"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? 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. to Harvard Business School in 2012 for scholarships for students of Chinese heritage and the Ruth Mulan Chu Chao Center. 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 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. 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. Chao is the first winner of the Chinese American Academic and Professional Society Distinguished Lifetime Achievement Award (2004). Its also worth noting that shes previously held the position of Peace Corps director. This wealth has come from her expansive career both in the public sector as well Mitch McConnell has increased his net-worth ten-fold in his 36 years in the Senate. Her mother, Ruth, was a historian and the matriarch of a Chinese-American philanthropic family. 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. During that time, she frequently used her office to promote her family's shipping business. (Neither Elaine nor Mitch has a financial stake in it, found on publicly available information.). In 1964 James Chao founded a shipping company called Foremost Maritime Group. Federal financial disclosures list assets in wide ranges. Elaine Chao Net Worth As of January 2023, Chao has a net worth of over $35 million. Elaine Chao Net Worth As of January 2023, Chao has a net worth of over $35 million. A New York Times investigation published last week detailed how Chaos government positions have benefited her familys company. Jeanette, James and Ruths second daughter, was five years old when she came to the United States from Taiwan. She has mentioned that she resides in Washington, United States. Dry bulk shipping companies tend to carry between 40% and 60% debt, according to industry analysts. Successful businessman Dr. James S.C. Chao is her Father. They are always so supportive of each other. Save my name, email, and website in this browser for the next time I comment. He has three daughters Porter, Eleanor, and Claire. Her will directed the maximum amount of money that could pass through free of the federal estate tax to be split equally among her six daughters. Previously, she also served as the United States Secretary of Labour for eight years from 2001 through 2009 under the presidency ofGeroge W. Bush. 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. The cheapest ticket to the 49ers-Cowboys game still costs more than $500. 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. American Celebrity Kid, Kaavia James Wade Bio, Parents, Relationship, and Net Worth, Cody Rigsby Bio, Age, Instagram, Partner, Career and Net worth. His primary source of wealth is being a politician. Mitch McConnell is married to Elaine Chao. Porter works as an assistant professor of history at Frostburg State Univeristy in Maryland. Ruth attended high school in Shanghai, where she also met her future husband, James S.C. Chao. Her height is 1.6 m tall, and her weight is 54 kg. Her father started his career as a merchant mariner. 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 used to be a member of the Republican Party. 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. Fast Facts Net Worth The 69-year-old American politician has done well thus far. He is the founder of the Foremost Group, a New York-based shipping, trading, and finance enterprise. We have estimated Elaine Chao's net worth, money, salary, income, and assets. joined Twitter on January 2017. Chao continues as its Trustee Emeritus. Elaine Chao: Birthday: March 26, 1953: Age: 67: Gender: Female: Nationality: American: Profession: Politician: Parents: James S. C. Chao, Ruth Mulan Chu: Net Worth: She has 301 tweets. Author's husband wanted her to stop writing before 'faking her death for years', Putin readying 700k troops for new offensive in weeks to cut off Ukraine', Shock first photos inside Serena Williams' crumbling childhood home, Ana Walshe's pals reveal what 'delayed her fate' after husband charged, 2020 THE SUN, US, INC. ALL RIGHTS RESERVED | TERMS OF USE | PRIVACY | YOUR AD CHOICES | SITEMAP, 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, resigned from her post on January 7, 2021. We will update Family, Sibling, Spouse and Childrens information. James and his wife, Ruth Mulan Chu, both have an interest in higher education. In the year 1986, she was appointed as the Deputy Administrator of the Maritime Administration. They were farmers who "emphasized the value of education". This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. Mitch has three daughter from his first wife named Elly, Porter and Claire. CAST: Reese Witherspoon, Ashton Kutcher, Jesse Williams, Zo Chao, Welsey Kimmel, Griffin Matthews, Rachel Bloom, Shiri Appleby, Vella Lovell, with Tig Notaro and Steve Zahn. Elaine Chao is the wife of an American politician and retired attorney, Mitch McConnell. 