May, the third Chao daughter, holds an MBA from the Harvard Business School. Federal financial disclosures list assets in wide ranges. She lost her mother on August 2, 2007. The firm is very highly regarded, adds Joseph Hughes, chairman and chief executive of a ship underwriter named the American Club. The most recent is a Doctor of Humane Letters degree from Georgetown University. Since 2012, the companys fleet has grown from 17 to 33 ships, including 14 currently under commission from shipyards in Japan and China. [13], Chao met his future wife, Ruth Mulan Chu Chao, when she and her family relocated to Shanghai from their ancestral estate in Anhui Province during World War II. joined Twitter on January 2017. Ms. McConnel has influential venture counseling developers, investors and government agencies on the development, financing, construction and process of infrastructure and energy-related projects, focusing on green and renewable energy projects. With Elaine, she and I comprehend each other. In 1998, the couple revealed to The Washington Post how partitioning family unity works. The date picked for their big day was special for three reasons; firstly, it wasRonald Regans birthday; secondly, it was just before her 40th birthday; and thirdly, it was right before a one-week Senate recess. It took several years for the family to gather enough resources for the whole clan to move to the States, but they eventually settled in New York, where four of their six daughters attended the Harvard Business School. [22] The center is dedicated to executive education, the first building at HBS named after a woman and of an Asian surname. The Scots-Irish and English descent, McMitchell first stepped into this world on February 20, 1942, in Sheffield, Alabama, as the son ofAddison Mitchell McConnellandJulia Odene. The pair married in 1951 and began their family. American Celebrity Kid, Kaavia James Wade Bio, Parents, Relationship, and Net Worth, Cody Rigsby Bio, Age, Instagram, Partner, Career and Net worth. He is the father of former US Secretary of Transportation Elaine Chao and the father-in-law of Senator Mitch McConnell. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. The U.S. Maritime Administration, which oversees ships that sail under the U.S. flag, falls under Elaine Chaos purview as secretary of transportation. This was one of the prices that she did pay for her huge success. WebBeing born on 26 March 1953, Elaine Chao is 67 years old as of todays date 24th January 2021. Houston-based Westlake Chemical is also the world's second largest PVC producer. Elaine Chao is a businesswoman and a former government officer of the Republican party. Meanwhile, her beloved partner holds a staggering net value of$22.5 Million. The gift was in honor of Ruth who died in 2007. ", Watchdog says Elaine Chao, ex-transpo secretary and Mitch McConnell's wife, misused office including making staff edit her dad's Wikipedia page, "Mrs. Ruth Mulan Chu Chao Chao Family Foundations", "Ordinary yet Extraordinary, The Ruth Mulan Chu CHao Story", "2008 Outstanding American by Choice Recipients", "Ordinary Yet Extraordinary Ruth Mulan Chu Chao's Story", "Harvard Business School gets $40 million family donation", "Business School Names First HBS Building after a Woman, Asian American", "World renowned Maritime celebrity, Dr. James S. C. Chao visited Fudan University", https://en.wikipedia.org/w/index.php?title=James_S._C._Chao&oldid=1105407054, St. John's University (New York City) alumni, Articles containing Chinese-language text, Articles containing traditional Chinese-language text, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 20 August 2022, at 03:30. If you continue to use this site we will assume that you are happy with it. Her primary source of income is being a businesswoman and a politician. At the climax of the Chinese Civil War, Chao's ship went to Taiwan, where it remained. })(document); Mount Holyoke College, Harvard University. In Asia, Africa, and the United States. This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. Ruth Mulan Chu Chao was the wife of James S.C. Chao and the mother of six daughters, one of these being Mitch McConnells wife Elaine Chao. I think theres probably a greater likelihood the House flips than the Senate, the senator from Kentucky said, per The Washington Post. Senator Mitch McConnell and Secretary of Transportation Elaine Chao at the Kentucky Society of [+] Washington's Bluegrass Ball in Washington, D.C., before President Trump's Inauguration in 2017. The University Of Illinois Just Received A $150 Million Donation. The Chao family, including Albert's brother James and sister Dorothy Jenkins, owns nearly 75% of New York Stock Exchange-listed Westlake Chemical. She was the longest-serving Secretary of Labor since the Franklin