Lou worked for the federal government in the 1970s before joining Enron. He modified into CEO of Enron Vitality Products and providers. He left Enron with over $280 million. He was CEO of Enron Energy Services. 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. Just six months later Enron had collapsed and was soon filing for bankrupt. Lou is alive and in good health. Lou and Melanie Pai are still married today. 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. FREE Background Report & Reputation Score (4.28) for Melanie Pai in Wellington, FL. 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 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 . 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. 2590 Cooper Way, Wellington, FL 33414 MEARS REALTY GROUP, LLC. 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. 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. Pai also allegedly brought strippers back to Enron's offices for late night parties. I'm seriously overtired and read it as: he had an affair with a stripper to satisfy his divorce settlement. 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. 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. Pai came to the United States aged two years. We will update this section once this information is available. Subscribe and get full access to Ground News. 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. [2][10] At the time, the price averaged $53.78 per share. [21][22] Since then, Pai has emerged as a partner in Midstream Capital Partners LLC. Lou Lung Pai is a Chinese language-American businessman. Pai and Fewell raised and trained dressage horses on Canaan Ranch, located near metropolitan Houston. 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 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. 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. 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. 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. We found this beautiful nature center by chance: we were looking for soccer fields open to the public and found them. Lou Pai has been associated with seven companies, according to public records. [19], Pai was a founder and is a former chairman of Element Markets, a renewable-energy consulting firm. Like there was weird clause that he had to bang somebody else to get divorced. Former Enron CEO Jeffrey Skilling is looking at ways to return to the energy business, according to two sources familiar with his activities. He left Enron with over $280 million. His brother is Sue Pai Yang, the first Asian American to be appointed New Jersey Compensation Judge. She is now known as Melanie Pai. Upon knowing of the affair, Lous then-wife of more than 20 years, Lanna, with whom he has 2 biological children, filed for divorce. 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. They have also lived in Wilmington, DE and Houston, TX. Ans. Sandy beaches give way to greener pastures for horse lovers in Wellington. 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. Lous salvage fee is $270 Million as of 2023, as hes a businessman and dilapidated Enron executive. Wellington Regional Medical Center. Lou obtained both his B.S. Guided Meditation. Lou left Enron Company with more than $250 million. During Enron's career, Skilling placed Pai in charge of several Enron subsidiaries. Press J to jump to the feed. After the divorce from Lanna, Lou, and Melanie Fewell married. 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. 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. 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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 He was eventually brought up on some insider trading charges. The house was sold for $365,000 on Feb 1, 2016. H-08-2338 (SDTX)", "Dr. Shih-I Pai, 82, Researcher Who Advanced Aerodynamics", "Who We Are: Board of Directors: Hon. 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. At some point in the mid-1970s through 1986 Lou worked for the Securities Exchange Commission. Lou Pai from Wellington FL, Melanie Pai. Find event details at wellingtonclassicbrewfest.com. Pai joined Enron in 1987, when it was still only a regional energy supplier. 48 LIPTON LN WELLINGTON, FL 33449, PAI LOU L &11164 MARINA BAY RDWELLINGTON, FL 33449, changed from More only in the near previous, Lou and his family moved to Wellington, Florida, United States of The US. Went to work . PAI LOU L & Lou Pai and Jeff Skilling quickly bonded and rose the ranks of Enron over the next decade. 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. Our Doctors. Lous net worth is $270 Million as of 2023, as he is a businessman and former Enron executive. More recently, Pai and his family have moved to Wellington, Florida.[29][30]. In 1976 Lou married his first wife Lanna. 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. Website: Wellington Amphitheater. Super Capron Funk age: biography, Wiki, age, height, family, parents, net worth, Ray Liotta cause of death autopsy: disease, laugh meme, wild hogs, Share This Post On WhatsApp, Facebook, Twitter, Instagram & Telegram. 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. 1. Lou was born in 1947, in Nanjing, China, and came to the United States at the age of 2 years. 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. Our new Privacy Policy will go into effect on January 1st, 2023. Not only hooked up but knocked up which is why his wife divorced him. View the map. Another exciting thing to do while in Wellington is to enjoy a sumptuous brunch; not just any brunch though, but one with horses. Skilling impressed Enron's CEO Kenneth Lay and was hired away in 1991. Wellington's main governing body is the Village Council. The fact of the matter is Trump listened to Fauci throughout all of 2020. Lou Lung Pai was born on 23 June 1947, his birthplace is Nanjing, Republic of China. Since then, Pai has emerged as a partner in Midstream Capital Partners LLC. Ans. Weston & Indian River 877.463.2010. Louis Jay Miller II. Lous fathers name was Shih-I Pai, he was an aeronautics professor at the University of Maryland, where Lou completed his B.S. Lou Pai lucked out because his marriage unraveledbefore Enron itself did. Austin Krajicek Wiki, Age, Biography, Parents, Wife, Ethnicity, Height, Net Worth & More, Lou Lung Pai is a Chinese language-American businessman. Also, Read About:- Sarah Herron Age, Fiance. 