Where is lu pi of enron

Pai and Fewell raised and trained dressage horses on Canaan Ranch, located near metropolitan Houston. 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 Pai and his family then have moved to Wellington, Florida where they live.

This includes his assets, money, and income. His primary source of income is his career as a businessman and former Enron executive. Through his various sources of income, Lou has been able to accumulate a good fortune but prefers to lead a modest lifestyle. In the year , he joined Enron when it was just a regional energy supplier. Skilling put Pai in charge of multiple Enron subsidiaries during his Enron career.

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. 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.

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. 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. Pai worked for the federal government in the s before joining Enron. Pai joined Enron in , when it was still just a regional energy supplier. The reasons for his resignation from Enron remain shrouded in mystery.

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. Between May 18 and June 7, , Pai sold , shares of Enron stock and exercised Enron stock options that put another , shares on the open market.

Pai's Colorado ranchland included 14,foot mountain, Culebra Peak. To make a medical analogy, it was like they were lying about having diabetes, high blood pressure, and three forms of cancer. They created fake companies to trade with and generated false earnings. They created fake power outages in California.

And by fake I mean — they literally cut the power in huge areas of California to inflate profits, putting elderly and health-compromised people at risk.

It was done to drive up demand for energy. And while all of this was happening, expense records revealed executives were living like kings, and so enters our subject, Lou Pai. He walked away clean with the most money of anyone in the Enron scandal. Lou Pai was a mathematical genius who was originally born in China. By all accounts, he was extremely introverted.

Employees said he looked down if you passed him or stood in the elevator alongside him. Although he worked many hours and was very competent, he was referred to as the invisible CEO of his division.

In the ensuing months, Lou became very involved with one of the strippers. A year later, his wife found out about his new hobby and filed for divorce. The ensuing divorce was predictably acrimonious. 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.

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. A den on inequity as the escape pod for the highest-earning Enron executive. Pai left the company of his own volition for reasons that remain unknown.

He married the stripper, who quit dancing.