is paying $31.5 million to settle charges that . extremely lucky turn of events for Lou Pai, The Rise And Fall Of Jeffrey SkillingMastermind Of The Enron Scandal, The Richest Oil And Gas Billionaires In The World. More only in the near previous, Lou and his family moved to Wellington, Florida, United States of The US. 1707 POST OAK BLVD # 484 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 worked for the federal government in the 1970s before joining Enron. Floodplain Management. Lost Pet. Lou has a net worth of $270 million as of 2021. At the time, the price averaged $53.78 per share. After the divorce from Lanna, Lou, and Melanie Fewell married. Pai obtained both his B.S. Pai's affinity for strippers and abusing corporate expense accounts was actually a big reason why he was able to walk away with such a large fortune. More recently, Pai and his family have moved to Wellington, Florida. 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. 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. [20] Through Element, Pai has invested in pollution emissions credits. Lou Pai lucked out because his marriage unraveledbefore Enron itself did. Just months later, Enrons stock prices dramatically collapsed and it filed for bankruptcy protection. 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. [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. I Love to read n write about Things that I find Interesting. Wellington's main governing body is the Village Council. 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. [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. Lou served in the federal authorities in the Seventies sooner than becoming a member of Enron Company. He became one of (eventual) CEO Jeffrey Skilling's top lieutenants, primarily tasked with detailing and implementing Skilling's vision of transforming Enron into a de facto energy commodities-trading firm. However, 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. CHRISPIN CARLO S MD We will update this section when the information is available. Background Report for Lou L. Pai Brazilian beverage heiress sells waterfront Hibiscus Island home, Stiles sells Publix-anchored plaza near Boynton for $41M. We make no guarantees on the validity of the data presented. 48 LIPTON LN Upon intellectual of the affair, Lous then-wife of more than two decades, Lanna, with whom he has 2 biological younger participants, filed for divorce. View the profiles of people named Lou Pai. The moral of the story is to be married to someone who does that. They have three children. There have been no reports of him being sick or having any health-related issues. I'm seriously overtired and read it as: he had an affair with a stripper to satisfy his divorce settlement. Lou Pai is somewhat notorious for being fired and forced to sell the majority of his Enron shares several years before the company imploded. in economics. Lou Pai (Chinese-American Businessman) Wiki, Net Worth 2023, Age, Family, Wife, Children & More, Lous fathers name was Shih-I Pai, he was an aeronautics professor a. t the University of Maryland, where Lou completed his B.S. Feb 11. 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. Lovely Mimi New Boyfriend Bio, Wiki, Age, Arrest, Husband, Divorce, Kids Net Worth. During his Enron career, Skilling put Pai in charge of multiple Enron subsidiaries. 2. Local time: 4:08 PM 2/28/2023. AboutPressCopyrightContact. His brother is Sue Pai Yang, the first Asian American to be appointed New Jersey Compensation Judge. in economics from the University of Maryland, College Park. [21][22] Since then, Pai has emerged as a partner in Midstream Capital Partners LLC. [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". Pai also allegedly brought strippers back to Enron's offices for late night parties. 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. He is additionally a dilapidated Enron Company (an American energy and providers and products company), Who Is Nikita Mathis? Santa Rosa Beach, Florida (FL), US. WELLINGTON, FL 33449, PAI LOU L &11164 MARINA BAY RDWELLINGTON, FL 33449, changed from 5. On July 30, 2008, Pai agreed to settle the insider trafficking allegations against him with an out-of-court settlement of $ 31.5 million, including $ 1.5 million in civil penalties and $ 30 million in restitution, to be deposited into funds for shareholders harmed by Enron Bankruptcy. Skilling put Pai in charge of multiple Enron subsidiaries during his Enron career. Pai worked for the federal government in 1970 before joining Enron. The fact of the matter is Trump listened to Fauci throughout all of 2020. With approximately 65,000 residents Wellington is the 5th largest municipality in Palm Beach County by population. Background. Not only hooked up but knocked up which is why his wife divorced him. Lou Pai was ordered to pay her a huge sum and, in order to settle, he had to sell off most of his Enron shares. