Pai, a 54-year-old U.S. citizen from Nanjing, China, quit the company last June. Not only hooked up but knocked up which is why his wife divorced him. After all, if you can buy up all the shares being sold then the price doesn't fall. He left Enron with over $250 million. Florida Gov. He modified into CEO of Enron Vitality Products and providers. Outside of Colorado they operate ranches in Texas and Virginia. Join Facebook to connect with Lou Pai and others you may know. Both their Texas and Virginia ranches are called Canaan Ranch. Local time: 4:08 PM 2/28/2023. 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. . She is now known as Melanie Pai. 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". Wellington FL, 33414. HOUSTON, TX 77056. Pai came to the United States aged two years. This property has 1 residential units. Austin Krajicek Wiki, Age, Biography, Parents, Wife, Ethnicity, Height, Net Worth & More, Lou Lung Pai is a Chinese language-American businessman. 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. . 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. More recently, Pai and his family have moved to Wellington, Florida. Find the latest Bollywood News and Celebrity Gossips from Latest In Bollywood. Request an Appointment. ADHD and Women: Misunderstood, Misdiagnosed & Moving Forward for Change. Pai was born in Nanjing, China and came to the United States at the age of two. Pai and his family then have moved to Wellington, Florida where they live. [2] Lou Pai is 75 years old and was born on 06/23/1947. Some locals called the 14,000 square-foot mountain, that was the crown jewel of the property, "Mount 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. 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. 21,816 views 9.5 (2 votes) Categories. Pai obtained both his B.S. In 1987 Lou Pai left the SEC to take a job at Enron, which at the time was little-known regional energy supplier. Lou {Full name Lou Lung Pai (Chinese: ; pinyin: Bi Lulng)} is a Chinese-American businessman and former Enron executive. It's a downgrade, . Lous sister is Sue Pai Yang, the first Asian American appointed to be a New Jersey Workers Compensation judge. [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. Fast and FREE public record search on 36867 Mountville Rd Middleburg VA 20117. The affair resulted in a pregnancy. Guided Meditation. is paying $31.5 million to settle charges that . Pai is a founder and former chair of Element Market, a renewable energy consulting firm. [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. "United States Securities and Exchange Commission v. Lou L. Pai, Civil Action NoH-08-CV-2338", "United States Securities and Exchange Commission v. Lou L. Pai, Civil Action No. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. Lou left Enron Corporation with more than $250 million. Lou Lung modified into born in Nanjing, China, and came to the united states of The US on the age of two. Sun, Feb 26, 2023 9:30 AM PST. And love. FREE Background Report & Reputation Score (4.28) for Melanie Pai in Wellington, FL. Lou Pai was born in Nanjing, China in 1946 and moved to the United States with his family at the age of two. Recently, Pai and his family moved to Wellington, Florida. [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. 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 was a founder and is a former chairman of Element Markets, a renewable-energy consulting firm. 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 . 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 . Lou served in the federal authorities in the Seventies sooner than becoming a member of Enron Company. This includes his assets, money, and income. Age of April Kimble biography: twin, birthdate, height, who is Lyle Lovett married to? Lou Pai is the real mystery man in the Enron scandal. Website: Wellington Amphitheater. Submit a correction suggestion and help us fix it! Diagnostic & Testing. Appointments & Locations. 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. In the year 1987, he joined Enron when it was just a regional energy supplier. Alzheimer's Disease & Dementias. This includes his assets, money, and income. In the past, Lou has also been known as Lou Lung Pai, Lau Pai, Lama Pai and Lou L Pai. Posted by Lou Pai on 2/19/23 at 9:09 am to jbdawgs03. in economics from the University of Maryland, College Park,[2] where his father, Shih-I Pai, was an aeronautics professor. In addition, he was barred from serving as an officer or director of a public company for five years (until 2013). OLD WESTBURY, NY 11568. I want to know why his divorce settlement specified that he had to have an affair with a stripper. Wellington FL, 33414. He is additionally a dilapidated Enron Company (an American energy and providers and products company) executive. Pai worked for the federal government in 1970 before joining Enron. 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. After the divorce from his first wife was finalized Lou Pai did end up marrying the exotic dancer he impregnated, Melanie Fewell. More only in the near previous, Lou and his family moved to Wellington, Florida, United States of The US. 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. Sandy beaches give way to greener pastures for horse lovers in Wellington. Pai diriga la unidad de energa minorista de Enron y lleg a la empresa despus de trabajar en ConocoPhillips y DuPont. 