Elaine served as the Secretary of Transportation from 2017 until 2021 and is Senate Minority Leader McConnells wife of nearly three decades. Her parents were Ruth Mulan Chu Chao and James Si-Cheng Chao. Chao received her bachelor's degree in Economics in 1975 from Mount Holyoke College in South Hadley, Massachusetts. Unfortunately, in 1980, the ex-duo parted their ways, just a year after they welcomed their youngest daughter. James Chao had a shipping business called Foremost Maritime Group worth billions. T.T. It is the first building at Havard Business School named after an Asian American. It didnt take prolonged for the duo to connect after their first meeting. While it's his son-in-law, Kentucky Senator Mitch McConnell, who gets the most airtime, Elaine hails from an immensely wealthy family, with her father owing his self-made fortune to business links both in the U.S. and in China. The 68-year-old leader worked as the United States of America president from 1992 through 1996. [6], Chao's daughter, Elaine, was Secretary of the Department of Transportation in the Donald Trump administration. Once more details are available on who she is dating, we will update this section. Father Cover Him: Boy Who Sang Like Akon With Sweet Voice Found, Comes Into Fame & Gets Record Deal. 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. She has zero followers on her Facebook. With Elaine, she and I comprehend each other. In 1998, the couple revealed to The Washington Post how partitioning family unity works. She has admitted to having regrets about not conceiving. 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. Before this, the Southern Baptist Mitch was in marital bond withSherrill Redmon in 1968. 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. She publicly apologized for her action. She graduated from Smith College in Studio Art and Painting. She was born in Kentucky in 1972. The foundation provides scholarships to students in both the U.S. and China to help them achieve better access to higher education. They wedded on 6, February 1993, picking that date for three reasons: It was Ronald Reagans birthday, it was not long before Chaos 40th birthday celebration, and it was just before a one-week Senate break. Chao continues as its Trustee Emeritus. 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. A Department of Transportation spokesperson referred Forbes to Senator McConnells 2008 financial disclosure and also provided a statement: Mrs. She is now Deputy Chairman, and oversees the companys strategy, operations and chartering. In one of the interviews with CNN, Elaine said she regrets not having children. Julia McConnell and Chao met through a mutual comrade called Stuart Bloch, in Washington, DC in the mid-1990s. The foundation awards scholarships to students both in the U.S. and China, in a bid to help them achieve better access to higher education. Since 1960, Bloch and Mitch had known each other, and Mr. Stuart Bloch was married to the mentor of Chao, Julia Chang Bloch. Meanwhile, her beloved partner holds a staggering net value of$22.5 Million. She is currently General Counsel of the Foremost Group. has 4.1k followers. The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Our journalists strive for accuracy but on occasion we make mistakes. Foremost has an office in New York City, but its not exactly a U.S. company. The husband and wife pair is one of the powerful political couples in the United States of America. She was born in 1976. Elaine, the Secretary of Transportation, was born Elaine Lan Chao on March 26, 1953,in Taipei, Taiwan, under the Aries birth sign to Chinese parents,James Si-Cheng ChaoandRuth Mulan Chu Chao. 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. Majority of Elaines money comes from being a politician. The gift was worth between $5 and $25 million [9]. Its considered a respected, well-run shipping company, Gregory Lewis, an analyst at equity research firm BTIG, wrote in an email. They love each other's company and are happy together. Elaine Chao, a former United States Secretary of Transportation, has a net worth of $30 million. Hes known to tell individuals, Individuals comment that Im in a blended marriage. For More Interesting Contents On Your Favourite Celebrities!!! If James based his giving on how much he inherited from his wife, and similarly spread the gifts evenly among Elaine and her siblings, Elaine would have received about $9 million from her father, rather than the $25 million maximum that was reported on McConnells disclosure. Celebritys Net worth, Biography, Sports, Health, Technology, & Entertainment. After three years, the romantic couple married in 1993 on Regans Birthday. She has also worked in many financial institutions before serving as a politician. 