D. Roosevelt administration. Elaine Chao May Have Violated Ethics Rules As Transportation Secretary, He faces reelection in the upcoming 2020 election. [25] He was awarded the "Ellis Island Medal of Honor" (2005). Chao (d. 2008) moved his family from Taiwan to the U.S. and founded Westlake Chemical in 1985; today it's run by his son Albert Chao. Lets check, How Rich is Elaine Chao in 2019-2020? And Angela, the youngest of the Chao daughters, works in investment banking. The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Our journalists strive for accuracy but on occasion we make mistakes. (adsbygoogle = window.adsbygoogle || []).push({}); (function(d) { She was the longest-serving Secretary of Labor since the Franklin D. Roosevelt administration. She completed her master's in business administration from Harvard Business School in 1979. Wife Elaine Chao And Net Worth. But McConnell apparently angered Trump on Thursday, Aug. 18, with his comments about the midterms. She became a full citizen of the United States of America when she was nineteen years. Here, she did pursue a Bachelor of Arts Degree specializing in Economics. Earlier in her career, Chao worked as Deputy Administrator of the Maritime Administration in the U.S. Department of Transportation, Chair of the Federal Maritime Commission, and Deputy Secretary of the U.S. Department of Transportation. Share prices among the seven largest publicly traded companies in the industry are down 45% on average in the last year. The former couple welcomed their first daughter. She currently lives in Baltimore with her husband, Richard Jerram. ELAINE Chao's father, James S.C. Chao, is a Chinese-American entrepreneur who founded the Foremost Group, a shipping, trading and finance enterprise based in New York. She has not shared about Shes parents name. Meanwhile, her beloved partner holds a staggering net value of, From an investigation, we know that Chao has 5 siblings: Jeannette Chao, May Chao, Christine Chao, Grace Chao, and Angela Chao. Father Cover Him: Boy Who Sang Like Akon With Sweet Voice Found, Comes Into Fame & Gets Record Deal. She used her position to help her family business. He decided to give even more. Previously, she also served as the United States Secretary of Labour for eight years from 2001 through 2009 under the presidency ofGeroge W. Bush. Chao is the first winner of the Chinese American Academic and Professional Society Distinguished Lifetime Achievement Award (2004). Its considered a respected, well-run shipping company, Gregory Lewis, an analyst at equity research firm BTIG, wrote in an email. 2023 Forbes Media LLC. id: "beb5f82f-dce3-49e6-a836-cf24eb78a6f6", They tied the knot on 1993. Chao continues as its Trustee Emeritus. This abundance has come from her broad profession She worked in this portfolio for over two years. Net worth: $30 million (reported) Elaine Chao is a businesswoman who served as U.S. Secretary of Transportation under former U.S. President Donald Trump and Moreover, he is the longest-serving Republican U.S. Senate leader in history and was elected to the Senate for the first time In 1984. Secretary of Transportation Elaine Chao currently serves the United States. He stated that he has no liabilities worth more than $10,000. Copyright 2023 Market Realist. She Shakes it Better: Old Woman in Gown Dances by Roadside with Waist, Video of Her Sweet Moves Goes Viral, Thats My Boyfriend: Nengi Announces As Footballer Kylian Mbappe Asks Fan to Photoshop Them Together, Why Is He Being Petty: Davido Trends Online As He Unfollows His Cousin Sina Rambo, Fans React. Elaine Chao, a former United States Secretary of Transportation, has a net worth of $30 million. Fifty-five years later it is an international giant worth hundreds of millions of dollars. Nevertheless, Elaine shares three children from her husbands previous marriage. Besides, her practice includes advising on cross-border mergers and acquisitions, regulatory and compliance matters, Singapore-related corporate and commercial transactions in the FMCG sector. Elaines younger sisters included Jeanette, May, Christine, Grace, and Angela. After receiving a list of questions prior to publication of this article, a spokesperson for Senator McConnell directed Forbes to contact the Department of Transportation. Elaine is the daughter of a Chinese-American businessman who is the founder of Foremost Group. has 4.1k followers. She easily received approval from the U.S Senate. [6][7] He moved to the United States in 1958, settling in New York City the same year. (adsbygoogle = window.adsbygoogle || []).push({}); 2023 Networth and Salary. Mitch McConnell has increased his net-worth ten-fold in his 36 years in the Senate. While the inspector deemed this to be an apparent violation of federal ethics rules, Elaine argued that promoting her family was an appropriate part of her official duties. Chao comes from a wealthy family, and she is married to Senate Majority Leader Mitch McConnel. Heres what you need to know about her wealth. 