elaine chao father net worth

He has a variety of assets, such as trusts, mutual funds, bank accounts, and stocks. She is currently General Counsel of the Foremost Group. s presidency and is currently doing under the same position. It is a methanol export facilities project in Brunei, various upstream oil and gas acquisitions, a Jet Merox refinery expansion project in Thailand, and divestments in the Middle East and North Africa. He was previously married to Sherrill Redmon. 'https' : 'http'; NFL Playoff Tickets Set Divisional Round Record At Over $9,000, Brian Walshe Searched Best Ways To Dispose Of A Body On Day Wife Ana Walshe Disappeared, Prosecutors Say, Snoop Dogg, Gloria Estefan, Sade, Jeff Lynne Among Songwriters Hall Of Fame 2023 Class, Michigan Republicans Tell Gov. [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. He is the second Kentuckian to serve as a party leader in the Senate. She is now one of the wealthiest politician people in the United States. Wife Elaine Chao And Net Worth. Later, she went on to join Syosset High School which was located in Syosset, New York. Meanwhile, her beloved partner holds a staggering net value of$22.5 Million. She completed her master's in business administration from Harvard Business School in 1979. Though the twosome has been married for almost three decades, they havent welcomed any children. Lans other representative transactions include advising on a clean fuels refinery expansion project in Singapore. Her father moved to the U.S. on a scholarship and saved up for three years to pay for the familys visas and tickets to follow him. and shares three kids from her spouses previous marriage. The James S.C. Chao Scholarship is named after him. She is the first Asian American to serve as Deputy Secretary of Transportation and Director of the Peace Corps. 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. View our online Press Pack. Elaine Chao is the wife of an American politician and retired attorney, Mitch McConnell. Grace, the fifth Chao daughter, is a graduate of Wesley College. Her education details are unknown to date. 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. Elaine has also received her master's degree. In 1964, he earned a B.A. She is the current Secretary of Labor in the United States and has been in this Chao is the first winner of the Chinese American Academic and Professional Society Distinguished Lifetime Achievement Award (2004). Elaine Chao Net Worth As of January 2023, Chao has a net worth of over $35 million. 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. Chao continues as its Trustee Emeritus. Once more details are available on who she is dating, we will update this section. Required fields are marked *. According to his 2009 financial disclosure, while other senators fortunes were falling, McConnells jumped, thanks to a multimillion-dollar gift from his father-in-law, James Chao, to him and his wife, Elaine Chao, who now serves as President Trumps Secretary of Transportation. Chao is not the only wife of her husband, Mitch McConnell. She is 69 years old. ", 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. Subsequently, in 2014, her net worth enriched sevenfold, from, During the re-election campaigns of Mitch McConnells, her father contributed millions of dollars. 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. [22] The center is dedicated to executive education, the first building at HBS named after a woman and of an Asian surname. Elaines younger sisters included Jeanette, May, Christine, Grace, and Angela. She lost her mother on August 2, 2007. var s = d.createElement('script'); s.type='text/javascript';s.async=true; to Harvard Business School in 2012 for scholarships for students of Chinese heritage and the Ruth Mulan Chu Chao Center. In 2004, the net worth of Elaine was$3.1 Million as per the Washington Post. Elaines spouse, Addison Mitchell McConnell Jr., is the Senate Majority Leader and Kentuckys senior United States senator. The lovebird must be living their espousal life happily. During the re-election campaigns of Mitch McConnells, her father contributed millions of dollars. Houston-based Westlake Chemical is also the world's second largest PVC producer. Her father is an entrepreneur and philanthropist, while her mother is a historian. Fifty-five years later it is an international giant worth hundreds of millions of dollars. Mitch was also the chairman of the National Republican Senatorial Committee. All Rights Reserved. For other inquiries, Contact Us. He worked as a sea captain before moving to the United States in 1958. It has operations across North America, Europe and Asia. Former U.S. President Donald Trump attacked his former transportation secretary on social media, calling Elaine Chao crazy and saying she is trying to bolster her net worth by getting rich on China., The name-calling came as Trump criticized Senate Minority Leader Mitch McConnell (RKy. ', Elaine Chao'sLinkedin boi says, 'Proven Leader, Trailblazer, Mentor in the Public, Private & Nonprofit Sectors.'. Elaine Chao was born on March 26, 1953 in China. Shanghai-born James reportedly has a net worth of $400million; a fortune he earned through the Foremost Group, which operates a fleet of several dozen ships. 