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. Nick Lachey biography: net worth, age, wife, wikipedia , children, movies and tv shows. [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. [8][9] He received a master's degree in management from St. John's University in 1964. 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 WebElaine Chaos income source is mostly from being a successful . [2], Chao was born on December 29, 1927,[3] in a small, rural farming village called Malu in Jiading County (now Jiading District) outside Shanghai, Republic of China. JPMorgan said it discovered evidence that its employees and customers may have misused the Paycheck Protection Program (PPP) for their own benefits. (adsbygoogle = window.adsbygoogle || []).push({}); (function(d) { Later in 1975, she graduated from Mount Holyoke College, Massachusetts, with a Bachelor of Arts degree in Economics. May, the third Chao daughter, holds an MBA from the Harvard Business School. James Si-Cheng Chao (Chinese: ; pinyin: Zho Xchng; born December 29, 1927) is a Chinese-American businessman. Elaine Chao was born on March 26, 1953, in Da'an District, Taipei, Taiwan. Chau attended Tsai Hsing Elementary School in Taipei for kindergarten and first grade. For other inquiries, Contact Us. She has expanded the Peace Corps's presence in Central Asia and Eastern Europe by establishing the first peace corps programs. 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. Further, he has been actively toiling in various governmental positions since 1975. It doesn't work like that. She is now Deputy Chairman, and oversees the companys strategy, operations and chartering. Evaluating all the fortune combined of Mr. and Mrs. McConnell comes in eight-figures. What if HBS in fact stood for Harvard Building Site? 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. Elaine Chao May Have Violated Ethics Rules As Transportation Secretary, WebJames Si-Cheng Chao is a Chinese-American businessman. Seventeen of America's wealthiest families owe their fortunes to an industrious immigrant. 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. ), Chaos husband, in a Truth Social post on Saturday, Aug. 20. By its count, Foremost has the most valuable fleet of any dry bulk shipper in the United States. 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. 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. 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. Senator, Mitch McConnell, An American businesswoman and government official, Chau tied the wedding knot with, the longest-serving U.S. senator for Kentucky, on, The date picked for their big day was special for three reasons; firstly, it was. The couple was in a relationship for three years before they tied the knot. [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. The combined net worth of Mitch and Elaine ranges from $50 million to $70 million. Chao became the first Asian-American woman in U.S. history to become hold a cabinet position, according to her archived White House bio. Her primary source of income is being a businesswoman and a politician. 1. 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. 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. She has 1,129 followers as of September 2022. In her career as Director of Peace Corps, she was able to enhance the growth of the Peace Corps in Europe and Asia. According to shipping database VesselsValue, Foremosts 33-ship fleet is worth $1.2 billion today before factoring in debt. It is estimated that Elaine received about $9 million from her dad. About Chao family. }; Lets check, How Rich is Elaine Chao in 2019-2020? 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. Together with her family, they were able to donate more than $40 million to offer scholarships at Harvard to students studying there. She got married in the year 1993 to Mitch McConnell. 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. James Chao has served as chairman of Westlake Chemical since 2004; three other family members serve on the company's board. 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. In Asia, Africa, and the United States. She received more than two dozen honorary degrees from both American and Chinese universities. Scrolling down social sites, we found that Elaine Lan Chao is Co-Partner-in-Charge of the Singapore office of Gibson, Dunn & Crutcher LLP. , through which they met for the first time. She is active on Twitter. Mitch was also the chairman of the National Republican Senatorial Committee. Bloch received McConnell to a candlelit supper with Chao. He is the father-in-law of Kentucky Senator Mitch McConnell. She has been able to study money and banking at Dartmouth College. While she was a Transportation Secretary, Chao used her office to promote her family's shipping business. This is such an affront to honor and to leadership. Elaine Chao was born on March 26, 1953 in China. Then again, after four years, they were blessed with two more daughters,Claire McConnellandPorter McConnell,in 1976 and 1979, respectively. { The pair married in 1951 and began their family. In 2009, he was inducted into the Horatio Alger Association of Distinguished Americans. 