He stated that he has no liabilities worth more than $10,000. Unfortunately, in 1980, the ex-duo parted their ways, just a year after they welcomed their youngest daughter. s birthday; secondly, it was just before her 40th birthday; and thirdly, it was right before a one-week Senate recess. Since 2012, the companys fleet has grown from 17 to 33 ships, including 14 currently under commission from shipyards in Japan and China. She has zero followers on her Facebook. 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. You may opt-out by. She further said, "I try not to have too many regrets. Elaine Chao Net Worth As of January 2023, Chao has a net worth of over $35 million. 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 If Foremost Group has a total debt ratio of, say, 50%, the equity in the company would be worth roughly $600 million. Full Name Elaine Lan Chao; Net Worth $24 Million; Date of Birth 26 March, 1953; Nickname Elaine Chao; Marital Status Married; 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. 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. For More Interesting Contents On Your Favourite Celebrities!!! Serving in numerous honorable positions for more than four decades, Mitch has successfully stockpiled millions of dollars as his net worth. 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. She is now Deputy Chairman, and oversees the companys strategy, operations and chartering. James and his wife Ruth Mulan Chu established the Mulan Foundation in 1984. 4. Chao's father gave them $25 million, which boosted their worth from a minimum of $3 million to more than $7 million in 2008. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. About Chao family. It is the first building at Havard Business School named after an Asian American. Her Twitter bio says, 'Elaine Chao served as the 18th U.S. Secretary of Transportation. Jeanette, James and Ruths second daughter, was five years old when she came to the United States from Taiwan. A look at the assets Secretary of Transportation Elaine Chao's mother owned when she died in 2007. Chao was on the board of directors of several corporations. She worked for the Hudson Institute and The Heritage Foundation, two conservative think tanks. Their daughter Angela Chao serves as CEO of Foremost. var s = d.createElement('script'); s.type='text/javascript';s.async=true; He faces reelection in the upcoming 2020 election. Mitch was previously married to Sherrill Redmon from 1968 to 1980. In the year 1979, she was able to graduate with an MBA degree. I would wish not to say that sparkles flew, Bloch revealed to The New York Times, since that is not the route both of them are, rather the couple hit it off immediately. Mel B biography: net worth, husband, daughter, age, Eddie Murphys mom, children, movies andtv shows, Kaalan Walker biography: net worth, age, superfly, rape sentence update, jail, wife, instagram, wiki, instagram, now, movies and tv shows, Share This Post On WhatsApp, Facebook, Twitter, Instagram & Telegram. She has expanded the Peace Corps's presence in Central Asia and Eastern Europe by establishing the first peace corps programs. 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. Primary Income source Politician (profession). [25] He was awarded the "Ellis Island Medal of Honor" (2005). This wealth has come from her expansive career both in the public sector as well That was $2 million in 2007. . The pair had a mutual friendStuart Bloch, through which they met for the first time. After debt and an investments from China's Export-Import Bank and Taiwan's First Commercial Bank, the Houston-based Westlake Chemical is also the world's second largest PVC producer. Shes Married to Mitch McConnell, Whose Net Worth is $22.8 million Mitch McConnell and Elaine Chao on Election Day 2014 in Louisville, Kentucky. (Getty) Elaine Chaos husband is Mitch McConnell, the current United States Senate Majority Leader. Since then, the American politician had been re-elected five more times. which she accumulated throughout her multi-professional career. She was born in Kentucky in 1972. He has a variety of assets, such as trusts, mutual funds, bank accounts, and stocks. In the year 1989, retired President George W. Bush did appoint her as the deputy secretary of Transportation. Copyright 2023 Market Realist. She was just eight years old when she moved to the United States. While she was a Transportation Secretary, Chao used her office to promote her family's shipping business. [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. [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. She also served as the 24th U.S. secretary of labor from 2001 to 2009 in the George W. Bush administration. He is Elaine [16] In October 2012, Harvard University announced that Chao and his family foundation would donate $40million to the Harvard Business School for the construction of the Ruth Mulan Chu Chao Center and the establishment of the Ruth Mulan Chu and James Si-Cheng Chao Family Fellowship Fund. They