Lou Pai Biography
Lou Pai {Full name – Lou Lung Pai (Chinese: 白露龍; pinyin: Bái Lòulóng)} is a Chinese-American businessman and former Enron executive who was born in 1947, Nanjing, China. 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. Pai left Enron with over $280 million after selling a substantial amount of his shares.
Pai exercised his 5th Amendment rights in regard to the subsequent Enron class action lawsuits and was not charged with any criminal wrongdoing in the Lawsuits regarding the Enron scandal. However, Pai forfeited $6 million due to him from Enron’s insurance policy for company officers to a fund for Enron shareholders as a result of the lawsuit.
The chronology of accounts and events leading up to the Enron scandal have frequently portrayed Pai as a mysterious figure. 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.
Lou Pai Age
Lou is 74 years old as of 2021, he was born in 1947, in Nanjing, China.His birthday is publicly not available. We will update this section once this information is available.
Lou Pai Height
Lou stands at an average height. He appears to be quite tall in stature if his photos, relative to his surroundings, are anything to go by. However, details regarding his actual height and other body measurements are currently not publicly available. We will update this section when the information is available.
Lou Pai Education
Pai came to the United States aged two years. 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.
Lou Pai Family
Lou was born in 1947, in Nanjing, China, and came to the United States at the age of 2 years. Lou obtained both his B.S. as well as M.S. in economics from the University of Maryland, College Park, where Lou’s father, Shih-I Pai, was an aeronautics professor. Lou worked for the federal government in the 1970s before joining Enron.
Lou’s sister is Sue Pai Yang, the first Asian American appointed to be a New Jersey Workers’ Compensation judge.
Lou Pai Wife
During Lou’s 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. His then-wife of over 20 years, Lanna, with whom he has two biological children, filed for divorce upon learning of the affair. Pai sold out approximately $250 million of his Enron stock to satisfy the financial terms of his divorce settlement. Just months later, Enron’s stock prices dramatically collapsed and it filed for bankruptcy protection. Pai and Fewell married, after the divorce.
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 2014. Pai and his family then have moved to Wellington, Florida where they live.
Lou Pai Net Worth
Lou has a net worth of $270 million as of 2021. 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.
Lou Pai Measurements and Facts
Here are some interesting facts and body measurements you should know about Lou Pai.
Lou Pai Wiki
- Full Names: Lou Lung Pai
- Popular As: Chinese-American businessman
- Gender: male
- Occupation / Profession: Chinese-American businessman
- Nationality: Chinese-American
- Race / Ethnicity: Not Available
- Religion: Not Known
- Sexual Orientation: Straight
Lou Pai Birthday
- Age / How Old?: 74 years old as of 2021
- Zodiac Sign: To be updated
- Date of Birth: 1947
- Place of Birth: Nanjing, China.
- Birthday: To be updated
Lou Pai Body Measurements
- Body Measurements: Not Available
- Height / How Tall?: Not Known
- Weight: Not Known
- Eye Color: Not Available
- Hair Color: Not Available
- Shoe Size: Not Available
Lou Pai Family and Relationship
- Father (Dad): Shih-I Pai
- Mother: Not Known
- Siblings (Sisters): Sue Pai Yang
- Marital Status: Married
- Wife/Spouse: Melanie Pai (m. 2001), Lanna L. Pai (m. 1976–2000).
- Dating / Girlfriend: Not Applicable
- Children: Three
Lou Pai Net Worth and Salary
- Net Worth: $270 million
- Salary: Under Review
- Source of Income: Chinese-American businessman
Lou Pai House and Cars
- Place of living: To be Updated
- Cars: Car Brand to be Updated
Lou Pai Enron
In the year 1987, he joined Enron when it was just a regional energy supplier. He became one of the top lieutenants of Jeffrey Skilling (the eventual CEO as well as brother to veteran meteorologist Tom Skilling), primarily tasked with detailing and implementing Skilling’s vision of transforming Enron into a de facto energy commodities trading firm. Skilling put Pai in charge of multiple Enron subsidiaries during his Enron career. From March 1997 until May 2001 Pai was CEO of the EES (Enron Energy Services) subsidiary. Pai’s resignation from Enron and his reasons for doing so remain shrouded in mystery.
Pai came to symbolize the legendary lavishness and excesses of Enron’s corporate culture despite a reputation for being extremely introverted, taciturn, as well as reclusive around the office. 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.
Frequently Asked Questions About Lou Pai
Who is Lou Pai?
Lou {Full name – Lou Lung Pai (Chinese: 白露龍; pinyin: Bái Lòulóng)} is a Chinese-American businessman and former Enron executive
How old is Lou Pai?
Lou is 74 years old as of 2021, he was born in 1947, in Nanjing, China.
How tall is Lou Pai?
Lou stands at an average height.
Is Lou Pai married?
During Lou’s 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. His then-wife of over 20 years, Lanna, with whom he has two biological children, filed for divorce upon learning of the affair.
How much is Lou Pai worth?
Lou has a net worth of $270 million as of 2021.
Where does Lou Pai live?
More recently, Pai and his family have moved to Wellington, Florida.
Is Lou dead or alive?
Lou is alive and in good health. There have been no reports of him being sick or having any health-related issues.
Where is Lou Now?
Lou {Full name – Lou Lung Pai (Chinese: 白露龍; pinyin: Bái Lòulóng)} is a Chinese-American businessman and former Enron executive
When did Enron shut down?
It collapsed in 2001.
How much money did Enron lose?
Enron shareholders lost $74 billion.
Which Enron executive kills himself?
John Clifford Baxter.
Is Ken Lay in jail?
He died of a heart attack on July 5, 2006, before his sentencing.
Who was the whistleblower at Enron?
Sherron Watkins, Enron’s former Vice President of Corporate Development.
Did Enron employees lose their pensions?
The employees and retirees lost a great deal of their pension and benefits.