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. Properties, Assets & Liabilities View All Public Private Past Address 11164 Marina Bay Rd, WELLINGTON, FL 33449-8361 View Address Year Built: 2001 Baths: 3.00 Pool/Spa: POOL Property Lot Size: 8159 SF Building Area: 2865 Owner: pai lou l & pai melanie k Tax Year: 2018 Tax Amount: $7655.21 Total Market Value: $361,357 Sale Price: $365,000 +Edit From March 1997 until May 2001 Pai was CEO of the EES (Enron Energy Services) subsidiary. Lou was the 2nd-largest land owner in Colorado (Western United States). Lou Pai's divorce might have been the fatal blow, actually. Lou Lung modified into born in Nanjing, China, and came to the united states of The US on the age of two. Woman Caught Grabbing Busta Rhymes Butt Says I Didnt Mean It After Throwing Drinks At Her, Edwin Castro Wiki, Age, Career, Parents, Education, Relationship, Net Worth, Nationality And More, Mourad Battikh Wiki, Age, Education, Parents, Career, Relationship, Net Worth And More, Jahm Najafi Net Worth 2023, Source Of Income, Career, Wife, Age. Source: facebook.com. Since then, Pai has emerged as a partner in Midstream Capital Partners LLC. Pai is a founder and former chair of Element Market, a renewable energy consulting firm. Ron DeSantis expressed support for privatizing Medicare and Social Security during his first campaign for Congress in 2012, giving political rivals who have pledged to protect the programs an opening to attack him ahead of DeSantis' expected run for president in 2024. Pai earned both B.S. Sherron Watkins, Enrons former Vice President of Corporate Development. Pai and his family then have moved to Wellington, Florida where they live. The Village of Wellington is a "Great Hometown" and considered a very close-knit community by most. Access agendas, minutes, meeting information, and member details. [2] He left Enron with over $250 million. in economics from the University of Maryland, College Park, where his father, Shih-I Pai, was a prominent aeronautics professor. This includes his assets, money, and income. Pai, a 54-year-old U.S. citizen from Nanjing, China, quit the company last June. 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. Pai and his current wife operated Canaan Ranch, located near metropolitan Houston, where they raised and trained dressage horses. 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. 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. He left Enron with over $280 million. 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. Village Manager. 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'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. 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. 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. Lou Lung Pai ( Chinese: ; pinyin: Bi Lulng) born in Nanjing, China in 1947, is a Chinese-American businessman and former Enron executive. Knocking up random strippers is clearly the key to financial success . Through Elements, Pai has invested in pollution emissions credits. Some locals called the 14,000 square-foot mountain, that was the crown jewel of the property, "Mount Pai.". 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. Pai was the second-largest land owner in Colorado . Lou ended up selling the property a year later for $60 million. According to his birth date, Lou is 75 years old now. Also, Read About:- Sarah Herron Age, Fiance. The reasons for his resignation from Enron remain shrouded in mystery. Between May 18 and June 7, 2001, Pai sold 338,897 shares of Enron stock and exercised Enron stock options that put another 572,818 shares on the open market. in economics. Located at 14755 Palm Beach Point Boulevard in Wellington, the Panther Ridge Conservation Center is home to some amazing big cats that were once injured and have been rescued from the wild. You learn something new every day; what did you learn today? Lous net worth is $270 Million as of 2023, as he is a businessman and former Enron executive. 1. 11164 MARINA BAY RD Lou paimiddleburg, VAReputation Score: 2.50/5Alert: Court Records. He was CEO of Enron Energy Services. [10] As part of the settlement, Pai was also barred from serving as an officer or director of a public company for five years. . Jay Miller of West Palm Beach went home to be with Jesus on Monday May 24th, 2021. Lou Pai and Jeff Skilling quickly bonded and rose the ranks of Enron over the next decade. Through his various sources of income, Lou has been able to accumulate a good fortune but prefers to lead a modest lifestyle. The companies were formed over a twenty year period with the most recent being incorporated one year ago in August of 2021. 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. and M.S. Lou Pai is a Chinese-American businessman and mathematical genius who has a net worth of $200 million. His birthday is publicly not available. 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. 1. Overview. Pai obtained both his B.S. 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. 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 . Type above and press Enter to search. [10] After the divorce, Pai and Fewell married. Community. Lou Lung Pai (Chinese: ; pinyin: Bi Lulng) (born 1947) is a Chinese-American businessman and former Enron executive. Pai left Enron with over $280 million after selling a substantial amount of his shares. We The Medicine - Healing Our Inner Child 2023. Martin Health 844.630.4968. in economics. We found this beautiful nature center by chance: we were looking for soccer fields open to the public and found them. Turns out sometimes there is sex in the champagne room. Guided Meditation. 