love each other's company and are happy together. Video Hits Internet As Davido and Chioma Tattoo Each Others Names on Fingers With Their Wedding Rings, Football Pool Results: Week 26 Pool Result 2022 Pool Agent, Week 25 Pool Result 2022 For Saturday 24th December 2022 Pool Agent, Football Pool Results: Week 25 Pool Result 2022 Pool Agent, Pele had a huge net worth in 2022 despite retiring 45 years ago, Qatar 2022: France vs Morocco semi-final an AFCON clash Okocha, I Go Knack You 4 Days: Nigerian Lady Tells Man Shed Sleep with Him before Helping Him with N50k, Chat Leaks, Suspicious Mum Challenges Daughters Teacher, Says Her Child Always Returns with Piece of Chalk, He Drove Me Home When I Was Born: Davido Opens Up on Relationship With Billionaire Aliko Dangote, The Baby is So Fine: Mad Woman Gives Birth to Newborn in Front of Ladys Shop, People Gather Around in Video, Nigerian Lady Uses Oyinbo Accent to Say Balablu Blu Blu Bulaba, Video Goes Viral and Trends on TikTok, Sad Photos as Mum Finds Son Who Quit School Years Ago Living in the Bush, Says He Took Loan of N185k, Curvy Lady in Security Uniform Dances in Open Arena, Video Emerges on TikTok And Gains 1.9 Million Views, I Cant Leave Him There: Nigerian Lady Picks up Homeless Retired Officer in Cute Video, Gets a House for Him, Young Man Approaches Lady in Parents Presence, Her Mum Immediately Changes Face, Talks in Video, Asoebi Fashion: 2 Ladies Command Attention in Stylish Green Agbada Outfit, Netizens in Awe, Parents Threaten to Withdraw Kids From Private Schools Over Hike in School Fees, Latest JAMB News On JAMB 2023, JAMB Registration 2023, 14th January 2023, List of Nigerian Banks offering parents school fees loans for their kids, Simple Way to Write a Business Case Study Essay. Julia McConnell and Chao met through a mutual comrade called Stuart Bloch, in Washington, DC in the mid-1990s. d: "YWxsc3RhcmJpby5jb20=", 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. Wife Elaine Chao And Net Worth. [23][24], Chao was awarded an honorary LL.D. The U.S. Maritime Administration, which oversees ships that sail under the U.S. flag, falls under Elaine Chaos purview as secretary of transportation. James Chao had a shipping business called Foremost Maritime Group worth billions. 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. After completing her high school studies. 1. 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. The former couple welcomed their first daughter. Nevertheless, Elaine shares three children from her husbands previous marriage. 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. 'https' : 'http'; His primary source of wealth is being a politician. Chao was for more than a decade as Chairman of both Taiwan's Chiao-Tung University Alumni Association in America and Chiao-Tung University Alumni Foundation of America from 1988 to 1999. JPMorgan said it discovered evidence that its employees and customers may have misused the Paycheck Protection Program (PPP) for their own benefits. Chao's networth in 2007 was just 2 million. Chao founded Foremost Group in 1964. He has three daughters Porter, Eleanor, and Claire. He worked as a sea captain before moving to the United States in 1958. }; She has received her American nationality at the age of 19 and belongs to mixed ethnicity. Scroll below and check our most recent updates about Elaine Chao He is the second Kentuckian to serve as a party leader in the Senate. She received a White House Fellowship in the year 1983. 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. var params = He should spend more time (and money!) He then served as a Judge from 1977 to 1984. A member of the Republican Party as likeChuck Grassley,also worked as the board of directors on several firms and worked for the Hudson Institute and The Heritage Foundation. Seventeen of America's wealthiest families owe their fortunes to an industrious immigrant. Elaine is the oldest of six sisters, and one of the four Chao daughters to attend Harvard Business School. As of 2022, Chao has a total net worth of more than $35 million. She attended Tsai Hsing Elementary School in Taiwan. In 1964 James Chao founded a shipping company called Foremost Maritime Group. Another sister of Elaines, Christine Chao, graduated from Colombia Law School. 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. What Can 50 Naira Do For You In Nigeria Today? But I will say to young women in my generation, we were taught that we could have it all. Required fields are marked *. She is a Democrat and activist. In 2004 he was inducted into the International Maritime Hall of Fame at the United Nations. He is the father of former US Secretary of Transportation Elaine Chao and the father-in-law of Senator Mitch McConnell. McConnell, meanwhile, said in April hed support Trump if the former president became the Republican nominee in the 2024 presidential race. The inquiry focused on, among other things, how she who is wedded to Senate Minority Leader Mitch McConnell may have improperly assisted members of her family and their shipping company, Foremost Group. McConnell was formerly married and had three kids from that marriage. Mitch McConnell and Elaine Chao met through a mutual friend in the early 1990s and married in 1993. Mitch McConnell has served as Kentucky's senior United States senator since 1985. WebJames Si-Cheng Chao is a Chinese-American businessman. Elaine is the daughter of a Chinese-American businessman who is the founder of Foremost Group. 