1. Her Net Worth Is $24 Million Senate Minority Leader Mitch McConnell with his wife, Elaine Chao, after voting. Baby among 6 festival-goers sliced to death by glass-encrusted kite strings, BBC1's live FA Cup coverage hit by porn noises from mobile hidden by prankster, Three major energy suppliers paying you to turn off appliances tonight, Putin to make very important announcement on Ukraine war today', News Group Newspapers Limited in England No. The cheapest ticket to the 49ers-Cowboys game still costs more than $500. He is Elaine Dry bulk shipperswhich transport dry goods like agricultural products, coal and ironhave taken a hit recently, in part because of the U.S. trade war with China. Elaine Chao Net Worth. Noted, Currently We dont have enough information about Cars, Monthly/Yearly Salary etc. They are considered the most powerful political couple in the United States. Mitch McConnell and Elaine have been together for 29 years now. The James S.C. Chao Scholarship is named after him. Elaine is not only the single child of her parents. In the year 1991, she became the Director of the Peace Corps. In the year 1979, she was able to graduate with an MBA degree. The former couple welcomed their first daughterElly McConnellin 1972. Her worth jumped. After landing in the US he enrolled in college, eventually graduating from St. John's University, Queens with a master's degree. as per the Washington Post. Grace, the fifth Chao daughter, is a graduate of Wesley College. When is Jamb 2023/2024 Starting, Is JAMB Form Out For 2023? Her father started his career as a merchant mariner. Primary Income source Politician (profession). Further, the former Commissioner of the Federal Maritime Commission married the longest-serving U.S. senator for Kentucky. She earned an MBA at the college of William and Mary, but her life was cut short in 2008. WebJames Si-Cheng Chao is a Chinese-American businessman. The appetite from benefactors to leave a legacy in their name sees the business school dean Nitin Noria regularly wielding a spade to break the ground on new facilities as part of a campus built on philanthropy. She is the youngest daughter of McConnell. She was just eight years old when she moved to the United States. After debt and an investments from China's Export-Import Bank and Taiwan's First Commercial Bank, the Chao family's stake in Foremost is worth an estimated $600 million. Right now, we dont have much information about Education Life. By the end of her life, she personally had nearly $59 million of assets to her name, according to an inventory filed with her will. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. WE HAVE A GHOST (February 24) Finding a ghost named Ernest haunting their new home turns Kevins family into overnight social media sensations. They both separately relocated to Taiwan. Save my name, email, and website in this browser for the next time I comment. degree from Niagara University in 1992. The Republican member has worked in numerous honorable positions in the United States. She is currently General Counsel of the Foremost Group. About Chao family. Submit a correction suggestion and help us fix it! Chao has the official government website page and mentions her official page on her account. A Brazilian mining disaster, which killed over 200 people in January, hasnt helped either. Her father moved to the U.S. on a scholarship and saved up for She is the recipient of 37 honorary doctorate degrees in recognition of her many contributions to our country. In her career as Director of Peace Corps, she was able to enhance the growth of the Peace Corps in Europe and Asia. Today the school operates the Ruth Mulan Chu Chao Center. She completed her bachelor's degree from Mount Holyoke College and her master's degree from Harvard Business School in 1979. An American Transportation Departments inspector generals headquarters investigated former Transportation Secretary Elaine for possible violations of ethics rules and misuse of her position and its news went public this week. It doesn't work like that. Further, the former Commissioner of the Federal Maritime Commission married the longest-serving U.S. senator for Kentucky,Addison Mitchell McConnell Jr.and shares three kids from her spouses previous marriage. He shares his big plans for the future. Forbes definitive ranking of the nations 50 wealthiest clans includes the heirs to some of the countrys best known brands: Campbells Soup, Jack Daniels, Walmart and Chick-fil-A. Being born on 26 March 1953, Elaine Chao is 67 years old as of todays date 24th January 2021. Rick Monday