Pack your bags, Owls. Photo via Rice.edu

Rice University owls are flapping their wings across the Atlantic Ocean in order to open some doors to global education and research opportunities in Europe.

The university announced in a press release that the Rice University Paris Center is holding its ceremonial launch on Wednesday, June 29. The new facility will be housed in a historic 16th-century building in Paris and will be home to Rice-organized student programs, independent researchers, and international conferences, as well as a satellite and hub for other European research activity.

“The ambitions of our university and the needs of the future leaders we are educating require global engagement and perspective,” says outgoing Rice President David Leebron in the release. “The opening of this dedicated overseas facility represents the next step in the long-standing plan we have been pursuing to internationalize Rice and the Rice experience in every dimension.

"This has included welcoming more international students to our campus in Houston, fostering international travel and programs by our students and faculty, and building strong relationships with the best universities across the globe," he continues. "The Paris location offers an incredible range of opportunities, in fields ranging from art and architecture to international business and global relations and politics.”

The Rice University Paris Center will be located in Le Marais in the Hotel de La Faye, a 1500s hôtel particulierthat was listed as a historic monument in 1966.

Caroline Levander, currently Rice’s vice president for global and digital strategy, was key in making the new center a reality and will oversee the Rice University Paris Center in her new role as vice president global.

“For our purposes, this building is an ideal educational space conveniently situated in one of the most historically significant areas of Paris,” Levander says in the release. “It looks and feels like a private university campus in the heart of a European capital city, and it reflects how Rice plans to expand its international impact in the coming years.”

Sylvester Turner and a delegation of civic and business leaders from the Greater Houston Partnership will attend the announcement in Paris this week. Per the release, the center, which will have six classroom spaces of various sizes that can accommodate around 125 students, is expected to be ready in January.

“Rice University’s mission statement commits us not only to pathbreaking research and unsurpassed teaching, but also to the betterment of our world,” says Provost Reginald DesRoches, who will transition to Rice’s president in July, in the release. “We’re eager to extend that mission internationally, and the opening of the Rice University Paris Center demonstrates that commitment.”

The Ion has joined the ranks of an international network of hotspots for innovation. Photo courtesy of The Ion

Houston's emerging innovation district gets global recognition from prestigious program

tech hotspot

The Ion Houston has a new feather to add to its cap. Rice Management Company's Midtown innovation hub has been recognized on a global scale.

The Global Network of Innovation Districts has added The Ion District to its network of innovation hubs, and the Ion is the first district in Texas to join. Affiliated with the Brookings Institute, the global organization consists of thought leaders and innovation district developers. With the addition of the Ion, there are 22 members in the Global Network, including the Pittsburgh Innovation District, Cortex Innovation Community in Missouri, Tech Central in Sydney, and Knowledge District Zuidas in Amsterdam.

“GIID’s Global Network is utilizing best practices of world-renowned innovation districts to accelerate regional economies. Their focus on placemaking, startup services, and community engagement are some of the critical components that lead to successful districts,” says Bryson Grover, investment manager of real estate development at Rice Management Company, in a news release. “With GIID, we will continue to think creatively about how the built environment and specialized programming can inform future development and allow equitable access to an ever-changing workforce.”

The Ion, a 266,000-square-foot space in the renovated Midtown Sears building, is the anchor of the district, which also includes Greentown Labs. According to the release, the next building is under construction, with three more projects to begin in the next year. Overall, the build-out of the Ion District will deliver three million square feet of development across 16 acres over the next decade.

“The Ion and the Ion District represent a major commitment and investment in the success of Houston as a center of innovation and a foundation of Houston’s economic future. From the very beginning of our planning, we visited innovation hubs and districts around the country and around the world to make sure that we drew on their experiences and best practices,” says Rice President David Leebron in the release. “And by participating in the Global Network now, the Ion District will contribute to and benefit from a global exchange of knowledge among the very best innovation districts, which complements Rice’s broader international engagements and strategies.”