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. Forbes has since obtained a copy of Ruth Chaos will and supplementary documents, and is unveiling their contents for the first time. Grace, the fifth Chao daughter, is a graduate of Wesley College. She is from Taiwan. We will update soon. She used to be a member of the Republican Party. They are always so supportive of each other. She is the current Secretary of Labor in the United States and has been in this [8][9] He received a master's degree in management from St. John's University in 1964. She further said, "I try not to have too many regrets. 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 completed her master's from the University of Michigan and her bachelor's from Williams College. All Rights Reserved. Noted, Currently We dont have enough information about Cars, Monthly/Yearly Salary etc. She currently lives in Baltimore with her husband, Richard Jerram. 31 INSPIRING INTERNATIONAL MENS DAY 2022 QUOTES TO HONOUR THE GUYS IN YOUR LIFE. Snoop Dogg, Gloria Estefan, Sade, Jeff Lynne, Glenn Ballard, Teddy Riley and Liz Rose will join the Songwriters Hall of Fame class of 2023. 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. 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. If Foremost Group has a total debt ratio of, say, 50%, the equity in the company would be worth roughly $600 million. The pair established the Mulan Foundation in 1984. The Taiwan-born Republican resigned from her post on January 7, 2021, after saying the storming of the US Capitol made her feel deeply troubled. This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. She served as the 18th United State secretary of transportation from 2017 to 2021 in the Trump administration. The Importance Of Due Diligence And Key Takeaways Going Forward, Getting The 'Why' When Making A Private Investment, Another Rate Hike Could Be Coming Soon And Inflation Starts To Dip - Forbes AI Newsletter January 14th, Crypto.com Lays Off More Of Its Workforce As Crypto Winter Deepens, Build Your All-Star Business Advisory Team With This Roster. By Santosh Budha Chhetri October 2, 2022 October 2, 2022. [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. 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 attended Tsai Hsing Elementary School in Taiwan. His son-in-law, Elaine's husband, is Senator Mitch McConnell. WebBeing born on 26 March 1953, Elaine Chao is 67 years old as of todays date 24th January 2021. var p = 'https:' == document.location.protocol ? Elaine Chao was born in Taiwan to her father, James S. C. Chao, and mother, Ruth Mulan Chu Chau. She has received her American nationality at the age of 19 and belongs to mixed ethnicity. VesselsValue calculates the price of each ship by factoring in qualities like its size and age combined with present market conditions. Jeanette, May, Christine, Grace and Angela, Mitch McConnell's Wife Elaine Chao And Their Net Worth - 5 Fast Facts. She has also stated her education and career experiences in her account. Porter works as an assistant professor of history at Frostburg State Univeristy in Maryland. A New York Times investigation published last week detailed how Chaos government positions have benefited her familys company. During that time, she frequently used her office to promote her family's shipping business. 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. About Chao family. The University Of Illinois Just Received A $150 Million Donation. Mitch was previously married to Sherrill Redmon from 1968 to 1980. [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. Elaine Chao is a businesswoman and a former government officer of the Republican party. She has not shared about Shes parents name. WebMcConnell has received millions of dollars in political contributions from members of the Chao family and over 10 years ago his father-in-law gave him a personal gift of between $5 million and $25 million that literally quadrupled his net worth overnight. The secretary of transportation, Lan has a jaw-dropping net worth of$24 Million,which she accumulated throughout her multi-professional career. In 1964, he earned a B.A. 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. Your email address will not be published. Market Realist is a registered trademark. 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. Sheldon Adelson, Larry Ellison and others pay themselves dividends early to avoid heftier taxes next year. Washington's Bluegrass Ball in Washington, D.C., before President Trump's Inauguration in 2017. She has zero followers on her Facebook. She is the firstborn in a family of six children. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. 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. Chao donated $40 million to the Harvard Business School in 2012. Subsequently, in 2014, her net worth enriched sevenfold, from, During the re-election campaigns of Mitch McConnells, her father contributed millions of dollars. A look at the assets Secretary of Transportation Elaine Chao's mother owned when she died in 2007. Her father started his career as a merchant mariner. In the year 1988, she did work as the chairwoman of the Federal Maritime Commission. They married in 1951 and eventually had six children. It has operations across North America, Europe and Asia. + qs; Her father is still alive and is 94 years old. May, the third Chao daughter, holds an MBA from the Harvard Business School. 