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. The University Of Illinois Just Received A $150 Million Donation. Full Name Elaine Lan Chao; Net Worth $24 Million; Date of Birth 26 March, 1953; Nickname Elaine Chao; Marital Status Married; WebLike many famous people and celebrities, Elaine Chao keeps her personal life private. American Celebrity Kid, Kaavia James Wade Bio, Parents, Relationship, and Net Worth, Cody Rigsby Bio, Age, Instagram, Partner, Career and Net worth. About Chao family. She is active on Instagram and appears to be a free spirit. Then again, after four years, they were blessed with two more daughters, The secretary of transportation, Lan has a jaw-dropping net worth of. WE HAVE A GHOST (February 24) Finding a ghost named Ernest haunting their new home turns Kevins family into overnight social media sensations. var p = 'https:' == document.location.protocol ? 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. Then again, after four years, they were blessed with two more daughters,Claire McConnellandPorter McConnell,in 1976 and 1979, respectively. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. Chao's oldest daughter is Elaine Chao, who is the first woman of Asian Pacific American descent appointed to a president's cabinet: she served as Secretary of Labor from 2001 to 2009, and as Secretary of Transportation from 2017 to 2021. 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[5], In the mid-1950s, Chao advanced through the ranks to become one of the youngest sea captains at the age of 29. Elaine Marital Life With The U.S. She was initiated into Omicron Delta Kappa at SUNY Plattsburgh in 1996 as an honors causa. Ruth attended high school in Shanghai, where she also met her future husband, James S.C. 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. McConnell cooked on occasion and did the clothing; Chao was answerable for fixing things around the house, Nia Frazier Height, Weight, Net Worth, Age, Birthday, Wikipedia, Who, Instagram, Biography, Nam Joo-Hyuk Is Accused Of Being The School Bully. Elaine Chaohas 4.1k followers. What Can 50 Naira Do For You In Nigeria Today? 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. 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 James Chao net worth: James Chao is a Chinese American entrepreneur who has a net worth of $400 million. She is a private person. 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. She was born in Kentucky in 1972. She has also worked in many financial institutions before serving as a politician. The whole Chao family is the top donor of the Republican Party of Kentucky, granting approximately $525,000over two decades. Her father is still alive and is 94 years old. She was dedicated to the Ruth Mulan Chu Chao Center by Hardware Business School in 2016. Mitch McConnell has served as Kentucky's senior United States senator since 1985. As per some tabloids, In the United States of America, the average wage of a politician is, Also, Chao was appointed as Secretary of Transportation on January 31, 2017, under. 2023 Celebrity Net Worth / All Rights Reserved. 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. The pair established the Mulan Foundation in 1984. She has admitted to having regrets about not conceiving. joined Twitter on January 2017. [6] In 2004, Chao was inducted into the International Maritime Hall of Fame at the United Nations in recognition of his long-standing service and dedication to the international maritime trading industry. Nevertheless, Elaine shares three children from her husbands previous marriage. Chau attended Tsai Hsing Elementary School in Taipei for kindergarten and first grade. She worked for the Hudson Institute and The Heritage Foundation, two conservative think tanks. James and his wife, Ruth Mulan Chu, both have an interest in higher education. Foremost is worth an estimated $1.2 billion before debt. The U.S. has a uniquely large and capable arms industry, which significantly impacts other facets of the economy. He is the founder of the Foremost Group, a New York-based shipping, trading, and finance enterprise. The pair married in 1951 and began their family. Ads accounted for around 90% of Twitters revenue in recent financial filings but many companies turned away from the platform after Musk took over. She has been able to be awarded 36 honorary doctorates. Also, an integrated steel mill project in Ethiopia and two pipeline projects in Djibouti. Chao was on the board of directors of several corporations. Right now, we dont have much information about Education Life. The 12th Director of the Peace Corps, Elaine and the U.S. Senate Majority Leader, McConnell, met in the early 1990s in Washington, DC. [6], Chao's daughter, Elaine, was Secretary of the Department of Transportation in the Donald Trump administration. She completed her master's from the University of Michigan and her bachelor's from Williams College. She served as the 18th United State secretary of transportation from 2017 to 2021 in the Trump administration. 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. She got married in the year 1993 to Mitch McConnell. James S.C. Chao is a Chinese-American entrepreneur, who founded the Foremost Group - a shipping, trading and finance enterprise based in New York. [14] In 1949, each relocated separately to Taiwan at the culmination of the Chinese Civil War,[15] and they married in 1950. She easily received approval from the U.S Senate. The 68-year-old leader worked as the United States of America president from 1992 through 1996. She is now Deputy Chairman, and oversees the companys strategy, operations and chartering. His primary source of wealth is being a politician. When is Jamb 2023/2024 Starting, Is JAMB Form Out For 2023? 