GIID is a nonprofit dedicated to research on and connecting innovation districts in new geographies of innovation, per the release. Headquartered in New York, the organization was founded in 2018 to help position innovation districts as engines of economic development and spur productive, inclusive, and sustainable environments.

“We’re thrilled for The Ion and Ion District to join our network, especially as it commences its next steps on development later this year,” says Julia Wagner, president of GIID, in the release. “Our team has extensive experience working with unique real estate ventures that aim to transform how communities learn, work, and live. We look forward to playing a part in Houston’s transformation, and as we have documented in innovation districts around the world, having a leader like Rice drive the creation of the district is a key ingredient of its continued and growing success.”

Aramco Americas has been named a founding partner at The Ion. Courtesy of Rice University

Energy company joins Ion Houston as founding partner

new collaboration

A leading energy company has announced a new partnership with an innovation hub in the heart of Houston.

Aramco Americas, the U.S. subsidiary of Aramco, has joined as a founding partner of The Ion. Through the partnership, the two organizations will create educational programming, events, workforce development opportunities, energy transition leadership, and more. The partnership will take place over the next three years.

“The addition of Aramco as a founding partner of The Ion is another step forward in the realization of our vision of The Ion as a globally connected innovation hub that brings new possibilities to the people of Houston,” says Rice University President David Leebron in a news release. “We know the aspiring innovators and entrepreneurs of Houston will benefit from Aramco’s engagement, for which we are grateful.”

Aramco has named Jim Sledzik, managing director of Saudi Aramco Energy Ventures North America, to The Ion Leadership Advisory Roundtable to lead the partnership and help shape programming and offer insights on strategic direction. Aramco will also participate in The Ion Prototyping Lab, which opened earlier this year, and The Ion Investor Studio.

“Aramco’s commitment to innovation is reflected throughout our business operations,” says Nabeel I. AlAfaleg, president and CEO of Aramco Americas, in the release. “Partnerships like The Ion accelerate innovation, champion new ideas, and build a culture to address global energy challenges.”

Aramco joins the Ion’s other founding partners: Baker Botts, Microsoft, and Chevron Technology Ventures.

“I am excited to welcome Aramco as a Founding Partner to expand Houston’s technology and innovation ecosystem,” says Jan E. Odegard, executive director of The Ion, in the release. “Aramco’s involvement not only enables us to continue expanding our support toward inclusive and sustainable economic growth, but expand our reach globally, amplifying Houston as a high-growth technology ecosystem for energy, health, manufacturing, space, and transportation.”

The Ion is a 266,000-square-foot building developed and managed by Rice Management Company and anchors the 16-acre Innovation District in Midtown.

Rice University has set a goal to become carbon neutral in the next several years. Photo via rice.edu

Rice University announces its plans to be carbon neutral by 2030

seeing green

A Houston school has announced its mission to achieve carbon neutrality in the next eight years, and university executives described how exactly they will get there.

Last week, Rice University President David Leebron and Provost Reginald DesRoches wrote a letter describing the university's community as eager to participate in initiatives to stave off climate change on campus.

"Given the commitment of Rice faculty to research and scholarship that supports human knowledge and progress, it is unsurprising that this issue has been addressed from many disciplinary perspectives," the letter reads. "Our faculty, students and staff have a strong desire to contribute to solutions and to see their university as an active participant in the global effort to address climate change and other pressing environmental issues."

Leebron and DesRoches's letter explains how Houston is at the forefront of the energy industry and must continue to lead the sector by developing, implementing and transitioning to clean technologies

"The success of both Rice and Houston are closely intertwined, not only with respect to our future competitiveness but also in our shared vulnerability to the impacts of climate change on the Gulf Coast," the letter continues.

The university outlines four initial strategic focus points, including research, endowment, student leadership, and campus changes.

"By making these commitments we are placing investments in the environment as one of the university’s highest funding priorities," the university explains. "Many of the actions we describe below will require significant financial investment and we will need to determine how best to secure necessary resources and prioritize them among other university endeavors."

The Rice Management Co. Board of Directors meeting in December approved the addition of a sustainability statement. Additionally, RMC and Rice received board approval to become a signatory to the United Nations-supported Principles for Responsible Investment.

