Lou Pai

Lou Pai

Lou Lung Pai (Chinese: 白露龙; pinyin: Bái Lòulóng) born in Nanjing, China in 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".