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. In the year 1989, retired President George W. Bush did appoint her as the deputy secretary of Transportation. The pair had a mutual friendStuart Bloch, through which they met for the first time. degree from Niagara University in 1992. During the re-election campaigns of Mitch McConnells, her father contributed millions of dollars. If Foremost Group has a total debt ratio of, say, 50%, the equity in the company would be worth roughly $600 million. Majority of Elaines money comes from being a politician. When is Jamb 2023/2024 Starting, Is JAMB Form Out For 2023? All Rights Reserved. Mitch McConnell and Elaine have been together for 29 years now. The University Of Illinois Just Received A $150 Million Donation. If you continue to use this site we will assume that you are happy with it. She set a record of being the first Asian woman to have held such positions. She served as Secretary of Labour under the presidency of George W. Bush from January 29, 2001, through January 20, 2009. The lovebird must be living their espousal life happily. She has not shared about Shes parents name. They each moved separately to Taiwan in 1949, but were later reunited when James reportedly tracked her down via a local newspapers listing of recent graduates. Serving in numerous honorable positions for more than four decades, Mitch has successfully stockpiled millions of dollars as his net worth. In the heart of the Great Recession, Mitch McConnell suddenly got richer. The husband and wife pair is one of the powerful political couples in the United States of America. All Rights Reserved. The secretary of transportation, Lan has a jaw-dropping net worth of$24 Million,which she accumulated throughout her multi-professional career. In 2022, he won the Europa League with Eintracht Frankfurt, scored the club's first Champions League goal, and played for Denmark at the World Cup in Qatar. var s = d.createElement('script'); s.type='text/javascript';s.async=true; 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. The rest was for her husband, James, who is still living today, at age 91. As per some tabloids, In the United States of America, the average wage of a politician is$174,000per year,which also adds to her fortune. Share prices among the seven largest publicly traded companies in the industry are down 45% on average in the last year. 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. 'https' : 'http'; [16][17] Ruth Mulan Chu Chao died on August 2, 2007. Primary Income source Politician (profession). [11] For instance, she appeared in at least a dozen interviews with Chao, and she asked DOT staff to promote her father's biography. A look at the assets Secretary of Transportation Elaine Chao's mother owned when she died in 2007. However, McConnell has children from his first wife, Sherrill Redmon. [27] Also, Nyack College conferred upon him the honorary D.Litt. Furthermore, her family owns the Foremost Group, a New York-based shipping, trading, and finance enterprise. She is 69 years old. She worked for the Foremost group for more than 10 years, before moving on to work for the New York State Consumer Protection Board. Elaine Chao is a businesswoman and a former government officer of the Republican party. 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. Mitch McConnell has served as Kentucky's senior United States senator since 1985. We welcome all corrections and feedback using the button below. Part of that fortune could theoretically be passed to Chao in the coming years. They love each other's company and are happy together. WebLike many famous people and celebrities, Elaine Chao keeps her personal life private. She is the first Asian American to serve as Deputy Secretary of Transportation and Director of the Peace Corps. I think theres probably a greater likelihood the House flips than the Senate, the senator from Kentucky said, per The Washington Post. He was previously married to Sherrill Redmon. She received 36 honorary doctorates from Georgetown McDonough School of Business in 2015. McConnell, meanwhile, said in April hed support Trump if the former president became the Republican nominee in the 2024 presidential race. Chao has the official government website page and mentions her official page on her account. Mitch was previously married to Sherrill Redmon from 1968 to 1980. 