On campus, the university will implement several sustainability practices, including:

  • Rice will aim to have its new construction project achieve gold certification level in the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) green building rating program.
  • Rice will invest in water efficiency and conservation projects to reduce overall consumption of potable water while also leveraging alternative water sources such as captured rainwater.
  • Rice's sustainability, facilities and finance teams will partner with the Rice Management Co. to identify viable emissions reduction opportunities.

From a research perspective, many faculty members are working on sustainable projects and Rice is offering new funding opportunities for this research.

"In late 2021, the Office of Research launched a 'Sustainable Futures' seed fund through the Creative Ventures Fund program to support interdisciplinary research on the broad range of environmental challenges for which Rice could be a leader," according to the university. "This fund promotes the development of new research or academic partnerships that extend across multiple schools to engage faculty in new and creative scholarship."

The Office of Research received 23 proposals in response to its initial call for proposals, and, according to the release, funding will be increased to support more projects. The Office of Research will announce its second call for proposals later this year.

The letter concludes on a hopeful outlook on Rice University's plans to meet carbon neutrality and help Houston lead the energy transition.

"The actions we collectively take or fail to take as a society this decade will directly impact the well-being and prosperity of future generations as well as ourselves. As a university committed to the discovery, transmission and application of knowledge, we must assure that we are contributing to addressing the most fundamental challenges of our time," reads the letter. "Rice University and Houston have a unique role to play in building that future and we intend to be significant participants and leaders in this ambitious undertaking."

This week's roundup of Houston innovators includes Andrew Bruce of Data Gumbo, Jan E. Odegard of The Ion, and David Leebron of Rice University. Courtesy photos

3 Houston innovators to know this week

WHO'S WHO

Editor's note: In this week's roundup of Houston innovators to know, I'm introducing you to three local innovators across industries — blockchain, education, and more — recently making headlines in Houston innovation.

Andrew Bruce, CEO of Data Gumbo

In a guest column for InnovationMap, Andrew Bruce advocates for securing your network. Photo courtesy of Data Gumbo

Securing your network is extremely important, writes Andrew Bruce in a guest column for InnovationMap. In fact, it could be the difference of success and failure for startup founders.

"Innovation isn't born in a vacuum nor is the adoption of a new technology. Often the broader path to tech disruption is through groundwork and that's a system best laid by a well-connected network," he writes.

Bruce shares his tips in the article. Click here to read more.

Jan E. Odegard, executive director of The Ion

Jan E. Odegard got to drop the "interim" in his title. Photo courtesy of The Ion

Jan E. Odegard isn't a native Houstonian, but his passion for making Houston a destination city — especially when it comes to innovation — is unparalleled. And for the past year and some change, he's used that passion to drive his leadership as interim executive director of The Ion. As of this month, Odegard got to drop the temporary title ahead of the building's grand opening.

Odegard joined the Houston Innovators Podcast to discuss the title change and what has motivated him in his position from day one.

"We have been speaking for the last two years, 'let's build on Houston's DNA,'" he says, "well, we've built this building on the DNA. We are truly trying to amplify the connectivity to the history but serving it for the next 40 to 50 years." Click here to read more.

David Leebron, outgoing president at Rice University

David Leebron's tenure is one of the longest in Rice history. Photo courtesy of Rice University

All good things must come to an end, and Rice University president David Leebron, that time has come after 17 years of service. He has overseen exponential growth of the school's facilities, research initiatives, and student body.

Leebron and the university announced on May 26 that he is leaving his position at the end of the next academic year. His official departure from the presidency will be effective on June 30, 2022, per a press release.

"Ping and I are so grateful for the opportunity we have had at Rice," Leebron noted in a statement. "This is a truly remarkable and dedicated community and it has been a privilege to be part of it." Click here to read more.

David Leebron's tenure is one of the longest in Rice history. Photo courtesy of Rice University

Prolific Rice University president announces end to storied tenure

ADIEU, MR. LEEBRON

For some 17 years, Rice University president David Leebron has overseen exponential growth of the school's facilities, research initiatives, and student body. Now, his tenure is coming to an end.

