We will update this section once this information is available. Lous net worth is $270 Million as of 2023, as he is a businessman and former Enron executive. July 30,2008, 2008 -- A former top executive of collapsed EnronCorp. Been married 15 years with two kids, to be fair I thought his marriage would last a year, but after I met her she changed my mind. Lou Lung Pai (Chinese: ; pinyin: Bi Lulng) (born 1947) is a Chinese-American businessman and former Enron executive. According to Wikipedia, he remains married to her, 22 years later. 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. The reason for his resignation from Enron remains shrouded in mystery. 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. Lou served in the federal authorities in the Seventies sooner than becoming a member of Enron Company. Alzheimer's Disease & Dementias. Find Lou Pai's contact information, phone numbers, home addresses, age, background check, white pages, resumes and CV, skilled experts, social media profiles, places of employment, business records, publications, photos and videos, public records and arrest records . 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. Background Report for Lou L. Pai FREE Background Report & Reputation Score (4.28) for Melanie Pai in Wellington, FL. 5. 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They later moved from Sugarland, Texas, to Middleburg, Virginia, and opened a second Canaan Ranch there, but as of 2014, it is up for sale. Source: Photo by Wikimedia Commons user Pantagruel68 used under CC BY-SA 3.0. When Pai's wife learned of the affair, she filed for divorce. Sue Pai Yang", "Enron veterans flourish due to 'mystique', "Ex-Enron executives form Midstream Capital", "Ex-Enron exec Pai target in many lawsuits", "Former Enron Executive Pai Agrees to Insider-Trading Settlement", "10 Enron Players: Where They Landed After the FallLou Lung Pai: A Big Stock Seller, With a Taste for Glitter", "Christy Raisbeck And Fernando Win Horse Of Course High Score Award At Houston Dressage Society Spring Classic I Show", https://en.wikipedia.org/w/index.php?title=Lou_Pai&oldid=1137379202, University of Maryland, College Park alumni, Pages containing links to subscription-only content, Short description is different from Wikidata, Articles containing traditional Chinese-language text, Articles containing Chinese-language text, Creative Commons Attribution-ShareAlike License 3.0, US Securities and Exchange Commission(?1986), This page was last edited on 4 February 2023, at 09:08. 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. 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 Pai has not been charged with any criminal wrongdoing in the Enron scandal and has exercised his 5th Amendment right in regard to the subsequent Enron class action. Lou Lung Pai modified into born on 23 June 1947, In response to his starting up date, Lou is 75 years frail now. 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. . 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. He is Chief Executive Officer of Kynetic, the direct src: c8.alamy.com Lou Lung Pai (Chinese: ??? pai-lou: [noun] a usually elaborate Chinese commemorative archway erected in honor of someone highly esteemed (as for virtue) and consisting typically of four heavy square pillars topped with horizontal crossbeams and often buttressed with conventionalized lions and having an incised memorial tablet placed against or near the center crossbeam . According to legend, when asked by co-workers how he hid the smell of strippers and strip clubs from his wife, Pai explained that on his drive home from the club he would stop by a gas station and "spill a little gas on my suit," to literally throw his wife off the scent of his affairs. Here are some interesting facts and body measurements you should know about Lou Pai. We welcome all corrections and feedback using the button below. At the time, the price averaged $53.78 per share. Pai obtained both his B.S. Knocking up random strippers is clearly the key to financial success . 1707 POST OAK BLVD # 484 Submit interesting and specific facts about something that you just found out here. During his boom period, within Enron Lou was referred to as "the invisible CEO.". Pai earned both B.S. The Registered Agent on file for this company is Pai Natalie and is located at 11164 M,arina Bay Rd, Wellington, FL 33449. This property is classified as Residential (Single Family). He is additionally a dilapidated Enron Company (an American energy and providers and products company) executive. During Enron's career, Skilling placed Pai in charge of several Enron subsidiaries. The moral of the story is to be married to someone who does that. Upon learning of the affair, Pai's then-wife of over 20 years, Lanna, with whom he has two biological children, filed for divorce. 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. Lou has a net worth of $270 million as of 2021. Code Violations. He is additionally a dilapidated Enron Company (an American energy and providers and products company) executive. His then-wife of over 20 years, Lanna, with whom he has two biological children, filed for divorce upon learning of the affair. Appointments & Locations. 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. Lou Pai, ex CEO de Enron Energy Services. Pai was born in Nanjing, China and came to the United States at the age of two. 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. Diagnostic & Testing. He appears to be quite tall in stature if his photos, relative to his surroundings, are anything to go by. Village Manager. 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. Pai came to the United States aged two years. Lou obtained both his B.