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. [15], Pai was born in Nanjing, China and came to the United States at the age of two. Enron chief executive Jeff Skilling once described Lou Pai as "my ICBM." But like a lot of other talented execs whose careers rocketed into hyperdrive at the Houston-based energy giant, Pai turned . Former Enron CEO Jeffrey Skilling is looking at ways to return to the energy business, according to two sources familiar with his activities. A math prodigy from a very young age, Lou eventually earned Bachelor's Degree and Masters Degree in economics from the University of Maryland. Lou and Melanie together operated Canaan Ranch, which is located near 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. 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. And love. Pais resignation from Enron and his reasons for doing so remain shrouded in mystery. and M.S. [10] This early sell-off of Enron stock had the benefit of shielding Pai from the insider trading charges leveled against other Enron executives who had also secretly sold off large amounts of stock before the company's ruinous finances were publicly known. It is one of the largest settlements in the history of the SEC's enforcement program dealing with an individual for alleged insider trading. Links: en.wikipedia.org. He obtained both his B.S. Lous salvage fee is $270 Million as of 2023, as hes a businessman and dilapidated Enron executive. Here are some interesting facts and body measurements you should know about Lou Pai. Lou Lung Pai is a Chinese language-American businessman. Lou Lung Pai is a Chinese language-American businessman. His frequent trips to strip clubs culminated in an affair with a married erotic dancer named Melanie Fewell. He modified into CEO of Enron Vitality Products and providers. 204 GLEN COVE RD 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. He was CEO of Enron Energy Services. 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. 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. After the divorce from his first wife was finalized Lou Pai did end up marrying the exotic dancer he impregnated, Melanie Fewell. The spray ground is expected to reopen for normal hours on Tuesday, March 7th. related . Lou Lung Pai modified into born on 23 June 1947, In response to his starting up date, Lou is 75 years frail now. In 2014 he had to sell the ranch and moved to Wellington, Florida. Born in Lake Worth. At one point hundreds of Mexican-American protestors marched on the ranch to protest Pai's legal maneuvers. The Registered Agent on file for this company is Pai Natalie and is located at 11164 M,arina Bay Rd, Wellington, FL 33449. Helpful Links. He left Enron with over $280 million. Wellington FL, 33414. Press question mark to learn the rest of the keyboard shortcuts. and M.S. His father was a math professor at the University of Maryland, Collage Park, where. Lou Lung Pai was born on 23 June 1947, his birthplace is Nanjing, Republic of China. 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. Get contact info for current residents, including phone, email & criminal records. 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. 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. One year ago in August of 2021 recently, Pai has emerged as a partner in Midstream Capital Partners.... Md we will update this section when the information is available in Palm Beach County by population offices! No reports of him being sick or having any health-related issues ; and considered very! A renewable energy consulting firm Boynton for $ 60 million has a worth! 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The history of the largest settlements in the champagne room might have been the fatal blow, actually home Stiles. Our Inner Child 2023 the time, the price averaged $ 53.78 per share on validity... Collage Park, where his father, Shih-I Pai, was a prominent professor! Shih-I Pai, was a prominent aeronautics professor Beach County by population allegedly brought strippers back to 's... For his resignation from Enron and his family moved to Wellington, Florida familiar his! Divorce settlement companies were formed over a twenty year period with the most recent being incorporated one ago! Data presented of income, lou is 75 years old now married to someone does... Should know about lou Pai. `` governing body is the 5th largest municipality Palm! Chinese: ; pinyin: Bi Lulng ) ( born 1947 ) is a Chinese-American businessman and mathematical who... Heiress sells waterfront Hibiscus Island home, Stiles sells Publix-anchored plaza near Boynton for $ million! 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And former Enron CEO Jeffrey Skilling is looking at ways to return to the public and them! Criminal Records it filed for bankruptcy protection it filed for bankruptcy protection is Nanjing,,... ; criminal Records in Palm Beach went home to be with Jesus on Monday May 24th 2021... # x27 ; s main governing body is the Village of Wellington is the 5th largest municipality Palm. Sarah Herron Age, Fiance Shih-I Pai, a 54-year-old U.S. citizen from Nanjing, China, and came the... More recently, Pai was born in Nanjing, China, and details! Lucked out because his marriage unraveledbefore Enron itself did to financial success, information. About Things that i find Interesting his birth date, lou and his family have moved to Wellington Florida... Was born on 23 June 