Leebron and the university announced on May 26 that he is leaving his position at the end of the next academic year. His official departure from the presidency will be effective on June 30, 2022, per a press release.

"Ping and I are so grateful for the opportunity we have had at Rice," Leebron noted in a statement. "This is a truly remarkable and dedicated community and it has been a privilege to be part of it."

In turn, trustees thanked the departing president for his leadership through what they describe as "an era of growth unprecedented" in the university's 109-year history.

"On behalf of the Board of Trustees, I want to express our deep appreciation and esteem for what David has done to transform our university while preserving its core values and community," said Rob Ladd, chair of the board, in a statement. "Over what will be an extraordinary 18 years of service, David has had the vision, courage and determination to improve almost every aspect of this university."

Students especially have benefited from Leebron's oversight. Under his leadership, Rice's student body has grown about 55 percent from 4,855 when he arrived in 2004 to some 7,500 in fall 2020, the school notes. Impressively, by 2025, the population is expected to reach 9,000 — an increase of around 85 percent.

Diversity is also a highlight. Press materials note that between 2004 and 2020, the number of domestic undergraduate students from underrepresented minority groups grew by almost 75 percent.

In effort to expand the university's reach and access to more, Leebron launched the Rice Investment, the financial aid program offering free and reduced tuition to students from low- and middle-income families.

Facilities have also vastly expanded and improved; Rice's current $1.8 billion capital improvement plan includes 29 new buildings, renovations, and other construction projects.

Linking the school to its home city, Leebron's most recent strategic plan, the Vision for the Second Century, Second Decade, aims for the Rice "to engage with and empower the success of the city of Houston."

The university, under Leebron's guidance, has launched myriad initiatives, centers, and programs. A recent success is The Ion, the centerpiece of an innovation district now under development in Houston's Midtown area.

Philadelphia-born and Harvard educated, Leebron is only the seventh president in Rice's long history. His tenure is second only to the university's founding president, Edgar Odell Lovett, who held the post for 34 years.

A search committee will be formed to find the university's next president, the school announced.

"I am proud of so many things that we've accomplished at Rice," Leebron continued in a statement. "But I'm especially proud of the community's constant desire to provide greater opportunities and address the most important challenges facing our city, our country and our world."

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This article originally ran on CultureMap.

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18 Houstonians land on Forbes world's billionaires list for 2025

World's Richest

The world’s richest people are wealthier now than they've ever been, and more billionaires have made it onto the 2025 World's Billionaires List than ever before, according to Forbes. This year, 18 Houston-based billionaires are among the richest people in the world, with hospitality honcho Tilman Fertitta leading as the richest Houstonian.

Fertitta, 67, ranked No. 220 overall with an estimated net worth of $11.3 billion, which steadily increased from his 2024 net worth of $9.4 billion.

In addition to owning the Houston Rockets, the busy billionaire owns Texas-based hospitality and entertainment corporation Landry's, and he authored a book about business leadership in 2019. He most recently was nominated as the new United States ambassador to Italy by President Donald Trump.

Ranking 248th overall is oil and gas chairmanRichard Kinder. Forbes estimates his net worth at $10.6 billion, up from $8.1 billion in 2024.

Kinder cofounded pipeline giant Kinder Morgan in 1997, and stepped down as CEO in 2015, though he still retains his seat as chairman of the board. The company is the largest energy infrastructure firm in the U.S., Forbes says, and it owns 79,000 miles of pipeline.

New to the 2025 list is Perry Homes executive chair Kathy Britton, whose company has built over 65,000 homes across the U.S., according to Forbes. Her late father, Bob Perry, founded Perry Homes in 1967. Britton ranked No. 1408 with an estimated net worth of $2.6 billion.

Mercedes-Benz mega-dealer Joe Agresti is another newbie to the list, ranking No. 2790 with a net worth of $1.1 billion. He owns Dream Motor Group with former football coach Nick Saban.

