Her education details are unknown to date. She easily received approval from the U.S Senate. 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). She is an Environmentalist. Jeanette, James and Ruths second daughter, was five years old when she came to the United States from Taiwan. Elaine Chao was born on March 26, 1953, in Da'an District, Taipei, Taiwan. (Neither Elaine nor Mitch has a financial stake in it, found on publicly available information.). James S.C. Chao is a Chinese-American entrepreneur, who founded the Foremost Group - a shipping, trading and finance enterprise based in New York. Her height is 1.6 m tall, and her weight is 54 kg. [26] The U.S. Department of Homeland Security, Citizen and Immigration Service recognized him in February 2008 as an Outstanding American by Choice.[17]. She was the longest-serving Secretary of Labor since the Franklin D. Roosevelt administration. She now works at an international educational and research institution, and is married to Gordon Hartogensis. James Si-Cheng Chao (Chinese: ; pinyin: Zho Xchng; born December 29, 1927) is a Chinese-American businessman. 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. WebLike many famous people and celebrities, Elaine Chao keeps her personal life private. He is the father-in-law of Kentucky Senator Mitch McConnell. Full Name Elaine Lan Chao; Net Worth $24 Million; Date of Birth 26 March, 1953; Nickname Elaine Chao; Marital Status Married; 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. Then again, after four years, they were blessed with two more daughters, The secretary of transportation, Lan has a jaw-dropping net worth of. 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 Taipei, Taiwan, under the Aries birth sign to Chinese parents. U.S. Government To Hit Debt Ceiling On Thursday - What Happens Next. Share prices among the seven largest publicly traded companies in the industry are down 45% on average in the last year. exitPopMobile: true, Walshe is charged with assault with intent to murder his wife, Ana Walshe. [11] For instance, she appeared in at least a dozen interviews with Chao, and she asked DOT staff to promote her father's biography. 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. Win McNamee/Getty Images Since that time, the personal fortune of McConnell and Chao has In 2009, he was inducted into the Horatio Alger Association of Distinguished Americans. The fleets gross value has risen from $535 million to $1.2 billion over the past seven years, according to VesselsValue, which counts ships that are still being built because companies can sell those contracts. JPMorgan said it discovered evidence that its employees and customers may have misused the Paycheck Protection Program (PPP) for their own benefits. A Brazilian mining disaster, which killed over 200 people in January, hasnt helped either. According to shipping database VesselsValue, Foremosts 33-ship fleet is worth $1.2 billion today before factoring in debt. Further, the couple exchanged wedding vows in an intimate wedding in the Chapel of the U.S. Capitol. When Ruth Chao died she was the matriarch of a family of eight. Learn how your comment data is processed. Mitch McConnell married his wife, Eliane Chao, in 1993. WE HAVE A GHOST (February 24) Finding a ghost named Ernest haunting their new home turns Kevins family into overnight social media sensations. Another sister of Elaines, Christine Chao, graduated from Colombia Law School. The Chao family's Westlake Chemical Corp. is one of the largest U.S. producers of low-density polyethylene, used for food packaging and more. Today the company operates a fleet of 33 ships. The secretary of transportation, Lan has a jaw-dropping net worth of$24 Million,which she accumulated throughout her multi-professional career. { Its considered a respected, well-run shipping company, Gregory Lewis, an analyst at equity research firm BTIG, wrote in an email. All Rights Reserved. Elaine is the daughter of a Chinese-American businessman who is the founder of Foremost Group. At the climax of the Chinese Civil War, Chao's ship went to Taiwan, where it remained. 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. I think theres probably a greater likelihood the House flips than the Senate, the senator from Kentucky said, per The Washington Post. She earned an MBA at the college of William and Mary, but her life was cut short in 2008. Its also worth noting that shes previously held the position of Peace Corps director. 4. The case was referred to the Justice Department in December, but the agency did not pursue charges. [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. 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. About Chao family. McConnell has seen over $1 million dollars in campaign contributions from the Chao family. She is active on Instagram and appears to be a free spirit. Her father is still alive and is 94 years old. Successful businessman Dr. James S.C. Chao is her Father. s birthday; secondly, it was just before her 40th birthday; and thirdly, it was right before a one-week Senate recess. 