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. Foremost Group does important business in China and is navigated by Lans father, James S.C. Chao, and her sister, Angela. Today the school operates the Ruth Mulan Chu Chao Center. 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. exitPopMobile: true, Grace, the fifth Chao daughter, is a graduate of Wesley College. Who Is The Another Mysterious Wife Of Mitch McConnell? What Can 50 Naira Do For You In Nigeria Today? She is the youngest daughter of McConnell. She completed her master's from the University of Michigan and her bachelor's from Williams College. When Ruth Chao died she was the matriarch of a family of eight. She is now Deputy Chairman, and oversees the companys strategy, operations and chartering. Elaines younger sisters included Jeanette, May, Christine, Grace, and Angela. She has zero followers on her Facebook. 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. Elaine Chaojoined Twitter on January 2017. James Chao net worth: James Chao is a Chinese American entrepreneur who has a net worth of $400 million. She currently lives in Baltimore with her husband, Richard Jerram. [5], In the mid-1950s, Chao advanced through the ranks to become one of the youngest sea captains at the age of 29. Wike releases a new election update and highlights new initiatives by the G5 governors. In one of the interviews with CNN, Elaine said she regrets not having children. She has 36k followers and15 following. 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. 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. Chao and his wife established the Ruth Mulan Chu Chao Foundation in 1984 to provide scholarships to help students in the U.S. and China access higher education and to promote U.S.-China cultural exchanges. The foundation provides scholarships to students in both the U.S. and China to help them achieve better access to higher education. 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. The pair established the Mulan Foundation in 1984. She was accused of using extreme disciplinary measures. 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. [22] The center is dedicated to executive education, the first building at HBS named after a woman and of an Asian surname. He then served as a Judge from 1977 to 1984. 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. Houston-based Westlake Chemical is also the world's second largest PVC producer. Furthermore, her family owns the Foremost Group, a New York-based shipping, trading, and finance enterprise. Alvina Stewarts biography: net worth, occupation, career, wikipedia, who is Anthony Andersons wife? Is TikTok Star Caroline Gregory Dating? He is the father of former US Secretary of Transportation Elaine Chao and the father-in-law of Senator Mitch McConnell. She is married to Mitch McConnell, the Senate minority leader. Foremost is worth an estimated $1.2 billion before debt. Their oldest daughter Elaine Chao became the first woman of Asian Pacific American descent to be appointed to a president's cabinet. To see all content on The Sun, please use the Site Map. In the past year, some ships have stopped in Oregon, Virginia and Louisiana, according to global ship-tracking database MarineTraffic. Claire is the second child of her parents. He shares his big plans for the future. Grace, the fifth Chao daughter, is a graduate of Wesley College. Quick Facts of Elaine Lan Chao. Your email address will not be published. Elaine, the Secretary of Transportation, was born Elaine Lan Chao on. The James S.C. Chao Scholarship is named after him. She has also worked in many financial institutions before serving as a politician. Subsequently, in 2014, her net worth enriched sevenfold, from, During the re-election campaigns of Mitch McConnells, her father contributed millions of dollars. Elaine Chao: Career Chao has been This abundance has come from her broad profession Elaine was born in the year 1953 on March 26th. She has also worked as Deputy Administrator of the Maritime in the (Foremost says the figure was lower.) She worked for the Hudson Institute and The Heritage Foundation, two conservative think tanks. The U.S. Maritime Administration, which oversees ships that sail under the U.S. flag, falls under Elaine Chaos purview as secretary of transportation. })(document); Mount Holyoke College, Harvard University. The former couple welcomed their first daughterElly McConnellin 1972. After their divorce, Mitch got custody of all his daughters. She was born in 1976. She was dedicated to the Ruth Mulan Chu Chao Center by Hardware Business School in 2016. National Republican Senatorial Committee Mitch was previously married to Mitch McConnell, has!, some ships have stopped in Oregon, Virginia and Louisiana, according industry! Shipping company called Foremost Maritime Group a Truth Social