14 additional Houston-area billionaires that made Forbes 2025 world’s richest list are:

  • Houston pipeline heir Randa Duncan Williams: ranked No. 307 with an estimated net worth of $9.3 billion, up from $7.7 billion in 2024. Fellow pipeline heirs Dannine Avara and Milane Frantz tie for 311th nationally. Each has an estimated net worth of $9.2 billion, up from $7.6 billion. Scott Duncan ranks No. 329 with a $9 billion estimated net worth, up from $7.6 billion in 2024.
  • Houston oil tycoon Jeffery Hildebrand: ties for No. 411; $7.7 billion, down from $12.6 billion
  • Toyota mega-dealer Dan Friedkin: ties for No. 411; $7.7 billion, up from $6.4 billion
  • Houston Texans owner Janice McNair and family: No. 561, $6.2 billion, up from $5.6 billion
  • Energy exploration chief exec George Bishop: No. 717, $5 billion, up from $3.2 billion (based in The Woodlands)
  • Westlake Corporation co-owners Albert Chao, James Chao and their families:tied for No. 902, $4 billion, down from $4.9 billion
  • Hedge fund honcho John Arnold: No. 1266, $2.9 billion, down from $3.3 billion
  • Houston Astros owner Jim Crane: No. 1513, $2.4 billion, unchanged from 2024
  • Former Houston Rockets owner Leslie Alexander: tied for No. 1850, $1.9 billion, unchanged from 2024
  • Frontier Airlines chairman William Franke: No. 2623, $1.2 billion, down from $1.3 billion

Elsewhere in Texas, Austin-based billionaire Elon Musk topped Forbes' list as the world's richest person in 2025. The Tesla and SpaceX founder knocked French luxury goods magnate Bernard Arnault down to second place this year.

Forbes declared Musk the first person to reach the $300 billion status. His current net worth stands at $342 billion, which is a staggering $147 billion more than his 2024 net worth.

"It’s another record-breaking year for the world’s richest people, despite financial uncertainty for many and geopolitical tensions on the rise," said Forbes senior editor of wealth Chase Peterson-Withorn. "And, from Elon Musk to Howard Lutnick and the other billionaires taking over the U.S. government, they’re growing more and more powerful."

In Dallas-Fort Worth, Walmart heiress Alice Walton became the wealthiest woman in the world in 2025. Forbes declared Walton's net worth at $101 billion, which is $28.7 billion more than her 2024 net worth of $72.3 billion. She is now one of 15 individuals to claim 12-figure fortunes, also known as the "$100 Billion Club."

State-of-the-art innovation hub opens in Houston Energy Corridor

flagship facility

French multinational company Schneider Electric has opened a new 10,500-square-foot, state-of-the-art Energy Innovation Center in Houston.

The new facility is located in Houston’s Energy Corridor and is designed to “foster increased collaboration and technological advancements across the entire value chain,” according to a news release from the company. The new Houston location joins Schneider's existing innovation hubs in Paris, Singapore and Bangalore.

The venue will serve as a training center for process control engineers, production superintendents, manufacturing managers, technical leads and plant operations personnel. It can simulate various real-world scenarios in refineries, combined-cycle power plants, ethylene plants, recovery boilers and chemical reactors.

It includes an interactive control room and artificial Intelligence applications that “highlight the future of industrial automation,” according to the release.

"Digitalization is significantly enhancing the global competitiveness of the U.S. through continuous innovation and increased investment into next-generation technology," Aamir Paul, Schneider Electric's President of North America Operations, said in the release.

Texas has over 4,100 Schneider Electric employees, the most among U.S. states, and has facilities in El Paso, the Dallas-Fort Worth metroplex and other areas.

"This flagship facility in the Energy Capital of the World underscores our commitment to driving the future of software-defined automation for our customers in Houston and beyond,” Paul added in the release. “With this announcement, we are excited to continue supporting the nation's ambitions around competitive, efficient and cost-effective manufacturing."

Schneider Electric says the new Houston facility is part of its expansion plans in the U.S. The company plans to invest over $700 million in its U.S. operations through 2027, which also includes an expansion at its El Paso campus.

