Lost Pet. Links: en.wikipedia.org. Floodplain Management. Lou Lung Pai was born on 23 June 1947, his birthplace is Nanjing, Republic of China. Just months later, Enrons stock prices dramatically collapsed and it filed for bankruptcy protection. 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. According to his birth date, Lou is 75 years old now. 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. Press J to jump to the feed. Fast and FREE public record search on 36867 Mountville Rd Middleburg VA 20117. Background Report for Lou L. Pai Lou ended up selling the property a year later for $60 million. He left Enron with over $250 million. Website: Wellington Amphitheater. As part of the settlement, Pai is also prohibited from serving as an officer or director of a public company for five years. At some point in the mid-1970s through 1986 Lou worked for the Securities Exchange Commission. 21,816 views 9.5 (2 votes) Categories. Population: 61,637 (2020) [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 began offloading his company shares to satisfy his divorce settlement agreement on May 18, 2001. His neighbors reportedly referred to the ranch as "Mount Pai". View the profiles of people named Lou Pai. Also, Read About:- Sarah Herron Age, Fiance. Access agendas, minutes, meeting information, and member details. Kon Hai Alakh Pandey aka Physics Wallah Wife Shivani Dubey? While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. 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. Lou Pai has not been charged with any crime in the Enron scandal and has exercised its 5th Amendment right in connection with the next class action of Enron. 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. 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. 2590 Cooper Way, Wellington, FL 33414 MEARS REALTY GROUP, LLC. PAI LOU L & Lou Lung Pai was born on 23 June 1947, According to his birth date, Lou is 75 years old now. At the time Lou Pai's first wife filed for divorce, Enron was trading in the $80-90 range. and M.S. 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. The buyer was North Star Wellington LLC, managed by Louis "Lou" Jacobs and his wife, Joan B. Jacobs.JPMorgan Chase Bank provided a $8.25 million mortgage to the buyer, which used the same . Dr. Singer's office is located at 10115 Forest Hill Blvd., Wellington, FL. Entitlement Reform will be the next attack on Ron. [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. Browse Obituaries and Death Records in Wellington, Florida. Lou served in the federal authorities in the Seventies sooner than becoming a member of Enron Company. They are especially involved in the Olympic sport of dressage. On this Wikipedia the language links are at the top of the page across from the article title. 2023 Celebrity Net Worth / All Rights Reserved. Lou Lung Pai is a Chinese-American businessman. Colorado Pai farms include 14,047 foot mountains, Culebra Peak. Pai was CEO of the EES (Enron Energy Services) subsidiary from March 1997 until May 2001. Local time: 4:08 PM 2/28/2023. Lou Pai's divorce might have been the fatal blow, actually. The Mall at Wellington Green. In total he sold 100% of his stake, 911,715 shares. He obtained both his B.S. Lous sister is Sue Pai Yang, the first Asian American appointed to be a New Jersey Workers Compensation judge. The initial sale of Enron shares has the greatest advantage of protecting Pai from the same insider trading allegations against other Enron executives (who also secretly sold large amounts of shares before the public finances were destroyed publicly). 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). After graduating he went to work for the Federal government. His then-wife of over 20 years, Lanna, with whom he has two biological children, filed for divorce upon learning of the affair. They would have two children before divorcing in 2000. Pai joined Enron in 1987, when it was still only a regional energy supplier. Former Enron CEO Jeffrey Skilling is looking at ways to return to the energy business, according to two sources familiar with his activities. . Subscribe and get full access to Ground News. According to his birth date, Lou is 75 years old now. 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. All 45 square miles are meticulously maintained by the Village and residents alike. 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 Sherron Watkins, Enrons former Vice President of Corporate Development. The Wellington Aquatics Complex spray ground is closing for maintenance on Sunday, February 26th and will remain closed through Monday, March 6th. During his Enron career, Skilling put Pai in charge of multiple Enron subsidiaries. In May 2022 Lou and Melanie paid $8 million for a 21-acre equestrian estate in Wellington, Florida. Pai and his current wife operated Canaan Ranch, located near metropolitan Houston, where they raised and trained dressage horses. 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 stands at an average height. related . in economics. OLD WESTBURY, NY 11568. Find the latest Bollywood News and Celebrity Gossips from Latest In Bollywood. 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. Pai, a 54-year-old U.S. citizen from Nanjing, China, quit the company last June. in economics. He left Enron with over $280 million. Lou is 74 years old as of 2021, he was born in1947, in Nanjing, China. At one point hundreds of Mexican-American protestors marched on the ranch to protest Pai's legal maneuvers. Lou Pai settled with the SEC over charges of insider trading. 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 total living area is 3,182 sqft. More recently, Pai and his family have moved to Wellington, Florida. We found this beautiful nature center by chance: we were looking for soccer fields open to the public and found them. His sister is Sue Pai Yang, the first Asian American appointed to be a New Jersey Workers' Compensation Judge. [16][17] Pai worked for the federal government in the 1970s before joining Enron. Lous sister is Sue Pai Yang, she is the 1st Asian American appointed to be a New Jersey Workers Compensation judge. Because he sold all of his shares before the company imploded, Lou was shielded from the charges that many other Enron executives faced in the following years. Savor a brunch meal at International Polo Club Palm Beach. After the divorce from Lanna, Lou, and Melanie Fewell married. Type above and press Enter to search. 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. