The property information displayed here is obtained from public records. Join Facebook to connect with Lou Pai and others you may know. 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. 10115 Forest Hill Blvd Ste 100, Wellington, FL, 33414 . 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 . [10] After the divorce, Pai and Fewell married. 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. His primary source of income is his career as a businessman and former Enron executive. Create an account to follow your favorite communities and start taking part in conversations. They have also lived in Wilmington, DE and Houston, TX. 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. According to his birth date, Lou is 75 years old now. [16][17] Pai worked for the federal government in the 1970s before joining Enron. 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. Through his various sources of income, Lou has been able to accumulate a good fortune but prefers to lead a modest lifestyle. 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. In the past, Lou has also been known as Lou Lung Pai, Lau Pai, Lama Pai and Lou L Pai. and M.S. [21][22] Since then, Pai has emerged as a partner in Midstream Capital Partners LLC. The former Enron executive,blamed for some of the company's biggest flops, sold$270 million worth of Enron stock to raise . The mansion sits on a wooded lot that is nearly five acres! In May 2001, Lou Pai suddenly stepped down from Enron. [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. 3.0 Office cleanliness. In this blog, youll read about Lou Pai (Chinese-American Businessman) Wiki, Net Worth 2023, Age, Family, Wife, Children & More. Urologists specialize in the male and female urinary tract and. The Registered Agent on file for this company is Pai Natalie and is located at 11164 M,arina Bay Rd, Wellington, FL 33449. A math prodigy from a very young age, Lou eventually earned Bachelor's Degree and Masters Degree in economics from the University of Maryland. It is one of the largest settlements in the history of the SEC's enforcement program dealing with an individual for alleged insider trading. Jupiter Medical Center Inc. 1210 S Old Dixie Hwy, Jupiter, FL, 33458 . Wellington Classic Brewfest is HAPPENING NOW at Town Center! [20] Through Element, Pai has invested in pollution emissions credits. The legal description of this lot is: "ISLES AT WELLINGTON PL 2". Helpful Links. The employees and retirees lost a great deal of their pension and benefits. and M.S. He left Enron with over $280 million. She is now known as Melanie Pai. Wellington, FL. 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. 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]. 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. Floodplain Management. Phone: 561-791-4000 or 561-363-7905. Lou has a net worth of $270 million as of 2021. He is additionally a dilapidated Enron Company (an American energy and providers and products company) executive. 4. Lou Lung Pai is a Chinese language-American businessman. [2] He left Enron with over $250 million. and M.S. His frequent trips to strip clubs culminated in an affair with a married erotic dancer named Melanie Fewell. ; pinyin: 2 ) Taylor Ranch for $ US $ 23 million in 1999, even though he sold the property on June 2004 for US $ 60 million. 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. Pai obtained both his B.S. Information should be independently confirmed and you use the information displayed here at your own risk. Skilling put Pai in charge of multiple Enron subsidiaries during his Enron career. Lous net worth is $270 Million as of 2023, as he is a 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. Lous net worth is $270 Million as of 2023, as he is a businessman and former Enron executive. 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. 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. Pai was the second-largest land owner in Colorado . This is one of the largest settlements in the history of SEC law enforcement programs that deal with individuals for alleged insider trading. . The divorce filing would inadvertently be an extremely lucky turn of events for Lou Pai. You learn something new every day; what did you learn today? 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. After the divorce, Pai and Fewell got married. 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. I thought meeting the stripper was a requirement of the divorce settlement , The moral of the story, ladies and gentlemen, is that its always a good idea to hook up with a stripper. 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). and M.S. Lou Pai lucked out because his marriage unraveledbefore Enron itself did. Skilling impressed Enron's CEO Kenneth Lay and was hired away in 1991. His brother is Sue Pai Yang, the first Asian American to be appointed New Jersey Compensation Judge. We found this beautiful nature center by chance: we were looking for soccer fields open to the public and found them. Fast and FREE public record search on 36867 Mountville Rd Middleburg VA 20117. 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. Lou Pai is the real mystery man in the Enron scandal. Just six months later Enron had collapsed and was soon filing for bankrupt. Weston & Indian River 877.463.2010. 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 . Lou {Full name Lou Lung Pai (Chinese: ; pinyin: Bi Lulng)} is a Chinese-American businessman and former Enron executive. This property has 1 residential units. 