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. as well as M.S. The forced conversion of people's retirement investments was a vain attempt to offset being forced to sell. Pai was born in Nanjing, China and came to the United States at the age of two. 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. He continues to disown or deny the Securities and Exchange Commission claims that he sells millions of Enron shares based on non-public information about the company's financial matters. 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. Pai sold out approximately $250 million of his Enron stock to satisfy the financial terms of his divorce settlement. His massive home set him back $6 million in 1992, and is now estimated to be worth $28 million in 2020. (Photo By Hyoung Chang/The Denver Post via Getty Images). [2] He left Enron with over $250 million. Wellington Conservation Center. 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. Before moving to Lou's current city of Wellington, FL, Lou lived in Sugar Land TX, Houston TX and Middleburg VA. Guided Meditation. [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 LOU L &1707 POST OAK BLVD # 484HOUSTON, TX 77056, changed from However, details regarding his actual height and other body measurements are currently not publicly available. Stay tuned for more updates on LatestinBollywood. [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. Pai left Enron with over $280 million after selling a substantial amount of his shares. [19], Pai was a founder and is a former chairman of Element Markets, a renewable-energy consulting firm. in economics from the University of Maryland, College Park. We found this beautiful nature center by chance: we were looking for soccer fields open to the public and found them. After graduating he went to work for the Federal government. 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 in economics from the University of Maryland, College Park, where his father, Shih-I Pai, was a prominent aeronautics professor. Ans. [20] Through Element, Pai has invested in pollution emissions credits. Lou Lung was born in Nanjing, China, and came to the United States of America at the age of 2. Lou Lung Pai modified into born on 23 June 1947, In response to his starting up date, Lou is 75 years frail now. Wellington Classic Brewfest is HAPPENING NOW at Town Center! At that time, the average price was $ 53.78 per share. This includes his assets, money, and income. We The Medicine - Healing Our Inner Child 2023. . Also find all Bollywood Movie Information related to release date, Reviews, Web Series Information and celebrities, gossips, and entertainment news. He modified into CEO of Enron Vitality Products and providers. Type above and press Enter to search. 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. Lou modified into the 2nd-largest land proprietor in Colorado (Western United States). 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. She is now known as Melanie Pai. 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. His sister Sue Pai Yang eventually became the first Asian-American to be appointed to be a New Jersey Worker's Compensation judge. It is one of the largest settlements in the history of the SEC's enforcement program dealing with an individual for alleged insider trading. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. Colorado Pai farms include 14,047 foot mountains, Culebra Peak. It's a downgrade, . Pai and his wife, Melanie, bought. 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. [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 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. Pai exercised his 5th Amendment rights in regard to the subsequent Enron class action lawsuits and was not charged with any criminal wrongdoing in the Lawsuits regarding the Enron scandal. Overview. 11164 MARINA BAY RD 1. More recently, Lou and his family moved to Wellington, Florida, United States of America. Dr. Singer's office is located at 10115 Forest Hill Blvd., Wellington, FL. Louis Jay Miller II. ADHD and Women: Misunderstood, Misdiagnosed & Moving Forward for Change. Pai and Fewell raised and trained dressage horses on Canaan Ranch, located near metropolitan Houston. On this Wikipedia the language links are at the top of the page across from the article title. At the time Lou Pai's first wife filed for divorce, Enron was trading in the $80-90 range. Lou Lung Pai is a Chinese language-American businessman. [16][17] Pai worked for the federal government in the 1970s before joining Enron. He moved to the United Sates when he was two years old. You learn something new every day; what did you learn today? Pais resignation from Enron and his reasons for doing so remain shrouded in mystery. 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. Website: Wellington Amphitheater. The reasons for his resignation from Enron remain shrouded in mystery. Lou Lung Pai is a Chinese language-American businessman. He Wants To Remain Lone Yoruba President Of Nigeria Yoruba Group Slams Olusegun Obasanjo, Tinubus Victory was Well Deserved FFK. A former executive of the energy trading firm, he cashed in an estimated $270 million in stock and left the company before it . Pai came to symbolize the legendary lavishness and excesses of Enrons corporate culture despite a reputation for being extremely introverted, taciturn, as well as reclusive around the office. 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. Over the next few years Enron grew into the fifth largest company in the world by market cap, thanks largely to its natural gas trading desk. Helpful Links. Lou paimiddleburg, VAReputation Score: 2.50/5Alert: Court Records. And love. 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. 10101 Forest Hill Blvd, Wellington, FL, 33414 . Lou Lung Pai (Chinese: ??? Innovative technical gear is just around the corner. 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