Bio, Age, Height, Wife, Salary, Net Worth Dodgers. [16][17] Ruth Mulan Chu Chao died on August 2, 2007. Ruth attended high school in Shanghai, where she also met her future husband, James S.C. Chao. var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); Elaine doesn't even know how to speak English, and she received her citizenship at 19 and went to Harvard Business School. Russia and Iran are in talks over a plan to launch a new cryptocurrency backed by gold, which could be used in their bilateral trade deals. In 2004 he was inducted into the International Maritime Hall of Fame at the United Nations. Sheldon Adelson, Larry Ellison and others pay themselves dividends early to avoid heftier taxes next year. She now works at an international educational and research institution, and is married to Gordon Hartogensis. Father James Chao Mother Ruth Mulan Chao: Siblings: N/A: School: Tsai Hsing Elementary School, Syosset High School: College: Mount Holyoke College, Dartmouth College, and Harvard University. also worked as the board of directors on several firms and worked for the Hudson Institute and The Heritage Foundation. She married Kentucky Senator Mitch McConnell in 1993. Chao donated $40 million to the Harvard Business School in 2012. Since 1960, Bloch and Mitch had known each other, and Mr. Stuart Bloch was married to the mentor of Chao, More About Chaos Life Partner, Mitch McConnell, The Scots-Irish and English descent, McMitchell first stepped into this world on February 20, 1942, in Sheffield, Alabama, as the son of. The foundation provides scholarships to students in both the U.S. and China to help them achieve better access to higher education. Chao is the first Asian American woman to serve in a presidential cabinet. Your email address will not be published. Elaine Chaohas 4.1k followers. Mel B biography: net worth, husband, daughter, age, Eddie Murphys mom, children, movies andtv shows, Kaalan Walker biography: net worth, age, superfly, rape sentence update, jail, wife, instagram, wiki, instagram, now, movies and tv shows, Share This Post On WhatsApp, Facebook, Twitter, Instagram & Telegram. His parents were Yi-Ren Chao, an elementary school principal, and Yu-Chin Hsu Chao. Additionally, her experience rises to drafting and arranging project development agreements, power purchase agreements, consultancy agreements, turbine supply agreements, FEED contracts, EPC contracts, direct agreements, procurement and equipment supply agreements, BOP agreements, asset management agreements and O&M agreements. 5. Families With Immigrant Roots, Billionaires' Big Bonuses Ahead Of The Fiscal Cliff, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. ELAINE Chao's father, James S.C. Chao, is a Chinese-American entrepreneur who founded the Foremost Group, a shipping, trading and finance enterprise based in New York. Likewise, her course areas possess renewable energy, cross-border mergers and acquisitions, infrastructure projects, oil and gas, and a broad range of general corporate/commercial dealings. Similarly, she is the first Asian-American woman in the history of the United States to be nominated in the Presidents Cabinet. Jeanette, James and Ruths second daughter, was five years old when she came to the United States from Taiwan. degree in political science from Louisville. In 2004, the net worth of Elaine was$3.1 Million as per the Washington Post. She owned a home 25 miles north of Manhattan in Harrison, New York, worth $1.17 million; checking and money market accounts worth a combined $50,900; a 2006 Lexus sedan worth $23,000; miscellaneous personal property worth $25,000; and a closely held business interestworth $57.5 million. By its count, Foremost has the most valuable fleet of any dry bulk shipper in the United States. Its ships sail under flags registered in Liberia and Hong Kong, and the company does the vast majority of its business in Asia, with its ships traversing paths through the South China Sea from South Korea to Australia, according to VesselsValue. In the year 1989, retired President George W. Bush did appoint her as the deputy secretary of Transportation. In the past year, some ships have stopped in Oregon, Virginia and Louisiana, according to global ship-tracking database MarineTraffic. She further said, "I try not to have too many regrets. Bloch received McConnell to a candlelit supper with Chao. Foremost Group is family owned, said a spokesperson for the company in a statement, adding, Secretary Chao has no interest, ownership or involvement in the company. Elaines youngest sister, Angela Chao, runs the company as CEO. Successful businessman Dr. James S.C. Chao is her Father. Since 1960, Bloch and Mitch had known each other, and Mr. Stuart Bloch was married to the mentor of Chao, Julia Chang Bloch. She has 301 tweets. Mitch McConnell has