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. Lou {Full name Lou Lung Pai (Chinese: ; pinyin: Bi Lulng)} is a Chinese-American businessman and former Enron executive. The property is classified as a single family dwelling. Lou and Melanie Pai are still married today. Pai would soon be one of Skilling's top lieutenants and was put in charge of many key Enron projects and subsidiaries. Lou Pai lucked out because his marriage unraveledbefore Enron itself did. Lou Pai is somewhat notorious for being fired and forced to sell the majority of his Enron shares several years before the company imploded. 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. ; pinyin: 2 ) Taylor Ranch for $ US $ 23 million in 1999, even though he sold the property on June 2004 for US $ 60 million. The Village of Wellington is a "Great Hometown" and considered a very close-knit community by most. Santa Rosa Beach, Florida (FL), US. 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 . 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. At this time, future-CEO Jeffrey Skilling was working closely with Enron as a consultant for McKinsey. His neighbors reportedly referred to the farm as "Mount Pai". and M.S. His then-wife of over 20 years, Lanna, with whom he has two biological children, filed for divorce upon learning of the affair. 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. In a strange twist of luck, he sold them right near the peak of the Enron bubble, only a few months before everything came crashing down. Pai and Fewell raised and trained dressage horses on Canaan Ranch, located near metropolitan Houston. Very shortly after, Enron's stock plummeted from $80 per share to pennies. and M.S. 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. It is one of the largest settlements in the history of the SEC's enforcement program dealing with an individual for alleged insider trading. Create an account to follow your favorite communities and start taking part in conversations. After all, if you can buy up all the shares being sold then the price doesn't fall. Pai came to the United States aged two years. 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. Four of the companies are still active while the remaining three are now listed as inactive. [19], Pai was a founder and is a former chairman of Element Markets, a renewable-energy consulting firm. [10] 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. Lou Pai is a Chinese-American businessman and mathematical genius who has a net worth of $200 million. There Lou Lung Pai (Chinese: ; pinyin: Bi Lulng) (born 23 June 1947) is a Chinese-American businessman and former Enron executive. Lou was CEO of Enron Energy Services from March 1997 until January 2001 and later CEO of Enron Xcelerator (a venture capital division of Enron) from February 2001 until June 2001. Lou Pai is the real mystery man in the Enron scandal. in economics from the University of Maryland, College Park. Pai obtained both his B.S. Lou Pai, age 75 **** 1**** S Ave, Wellington, FL (713) 516-**** Lived in: Houston TX, Middleburg VA, Sugar Land TX Search report Lou Pai, age 75 **** P**** Blvd, Houston, TX Lives in: Houston TX Search report Email Addresses Sponsored by Spokeo Paid Service lo****@gmail.com Search secret profiles for lo****@gmail.com Search lo****@yahoo.com This property has 1 residential units. Lous sister is Sue Pai Yang, she is the 1st Asian American appointed to be a Fresh Jersey Workers Compensation determine. Pai obtained his Bachelor of Science Degree and Master of Science Degree in economics from the University of Maryland, College Park where his father was a professor. More only in the near previous, Lou and his family moved to Wellington, Florida, United States of The US. Diagnostic & Testing. 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. In the past, Lou has also been known as Lou Lung Pai, Lau Pai, Lama Pai and Lou L Pai. 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 and Jeff Skilling quickly bonded and rose the ranks of Enron over the next decade. After the divorce, Pai and Fewell got married. Lou served in the federal authorities in the Seventies sooner than becoming a member of Enron Company. ADHD and Women: Misunderstood, Misdiagnosed & Moving Forward for Change. 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. Since then, Pai has emerged as a partner in Midstream Capital Partners LLC. 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. 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. Rosanna Scotto Husband: Louis John Ruggiero Age, Wife, Children, Worth. Phone: 561-791-4000 or 561-363-7905. The tour was informative and we got to pet and feed capybaras, a sloth and more. 2. and M.S. Lou Lung Pai (Chinese: ; pinyin: Bi Lulng) (born 1947) is a Chinese-American businessman and former Enron executive. Pai was born in Nanjing, China and came to the United States at the age of two. . [20] Through Element, Pai has invested in pollution emissions credits. All net worths are calculated using data drawn from public sources. Knocking up random strippers is clearly the key to financial success . Background. He is also a former Enron Corporation (an American energy and services company) executive. 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. Appointments & Locations. Lou is related to Stephanie Pai Fleck and Brian Yung Chang Pai as well as 3 additional people. Pai and his wife currently operate Canaan Ranch, located near metropolitan Houston, where they lift and train horses in the locker room. She is now known as Melanie Pai. Jay Miller of West Palm Beach went home to be with Jesus on Monday May 24th, 2021. Pai left Enron with over $280 million after selling a substantial amount of his shares. The reasons for his resignation from Enron remain shrouded in mystery. 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. His birthday is publicly not available. CHRISPIN CARLO S MD In this blog, youll read about Lou Pai (Chinese-American Businessman) Wiki, Net Worth 2023, Age, Family, Wife, Children & More. We The Medicine - Healing Our Inner Child 2023. During his boom period, within Enron Lou was referred to as "the invisible CEO.". 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 was the 2nd-largest land owner in Colorado (Western United States). We will update this section once this information is available. The story of the Enron scandal often portrays him as a mysterious figure; former Enron employee, interviewed in the Enron documentary: The Smartest Guys in the Room, calls Pai the "unseen CEO". Have been the fatal blow, actually, minutes, meeting information, and member.! 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