The company also announced plans to invest in solar and battery storage systems developed, built, and operated by Houston-based ENGIE North America last year. Read more here.

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This story first appeared on our sister site, EnergyCapitalHTX.com.

9 can't-miss Houston business and innovation events for April

where to be

Two new conferences will launch while another longtime business competition celebrates its 25th anniversary this month in Houston. Plus, there are networking opportunities, family tech events and more.

Here are the Houston business and innovation events you can't miss in April and how to register. Please note: this article might be updated to add more events.

​Ion Block Party: Art Crawl

Network and socialize with other tech enthusiasts and business-minded individuals while taking in the new gallery at Community Artists’ Collective and experiencing the immersive dome at Omnispace360. See work by Joel Zika, who will showcase his digital sculptures through augmented reality screens, and other public art around the Ion while also enjoying food and drink.

This event is Thursday, April 3, from 4-7 p.m. at the Ion. Click here to register.

​CLA Presents: Raising Capital over Happy Hour

Gain a better understanding of the capital-raising process and various funding opportunities at this educational happy hour. Keith Davidson, the market leader for CLA in Dallas and former CFO of ICS, will present.

This event is Thursday, April 10, from 4-6 p.m. at The Cannon. Click here to register.

Rice Business Plan Competition 

The Rice Alliance for Technology and Entrepreneurship will host the 25th annual Rice Business Plan Competition this month. Forty-two student-led teams from around the world, including one team from Rice, will present their plans before more than 300 angel, venture capital, and corporate investors to compete for more than $1 million in prizes.

This event is April 10-12. Stream the Elevator Pitch Competition and Final Round here.

RSVF Annual Conference

The Rice Student Venture Fund will host its first-ever Annual Conference to celebrate the university's entrepreneurial spirit and the rising generation of student-led innovation. The conference will include live startup demos, an RSVF fund update, a keynote fireside chat, a builder-investor panel and networking. RSVF welcomes students, alumni, investors, faculty and staff, and innovators and community members of the broader tech scene.

This event is Monday, April 14, from 4-8 p.m. at the Ion. Click here to register.

​TEX-E Conference

TEX-E will host its inaugural conference this month under the theme "Energy & Entrepreneurship: Navigating the Future of Climate Tech." The half-day conference will feature a keynote from Artemis Energy Partners CEO Bobby Tudor as well as panels with other energy and tech leaders from NRG, Microsoft, GE Vernova and TEB Tech.

This event is Tuesday, April 15, from 1-4:30 p.m. at the Ion. Click here to register.

Houston Methodist Leadership Speaker Series 

Hear from Dr. Jonathan Rogg, Chief Quality Officer and Vice President of Operations at Houston Methodist Hospital and a a practicing emergency medicine physician, at the latest Houston Methodist Leadership Speaker Series. Rogg will present "Leadership from the Bedside to the Boardroom."

This event is on Wednesday, April 23, from 4:45-6 p.m. at the Ion. Click here to register.

Ion Family STEAM Day– Let's Build a Tripwire Alarm

STEAM on Demand will host a hands-on, family-friendly engineering lesson for young ones on the Ion Forum Stairs. Kids will learn to create and test their own working alarm system. The event is geared toward those ages 7 to 14.

This event is Sunday, April 26, from 10 a.m. to noon at the Ion. Click here to register.

 Greentown Houston Fourth Anniversary Transition On Tap

Climatetech incubator Greentown Labs will celebrate its fourth anniversary with a special edition of its signature networking event, Transition On Tap. Entrepreneurs, investors, students, and friends of climatetech are invited to attend.

This event is Tuesday, April 29, from 5:30-7:30 p.m. at Greentown Labs. Click here to register.

Integrate Space Technology Into Your Small Biz

The SBA Houston District Office and the UH Technology Bridge will host a collaborative event designed to help small businesses leverage space technology for prototype development. Attendees will also hear from industry experts on resources and gain access free technical engineering assistance to help accelerate their businesses.

This event is Wednesday, April 30, from 9:30-11:30 a.m. at UH Technology Bridge Innovation Center. Click here to reserve your spot.