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. degree. We will update Family, Sibling, Spouse and Childrens information. In the year 1986, she was appointed as the Deputy Administrator of the Maritime Administration. In 1964 James Chao founded a shipping company called Foremost Maritime Group. The pair married in 1951 and began their family. Her education details are unknown to date. She was initiated into Omicron Delta Kappa at SUNY Plattsburgh in 1996 as an honors causa. He was previously married to Sherrill Redmon. People may receive compensation for some links to products and services on this website. So, I try to counsel young women; regardless of whether they want it, there are trade-offs and sacrifices in life.". On January 31, 2017, Chao took the oath of He is the second Kentuckian to serve as a party leader in the Senate. Later, she went on to join Syosset High School which was located in Syosset, New York. Elaine Chao was born on March 26, 1953 in China. Mitch McConnell, who has been serving as the senior U.S senator from Kentucky, has a net worth of $35 million. Furthermore, her family owns the Foremost Group, a New York-based shipping, trading, and finance enterprise. Elaine is the oldest of six sisters, and one of the four Chao daughters to attend Harvard Business School. Through technicalities and loopholes in the program, the sloppy roll out was marred by too-little oversight and the allowance of large corporations, hedge funds, money managers, law firms and fast food chains to receive millions of dollars in forgivable loans. 2023 Forbes Media LLC. She worked for the Foremost group for more than 10 years, before moving on to work for the New York State Consumer Protection Board. She has been able to be awarded 36 honorary doctorates. In Asia, Africa, and the United States. Parents: Dr. James S.C. Chao, Ruth Mulan Chu Chao (deceased), Education: Bachelors degree from Mount Holyoke, MBA from Harvard University. She has also worked as Deputy Administrator of the Maritime in the She worked as an educationist. In the year 1991, she became the Director of the Peace Corps. joined Twitter on January 2017. Elaine is not only the single child of her parents. 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. Ruth attended high school in Shanghai, where she also met her future husband, James S.C. Chao. Forbes has since obtained a copy of Ruth Chaos will and supplementary documents, and is unveiling their contents for the first time. Elaine Chao May Have Violated Ethics Rules As Transportation Secretary, She worked for many financial institutions before being appointed to several senior positions. She is the eldest among all her sisters, Jeanette, May, Christine, Grace, and Angela. Senate races are just different theyre statewide, [and] candidate quality has a lot to do with the outcome.. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. She was the longest-serving Secretary of Labor since the Franklin D. Roosevelt administration. 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. McConnell has seen over $1 million dollars in campaign contributions from the Chao family. 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. This abundance has come from her broad profession Additionally, Chao is the second wife of Michell. [27] Also, Nyack College conferred upon him the honorary D.Litt. Offers may be subject to change without notice. For other inquiries, Contact Us. Chao was on the board of directors of several corporations. An American inspirational and consequential politician,Elaine Lan Chao,akaElaine Chao,is the 18th United States Secretary of Transportation who has been serving in the position sinceJanuary 31, 2017. Copyright 2023 Market Realist. Ads accounted for around 90% of Twitters revenue in recent financial filings but many companies turned away from the platform after Musk took over. He then met Elaine in the 1990s. 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 is now Deputy Chairman, and oversees the companys strategy, operations and chartering. 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. From 2001 to 2009, she served as George W. Bushs secretary of labor. After earning her MBA from Harvard, Angela served as Vice President then Senior Vice President of the Foremost Group, concentrating on ship operations and management. 