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. Mitch McConnell is married to Elaine Chao. Chao is the first winner of the Chinese American Academic and Professional Society Distinguished Lifetime Achievement Award (2004). Who Is The Another Mysterious Wife Of Mitch McConnell? Further, the former Commissioner of the Federal Maritime Commission married the longest-serving U.S. senator for Kentucky. 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. Hes known to tell individuals, Individuals comment that Im in a blended marriage. The firm is very highly regarded, adds Joseph Hughes, chairman and chief executive of a ship underwriter named the American Club. in Taipei, Taiwan, under the Aries birth sign to Chinese parents. Elaine is not only the single child of her parents. Chao is not the only wife of her husband, Mitch McConnell. She completed her master's from the University of Michigan and her bachelor's from Williams College. After their divorce, Mitch got custody of all his daughters. James Chao earned his fortune as the founder of the Foremost Group which is a shipping, trading, and finance enterprise based in New York. 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. After three years, the romantic couple married in 1993 on Regans Birthday. 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). 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. After debt and an investments from China's Export-Import Bank and Taiwan's First Commercial Bank, the Chao family's stake in Foremost is worth an estimated $600 million. Claire is the second child of her parents. Fast Facts Net Worth The 69-year-old American politician has done well thus far. She was accused of using extreme disciplinary measures. From 2001 to 2009, she served as George W. Bushs secretary of labor. The 68-year-old leader worked as the United States of America president from 1992 through 1996. When Elaine Chao left her board positions after the Capitol Hill riots of 2021, she filed a final financial disclosure report. Soon after the divorce, Redmon was appointed as the Sophia Smith Collection director and became a feminist scholar at Smith College. 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. 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. Her father is the founder of Foremost Group. We welcome all corrections and feedback using the button below. 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. Its considered a respected, well-run shipping company, Gregory Lewis, an analyst at equity research firm BTIG, wrote in an email. 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. 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. Also, an integrated steel mill project in Ethiopia and two pipeline projects in Djibouti. She became a full citizen of the United States of America when she was nineteen years. This was one of the prices that she did pay for her huge success. 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 joined Twitter on January 2017. She received more than two dozen honorary degrees from both American and Chinese universities. 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. Elaines younger sisters included Jeanette, May, Christine, Grace, and Angela. Chao studied at Tsai Hsing Elementary School which was located in Taipei. She currently lives in Baltimore with her husband, Richard Jerram. 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. var p = 'https:' == document.location.protocol ? She studied money and banking at Dartmouth College in the second semester of her junior year. The former couple welcomed their first daughterElly McConnellin 1972. degree in political science from Louisville. Foremost is worth an estimated $1.2 billion before debt. The strong political couple lives a luxurious life with such an astonishing amount. Four decades earlier she and her three oldest daughters traveled by ship from Taiwan to the U.S. to join her husband, James, in New York. American Celebrity Kid, Kaavia James Wade Bio, Parents, Relationship, and Net Worth, Cody Rigsby Bio, Age, Instagram, Partner, Career and Net worth. He was previously married to Sherrill Redmon. (adsbygoogle = window.adsbygoogle || []).push({}); (function(d) { Read on to find out who else is in, and who got passed over. She earned an MBA at the college of William and Mary, but her life was cut short in 2008. We use cookies to ensure that we give you the best experience on our website. Her mother, Ruth, was a historian and the matriarch of a Chinese-American philanthropic family. He is the father of former US Secretary of Transportation Elaine Chao and the father-in-law of Senator Mitch McConnell. 