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. Bloch received McConnell to a candlelit supper with Chao. Rick Monday Bio, Age, Height, Wife, Salary, Net Worth Dodgers. Market Realist is a registered trademark. May, the third Chao daughter, holds an MBA from the Harvard Business School. Unfortunately, in 1980, the ex-duo parted their ways, just a year after they welcomed their youngest daughter. "James S. C. Chao Chairman Foremost Group New York Class Year: 2009", "Bio of Dr. James S.C. Chao, The Inaugural CAAPS Distinguished Lifetime Achievement Award Winner", "Harvard Business School Building Boom Continues", "Inspector General's Report Cites Elaine Chao for Misuse of Office", "Did Elaine Chao's DOT interviews help her family's business? A look at the assets Secretary of Transportation Elaine Chao's mother owned when she died in 2007. [18] The Chaos had six daughters: Elaine, Jeanette, May, Christine, Grace and Angela[19][20] as well as six grandchildren (including three step-grandchildren from Elaine's marriage to Mitch McConnell).[21]. She publicly apologized for her action. She also served as the 24th U.S. secretary of labor from 2001 to 2009 in the George W. Bush administration. 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. She worked for the Foremost group for more than 10 years, before moving on to work for the New York State Consumer Protection Board. Fast Facts Net Worth The 69-year-old American politician has done well thus far. Walshe is charged with assault with intent to murder his wife, Ana Walshe. He is Elaine Chao's father, and Senator Mitch McConnell's father-in-law. She worked for many financial institutions before being appointed to several senior positions. An American inspirational and consequential politician, is the 18th United States Secretary of Transportation who has been serving in the position since, Previously, she also served as the United States Secretary of Labour for eight years from 2001 through 2009 under the presidency of. 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. From 2001 to 2009, she served as George W. Bushs secretary of labor. She has 36k followers and15 following. 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. Later, Mitch graduated from the University of Kentucky College of Law in 1967, where he served as the president Student Bar Association during his college days. She has also stated her education and career experiences in her account. We were very excitedthose of us in maritimeto have someone who understands maritime because we dont get enough attention, says Joan Mileski, the department head of maritime business administration at Texas A&M University at Galvestons, of Chaos appointment to the transportation department. { 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. He has been the Senate minority leader since 2021 and served as the Senate majority leader from 2015 to 2021. She has 36k followers and15 following. 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. which she accumulated throughout her multi-professional career. She then received an inheritance of $5 million to $25 million after her mother's death. When Ruth Chao died she was the matriarch of a family of eight. In her career as Director of Peace Corps, she was able to enhance the growth of the Peace Corps in Europe and Asia. Grace, the fifth Chao daughter, is a graduate of Wesley College. She served as Secretary of Labour under the presidency of George W. Bush from January 29, 2001, through January 20, 2009. Save my name, email, and website in this browser for the next time I comment. Claire is the second child of her parents. The foundation provides scholarships to students in both the U.S. and China to help them achieve better access to higher education. Master 's from Williams College Jamb Form Out for 2023 Foundation, two conservative think.. From 1992 through 1996 labor from 2001 to 2009, she went on to join Syosset High in... Mcconnell has served as Kentucky 's senior United States senator since 1985 the University Michigan! 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Europe and Asia a historian three kids from her husbands previous marriage a. Look at the assets Secretary of Transportation Elaine Chao 's mother owned she... Information about education Life Monday Bio, Age, Height, wife, Ruth Chu., `` Sun '', `` Sun '', `` Sun Online '' are trademarks! In many financial institutions before being appointed to several senior positions Hudson Institute and the Foundation. Not conceiving and retired attorney, Mitch McConnell both the U.S. she was able to enhance the growth the! She served as the 24th U.S. Secretary of Transportation from 2017 to.. Monday Bio, Age, Height, wife, Ana walshe Foundation, two think. Now, we dont have much information about education Life a politician the Foundation provides to... Presidency and is married to Gordon Hartogensis she is now Deputy chairman, and finance enterprise her education career. To enhance the growth of the Peace Corps, she served as the 24th U.S. Secretary of labor owned... 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