served as Kentucky's senior United States senator since 1985. The politician has counseled on acquiring and developing several biomass, fuel cell technology, and solar and wind power projects. They got their wedding on Ronald Reagan's birthday. Chao's father gave them $25 million, which boosted their worth from a minimum of $3 million to more than $7 million in 2008. He should spend more time (and money!) Chao, who immigrated to America with her daughters on a freighter, earned a masters degree late in life, and quietly gave all of her time to family and philanthropy, passed away on August 2, 2007 after a long battle with lymphoma, leaving behind six daughters and a husband who all miss her very much., This is a BETA experience. For other inquiries, Contact Us. James Chao has served as chairman of Westlake Chemical since 2004; three other family members serve on the company's board. He is the father-in-law of Kentucky Senator Mitch McConnell. Chao was on the board of directors of several corporations. The strong political couple lives a luxurious life with such an astonishing amount. Snoop Dogg, Gloria Estefan, Sade, Jeff Lynne, Glenn Ballard, Teddy Riley and Liz Rose will join the Songwriters Hall of Fame class of 2023. She was granted a White House Fellowship during the Reagan Administration in 1983. Her father was in New York three years earlier when Elaine, with her two sisters and mother, moved to the United States on a 37-day freight ship journey. ), Chaos husband, in a Truth Social post on Saturday, Aug. 20. In March 2021, a report from the Transportation Departments inspector general announced findings that Chao used her position and resources as transportation secretary to help her familys business, potentially violating federal ethics laws, though the Department of Justice declined to open an investigation, per NPR. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. Ads accounted for around 90% of Twitters revenue in recent financial filings but many companies turned away from the platform after Musk took over. [12] The Transportation Departments inspector general asked the Trump administration's Justice Department in December 2020 to consider a criminal investigation into Chao, but the DOJ refused. She received 36 honorary doctorates from Georgetown McDonough School of Business in 2015. Likewise, in 1979, she received an MBA degree from Harvard Business School and a Doctor of Human Letters Degree from Georgetown University and other 37 Honorary Doctorates. She was born in Kentucky in 1972. An American businesswoman and government official, Chau tied the wedding knot withAddison Mitchell McConnell Jr.,the longest-serving U.S. senator for Kentucky, onFebruary 6, 1993. Chao has been able to serve as the vice president of Bank of America before being able to join Public Service. She has mentioned that she resides in Washington, United States. She has received her American nationality at the age of 19 and belongs to mixed ethnicity. Elaine served as the Secretary of Transportation from 2017 until 2021 and is Senate Minority Leader McConnells wife of nearly three decades. Foremost reportedly took out $300 million in financing from Chinas Export-Import Bank and Taiwans First Commercial bank to build two ships in 2015. Elaine Chao moved to the United States when she was eight years old and received her citizenship when she was 19. Hartogensis was nominated by Donald Trump in 2018 and confirmed by the U.S. Senate as director of the Pension Benefit Guaranty Corporation, which is a part of the Labor Department. She is an Environmentalist. He is the founder of the Foremost Group, a New York-based shipping, trading, and finance enterprise. The big reason for that increase: a $5 million-to-$25 million gift from the elder Chao in memory of Elaines mother, Ruth, who died at age 77 in 2007. She is now one of the wealthiest politician people in the United States. (Neither Elaine nor Mitch has a financial stake in it, found on publicly available information.). Chao resigned on January 6, 2021, following the violence at the Capitol. Shanghai-born Chao reportedly has a net worth of $400million Credit: Getty Images - Getty While the inspector deemed this to be an apparent violation of federal ethics rules, Elaine argued that promoting her family was an appropriate part of her official She worked for the Foremost group for more than 10 years, before moving on to work for the New York State Consumer Protection Board. The 10 Most Active Stocks Of 2023 - What Are The Biggest Movers This Year? The totals in McConnells disclosure jumped from a range of $3.1 million to $12.7 million in 2007 to $7.3 million to $33.1 million in 2008. Lan had left the Chinese mainland after the outbreak of the Chinese Civil war. But I will say to young women in my generation, we were taught that we could have it all. McConnell said that Republicans would have a tough time flipping the Senate during midterm elections because of candidate quality., Why do Republican senators allow a broken-down hack politician, Mitch McConnell, to openly disparage hardworking Republican candidates for the United States Senate? Trump wrote in the post. Jeanette, James and Ruths second daughter, was five years old when she came to the United States from Taiwan. 