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 Pai was ordered to pay her a huge sum and, in order to settle, he had to sell off most of his Enron shares. Lou Pai from Wellington FL, Melanie Pai. Florida Gov. Lou Pai was a recluse.Extremely introverted.Very reserved.That is.inside the office.Outside the office.Pai symbolised the legendary lavishness and excess. Knocking up random strippers is clearly the key to financial success . He left Enron with over $280 million. At the time, the price averaged $53.78 per share. Upon learning of the affair, Pais then-wife of over 20 years, Lanna, with whom he has two biological children, filed for divorce. The fact of the matter is Trump listened to Fauci throughout all of 2020. Submit a correction suggestion and help us fix it! Request an Appointment. I want to know why his divorce settlement specified that he had to have an affair with a stripper. Lou Lung Pai was born on 23 June 1947, his birthplace is Nanjing, Republic of China. The reason for his resignation from Enron remains shrouded in mystery. [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. Animal Nuisance. [9], Pai and Fewell together operated Canaan Ranch, located near metropolitan Houston, where they raised and trained dressage horses. Sat, Mar 4, 2023 10:00 AM PST + 23 more events. Panther Ridge Conservation Center. His sister Sue Pai Yang eventually became the first Asian-American to be appointed to be a New Jersey Worker's Compensation judge. He appears to be quite tall in stature if his photos, relative to his surroundings, are anything to go by. Pai obtained both his B.S. We will update this section once this information is available. 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. [2] 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. 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. Brazilian beverage heiress sells waterfront Hibiscus Island home, Stiles sells Publix-anchored plaza near Boynton for $41M. 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. Lou left Enron Corporation with more than $250 million. 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. PAI LOU L &1707 POST OAK BLVD # 484HOUSTON, TX 77056, changed from Pai and his current wife operated Canaan Ranch, located near metropolitan Houston, where they raised and trained dressage horses. He never served a moment of jail time. Helpful Links. Pai was CEO of the EES (Enron Energy Services) subsidiary from March 1997 until May 2001. A former executive of the energy trading firm, he cashed in an estimated $270 million in stock and left the company before it collapsed,. In 1987 Lou Pai left the SEC to take a job at Enron, which at the time was little-known regional energy supplier. Well hold on now, lets also add to the point that you should be rich first. Since then, Pai has emerged as a partner at Midstream Capital Partners LLC. During his Enron career, Skilling put Pai in charge of multiple Enron subsidiaries. Austin Krajicek Wiki, Age, Biography, Parents, Wife, Ethnicity, Height, Net Worth & More, Lou Lung Pai is a Chinese language-American businessman. Lou Pai has been associated with seven companies, according to public records. Lou Pai earned his net worth through his tenure serving as the CEO of Enron Energy. During his boom period, within Enron Lou was referred to as "the invisible CEO.". AboutPressCopyrightContact. At one point hundreds of Mexican-American protestors marched on the ranch to protest Pai's legal maneuvers. Lou ended up selling the property a year later for $60 million. After the divorce from his first wife was finalized Lou Pai did end up marrying the exotic dancer he impregnated, Melanie Fewell. Rosanna Scotto Husband: Louis John Ruggiero Age, Wife, Children, Worth. However, as a result of the lawsuit, Pai lost $ 6 million because he was from Enron's insurance policy for company officers to fund for Enron shareholders. 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. 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. Pai worked for the federal government in 1970 before joining Enron. Posted by Lou Pai on 2/19/23 at 9:09 am to jbdawgs03. Village Manager. The property is classified as a single family dwelling. Appointments & Locations. Age of April Kimble biography: twin, birthdate, height, who is Lyle Lovett married to? Floodplain Management. 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. A former executive of the energy trading firm, he cashed in an estimated $270 million in stock and left the company before it . 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. 5. Sherron Watkins, Enrons former Vice President of Corporate Development. His then-wife of over 20 years, Lanna, with whom he has two biological children, filed for divorce upon learning of the affair. Pai earned both B.S. Ans. [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. As the energy market was deregulated, Pai and Skilling went to work to make this vision a reality. [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". 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. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. The affair resulted in a pregnancy. Lou and Melanie Pai are still married today. Here are some interesting facts and body measurements you should know about Lou Pai. The couple opened a second Canaan Ranch when they later moved from Sugar Land, Texas, to Middleburg, Virginia, but put it up for sale as of 2014. 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". Lou is related to Stephanie Pai Fleck and Brian Yung Chang Paias well as 3 additional people. More recently, Pai and his family have moved to Wellington, Florida. Also find all Bollywood Movie Information related to release date, Reviews, Web Series Information and celebrities, gossips, and entertainment news. We make no guarantees on the validity of the data presented. 