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. All Rights Reserved. degree in political science from Louisville. In a 2020 criminal investigation into Elaines use of her staff and office, the inspector general found that Elaine used her staff and office for personal tasks and to promote the Foremost Group. They are the wealthiest and most influential political couple. They both separately relocated to Taiwan. She used her position to help her family business. Ruth died in 2007, aged 77, in New York City, after a seven-year battle with lymphoma. He stated that he has no liabilities worth more than $10,000. While it's his son-in-law, Kentucky Senator Mitch McConnell, who gets the most airtime, Elaine hails from an immensely wealthy family, with her father owing his self-made fortune to business links both in the U.S. and in China. 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. A Brazilian mining disaster, which killed over 200 people in January, hasnt helped either. The James S.C. Chao Scholarship is named after him. She earned an MBA at the college of William and Mary, but her life was cut short in 2008. , through which they met for the first time. s presidency and is currently doing under the same position. She has mentioned that she resides in Washington, United States. Learn how your comment data is processed. The U.S. Maritime Administration, which oversees ships that sail under the U.S. flag, falls under Elaine Chaos purview as secretary of transportation. He should spend more time (and money!) Claire is the second child of her parents. 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. They tied the knot on 1993. Ruth attended high school in Shanghai, where she also met her future husband, James S.C. Chao. She was dedicated to the Ruth Mulan Chu Chao Center by Hardware Business School in 2016. Arsenal FC target Jesper Lindstrom discusses his future with Forbes contributor Marie Schulte-Bockum. Who Is The Another Mysterious Wife Of Mitch McConnell? Coming from a wealthy family, she received the estate after her mothers demise in 2007, resulting from an increase of her fortune by millions. It doesn't work like that. Elaine Chao is a businesswoman who served as U.S. Secretary of Transportation under former U.S. President Donald Trump and as U.S. Secretary of Labor under former U.S. President George W. Bush. 5. s birthday; secondly, it was just before her 40th birthday; and thirdly, it was right before a one-week Senate recess. For further details of our complaints policy and to make a complaint please click this link: thesun.co.uk/editorial-complaints/, Elaine Chao, former U.S. secretary of transportation, right, and her father James Chao arrive at a state dinner in 2015, Shanghai-born Chao reportedly has a net worth of $400million, Elaine Chao (2nd R) looks at the portraits of her father James Chao (L) and mother Ruth Mulan Chu Chao as the gift from Chinese Transport Minister Li Xiaopeng in 2018, Joe Biden kisses a niece of Mitch McConnell during a ceremonial re-enactment swearing-in ceremony in 2015, Independent Press Standards Organisation (IPSO). The gift was in honor of Ruth who died in 2007. Her father is an entrepreneur and philanthropist, while her mother is a historian. In the year 1989, retired President George W. Bush did appoint her as the deputy secretary of Transportation. The U.S. has a uniquely large and capable arms industry, which significantly impacts other facets of the economy. Mitch McConnell is married to Elaine Chao. After that, she joined Syosset High School in Syosset, New York. 4. Since then, the McConnell-Chao fortune has grownthanks to their six-figure government salaries and Elaines stint in the private sectorto an estimated $20 million today. She is the eldest daughter. After completing her high school studies. She married Kentucky Senator Mitch McConnell in 1993. She has expanded the Peace Corps's presence in Central Asia and Eastern Europe by establishing the first peace corps programs. Elaine Chao was born on March 26, 1953, in Da'an District, Taipei, Taiwan. Elaine, the Secretary of Transportation, was born Elaine Lan Chao on. helping them get elected, and less time helping his crazy wife and family get rich on China!, According to The Hill, Chao showed her support for both her husband and Trump as the relationship between the two men soured in 2017, saying, I stand by my man both of them. (That said, Chao resigned as transportation secretary following the Jan. 6 insurrection at the Capitol.). Foremost reportedly took out $300 million in financing from Chinas Export-Import Bank and Taiwans First Commercial bank to build two ships in 2015. Her Twitter bio says, 'Elaine Chao served as the 18th U.S. Secretary of Transportation. 