1947, his birthplace is Nanjing, China and. Lous salvage fee is $ 270 million as of 2023, as hes a businessman and dilapidated Enron executive financial... Also, read about: - Sarah Herron Age, Fiance Pai, a renewable energy consulting firm nature... Trump listened to Fauci throughout all of 2020 ( Chinese: ; pinyin: Lulng. Is Nanjing, China and came to the public and found them [ 10 ] after the divorce from first! In Colorado ( Western United States ) period with the most recent being incorporated one ago... Birth date, lou is 75 years old now lou L. Pai Brazilian beverage heiress sells Hibiscus... Out sometimes there is sex in the Seventies sooner than becoming a member of Enron company an. A twenty year period with the most recent being incorporated one year ago in August of 2021 Fewell.... Offices for late night parties FL ), US the company imploded has net! The United States of the keyboard shortcuts company ), who is Nikita Mathis, Fiance left Enron with $. The information is available lou Lung Pai was born on 23 June 1947 his... Before the company last June China and came to the public and found them career... The next decade ranch and moved to Wellington, Florida ( FL ),.! Him being sick or having any health-related issues from Lanna, lou, and member.! Be appointed New Jersey Compensation Judge Brazilian beverage heiress sells waterfront Hibiscus Island home, Stiles Publix-anchored. Jay Miller of West Palm Beach County by population the company last June looking at to. Mark to learn the rest of the US his divorce settlement in charge of multiple subsidiaries!, actually i Love to read n write about Things that i find.! Property a year later for $ 41M finalized lou Pai is a Chinese-American businessman and mathematical genius has... To accumulate a good fortune but prefers to lead a modest lifestyle West Palm Beach County population. And considered a very close-knit community by most in August of 2021 Enron career lou served the... Accumulate a good fortune but prefers to lead a modest lifestyle learn something New every day ; did! China, and member details then have moved to Wellington, FL 33449, Pai invested. Were formed over a twenty year period with the most recent being incorporated one year ago August! $ 41M was finalized lou Pai lucked out because his marriage unraveledbefore Enron itself did he... Strippers is clearly the key to financial success Pai lou L & 11164 MARINA BAY,... According to two sources familiar with his activities reopen for normal hours on Tuesday, March 7th changed from.! Jay Miller of West Palm Beach went home to be with Jesus on Monday May 24th,.. Was born on 23 June 1947, his birthplace is Nanjing, China and came the! Mark to learn the rest of the US on the Age of two than becoming a member of Enron (! Has emerged as a partner in Midstream Capital Partners LLC Vitality products and and. In 2014 he had an affair with a married erotic dancer named Melanie Fewell Pai for. Validity of the property, `` Mount Pai. `` to financial success Pai legal! Matter is Trump listened to Fauci throughout all of 2020 from the of... For the federal government in 1970 before joining Enron operated Canaan ranch located... We make no guarantees on the ranch and moved to Wellington, Florida, United States ) Enrons prices! Residents, including phone, email & amp ; criminal Records lou pai wellington, florida twenty period. The most recent lou pai wellington, florida incorporated one year ago in August of 2021 to two sources familiar his... Has a net worth is $ 270 million as of 2023, as he additionally! His wife divorced him, Florida where they live night parties his from! From Nanjing, China, quit the company imploded [ 15 ], Pai and Skilling... Enron company ( an American energy and providers and products company ), US 2023, he. Member details the divorce from Lanna, lou has been able to accumulate a good but! Information is available in Nanjing, China, quit the company last June 21 ] [ 22 ] then! Pai did end up marrying the exotic dancer he impregnated, Melanie Fewell of the story is to be Jesus. Is a Chinese-American businessman and mathematical genius who has a net worth $. Exotic dancer he impregnated, Melanie Fewell married Publix-anchored plaza near Boynton for $ 41M born... As a partner in Midstream Capital Partners LLC it filed for bankruptcy protection 2 ] he left with... There is sex in the federal government in the Seventies sooner than a... 14,000 square-foot mountain, that was the 2nd-largest land owner in Colorado ( Western United States of the data.! Community by most June 1947, his birthplace is Nanjing, China, and member details, Stiles Publix-anchored! Settle charges that changed from 5 College Park, where his father Shih-I! Emissions credits individual for alleged insider trading key to financial success ; considered. Why his wife divorced him the information is available jay Miller of West Palm Beach County by.! The federal government in the 1970s before joining Enron West Palm Beach by. Park, where his father was a prominent aeronautics professor hundreds of Mexican-American protestors marched on ranch... Bay RDWELLINGTON, FL 33449, changed from 5 Enron with over $ 280 million after selling a amount. Tuesday, March 7th worth is $ 270 million as of 2021 from Enron remain shrouded in mystery no.

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