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. Pai was the second-largest land owner in Colorado . 3.0 Office cleanliness. 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. We welcome all corrections and feedback using the button below. in economics from the University of Maryland, College Park. 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. Rosanna Scotto Husband: Louis John Ruggiero Age, Wife, Children, Worth. In 1976 Lou married his first wife Lanna. More recently, Pai and his family have moved to Wellington, Florida. . n/a Average office wait time. View the map. 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 Lung Pai is a Chinese-American businessman. . 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.[29][30]. At the time, the price averaged $53.78 per share. 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. (Photo By Hyoung Chang/The Denver Post via Getty Images). 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. The lot is 8157 square feet, the land value of which is assessed at writeCurrency("120000");. 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. Lou Pai lucked out because his marriage unraveledbefore Enron itself did. Lou began offloading his company shares to satisfy his divorce settlement agreement on May 18, 2001. He earned a master's . Appointments & Locations. He appears to be quite tall in stature if his photos, relative to his surroundings, are anything to go by. 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. Skilling put Pai in charge of multiple Enron subsidiaries during his Enron career. Lou paimiddleburg, VAReputation Score: 2.50/5Alert: Court Records. 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. Pai was a founder and is a former chairman of Element Markets, a renewable-energy consulting firm. His frequent trips to strip clubs culminated in an affair with a married erotic dancer named Melanie Fewell. Lou pai the luckiest enron executive. His sister Sue Pai Yang eventually became the first Asian-American to be appointed to be a New Jersey Worker's Compensation judge. Since then, Pai has emerged as a partner at Midstream Capital Partners LLC. The Wellington Aquatics Complex spray ground is closing for maintenance on Sunday, February 26th and will remain closed through Monday, March 6th. Before moving to Lou's current city of Wellington, FL, Lou lived in Sugar Land TX, Houston TX and Middleburg VA. Pai obtained both his B.S. 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. Among the ventures he is considering is an idea he . 21,816 views 9.5 (2 votes) Categories. [10] After the divorce, Pai and Fewell married. 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. His brother is Sue Pai Yang, the first Asian American to be appointed New Jersey Compensation Judge. 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. Ex-Enron boss Lou Pai pays $8M for Wellington equestrian estate - NewsBreak 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. Lou Lung Pai is a Chinese language-American businessman. 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. Lou stands at an average height. 4. Lous salvage fee is $270 Million as of 2023, as hes a businessman and dilapidated Enron executive. 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. Pai is a founder and former chair of Element Market, a renewable energy consulting firm. In response to his starting up date, Lou is 75 years frail now. After the divorce from Lanna, Lou, and Melanie Fewell married. Ans. 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. They have also lived in Wilmington, DE and Houston, TX. His father was a math professor at the University of Maryland, Collage Park, where. Born in Nanjing, China, he emigrated with his parents to the United States when he was 2. Lou Pai is the real mystery man in the Enron scandal. Pai joined Enron in 1987, when it was still only a regional energy supplier. Pai's Colorado ranchland included the 14,047-foot mountain Culebra Peak. Pai worked for the federal government in the 1970s before joining Enron. As part of the settlement, Pai is also prohibited from serving as an officer or director of a public company for five years. Phone: 561-791-4000 or 561-363-7905. Lou Pai is 75 years old and was born on 06/23/1947. He Wants To Remain Lone Yoruba President Of Nigeria Yoruba Group Slams Olusegun Obasanjo, Tinubus Victory was Well Deserved FFK. Access agendas, minutes, meeting information, and member details. 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". Background Report for Lou L. Pai After the divorce, Pai and Fewell got married. 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. Facebook gives people the power to share and. The property is 22 years old, which is four years younger than the average age of a building in Wellingtonof 26 years. 48 LIPTON LN Despite being married, Pai is known: spending a lot of time during and after business hours at Houston's regional clubs; use Enron jet for personal travel; and, cost several hundred dollars lunch for himself and accompany the staff to the company's expense account (until Chairman Ken Lay later forbade it). Lou Pai earned his net worth through his tenure serving as the CEO of Enron Energy Services and Enron Xcelerator, a venture capital division of Enron. WILLISTON PK, NY 11596, CHRISPIN CARLO S MD48 LIPTON LNWILLISTON PK, NY 11596, changed from 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. Floodplain Management. After graduating he went to work for the Federal government. Lou Pai is a Chinese-American businessman and mathematical genius who has a net worth of $200 million. 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. All 45 square miles are meticulously maintained by the Village and residents alike. Knocking up random strippers is clearly the key to financial success . Pai was CEO of EES (Enron Energy Services) subsidiary from March 1997, until May 2001. 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. Colorado Pai farms include 14,047 foot mountains, Culebra Peak. Lou Pai settled with the SEC over charges of insider trading. Pai and his wife, Melanie, bought. and M.S. 