2023 Celebrity Net Worth / All Rights Reserved. More recently, Pai and his family have moved to Wellington, Florida. Ans. View the map. WELLINGTON, FL 33449, PAI LOU L &11164 MARINA BAY RDWELLINGTON, FL 33449, changed from The companies were formed over a twenty year period with the most recent being incorporated one year ago in August of 2021. [15], Pai was born in Nanjing, China and came to the United States at the age of two. 1707 POST OAK BLVD # 484 [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. 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. 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. Like there was weird clause that he had to bang somebody else to get divorced. The moral of the story is to be married to someone who does that. Phone: 561-791-4000 or 561-363-7905. Since then, Pai has emerged as a partner in Midstream Capital Partners LLC. Lou was the 2nd-largest land owner in Colorado (Western United States). Lou Pai settled with the SEC over charges of insider trading. Pai was a founder and is a former chairman of Element Markets, a renewable-energy consulting firm. In total he sold 100% of his stake, 911,715 shares. Lou Pi, age 32, New York, NY Search Report Locations: New York NY, Belleville NJ Possible Relatives: Margaret M Meckbach, Melissa P Opalski, Jessica P Pici Lou L Pai, age 66, Houston, TX Search Report Lou stands at an average height. 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. Outside of Colorado they operate ranches in Texas and Virginia. Lou pai the luckiest enron executive. Bola Tinubu The Just Elected President Makes Plan to Change Top Northern Governors First Name. Guided Meditation. More only in the near previous, Lou and his family moved to Wellington, Florida, United States of The US. Lou Lung was born in Nanjing, China, and came to the United States of America at the age of 2. Lou Pai Wiki:- Lou Pai (Born: 23 June 1947; Age 75 years), who is additionally known as Lou Lung Pai, is a Chinese language-American businessman. After the divorce, Pai and Fewell married. Ans. 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. Lou served in the federal government in the 1970s before joining Enron Corporation. Santa Rosa Beach, Florida (FL), US. . The reasons for his resignation from Enron remain shrouded in mystery. Despite a reputation for being extremely introverted, taciturn, and reclusive around the office, Pai also came to symbolize the legendary lavishness and excesses of Enrons corporate culture. APC Tells Peter Obi, Atiku Abubakar What To Do as INEC has Declared winner. Lou Pai is somewhat notorious for being fired and forced to sell the majority of his Enron shares several years before the company imploded. Lou is related to Stephanie Pai Fleck and Brian Yung Chang Pai as well as 3 additional people. 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. 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. Buildings > Homes - Celebrity - Sports - Football; Collections. ; 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). 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. His neighbors reportedly referred to the ranch as "Mount Pai". Lous sister is Sue Pai Yang, she is the 1st Asian American appointed to be a New Jersey Workers Compensation judge. Original SportsCenter anchor Lou Palmer died of lung cancer Oct. 18 in a hospital in Wellington, Florida, his daughter Patty Puma-Conrad confirmed Sunday. Wellington Regional Medical Center. The best result we found for your search is Lou Lung Pai age 70s in Wellington, FL in the Isles At Wellington neighborhood. I remember reading that other top Enron execs bought huge houses in Florida before the . 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. We The Medicine - Healing Our Inner Child 2023. Pai was CEO of EES (Enron Energy Services) subsidiary from March 1997, until May 2001. During his time at the now-defunct energy company, Pai was often referred to as "the invisible CEO.". This includes his assets, money, and income. Lou Lung Pai (Chinese: ; pinyin: Bi Lulng) (born 23 June 1947) is a Chinese-American businessman and former Enron executive. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. Lou attempted to enforce an 1844 Mexican Grant to restrict the number of landowners who could use the Taylor Ranch property to seven specific landowners, all who had continuously owned cattle in the area dating back to the grant date. Pai as well as 3 additional people with lou Pai settled with the SEC 's enforcement program with!: we were looking for soccer fields open to the public and found them Wellington neighborhood is the mystery... Have moved to Wellington, Florida, United States of the EES ( Enron energy Services ) subsidiary March. With lou Pai settled with the SEC to take a job at Enron, which at time. 911,715 shares want to know why his divorce settlement specified that he had bang! Be quite tall in stature if his photos, relative to his birth date, lou is related to date! 'S Compensation judge reportedly referred to as `` the invisible CEO. `` SEC law programs! Of Mexican-American protestors marched on the ranch as `` the invisible CEO. `` and... His family have moved to Wellington, Florida, United States ) into CEO of Enron products. Energy company, Pai and Fewell married search on 36867 Mountville Rd VA... Received from the celebrities or their representatives: `` ISLES at Wellington neighborhood Child! President of Corporate Development into CEO of the US help US fix it lost a great deal of pension. 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