Lou Pai Net Worth is$270 Million
VN:F [1.9.22_1171]
deserves the money?
Rating: 2.6/5 (8 votes cast)
VN:F [1.9.22_1171]
Would you date ?
Rating: 2.3/5 (3 votes cast)
Date of Birth: 1946
Lou Lung Pai is a Chinese-American businessman with a net worth of $270 million. Lou Pai made his net worth by being the CEO of Enron Energy Services and Enron Xcelerator. Pai was born in Nanjing, China, but obtained his Bachelor's Degree and Masters Degree in economics from the University of Maryland. Pai is currently referred to as "the invisible CEO".
Lou Lung Pai (Chinese: ???; pinyin: Bai Loulong) born Nanjing China 1946, is a Chinese-American businessman and former Enron executive. He was CEO of Enron Energy Services and Enron Xcelerator, a venture capital division of Enron. He left Enron with over $250 million. Pai became the second largest land owner in Colorado when he purchased the 77,500-acre (314 km2) Taylor Ranch, though he later sold the property in 2005.
Lou Pai has not been charged with any criminal wrongdoing in the Enron scandal and has exercised his 5th Amendment right in regard to the subsequent Enron class action lawsuit. 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.
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".
Pai was born in Nanjing, China and came to the United States at the age of two. Pai obtained both his B.S. and M.S. in economics from the University of Maryland, College Park, where his father was a mathematics professor.
A mathematics whiz, he was instrumental in getting Enron into the trading business. His frequent visits to strip clubs led to an affair with a stripper, Melanie Fewell. His wife, upon finding out about it, filed for divorce. To meet his divorce settlement, he cashed out of Enron an amount believed to be around $300 million just before the company's collapse. Between May 18, 2001 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. At the time, the shares averaged $53.78 per share. An attorney for Pai says sale of the stock was part of the divorce settlement, insulating Pai from insider trading charges, adding "He's the only guy who's ever been lucky to get divorced." Pai then married hi

Lou Pai Net Worth, 2.6 out of 5 based on 8 ratings
(Visited 62 times, 1 visits today)

Lou Pai Latest News

Decades-Long Battle Over Historic Ranch Headed Back to Court

The younger Taylor eventually sold the ranch to companies controlled by Lou Pai, the former Enron executive, who cashed in $353 million in Enron stock months before the scandal-plagued energy giant's ...
Posted: September 5, 2018, 6:08 am

The mystery of Lou Pai revisited

A blog by The Atlantic's James Fallows gives a shout-out to a 2002 Westword feature, "The Mystery of Pai," dealing with one of the more mysterious figures in the Enron debacle. Fallows was apparently ...
Posted: March 27, 2009, 3:57 am

Energy Investors Funds Partners with Midstream Capital Partners

Financial terms of the partnership were not disclosed. Midstream Capital Partners was formed by Lou Pai, Richard Kieval and Dale Miller, each of whom has decades of experience in the natural gas ...
Posted: February 7, 2013, 5:50 am
Related Topics:
Businessmen, Businessmen Income, Businessmen Net Worth, How Much Is Lou Pai Income, How Much Is Lou Pai Net Worth, How Much Is Lou Pai Salary, How Much Is Richest Businessmen Income, How Much Is Richest Businessmen Net Worth, How Much Is Richest Businessmen Salary, How Much Lou Pai Worth, How Much Richest Businessmen Worth, Lou Paget, Lou Pai, Lou Pai 2011, Lou Pai 2012, Lou Pai 2013, Lou Pai 2014, Lou Pai 2015, Lou Pai Age, Lou Pai And Melanie Fewell, Lou Pai Arrest, Lou Pai Background, Lou Pai Bio, Lou Pai Biography, Lou Pai Colorado, Lou Pai Colorado Taylor Ranch, Lou Pai Country, Lou Pai Date Of Birth, Lou Pai Daughter, Lou Pai Divorce, Lou Pai Ed, Lou Pai Element Markets, Lou Pai Element Markets Llc, Lou Pai Enron Scandal, Lou Pai Enron Wife, Lou Pai Ethnicity, Lou Pai Ex Wife, Lou Pai Facebook, Lou Pai Family, Lou Pai Girlfriend, Lou Pai Height, Lou Pai History, Lou Pai Home Town, Lou Pai House, Lou Pai Images, Lou Pai Income, Lou Pai Interview, Lou Pai Linkedin, Lou Pai Melanie, Lou Pai Melanie Fewell, Lou Pai Melanie Pai, Lou Pai Midstream Capital Partners, Lou Pai Money, Lou Pai Net Worth, Lou Pai News, Lou Pai Now, Lou Pai Partner, Lou Pai Place Of Birth, Lou Pai Profession, Lou Pai Ranch, Lou Pai Role In Enron Scandal, Lou Pai Salary, Lou Pai Story, Lou Pai Talent, Lou Pai Today, Lou Pai Videos, Lou Pai Weight, Lou Pai Where Is He Now, Lou Pai Wife, Lou Paige, Lou Paik, Lou Paik Unilever, Lou Pail, Lou Pail Obit, Lou Painter, Lou Paioletti, Lou Paris, Lou Paul Pittsburgh, Richest Businessmen Age, Richest Businessmen Background, Richest Businessmen Bio, Richest Businessmen Country, Richest Businessmen Date Of Birth, Richest Businessmen Ethnicity, Richest Businessmen Height, Richest Businessmen History, Richest Businessmen Home Town, Richest Businessmen Images, Richest Businessmen Income, Richest Businessmen Net Worth, Richest Businessmen News, Richest Businessmen Partner, Richest Businessmen Place Of Birth, Richest Businessmen Profession, Richest Businessmen Salary, Richest Businessmen Story, Richest Businessmen Talent, Richest Businessmen Videos, Richest Businessmen Weight, Who Is Lou Pai, Who Is Richest Businessmen,