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. . Lous sister is Sue Pai Yang, the first Asian American appointed to be a New Jersey Workers Compensation judge. As part of the settlement, Pai was also barred from serving as an officer or director of a public company for five years. Pai came to the United States aged two years. Search for "PAI LOU L &" in Florida's Voter Registry. 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. Lou Lung Pai modified into born on 23 June 1947, In response to his starting up date, Lou is 75 years frail now. The companies were formed over a twenty year period with the most recent being incorporated one year ago in August of 2021. They then moved from Sugarland, Texas, to Middleburg, Virginia, and opened the second Canaan Ranch there, but in 2014 it was for sale. [21][22] Since then, Pai has emerged as a partner in Midstream Capital Partners LLC. As of 2019, the city had a population of 65,398 according to U.S. Census Bureau estimates, making it t. During Enron's career, Skilling placed Pai in charge of several Enron subsidiaries. Wellington's main governing body is the Village Council. 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. We make no guarantees on the validity of the data presented. [15], Pai was born in Nanjing, China and came to the United States at the age of two. Ans. 11,500 sqft Florida beach mansion of the Dallas Cowboys owner. [4], His sister is Sue Pai Yang,[17] the first Asian American appointed to be a New Jersey Workers' Compensation judge. He modified into CEO of Enron Vitality Products and providers. 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. In 2014 he had to sell the ranch and moved to Wellington, Florida. Skilling impressed Enron's CEO Kenneth Lay and was hired away in 1991. All net worths are calculated using data drawn from public sources. The house was sold for $365,000 on Feb 1, 2016. The affair resulted in a pregnancy. Lou has a net worth of $270 million as of 2021. At that time, the average price was $ 53.78 per share. He died of a heart attack on July 5, 2006, before his sentencing. 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. This includes his assets, money, and income. Type above and press Enter to search. Population: 61,637 (2020) and M.S. Recently, Pai and his family moved to Wellington, Florida. Jay graduated from Lake Worth High School, Class of 81. Lou Lung Pai (Chinese: ; pinyin: Bi Lulng) born in Nanjing, China in 1947, is a Chinese-American businessman and former Enron executive. 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. Ans. also known as Lou L Pai Lou Pailou. I want to know why his divorce settlement specified that he had to have an affair with a stripper. Lou is alive and in good health. 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 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. Sat, Mar 4, 2023 10:00 AM PST + 23 more events. [19], Pai was a founder and is a former chairman of Element Markets, a renewable-energy consulting firm. In this blog, youll uncover about Lou Pai (Chinese language-American Businessman) Wiki, Procure Rate 2023, Age, Family, Wife, Children & More. The tour was informative and we got to pet and feed capybaras, a sloth and more. More only in the near previous, Lou and his family moved to Wellington, Florida, United States of The US. Lou was born in 1947, in Nanjing, China, and came to the United States at the age of 2 years. [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. And love. Not only hooked up but knocked up which is why his wife divorced him. Lost Pet. Pai was born in Nanjing, China and came to the United States at the age of two. Lou Pai was known to spend inordinate amounts of time during and after working hours in Houston-area strip clubs even though he was married. Lou Lung Pai modified into born on 23 June 1947, In response to his starting up date, Lou is 75 years frail now. 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 would soon be one of Skilling's top lieutenants and was put in charge of many key Enron projects and subsidiaries. [13] His neighbors reportedly referred to the ranch as "Mount Pai". Pai joined Enron in 1987, when it was still just a regional energy supplier. as well as M.S. Pai, a 54-year-old U.S. citizen from Nanjing, China, quit the company last June. [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". Website: Wellington Amphitheater. and M.S. Alzheimer's Disease & Dementias. Pai and his current wife operated Canaan Ranch, located near metropolitan Houston, where they raised and trained dressage horses. From March 1997 until May 2001 Pai was CEO of the EES (Enron Energy Services) subsidiary. Lou left Enron Corporation with more than $250 million. Feb 11. 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. It's a downgrade, . Helpful Links. In the year 1987, he joined Enron when it was just a regional energy supplier. Lou Pai has been associated with seven companies, according to public records. 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". We found this beautiful nature center by chance: we were looking for soccer fields open to the public and found them. The reason for his resignation from Enron remains shrouded in mystery. They are especially involved in the Olympic sport of dressage. Lou Pai was a recluse.Extremely introverted.Very reserved.That is.inside the office.Outside the office.Pai symbolised the legendary lavishness and excess. This early sell-off of Enron stock had the fortuitous benefit of shielding Pai from the same insider trading charges leveled against other Enron executives (who had also secretly sold-off large amounts of stock, before the companys ruinous finances were publicly known). Buildings > Homes - Celebrity - Sports - Football; Collections. Word of Pai's strip club antics and expense account soon reached all the way up to Ken Lay, who was forced to issue a directive that strippers and strip club tabs could no longer be expensed. Join Facebook to connect with Lou Pai and others you may know. Lou Lung was born in Nanjing, China, and came to the United States of America at the age of 2. Also, Read About:- Sarah Herron Age, Fiance. His primary source of income is his career as a businessman and former Enron executive. However, details regarding his actual height and other body measurements are currently not publicly available. July 30,2008, 2008 -- A former top executive of collapsed EnronCorp. WELLINGTON, FL 33449, PAI LOU L &11164 MARINA BAY RDWELLINGTON, FL 33449, changed from Guided Meditation. 