Elaine Chao is an American politician and the Secretary of Transportation for the United States. Her father, James Chao, founded a shipping company in 1961 which has now become one of the world's largest transportation companies. As such, his estimated net worth is 1.5 billion dollars.
Table Of Content:
- A $59 Million Will Sheds Light On Shipping Fortune Connected To ...
- Elaine Chao - Wikipedia
- Elaine Chao's Family Fortune Shrouded in Offshore Tax Haven
- James S. C. Chao - Wikipedia
- Who is Elaine Chao's father James S. C. Chao? | The US Sun
- For the Chao Family, Deep Ties to the World's 2 Largest Economies ...
- James Chao Net Worth | Celebrity Net Worth
- Mitch McConnell got 'rich' the old-fashioned way - The Washington ...
- Mitch McConnell and Elaine Chao: Marriage, Relationship Timeline
- How McConnell and Chao used political power to make their family ...
1. A $59 Million Will Sheds Light On Shipping Fortune Connected To ...
https://www.forbes.com/sites/michelatindera/2019/06/10/million-will-sheds-light-on-shipping-fortune-connected-to-elaine-chao-and-mitch-mcconnell/
Jun 10, 2019 ... When Elaine Chao's mother died in 2007 she left behind a fortune. Forbes unveils the documents detailing her assets for the first time, ...
2. Elaine Chao - Wikipedia
https://en.wikipedia.org/wiki/Elaine_Chao
Elaine Lan Chao (born March 26, 1953) is an American businesswoman and former government official. A member of the Republican Party, she served as the 18th ...
3. Elaine Chao's Family Fortune Shrouded in Offshore Tax Haven
https://theintercept.com/2018/02/05/mitch-mcconnell-elaine-chao-offshore-paradise-papers/
Feb 5, 2018 ... McConnell's net worth was about $26.7 million in 2016, according to ... Sitting next to her father is Elaine Chao, former U.S. secretary of ...
4. James S. C. Chao - Wikipedia
https://en.wikipedia.org/wiki/James_S._C._Chao
James Si-Cheng Chao is a Chinese-American businessman. He is the founder of the Foremost ... He is Elaine Chao's father, and Senator Mitch McConnell's father-in-law.
5. Who is Elaine Chao's father James S. C. Chao? | The US Sun
https://www.the-sun.com/news/2446535/who-is-elaine-chaos-father-james-chao/
Mar 4, 2021 ... Shanghai-born James reportedly has a net worth of $400million; a fortune he earned through the Foremost Group, which operates a fleet of several ...
6. For the Chao Family, Deep Ties to the World's 2 Largest Economies ...
https://www.nytimes.com/2019/06/02/us/politics/transportation-secretary-elaine-chao.html
Jun 2, 2019 ... The family of Elaine Chao, the transportation secretary, ... James S.C. Chao, 91, Ms. Chao's father, studied navigation at a university in ...
7. James Chao Net Worth | Celebrity Net Worth
https://www.celebritynetworth.com/richest-businessmen/business-executives/james-chao-net-worth/
James Chao net worth: James Chao is a Chinese American entrepreneur who has a net worth of $400 million. James S. C. Chao was.
8. Mitch McConnell got 'rich' the old-fashioned way - The Washington ...
https://www.washingtonpost.com/politics/2020/06/02/mitch-mcconnell-got-rich-old-fashioned-way/
Jun 2, 2020 ... She charged that McConnell “quadrupled his net worth on the backs of ... Forbes estimated that about $9 million was passed to Elaine Chao, ...
9. Mitch McConnell and Elaine Chao: Marriage, Relationship Timeline
https://www.businessinsider.com/mitch-mcconnell-elaine-chao-marriage-2018-3Nov 18, 2022 ... Mitch McConnell's wife Elaine Chao served as Transportation Secretary ... The Post reported that McConnell's net worth increased due to an ...
10. How McConnell and Chao used political power to make their family ...
https://nypost.com/2018/03/17/how-mcconnell-and-chao-used-political-power-to-make-their-family-rich/
Mar 17, 2018 ... ... Secretary Elaine Chao, had an average net worth of $3.1 million. ... Peter Schweizer, was a 2008 gift from Chao's father, James Chao, ...
How did James Chao become so wealthy?
James Chao built his shipping empire from the ground up after arriving to the United States from Taiwan in 1956. He started by purchasing six tankers and eventually built a fleet of over 100 vessels that ships goods from around the world. He also expanded into various other areas like banking and finance, making investments in numerous businesses which increased his wealth significantly.
How old is Elaine Chao?
Elaine Chao was born on March 26th 1953 and is currently 67 years old.
What charitable works has James Chao been involved in?
James Chao has been involved in numerous philanthropic activities throughout his life including donating millions of dollars to various charities and providing support to educational institutions both locally in the United States and internationally in China. He also serves as chairman of a number of different foundations dedicated to alleviating poverty and improving healthcare around the world.
Conclusion:
James Chao's success story is a testament to the American Dream and its ability to be achieved through hard work, dedication, and determination. His business acumen coupled with his philanthropy have allowed him to amass an impressive fortune that only continues to grow even today as he turns 88 this year.