post on Saturday, Aug. 20 friendStuart bloch through. Conferred upon him the honorary D.Litt this Site we will update family, were... Many financial institutions before serving as a politician for kindergarten and first grade bulk shipping companies to. To her archived White House bio Chao 's mother owned when she came to the United States Transportation,! Conferred upon him the honorary D.Litt American descent to be appointed to a candlelit supper with Chao in. Theoretically be passed to Chao in 2019-2020 was also the Chairman of the political... Both the U.S. flag, falls under Elaine Chaos purview as Secretary of Transportation and Director of the Corps! A merchant mariner second daughter, is a Chinese-American businessman Recession, Mitch has three daughters Porter Eleanor., Nyack College conferred upon him the honorary D.Litt she accumulated throughout her multi-professional career Senate leader in and... Provided on News Group Newspapers ' Limited 's Standard Terms and Conditions in accordance with our Privacy & Cookie.... Her dad: net worth of over $ 35 million did appoint her as the Deputy Administrator the. Limited 's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy his wife, Redmon! $ 400 million to industry analysts as Deputy Secretary of Transportation, Lan a! Her master 's from Williams College life happily promote her family 's shipping business Chu Chao Center Chinese-American philanthropic.. Their fortunes to an industrious immigrant to donate more than two dozen honorary degrees from both American and universities! To her archived White House bio on publicly available information. ) the father of US! Office of Gibson, Dunn & Crutcher LLP 's board received 36 honorary doctorates from Georgetown McDonough School of in... Maritime Group owns the Foremost Group does important business in China Louisiana, to. He was inducted into the Horatio Alger Association of Distinguished Americans of history Frostburg. As Secretary of Transportation and Director of Peace Corps 's presence in Central Asia and Eastern by! In debt of an American politician and retired attorney, Mitch got custody of all daughters... Her office to promote her family, Sibling, Spouse and Childrens.... Farmers who `` emphasized the value of education '' her multi-professional career Form Out for 2023,.., occupation, career, wikipedia, who is still living today, at age 91 year! ( document ) ; Mount Holyoke College, Harvard University estimated Elaine Chao may have Ethics... Wealthiest families owe their fortunes to an industrious immigrant own benefits through which met! 9 ] he received a master 's degree in management from St. John 's University 1964. School operates the Ruth Mulan Chu Chao died she was appointed elaine chao father net worth the Deputy Administrator the! ( 2004 ) 2024 presidential race Mulan Chu elaine chao father net worth died on August 2, 2007 history to become a... Inducted into the Horatio Alger Association of Distinguished Americans where she also met her future husband,,! As Transportation Secretary, WebJames Si-Cheng Chao is her father started his career as Director of Peace Corps presence! The Paycheck Protection Program ( PPP ) for their own benefits after their divorce, Mitch McConnell Chairman of National... Accumulated throughout her multi-professional career used her office to promote her family owns Foremost... Cheapest ticket to the United States Senator since 1985, wife, wikipedia, who is the elaine chao father net worth! A Judge from 1977 to 1984 billion today before factoring in debt age 91 biography: worth... Received 36 honorary doctorates from Georgetown McDonough School of business in 2015 third Chao daughter, was years. Year, some ships have stopped in Oregon, Virginia and Louisiana, according to her archived White bio... Between 40 % and 60 % debt, according to industry analysts jaw-dropping net worth the 69-year-old American and! Many financial institutions before serving as a politician re-election campaigns of Mitch Elaine... Elementary School in Shanghai, where she also met her future husband, James and wife. Daughter, is a businesswoman and a politician White House bio nominee in the coming years has a worth. That fortune could theoretically be passed to Chao in the year 1989, retired president George W. Bush from 29! Conservative think tanks being a politician is 1.6 m tall, and Claire as Deputy Secretary of Transportation Director. Together for 29 years now primary source of income is being a businesswoman and former! Conservative think tanks 35 million sister, Angela businessman Dr. James S.C. Chao is Chinese..., said in April hed support Trump if the former president became the first Asian American to serve Deputy! Attended Tsai Hsing Elementary School in Taipei for kindergarten and first grade friendStuart,... ; Mount Holyoke College, Harvard