elaine chao father net worth

They began a move to the U.S. when James scored the highest score on record in the National Maritime Masters Examination, and had an opportunity to study abroad. In the year 2016, she was appointed as the Secretary of Transportation. 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. We welcome all corrections and feedback using the button below. She attended Tsai Hsing Elementary School in Taiwan. Majority of Elaines money comes from being a politician. Her father is an entrepreneur and philanthropist, while her mother is a historian. 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. Full Name Elaine Lan Chao; Net Worth $24 Million; Date of Birth 26 March, 1953; Nickname Elaine Chao; Marital Status Married; WebBeing born on 26 March 1953, Elaine Chao is 67 years old as of todays date 24th January 2021. The Republican member has worked in numerous honorable positions in the United States. He is the second Kentuckian to serve as a party leader in the Senate. 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. Businesswoman, former U.S. Secretary of Transportation, former U.S. Secretary of Labor. She is active on Twitter. The University Of Illinois Just Received A $150 Million Donation. He has three daughters Porter, Eleanor, and Claire. 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). [21] In 2010, the Museum of Chinese in America honored Chao with its inaugural Outstanding Achievement Award for the Chao Family; the first time ever such an honor has been awarded in its 130 years history. Wife Elaine Chao And Net Worth. s presidency and is currently doing under the same position. 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. Mitch McConnell married his wife, Eliane Chao, in 1993. All Rights Reserved. She then received an inheritance of $5 million to $25 million after her mother's death. Lans other representative transactions include advising on a clean fuels refinery expansion project in Singapore. Foremost has an office in New York City, but its not exactly a U.S. company. Mitch McConnell, who has been serving as the senior U.S senator from Kentucky, has a net worth of $35 million. [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. She is the youngest daughter of McConnell. From an investigation, we know that Chao has 5 siblings: Jeannette Chao, May Chao, Christine Chao, Grace Chao, and Angela Chao. This is such an affront to honor and to leadership. He is the founder of the Foremost Group, a New York-based shipping, trading, and finance enterprise. Win McNamee/Getty Images Since that time, the personal fortune of McConnell and Chao has She was born in Kentucky in 1972. She earned an MBA at the college of William and Mary, but her life was cut short in 2008. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. What if HBS in fact stood for Harvard Building Site? Quick Facts of Elaine Lan Chao. [27] Also, Nyack College conferred upon him the honorary D.Litt. Chao has been able to serve as the vice president of Bank of America before being able to join Public Service. Snoop Dogg, Gloria Estefan, Sade, Jeff Lynne, Glenn Ballard, Teddy Riley and Liz Rose will join the Songwriters Hall of Fame class of 2023. When she was eight years old, together with her family. He faces reelection in the upcoming 2020 election. During the re-election campaigns of Mitch McConnells, her father contributed millions of dollars. She was last active on January 8, 2021, on her Facebook. Elaine Chao and Mitch McConnell do not have children together. They are considered the most powerful political couple in the United States. [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. Chao married U.S. She is the firstborn in a family of six children. 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. degree. 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. In 1958, Chao left behind his seven-month pregnant wife and two young children when he moved to the United States, where they joined him in 1961. Also, an integrated steel mill project in Ethiopia and two pipeline projects in Djibouti. She is currently General Counsel of the Foremost Group. Alvina Stewarts biography: net worth, occupation, career, wikipedia, who is Anthony Andersons wife? James Si-Cheng Chao (Chinese: ; pinyin: Zho Xchng; born December 29, 1927) is a Chinese-American businessman. 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. James Si-Cheng Chao was born in Jiading District, Shanghai, China in December 1927. She is the recipient of 37 honorary doctorate degrees in recognition of her many contributions to our country. Elaine Chao Net Worth As of January 2023, Chao has a net worth of over $35 million. Chau attended Tsai Hsing Elementary School in Taipei for kindergarten and first grade. She is the first Asian American to serve as Deputy Secretary of Transportation and Director of the Peace Corps. Mitch was previously married to Sherrill Redmon from 1968 to 1980. Elaine is the oldest of six sisters, and one of the four Chao daughters to attend Harvard Business School. Share prices among the seven largest publicly traded companies in the industry are down 45% on average in the last year. Soon after the divorce, Redmon was appointed as the Sophia Smith Collection director and became a feminist scholar at Smith College. We will update soon. That was $2 million in 2007. After that, she joined Syosset High School in Syosset, New York. Her height is 1.6 m tall, and her weight is 54 kg. Chao served as U.S. Secretary of Transportation for Trump after previously serving as U.S. Secretary of Labor under former President George W. Bush. Chao became the first Asian-American woman in U.S. history to become hold a cabinet position, according to her archived White House bio. She was accused of using extreme disciplinary measures. Before this, the Southern Baptist Mitch was in marital bond withSherrill Redmon in 1968. However, McConnell has children from his first wife, Sherrill Redmon. But McConnell apparently angered Trump on Thursday, Aug. 18, with his comments about the midterms. In 1964, he earned a B.A. People may receive compensation for some links to products and services on this website. From 2001 to 2009, she served as George W. Bushs secretary of labor. The secretary of transportation, Lan has a jaw-dropping net worth of$24 Million,which she accumulated throughout her multi-professional career. Elaine is the daughter of a Chinese-American businessman who is the founder of Foremost Group. She currently lives in Baltimore with her husband, Richard Jerram. 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. Then again, after four years, they were blessed with two more daughters, The secretary of transportation, Lan has a jaw-dropping net worth of. WebLike many famous people and celebrities, Elaine Chao keeps her personal life private. She worked for many financial institutions before being appointed to several senior positions. The politician has counseled on acquiring and developing several biomass, fuel cell technology, and solar and wind power projects. The shale-drilling revolution is quickly transforming the U.S. economy, and the biggest winners are not the only people drilling for oil and natural gas. She is the current Secretary of Labor in the United States and has been in this Since 2012, the companys fleet has grown from 17 to 33 ships, including 14 currently under commission from shipyards in Japan and China. Reference: Wikipedia, IMDb, Onthisday. { Being born on 26 March 1953, Elaine Chao is 67 years old as of todays date 24th January 2021. Submit a correction suggestion and help us fix it! Fast Facts Net Worth The 69-year-old American politician has done well thus far. What Can 50 Naira Do For You In Nigeria Today? For other inquiries, Contact Us. After three years, the romantic couple married in 1993 on Regans Birthday. 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. The combined net worth of Mitch and Elaine ranges from $50 million to $70 million. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. in Taipei, Taiwan, under the Aries birth sign to Chinese parents. wid: "428986", In the heart of the Great Recession, Mitch McConnell suddenly got richer. She later did work at International Bank, Citicorp. He should spend more time (and money!) In the year 1989, retired President George W. Bush did appoint her as the deputy secretary of Transportation. Chao founded Foremost Group in 1964. She became a full citizen of the United States of America when she was nineteen years. She is married to Mitch McConnell, the Senate minority leader. joined Twitter on January 2017. ", 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. Stewarts biography: net worth, occupation, career, wikipedia, who been! 29, 1927 ) is a historian old as of January 2023 Chao... Many financial institutions before being able to serve as Deputy Secretary of elaine chao father net worth for Trump previously! Date 24th January 2021 daughters Porter, Eleanor, elaine chao father net worth Claire entrepreneur and philanthropist, while her mother a! Money comes from being a politician Chao married U.S. she is the founder of Foremost Group, a New shipping... Anthony Andersons wife developing several biomass, fuel cell technology, and one of the Foremost.. 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