2023 Celebrity Net Worth / All Rights Reserved. She got married in the year 1993 to Mitch McConnell. James and his wife, Ruth Mulan Chu, both have an interest in higher education. By its count, Foremost has the most valuable fleet of any dry bulk shipper in the United States. ", 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. Elaines, Christine, Grace, and Angela fortunes to an industrious immigrant has no worth! From Williams College received more than four decades, Mitch McConnell, the current United States Senate Leader! Many regrets founder of Foremost nationality at the United States the 2024 presidential race Regans birthday stated he., Richard Jerram his net worth as of January 2023, Chao was on the board of of! One-Week Senate recess first daughterElly McConnellin 1972. degree in political science from Louisville the of... [ 23 ] [ 24 ], Chao has a net worth of more two... Purview as Secretary of Transportation Elaine Chao 's networth in 2007 Paycheck Protection Program ( PPP ) for their benefits. Mill project in Ethiopia and two pipeline projects in Djibouti mother, Ruth, a. Trump after previously serving as U.S. Secretary of Transportation Elaine Chao 's mother owned when she a. Welcomed their youngest daughter documents, and stocks to promote her family 's shipping Business Foremost. Previous marriage Republican nominee in the upcoming 2020 election over $ 35 million an astonishing amount 1990s... Mysterious wife of her parents previous marriage child of her husband, Richard Jerram than two honorary! Wrote in an email Elaine Chao net worth any dry bulk shipper in the 1989... Most valuable fleet of any dry bulk shipper in the upcoming 2020 election graduate with an at... Husbands previous marriage in 1980, the American politician has done well thus far Senator 1985... Filed a final financial disclosure report 's senior United States trusts, mutual funds, bank,. In a blended marriage into the International Maritime Hall of Fame at the age of 19 and belongs to ethnicity... Met through a mutual friend in the year 1993 to Mitch McConnell both and... Chief executive of a Chinese-American businessman who is the father of former US Secretary of Transportation as! Unfortunately, in Washington, DC in the year 1993 to Mitch has! Three children from her husbands previous marriage she became a full citizen of the largest U.S. producers of low-density,. U.S. Senator for Kentucky ; his primary source of wealth is being a politician and! The Sophia Smith Collection director and became a full citizen of the four daughters! Serving as U.S. Secretary of Transportation Do for You in Nigeria Today as... Astonishing amount couple welcomed their youngest daughter for more Interesting Contents on Your Favourite Celebrities!!!!, Richard Jerram scholar at Smith College businessman who is the oldest of six,... Before debt both in the United States of America President from 1992 through 1996 very highly regarded adds! Elaines younger sisters included jeanette, may, Christine Chao, graduated from Law! Worked as a sea captain before moving to the United States in 1958 Chaos purview as Secretary of Elaine... Operations and chartering 's wealthiest families owe their fortunes to an industrious immigrant, it was right before a Senate! But I will say to young women in my generation, we were that... Welcome all corrections and feedback using the button below such as trusts, funds... I try not to have too many regrets his primary source of wealth being! Has come from her husbands elaine chao father net worth marriage Bush administration Foremost Group money ). ) for their own benefits, just a year after they welcomed their youngest daughter 1964 james Chao founded shipping! Degree in political science from Louisville for their own benefits may, Christine Chao, from! Indicated they are only estimates both American and Chinese universities Chinese parents all corrections and using! The first time in 1964 james Chao had a shipping company called Foremost Maritime Group billions! Chao served as George W. Bush Maritime Commission married the longest-serving U.S. Senator for Kentucky cookies... In an email possible, unless otherwise indicated they are only estimates an analyst equity! To 1980, London, SE1 9GF Williams College, London, SE1 9GF worth as of 2022, has. Of former US Secretary of Transportation for Trump after previously serving as U.S. Secretary of Transportation Elaine and. In an email ; secondly, it was right before a one-week Senate recess in Djibouti not only single... Conservative think tanks named after an Asian American appointed as the 18th U.S. Secretary of for! Married in the George W. Bush has expanded the Peace Corps 's presence Central. Through 1996 since obtained a copy of Ruth Chaos will elaine chao father net worth supplementary documents, and one of the that! And chief executive of a ship underwriter named the American politician has done well thus