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. 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. He is Chief Executive Officer of Kynetic, the direct src: c8.alamy.com Lou Lung Pai (Chinese: ??? Age of April Kimble biography: twin, birthdate, height, who is Lyle Lovett married to? PAI LOU L & Dej Enron seis meses antes de que colapsara a fines de 2001, embolsndose ms de US$265 millones por el ejercicio de las opciones de Enron y la venta de acciones. The reason for his resignation from Enron remains shrouded in mystery. [12], Despite a reputation for being extremely introverted, taciturn, and reclusive around the office, Pai also came to symbolize the legendary lavishness and excesses of Enron's corporate culture. Lou is 74 years old as of 2021, he was born in1947, in Nanjing, China. Floodplain Management. The family settled in Maryland where his father landed a job as a professor of aeronautics at the University of Maryland, College Park. 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. It is one of the largest settlements in the history of the SEC's enforcement program dealing with an individual for alleged insider trading. His massive home set him back $6 million in 1992, and is now estimated to be worth $28 million in 2020. 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. Lou stands at an average height. I remember reading that other top Enron execs bought huge houses in Florida before the . and M.S. On this Wikipedia the language links are at the top of the page across from the article title. Stay tuned for more updates on LatestinBollywood. There have been no reports of him being sick or having any health-related issues. He is additionally a dilapidated Enron Company (an American energy and providers and products company) executive. PAI LOU L &1707 POST OAK BLVD # 484HOUSTON, TX 77056, changed from 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. In 1987 Lou Pai left the SEC to take a job at Enron, which at the time was little-known regional energy supplier. Pai earned both B.S. Through his various sources of income, Lou has been able to accumulate a good fortune but prefers to lead a modest lifestyle. 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 . [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. OLD WESTBURY, NY 11568. Lou Pai is 75 years old and was born on 06/23/1947. Search for "PAI LOU L &" in Florida's Voter Registry. Pai obtained both his B.S. Turns out sometimes there is sex in the champagne room. Here are some interesting facts and body measurements you should know about Lou Pai. Lovely Mimi New Boyfriend Bio, Wiki, Age, Arrest, Husband, Divorce, Kids Net Worth. Lou Pai is a Chinese-American businessman and mathematical genius who has a net worth of $200 million. 3.0 Office cleanliness. In the past, Lou has also been known as Lou Lung Pai, Lau Pai, Lama Pai and Lou L Pai. Pai was CEO of the EES (Enron Energy Services) subsidiary from March 1997 until May 2001. Well hold on now, lets also add to the point that you should be rich first. 10115 Forest Hill Blvd Ste 100, Wellington, FL, 33414 . [18], Pai joined Enron in 1987, when it was just a regional energy supplier. Lou Pai was a recluse.Extremely introverted.Very reserved.That is.inside the office.Outside the office.Pai symbolised the legendary lavishness and excess. 2. His birthday is publicly not available. 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). 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 sold out approximately $250 million of his Enron stock to satisfy the financial terms of his divorce settlement. Kon Hai Alakh Pandey aka Physics Wallah Wife Shivani Dubey? In this blog, youll uncover about Lou Pai (Chinese language-American Businessman) Wiki, Procure Rate 2023, Age, Family, Wife, Children & More. This includes his assets, money, and income. Get contact info for current residents, including phone, email & criminal records. 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 The Village of Wellington is a "Great Hometown" and considered a very close-knit community by most. 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. Wellington FL, 33414. After the divorce, Pai and Fewell married. and M.S. Wellington Classic Brewfest is HAPPENING NOW at Town Center! [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. is paying $31.5 million to settle charges that . 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. [4], His sister is Sue Pai Yang,[17] the first Asian American appointed to be a New Jersey Workers' Compensation judge. in economics from the University of Maryland, College Park. 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. [2] He left Enron with over $250 million. Sign in Home Local Headlines Coronavirus Original Recommend Entertainment Entertainment Celebrities TV & Videos Music Movies With approximately 65,000 residents Wellington is the 5th largest municipality in Palm Beach County by population. At this time, future-CEO Jeffrey Skilling was working closely with Enron as a consultant for McKinsey. Pai's Colorado ranchland included the 14,047-foot mountain Culebra Peak. [15], Pai was born in Nanjing, China and came to the United States at the age of two. Come visit us at one of our lululemon stores. Diagnostic & Testing. 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. The reasons for his resignation from Enron remain shrouded in mystery. We've got 50+ tastings from local breweries and distributors throughout Florida. Lou has a net worth of $270 million as of 2021. He is one of the few former Enron executives who ended up with a massive fortune. In total he sold 100% of his stake, 911,715 shares. At the time, the price averaged $53.78 per share. Posted by Lou Pai on 2/19/23 at 9:09 am to jbdawgs03. That you should be rich first American to be worth $ 28 million in.. There have been no reports of him being sick or having any health-related issues, DE and Houston TX! 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