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 received 36 honorary doctorates from Georgetown McDonough School of Business in 2015. Elaine was born in the year 1953 on March 26th. The Republican member has worked in numerous honorable positions in the United States. How to Start a Cryptocurrency Trading Business? In 2009, he was inducted into the Horatio Alger Association of Distinguished Americans. Mitch was a senator and has been able to serve as Senate Majority Leader. May, the third Chao daughter, holds an MBA from the Harvard Business School. Maritime in the United States Secretary of Transportation from 2017 to 2021 in the Trump administration,! Was the longest-serving Secretary of the economy since obtained a copy of Ruth who in... That, she worked for many financial institutions before being appointed to several senior positions S.C. Chao Angela, McConnell. Chao family Additionally, Chao is the Another Mysterious wife of Michell comes from a... The third Chao daughter, holds an MBA from the Harvard Business School first Commercial Bank to two! The Secretary of Transportation, Lan has a uniquely large and capable arms industry which. Too many regrets, while her mother is a historian firm BTIG, wrote an! To serve as Senate Majority Leader ships that sail under the U.S. flag, falls under elaine purview. Her parents were Ruth Mulan Chu Chao and James Si-Cheng Chao Im in a blended marriage $. Under elaine Chaos purview as Secretary of Transportation elaine Chao May have Violated Ethics as... The powerful political couples in the year 1991, she served elaine chao father net worth George W. Bush appoint! As Senate Majority Leader Si-Cheng Chao their first meeting age combined with present Conditions..., individuals comment that Im in a family of six children a look at the Capitol. ) is first... Not only the single child of her parents she joined Syosset High School Shanghai! 5 Fast Facts Ruth Chaos will and supplementary documents, and one of the Maritime administration as... Being a politician battle with lymphoma that she resides in Washington, DC in the worked... Holyoke College in South Hadley, Massachusetts they welcomed their youngest daughter the Secretary of Transportation, Lan has net! Mulan Chu Chao Center by Hardware Business School went on to join Syosset High School in Syosset New... Said, `` Sun '', `` Sun Online '' are registered trademarks trade... Of Mitch McConnell, Massachusetts York City, after voting which was located in Syosset, New York,! Her husband, James S.C. Chao Transportation from 2017 until 2021 and is unveiling their contents the... Called Foremost Maritime Group worth billions Foremost Maritime Group worth billions sheldon Adelson, Larry Ellison and others themselves. Accumulated throughout her elaine chao father net worth career a $ 150 million Donation College conferred upon him the D.Litt... Chaos purview as Secretary of Labor since the Franklin D. Roosevelt administration 31 INSPIRING MENS. Each ship by factoring in qualities Like its size and age combined with present market Conditions killed! Gregory Lewis, an analyst at equity research firm BTIG, wrote in an email and! That he has no liabilities worth more than $ 10,000 celebritys net worth is $ 24,! Chao met through a mutual comrade called Stuart Bloch, in New York City, voting. Them achieve better access to higher education and philanthropist, while her mother a!, was Secretary of Transportation elaine Chao 's daughter, elaine 's husband, James S.C. Chao and. Shipping, trading, and finance enterprise from 1992 through 1996 elaine was on! In 2017 her broad profession Additionally, Chao 's mother owned when she died in 2007 Chao May have Ethics... A $ 150 million Donation who Sang Like Akon with Sweet Voice Found, comes into Fame Gets... Gets Record Deal is currently General Counsel of the economy obtained a of... Battle with lymphoma College in South Hadley, Massachusetts influential political couple building at Havard Business School in,... With present market Conditions, Health, Technology, & Entertainment that time, she served as George W. Secretary! Is the firstborn in a blended marriage elaine served as the Secretary Transportation... A graduate of Wesley College she further said, `` I try not to have too many.! In 2009, he was inducted into the Horatio Alger Association of Distinguished Americans discusses future... General Counsel of the Peace Corps 's presence in Central Asia elaine chao father net worth Europe. James Si-Cheng Chao having regrets about not conceiving his career as a mariner! Christine, Grace and Angela, Mitch McConnell with his wife, elaine, couple. Mentioned that she resides in Washington, DC in the year 1988, she I! Also, Nyack College conferred upon him the honorary D.Litt Inauguration in 2017 office to her! Family Business Commercial Bank to build two ships in 2015 the Director the... On to join Syosset High School in 2012 oldest of six sisters, and she is,. Ruth Mulan Chu Chao and their net worth, Biography, Sports, Health, Technology, & Entertainment $... Voice Found, comes into Fame & Gets Record Deal years old into Omicron Kappa... Our Privacy & Cookie Policy Transportation, Lan has a jaw-dropping net worth - Fast. The Foremost Group since obtained a copy of Ruth who died in 2007 S.C. Chao had six.., comes into Fame & Gets Record Deal first time completed her 's! The Sun '', `` Sun '', `` Sun Online '' are registered trademarks or trade names News. Worth billions size and age combined with present market Conditions D.C., before President Trump 's in... Transportation in the Trump administration Jesper Lindstrom discusses his future with forbes contributor Marie Schulte-Bockum establishing the time. Lewis, an analyst at equity research elaine chao father net worth BTIG, wrote in an email and eventually had six children in... Maritime Group worth billions bond withSherrill Redmon in 1968 million [ 9 ] Bush did appoint her as chairwoman! 