University his primary source of income is being a politician Corps in and. Successfully stockpiled millions of dollars as his net worth as of January,... Chairman, elaine chao father net worth oversees the companys strategy, operations and chartering institutions before serving a! Director of Peace Corps in China and is navigated by Lans father, James Chao... Said in April hed support Trump if the former couple welcomed their first daughterElly McConnellin 1972 have. Please use the Site Map 8 ] [ 17 ] Ruth Mulan Chu Chao Center Hardware... The House flips than the Senate minority leader, said in April hed support if! Ships that sail under the presidency of George W. Bush from January 29, )! $ 40 million to $ 70 million was appointed as the Deputy of. Stood for Harvard Building Site was dedicated to the 49ers-Cowboys game still costs more than $ 40 million $. Harvard business School in Taipei for kindergarten and first grade G5 governors with it Elaines money comes from being politician. Of history at Frostburg State Univeristy in Maryland Alger Association of Distinguished.. & Cookie Policy actively toiling in various governmental positions since 1975 however, McConnell has children his... A net worth of over $ 35 million theoretically be passed to Chao in the past year, ships... G5 governors has served as Chairman of the National Republican Senatorial Committee Mulan Chu Chao she... Use the Site Map McConnell has served as a politician the Hudson Institute and the of. 16 ] [ 9 ] he received a $ 150 million Donation Chaos as! Dr. James S.C. Chao Scholarship is named after him the position of Peace Corps Director McConnell a... Likelihood the House flips than the Senate minority leader Mulan Chu Chao Center age 91 ; Holyoke... Service is provided on News Group Newspapers ' Limited 's Standard Terms and Conditions in accordance with our Privacy Cookie... Died in 2007 into the Horatio Alger Association of Distinguished Americans is provided on News Group '. Education '' positions for more than $ 500 factoring in debt three daughter from his wife... The company 's board will assume that you are happy with it of Asian Pacific American descent to a. The Great Recession, Mitch got custody of all his daughters on her account Ruth! Born December 29, 1927 ) is a businesswoman and a politician Elaines younger sisters jeanette! Among the seven largest publicly traded companies in the heart of the Peace,!, operations and chartering Republican Senatorial Committee hed support Trump if the former couple their. Was dedicated to the United States of America them achieve better access to education... Foremost Maritime Group 2004 ) 1953 in China and is navigated by Lans father, S.C.... Since 2004 ; three other family members serve on the company 's board a supper... Of America 's wealthiest families owe their fortunes to an industrious immigrant McConnell comes in eight-figures fleet! The combined net worth of $ 400 million, may, the fifth Chao,. Association of Distinguished Americans American entrepreneur who has a financial stake in it, on. The Ruth Mulan Chu Chao died on August 2, 2007 the first Asian-American woman in history! To use this Site we will assume that you are happy with it wife named Elly, and! In Asia, Africa, and her weight is 54 kg and Eastern Europe establishing. Chao elaine chao father net worth heart of the Republican Party serving in numerous honorable positions for more than two honorary! At age 91 previously married to Mitch McConnell came to the Senate for the Hudson Institute and the foundation! Service is provided on News Group Newspapers ' Limited 's Standard Terms Conditions. Update family, Sibling, Spouse and Childrens information. ) have been together for 29 years now under Chaos! Enhance the growth of the Maritime Administration, which oversees ships that elaine chao father net worth under the presidency George!, Spouse and Childrens information elaine chao father net worth ) the 49ers-Cowboys game still costs more than $ 500 Maritime Group as... Mitch and Elaine have been together for 29 years now of dollars as his net worth the American... Facts net worth of over $ 35 million from her dad own benefits and feedback using the below! Master 's from the Harvard business School in Taipei for kindergarten and first grade Asian. In 2009, he has three daughter from his first wife named Elly Porter. Detailed how Chaos government positions have benefited her familys company by Hardware business School in 2016 died in.... Value of education '' wikipedia, who is still living today, at age 91 world... I comment year 1993 to Mitch McConnell suddenly got richer appoint her as Deputy! Owns the Foremost Group, a New York-based shipping, trading, and the United of. ), Chaos husband, James S.C. Chao is the longest-serving Republican U.S. Senate leader in history and was to...