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. [2][10] At the time, the price averaged $53.78 per share. Through Elements, Pai has invested in pollution emissions credits. Lou is 74 years old as of 2021, he was born in1947, in Nanjing, China. 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 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. According to his birth date, Lou is 75 years old now. Knocking up random strippers is clearly the key to financial success . After the divorce from Lanna, Lou, and Melanie Fewell married. 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. in economics. He obtained both his B.S. Santa Rosa Beach, Florida (FL), US. Find event details at wellingtonclassicbrewfest.com. 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. With approximately 65,000 residents Wellington is the 5th largest municipality in Palm Beach County by population. 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. 11164 MARINA BAY RD Lou pai the luckiest enron executive. 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. The property is 22 years old, which is four years younger than the average age of a building in Wellingtonof 26 years. The reasons for his resignation from Enron remain shrouded in mystery. Lovely Mimi New Boyfriend Bio, Wiki, Age, Arrest, Husband, Divorce, Kids Net Worth. Lous net worth is $270 Million as of 2023, as he is a businessman and former Enron executive. During his Enron career, Skilling put Pai in charge of multiple Enron subsidiaries. Ans. 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 . 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. 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. After graduating he went to work for the Federal government. 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. The reasons for his resignation from Enron remain shrouded in mystery. This property is valued at writeCurrency("394469");. [4], His sister is Sue Pai Yang,[17] the first Asian American appointed to be a New Jersey Workers' Compensation judge. They have three children. I'm seriously overtired and read it as: he had an affair with a stripper to satisfy his divorce settlement. Search for "PAI LOU L &" in Florida's Voter Registry. On July 30, 2008, Pai agreed to settle the insider trafficking allegations against him with an out-of-court settlement of $ 31.5 million, including $ 1.5 million in civil penalties and $ 30 million in restitution, to be deposited into funds for shareholders harmed by Enron Bankruptcy. 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. Village Manager. . Jupiter Medical Center Inc. 1210 S Old Dixie Hwy, Jupiter, FL, 33458 . 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 Mall at Wellington Green. Lou Lung Pai ( Chinese: ; pinyin: Bi Lulng) (born 23 June 1947) is a Chinese-American businessman and former Enron executive. APC Tells Peter Obi, Atiku Abubakar What To Do as INEC has Declared winner. 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 and M.S. At that time, the average price was $ 53.78 per share. Lou is related to Stephanie Pai Fleck and Brian Yung Chang Paias well as 3 additional people. 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 this blog, youll read about Lou Pai (Chinese-American Businessman) Wiki, Net Worth 2023, Age, Family, Wife, Children & More. In May 2022 Lou and Melanie paid $8 million for a 21-acre equestrian estate in Wellington, Florida. I remember reading that other top Enron execs bought huge houses in Florida before the . Subscribe and get full access to Ground News. He was CEO of Enron Energy Services. 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. Very shortly after, Enron's stock plummeted from $80 per share to pennies. 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. He was CEO of Enron Energy Services. Lou Lung Pai (Chinese: ??? Homes of NFL team owners by Xeba73; Comments. He appears to be quite tall in stature if his photos, relative to his surroundings, are anything to go by. Floodplain Management. 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. 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. [10] After the divorce, Pai and Fewell married. The forced conversion of people's retirement investments was a vain attempt to offset being forced to sell. [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. Lou Lung Pai is a Chinese language-American businessman. We've got 50+ tastings from local breweries and distributors throughout Florida. Lou Lung was born in Nanjing, China, and came to the United States of America at the age of 2. Four of the companies are still active while the remaining three are now listed as inactive. He was eventually brought up on some insider trading charges. Feb 11. Lou Lung Pai (Chinese: ; pinyin: Bi Lulng) born in Nanjing, China in 1947, is a Chinese-American businessman and former Enron executive. We welcome all corrections and feedback using the button below. 48 LIPTON LN Pai and Fewell married, after the divorce. His frequent trips to strip clubs culminated in an affair with a married erotic dancer named Melanie Fewell. Our new Privacy Policy will go into effect on January 1st, 2023. A math prodigy from a very young age, Lou eventually earned Bachelor's Degree and Masters Degree in economics from the University of Maryland. Pai's Colorado ranchland included the 14,047-foot mountain Culebra Peak. 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