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. 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. The 10 Most Active Stocks Of 2023 - What Are The Biggest Movers This Year? In 1961, her whole family immigrated to the United States when she was eight years old. Before this, the Southern Baptist Mitch was in marital bond with, in 1968. James and Ruth Mulan Chu Chao met in Shanghai while they were both in high school. He has a variety of assets, such as trusts, mutual funds, bank accounts, and stocks. Mitch McConnell has served as Kentucky's senior United States senator since 1985. degree in political science from Louisville. as of 12/16/20. The appetite from benefactors to leave a legacy in their name sees the business school dean Nitin Noria regularly wielding a spade to break the ground on new facilities as part of a campus built on philanthropy. Senate races are just different theyre statewide, [and] candidate quality has a lot to do with the outcome.. The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Our journalists strive for accuracy but on occasion we make mistakes. [8][9] He received a master's degree in management from St. John's University in 1964. After completing her high school studies. Her Twitter bio says, 'Elaine Chao served as the 18th U.S. Secretary of Transportation. 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. 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. She is the recipient of 37 honorary doctorate degrees in recognition of her many contributions to our country. Her mother, Ruth, was a historian and the matriarch of a Chinese-American philanthropic family. In the year 1991, she became the Director of the Peace Corps. She is now one of the wealthiest politician people in the United States. 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. We have estimated Elaine Chao's net worth, money, salary, income, and assets. Her father founded the Foremost Group, a shipping company her sister currently leads as CEO, according to The Hill. With Elaine, she and I comprehend each other. In 1998, the couple revealed to The Washington Post how partitioning family unity works. The foundation provides scholarships to students in both the U.S. and China to help them achieve better access to higher education. Since 2012, the companys fleet has grown from 17 to 33 ships, including 14 currently under commission from shipyards in Japan and China. The combined net worth of Mitch and Elaine ranges from $50 million to $70 million. Further, he has been actively toiling in various governmental positions since 1975. This is such an affront to honor and to leadership. Mitch McConnell is married to Elaine Chao. Houston-based Westlake Chemical is also the world's second largest PVC producer. . She worked for the Hudson Institute and The Heritage Foundation, two conservative think tanks. Though the twosome has been married for almost three decades, they havent welcomed any children. Ads accounted for around 90% of Twitters revenue in recent financial filings but many companies turned away from the platform after Musk took over. Elaine, the Secretary of Transportation, was born Elaine Lan Chao on. 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. [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. Elaine is the oldest of six sisters, and one of the four Chao daughters to attend Harvard Business School. Ruth Mulan Chu Chao was the wife of James S.C. Chao and the mother of six daughters, one of these being Mitch McConnells wife Elaine Chao. She is 69 years old. She is the eldest daughter. Chao founded Foremost Group in 1964. 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. 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. His primary source of wealth is being a politician. Rick Monday Bio, Age, Height, Wife, Salary, Net Worth Dodgers. Alvina Stewarts biography: net worth, occupation, career, wikipedia, who is Anthony Andersons wife? He then met Elaine in the 1990s. Foremost is worth an estimated $1.2 billion before debt. 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 has been able to study money and banking at Dartmouth College. Still, Foremost has continued to expand. Copyright 2023 Market Realist. [11] On March 4, 2021, the DOT Inspector General revealed that Chao had directed her DOT staff to edit the Wikipedia article about her father. He is the second Kentuckian to serve as a party leader in the Senate. She is the firstborn in a family of six children. Her father moved to the U.S. on a scholarship and saved up for Elaines younger sisters included Jeanette, May, Christine, Grace, and Angela. Their oldest daughter Elaine Chao became the first woman of Asian Pacific American descent to be appointed to a president's cabinet. With Elaine, the Southern Baptist Mitch was in marital bond with, in 1993 and Elaine ranges from 50! 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