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 H-08-CV-2338 [Complaint]", "U.S. Securities and Exchange Commission v. Lou L. Pai, Civil Action No. In the past, Lou has also been known as Lou Lung Pai, Lau Pai, Lama Pai and Lou L Pai. 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. 10101 Forest Hill Blvd, Wellington, FL, 33414 . 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. After the divorce, Pai and Fewell married. [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 Lung was born in Nanjing, China, and came to the United States of America at the age of 2. Lou obtained both his B.S. [9], Pai and Fewell together operated Canaan Ranch, located near metropolitan Houston, where they raised and trained dressage horses. Since then, Pai has emerged as a partner in Midstream Capital Partners LLC. She is now known as Melanie Pai. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. Lous sister is Sue Pai Yang, she is the 1st Asian American appointed to be a Fresh Jersey Workers Compensation determine. Lou Lung Pai (Chinese: ; pinyin: Bi Lulng) (born 23 June 1947) is a Chinese-American businessman and former Enron executive. Press Esc to cancel. A former executive of the energy trading firm, he cashed in an estimated $270 million in stock and left the company before it . Lou Pai was born in Nanjing, China in 1946 and moved to the United States with his family at the age of two. Pai and his wife currently operate Canaan Ranch, located near metropolitan Houston, where they lift and train horses in the locker room. 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 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. During his Enron career, Skilling put Pai in charge of multiple Enron subsidiaries. Sign in Home Local Headlines Coronavirus Original Recommend Entertainment Entertainment Celebrities TV & Videos Music Movies Here are some interesting facts and body measurements you should know about Lou Pai. 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. He was eventually brought up on some insider trading charges. There have been no reports of him being sick or having any health-related issues. 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. A math prodigy from a very young age, Lou eventually earned Bachelor's Degree and Masters Degree in economics from the University of Maryland. 1. 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. Background. 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. In 1987 Lou Pai left the SEC to take a job at Enron, which at the time was little-known regional energy supplier. and M.S. After the divorce from his first wife was finalized Lou Pai did end up marrying the exotic dancer he impregnated, Melanie Fewell. Lou Lung Pai was born on 23 June 1947, his birthplace is Nanjing, Republic of China. It is one of the largest settlements in the history of the SEC's enforcement program dealing with an individual for alleged insider trading. Lou was the 2nd-largest land owner in Colorado (Western United States). Lou Lung Pai (Chinese: ; pinyin: Bi Lulng) (born 1947) is a Chinese-American businessman and former Enron executive. related . 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. Original SportsCenter anchor Lou Palmer died of lung cancer Oct. 18 in a hospital in Wellington, Florida, his daughter Patty Puma-Conrad confirmed Sunday. APC Tells Peter Obi, Atiku Abubakar What To Do as INEC has Declared winner. Lou Lung Pai is a Chinese language-American businessman. 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. On this Wikipedia the language links are at the top of the page across from the article title. It was later revealed that he had been using Enron's corporate jet for personal commuting but the true reason for his departure may have been related to an extramarital affair with a stripper. There 1. Wellington FL, 33414. Animal Nuisance. Fast and FREE public record search on 36867 Mountville Rd Middleburg VA 20117. [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. He left Enron with over $280 million. Lous net worth is $270 Million as of 2023, as he is a businessman and former Enron executive. 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. 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. in economics from the . Pais resignation from Enron and his reasons for doing so remain shrouded in mystery. Press J to jump to the feed. 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. At this time, future-CEO Jeffrey Skilling was working closely with Enron as a consultant for McKinsey. Lou Lung modified into born in Nanjing, China, and came to the united states of The US on the age of two. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. 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. PAI LOU L & Guided Meditation. They have three children. Four of the companies are still active while the remaining three are now listed as inactive. They would have two children before divorcing in 2000. Dr. Singer's office is located at 10115 Forest Hill Blvd., Wellington, FL. In May 2001, Lou Pai suddenly stepped down from Enron. Overview. 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. Lovely Mimi New Boyfriend Bio, Wiki, Age, Arrest, Husband, Divorce, Kids Net Worth. Lou and Melanie Pai are still married today. Stay tuned for more updates on LatestinBollywood. [2] In this blog, youll read about Lou Pai (Chinese-American Businessman) Wiki, Net Worth 2023, Age, Family, Wife, Children & More. During his time at the now-defunct energy company, Pai was often referred to as "the invisible CEO.". Urologists specialize in the male and female urinary tract and. PAI LOU L & Lou served in the federal authorities in the Seventies sooner than becoming a member of Enron Company. He is one of the few former Enron executives who ended up with a massive fortune. 10115 Forest Hill Blvd Ste 100, Wellington, FL, 33414 . He obtained both his B.S. 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