the male and female urinary tract and. Though married, Pai was known to spend inordinate amounts of time during and after working hours in Houston-area strip clubs, use the Enron corporate jet for personal commuting, and charge several hundred dollars worth of lunches for himself and accompanying staff to the corporate expense account until Chairman Ken Lay later prohibited it.[12]. 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. Lou Lung Pai was born on 23 June 1947, According to his birth date, Lou is 75 years old now. Lous fathers title modified into Shih-I Pai, he modified into an aeronautics professor at the University of Maryland, where Lou performed his B.S. The best result we found for your search is Lou Lung Pai age 70s in Wellington, FL in the Isles At Wellington neighborhood. 1707 POST OAK BLVD # 484 AboutPressCopyrightContact. Savor a brunch meal at International Polo Club Palm Beach. Website: Wellington Amphitheater. They have three children. 1. This includes his assets, money, and income. Phone: 561-791-4000 or 561-363-7905. Access agendas, minutes, meeting information, and member details. And had every opportunity and reason to fire him, but didn't. DeSantis was ignoring Fauci and . He modified into CEO of Enron Vitality Products and providers. Pai and Fewell raised and trained dressage horses on Canaan Ranch, located near metropolitan Houston. They have also lived in Wilmington, DE and Houston, TX. Diagnostic & Testing. Pai is a founder and former chair of Element Market, a renewable energy consulting firm. In addition, he was barred from serving as an officer or director of a public company for five years (until 2013). In 2014 he had to sell the ranch and moved to Wellington, Florida. Lou Lung Pai was born on 23 June 1947, his birthplace is Nanjing, Republic of China. in economics. Bola Tinubu The Just Elected President Makes Plan to Change Top Northern Governors First Name. 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. He left Enron with over $280 million. 11164 MARINA BAY RD The divorce filing would inadvertently be an extremely lucky turn of events for Lou Pai. Ans. Skilling impressed Enron's CEO Kenneth Lay and was hired away in 1991. Lous often strip club visits during his time with Enron Corporation led to an affair with a stripper named Melanie Fewell (who was also married), and it resulted in a pregnancy. Lou Pai earned his net worth through his tenure serving as the CEO of Enron Energy. Peaceful Waters Sanctuary. Floodplain Management. This property has 1 residential units. After the divorce from Lanna, Lou, and Melanie Fewell married. 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. Wellington Conservation Center. 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 [15], Pai was born in Nanjing, China and came to the United States at the age of two. Panther Ridge Conservation Center. The fact of the matter is Trump listened to Fauci throughout all of 2020. Lou Pai lucked out because his marriage unraveledbefore Enron itself did. He moved to the United Sates when he was two years old. Information should be independently confirmed and you use the information displayed here at your own risk. Lou Lung Pai is a Chinese language-American businessman. The property is 22 years old, which is four years younger than the average age of a building in Wellingtonof 26 years. Pai and his wife, Melanie, bought. ; pinyin: 2 ) Taylor Ranch for $ US $ 23 million in 1999, even though he sold the property 2 ) Taylor Ranch for $ US $ 23 million in 1999, even though he sold the property on June 2004 for, Timeline of the Enron scandal (May 18, 2001). She is now known as Melanie Pai. As part of the settlement, Pai is also prohibited from serving as an officer or director of a public company for five years. and M.S. Weston & Indian River 877.463.2010. and M.S. [10] After the divorce, Pai and Fewell married. Between May 18 and June 7, 2001, Lou Pai sold 338,897 shares of Enron and exercised 572,818 options for total pre-tax proceeds of $270 million. The affair resulted in a pregnancy. Lou was born in 1947, in Nanjing, China, and came to the United States at the age of 2 years. The reason for his resignation from Enron remains shrouded in mystery. 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Wellington's main governing body is the Village Council. Lou left Enron Company with more than $250 million. H-08-CV-2338 [Complaint]", "U.S. Securities and Exchange Commission v. Lou L. Pai, Civil Action No. 48 LIPTON LN He became one of the top lieutenants of Jeffrey Skilling (the eventual CEO as well as brother to veteran meteorologist Tom Skilling), primarily tasked with detailing and implementing Skillings vision of transforming Enron into a de facto energy commodities trading firm. Pai was born in Nanjing, China and came to the United States at the age of two. July 30,2008, 2008 -- A former top executive of collapsed EnronCorp. Pai was CEO of EES (Enron Energy Services) subsidiary from March 1997, until May 2001. Press question mark to learn the rest of the keyboard shortcuts. More recently, Pai and his family have moved to Wellington, Florida.[29][30]. He is also a former Enron Corporation (an American energy and services company) executive. 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