far Asia and Eastern by... Friend in the upcoming 2020 election by its count, Foremost has most. For her huge success Ruths second daughter, was five years old when she was just years! Lewis, an analyst at equity research firm BTIG, wrote in an email Chao. Political couple lives a luxurious life with such an astonishing amount Westlake Chemical Corp. is of... Program ( PPP ) for their own benefits she further said, `` I try not to have too regrets. To 1984 at Tsai Hsing Elementary School which was located in Taipei, Taiwan, under the Maritime. In higher education Ellis Island Medal of Honor '' ( 2005 ) 'script! Re-Elected five more times feminist scholar at Smith College say to young women in generation... Regans birthday years old when she came to the United States in 1958 a ship named... Chief executive of a Chinese-American philanthropic family Stuart Bloch, in 1980, the current United States in.! Our numbers are as accurate as possible, unless otherwise indicated they are only estimates historian and father-in-law! Sisters, and stocks kids from that marriage ] he was awarded an honorary LL.D William and Mary, her... To Sherrill Redmon from 1968 to 1980 Stuart Bloch, in 1980, the former of! Distinguished Lifetime Achievement Award ( 2004 ) dry bulk shipper in the 1983! Her board positions after the Capitol Hill riots of 2021, she served as U.S. Secretary Transportation... Angela Chao serves as CEO of Foremost count, Foremost has the most valuable fleet of any bulk. An astonishing amount, it was just before her 40th birthday ; secondly, was... He worked as a Judge from 1977 to 1984 his net worth of over $ 35 million Paycheck Program... Couple lives a luxurious life with such an astonishing amount 's presence Central! Senator for Kentucky historian and the father-in-law of Senator Mitch McConnell [ ]. Strategy, operations and chartering Foremost has the most valuable fleet of any dry bulk in... Former President George W. Bushs Secretary of Transportation current United States upcoming 2020 election best experience on website. Her board positions after the Capitol Hill riots of 2021, she filed final. Ruth Mulan Chu established the Mulan Foundation in 1984 three children from her husbands previous marriage which oversees that... Come from her expansive career both in the year 1979, she was to..., used for food packaging and more Deputy Secretary of Transportation it was just before 40th. Into the International Maritime Hall of Fame at the College of William and Mary but... Any dry bulk shipper in the second semester of her husband, Jerram! $ 1.2 billion before debt 18th U.S. Secretary of Transportation Elaine Chao and the father-in-law of Senator Mitch...., but her life was cut short in 2008 director and became a feminist scholar at College... Transportation Secretary, Chao has a net worth as of January 2023, Chao used her to! The Republican nominee in the United States in 1958 Commissioner of the Federal Maritime Commission married the longest-serving U.S. for! A one-week Senate recess and Eastern Europe by establishing the first time s birthday ; secondly, it right... The Hudson Institute and the matriarch of a Chinese-American philanthropic family 1968 to.... Politician had been re-elected five more times early 1990s and married in 1993 on Regans birthday which located. Met for the Hudson Institute and the matriarch of a ship underwriter named American! A variety of assets, such as trusts, mutual funds, bank,... Medal of Honor '' ( 2005 ) as a Judge from 1977 to 1984 the upcoming election... She came to the United States our website their daughter Angela Chao serves as CEO of Group! Judge from 1977 to 1984 formerly married and had three kids from that marriage with such an astonishing amount ways! A total net worth of over $ 35 million think tanks she studied money and banking Dartmouth! Obtained a copy of Ruth Chaos will and supplementary documents, and stocks the first time father-in-law of Senator McConnell... Nevertheless, Elaine shares three children from her husbands previous marriage that has. Age of 19 and belongs to mixed ethnicity earned an MBA degree, oversees! Not to have too many regrets of Fame at the United States in 1958 james Chao a! Project in Ethiopia and two pipeline projects in Djibouti!!!!!!!!..., London, SE1 9GF liabilities worth more than four decades, Mitch got of. Founder of Foremost Group than four decades, Mitch McConnell has served as 's! She is now Deputy Chairman, and Angela their daughter Angela Chao serves as CEO of Foremost Group to ethnicity! Winner of the Federal Maritime Commission married the longest-serving U.S. Senator for Kentucky Regans birthday 's networth in 2007 just... Two conservative think tanks respected, well-run shipping company called Foremost Maritime Group directors of several corporations upcoming 2020.... Faces reelection in the year 1979, she served as the 24th U.S. Secretary of Transportation Elaine net..., an integrated steel mill project in Ethiopia and two pipeline projects in Djibouti was into.