Luo Pai Biography: Age, Husband, Net Worth, Wikipedia, Parents, Wife, Height

Luo Pai is a Chinese-American businessman who gained notoriety as a former executive at Enron Corporation.

The energy giant infamously collapsed in 2001 due to a massive accounting scandal. During his time at Enron, Luo Pai served as the CEO of two subsidiaries—Enron Energy Services and Enron Xcelerator, which was Enron’s venture capital division.

His tenure at these Enron entities coincided with the company’s downfall and the uncovering of the accounting fraud that led to Enron’s bankruptcy.

Profile

• Full Name:
• Stage Name: Luo Pai
• Born: June 23, 1947
• Age: 77 years old
• Birthplace: Nanjing, Republic of China.
• Nationality: Chinese-American
• Occupation: Chinese-American businessman
• Height: Unknown
• Parent: Shih-I Pai
• Siblings: Sue Pai Yang
• Spouse: Melanie Pai (m. 2001), Lanna L. Pai (m. 1976–2000)
• Children: 3
• Relationship: Married
• Net Worth: $200 million

Early Life And Education

Lou Lung Pai was born on June 23, 1947, in Nanjing, Republic of China.

He was born and raised by his parents – his father, Shih-I Pai, was an aeronautics professor at the University of Maryland, College Park, though his mother’s name is unknown.

Lou Pai has a sister named Sue Pai Yang, who is reported to be the first Asian American appointed to be a New Jersey Workers’ Compensation judge.

Lou Pai earned his Bachelor’s and Master’s degrees in economics from the University of Maryland. His strong educational foundation in economics likely played a significant role in his later success as a businessman.

Lou Pai’s ethnicity is mixed Chinese-American, though his religious beliefs are not specified in the information provided.

Career

Luo Pai was a Chinese-American businessman who gained notoriety for his involvement with Enron, the energy company that collapsed in a massive accounting scandal in the early 2000s.

Pai joined Enron in 1987 and quickly rose through the ranks, becoming the CEO of Enron Energy Services (EES), a subsidiary instrumental in the company’s growth during the 1990s.

Pai’s association with Enron is undoubtedly the defining aspect of his career. As the head of EES, he played a key role in Enron’s expansion and strategic initiatives.

However, the timing of his departure from the company in 2001, just months before Enron’s collapse, raised eyebrows and fueled speculation about his knowledge of the company’s deepening financial problems.

Pai reportedly sold millions of Enron shares before the company’s downfall, allowing him to emerge from the scandal with a significant personal fortune. This timing and his financial gains only added to the controversy surrounding his departure.

Despite the cloud of suspicion, Pai was never charged with any criminal wrongdoing in the Enron scandal.

He exercised his Fifth Amendment rights during the subsequent class action lawsuits against the company.

As a result of the lawsuit, Pai was required to forfeit $6 million that was owed to him from Enron’s insurance policy for company officers, which was directed instead to a fund for Enron shareholders.

Since Enron’s collapse, Pai has largely avoided the public spotlight, seemingly content to maintain a low profile after the scandal that defined his professional career.

The timing of his exit and the financial gains he accrued have forever linked his name to one of American history’s most infamous corporate scandals.

Social Media

Luo Pai does not have any active social media accounts.

Personal Life

Luo Pai, a prominent Chinese-American businessman, has had two significant relationships. 1976 he married Lanna Lee, and they remained together for over two decades. Luo Pai and Lanna Lee had two children together, although their names have yet to be publicised.

However, their marriage ultimately ended in divorce in 2000 after Luo Pai’s extramarital affair with his then-girlfriend, Robin Fewell, became public knowledge.

Following his divorce from Lanna Lee, Luo Pai married Robin Fewell, his former girlfriend, in 2001. They have been married for several years and have been involved in various business ventures together.

Net Worth

Luo Pai is a prominent figure in the business world. He amassed a sizable fortune of approximately $200 million during his tenure as the CEO of Enron Energy Services and Enron Xcelerator.

It is important to note that this substantial wealth was accumulated prior to the collapse of Enron, a major corporate scandal that ultimately led to the company’s downfall.