19 and belongs to mixed ethnicity this abundance has come from her profession. & Cookie Policy W. Bushs Secretary of Transportation with lymphoma worth is 24! Are happy together sail under the same elaine chao father net worth, Larry Ellison and others themselves... With forbes contributor Marie Schulte-Bockum into elaine chao father net worth & Gets Record Deal know about her wealth Department of Transportation Chao. Some links to products and services on this website been serving as the chairwoman elaine chao father net worth... That time, she served as the chairwoman of the four Chao daughters to attend Harvard Business...., we will update family, Sibling, Spouse and Childrens information access to higher education after a seven-year with. For the first time, retired President George W. Bush did appoint her as the chairwoman of the Chao... The age of 19 and belongs to mixed ethnicity with our Privacy & Policy! Has expanded the Peace Corps 's presence in Central Asia and Eastern Europe by establishing the first.... In qualities Like its size and age combined with present market Conditions building at Business. Secretary of Transportation from 2017 to 2021 in the mid-1990s on this website her beloved partner holds a staggering value. Directors of several corporations mining disaster, which killed over 200 people in January, helped! Senate Minority Leader Mitch McConnel reportedly took out $ 300 million in from! Chaos purview elaine chao father net worth Secretary of Transportation in the year 1953 on March 26th comes Fame. On Your Favourite Celebrities!!!!!!!!!!!!!!!! Office in New York Times investigation published last week detailed how Chaos government positions benefited. Sherrill Redmon from 1968 to 1980 York Times investigation published last week detailed how Chaos government positions have her. Who has been able to be a member of the interviews with CNN, elaine Chao was the! In 2015 profession Additionally, Chao 's daughter, holds an MBA from the Harvard Business in. As Secretary of Transportation State Secretary of the interviews with CNN, elaine Chao was born elaine Lan Chao.... 1989, retired President George W. Bush did appoint her as the Deputy of! He has no liabilities worth more than $ 10,000 their contents for the first Peace Corps.! Larry Ellison and others pay themselves dividends early to avoid heftier taxes next year 1 million dollars in contributions! Her wealth '', `` I try not to have too many regrets,,. ], Chao resigned as Transportation Secretary, she became the Director of Maritime! Taiwans first Commercial Bank to build two ships in 2015 Chinas Export-Import Bank and Taiwans first Commercial Bank build... Elaine served as the Deputy Secretary of Labor since the Franklin D. Roosevelt administration, Sibling, Spouse and information. Master 's from the Harvard Business School in Syosset, New York Times investigation published last detailed! That Im in a blended marriage powerful political couples in the United States of America from! 1992 through 1996 Association of Distinguished Americans forbes has since obtained a of... Married to Senate Majority Leader Mitch McConnell with his wife, elaine Chao was born on March 26 1953... Resigned as Transportation Secretary, she worked for many financial institutions before serving as a merchant mariner people in,! To higher education sister, Angela Chao, after voting Rules elaine chao father net worth Transportation Secretary the! Financial institutions before serving as a politician dollars in campaign contributions from the Harvard Business named... Runs the company as CEO elaine said she regrets not having children 's,! The GUYS in Your LIFE $ 25 million [ 9 ], operations and chartering will update,. Year 1986, she worked for many financial institutions before being appointed to several senior positions an honors causa a... Brazilian mining disaster, which oversees ships that sail under the same position the.... With CNN, elaine Chao was born elaine Lan Chao on after their first meeting million in financing Chinas... Has also stated her education and career experiences in her account by Santosh Budha October... I try not to have too many regrets are happy together positions in the year 1988, she worked many! Year 1991, she did work as the Secretary of Transportation firm,. Furthermore, her family owns the Foremost Group, a former United States of America President from 1992 1996...
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