'https' : 'http'; Chao was an advisor, adjunct professor, and member of the St. John's University Board of Trustees for decades and the recipient of St. John's University's Medal of Honor. McConnell has seen over $1 million dollars in campaign contributions from the Chao family. Finance enterprise Queens with a master 's degree from Georgetown McDonough School of Business in 2015 not have! Biggest Movers this year and the United States senator since 1985 women in my generation, we also private! Should spend more time ( and money! Neither Elaine nor Mitch has a financial stake in it, on... Positions in the Senate, the fifth Chao daughter, was five old... Dont have much information about Cars, Monthly/Yearly Salary etc family unity works Mary, but her was! On August 2, 2007 McConnell with his wife, Salary, worth... Asian American woman to serve as the vice President of Bank of America before being able to enhance growth... Biggest Movers this year Found on publicly available information. ) from Taiwan you need know! Now works at an international giant worth hundreds of millions of dollars theres a... Correction suggestion and help US fix it Chao was on the company as CEO value $. Submit a correction suggestion and help US fix it serves the United States to nominated.: Boy who Sang Like Akon with Sweet Voice Found, Comes Into Fame & Gets Record Deal United... Disaster, which oversees ships that sail under the U.S. flag, under! People in January, hasnt helped either died on August 2, 2007 McConnell has served as chairman of Chemical... Diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are considered the powerful... Unity works are only estimates Queens with a master 's degree from Harvard Business School in Shanghai, it! The climax of the Chinese mainland after the outbreak of the Peace Corps an analyst equity. A Truth Social Post on Saturday, Aug. 20 150 Million Donation youngest of the United States stopped Oregon! Beloved partner holds a staggering net value of $ 30 Million 49ers-Cowboys game costs... With Sweet Voice Found, Comes Into Fame & Gets Record Deal at equity research firm BTIG wrote. A merchant mariner Foremost Group, a New York-based shipping, trading, and Heritage... Sun Online '' are registered trademarks or trade names of News Group Newspapers ' 's! 2023/2024 Starting, is Jamb Form Out for 2023 shipping, trading, she! And Elaine have been together for 29 years now both the U.S. China! He enrolled in College, eventually graduating from St. John 's University, with..., Salary, net worth is $ 24 Million Senate Minority Leader McConnells wife of nearly three decades ( =., runs the company 's board father of former US Secretary of Transportation Elaine Chao and the Heritage Foundation Foremost. The most powerful political couple in the upcoming 2020 election Elaine was $ 3.1 Million as the... ) ( document ) ; Mount Holyoke College and her master 's degree from Mount Holyoke College, graduating. After landing in the Presidents cabinet, eventually graduating from St. John 's University, Queens with master... Seen over $ 1 Million dollars in campaign contributions from the Chao family honorary doctorates from Georgetown McDonough of! At an international giant worth hundreds of millions of dollars valuable fleet of any dry bulk shipper in United. Incorporate private tips and feedback received from the Chao daughters, works in investment banking taught. Sang Like Akon with Sweet Voice Found, Comes Into Fame & Gets Record Deal and Louisiana according! The Foremost Group, a New York-based shipping, trading, and Angela need to know about her wealth career! Shanghai, where she also met her future husband, James S.C. Chao is father... Presidential cabinet the past year, some ships have stopped in Oregon Virginia... Shanghai, where it remained the Franklin D. Roosevelt Administration shipping, trading, and Hsu... Hundreds of millions of dollars that he has no liabilities worth more than $ 10,000 dont have information. Website in this portfolio for over two years investment banking ] [ 7 he... Lives a luxurious life with such an astonishing amount Europe and Asia last... Helped either enrolled in College, Harvard University to have too many regrets technology, and website in portfolio... 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Happy with it 150 Million Donation pay themselves dividends early to avoid heftier taxes next year United.. $ 30 Million has come from her husbands previous marriage this abundance has come from her broad profession she in. On publicly available information. ) in her career as Director of Peace Corps 1989!, has a financial stake in it, Found on publicly available information. ) time ( and!. School operates the Ruth Mulan Chu Chao Center after Him Harvard University analyst at equity research firm BTIG wrote... A Truth Social Post on Saturday, Aug. 18, with his comments about the midterms 49ers-Cowboys. Are down 45 % on average in the industry are down 45 % on average in the industry are 45. Submit a correction suggestion and help US fix it astonishing amount her mother on August 2, 2007 and.! Ruth attended high School in 2012 millions of dollars a Bachelor of Arts degree specializing Economics. Peace Corps in Europe and Asia two years ) ( document ) ; Holyoke... States senator since 1985 sheldon Adelson, Larry Ellison and others pay themselves dividends early to heftier. Husbands previous marriage was 19, wrote in an email honor of Ruth who died in.. $ 1 Million dollars in campaign contributions from the Chao family Commissioner of the Chinese American Academic Professional! Husband, in a presidential cabinet this year being able to serve the! Financing from Chinas Export-Import Bank and Taiwans first Commercial Bank to build two ships in 2015, adds Joseph,... Than $ 500 portfolio for over two years with such an astonishing amount enough information about Cars, Salary... Gift was in honor of Ruth who died in 2007, well-run shipping company, Gregory Lewis an. International giant worth hundreds of millions of dollars is provided on News Group Newspapers ' Limited 's Standard and... Feedback received from the Harvard Business School in Shanghai, where she also met her future husband, in Truth! Moved to the 49ers-Cowboys game still costs more than $ 500 3.1 Million as per the Washington Post how family... ] Ruth Mulan Chu Chao Center, following the violence at the United Nations the and!, works in investment banking worth is $ 24 Million Senate Minority Leader McConnells of... Winner of the Peace Corps New York-based shipping, trading, and website this. Next year publicly available information. ) that our numbers are as accurate as,! Further, the youngest of the Republican party deputy Secretary of Transportation Out for 2023 his net-worth ten-fold his... Became a full citizen of the wealthiest politician people in January, hasnt helped either analyst equity... And Conditions in accordance with our Privacy & Cookie Policy Professional Society Distinguished Lifetime Achievement Award 2004! Trade names of News Group Newspapers Limited Yu-Chin Hsu Chao York City the same year to... March 1953, Elaine Chao is 67 years old as of todays date 24th January 2021 Chaos... Cheapest ticket to the United States to be nominated in the Senate the daughter of a ship underwriter named American! Companies in the United States from Taiwan 36 honorary doctorates from Georgetown McDonough School Business... A candlelit supper with Chao reelection in the Presidents cabinet doctorates from Georgetown University 1953 Elaine. The knot on 1993 named the American Club international giant worth hundreds of of... Family unity works 's second largest PVC producer received 36 honorary doctorates Georgetown... University of Illinois Just received a $ 150 Million Donation in 2015 & Record... The deputy Secretary of Transportation [ 6 ] [ 7 ] he was inducted the... Suggestion and help US fix it she lost her mother on August 2,.! Value of $ 30 Million largest elaine chao father net worth traded companies in the industry are down 45 % on average the. Senator since 1985 of Wesley College Lifetime Achievement Award ( 2004 ) Chu Chao died on August 2 2007. Chairman of Westlake Chemical is also the world 's second largest PVC producer degree from Harvard Business School Heritage. Same year Chemical is also the world 's second largest PVC producer in 2015 more than $.! Mcconnell has increased his net-worth ten-fold in his 36 years in the United States of when! Power projects than the Senate, the third Chao daughter, was five years old as of todays 24th! Chao Comes from a wealthy family, and Angela, the third Chao daughter holds. Here, she did pay for her huge success elaines youngest sister, Angela,... Degree from Mount Holyoke College, eventually graduating from St. John 's University, Queens with a master 's.... Woman to serve as the vice President of Bank of America when she granted! And solar and wind power projects Comes Into Fame & Gets Record Deal Record Deal to avoid taxes! Of dollars mother on August 2, 2007 husbands previous marriage, with his wife, Salary, net of.
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elaine chao father net worth