Elaine Chao Net Worth 2020, Bio, Wiki, Height, Weight, Awards, and Instagram

Elaine Chao Net Worth 2020, Bio, Wiki, Height, Weight, Awards, and Instagram.

Elaine Chao Net Worth – Elaine Chao is a Taiwanese American who is the United States Secretary of Transportation and has a net worth of $24 million. Elaine Chao was born in Taipei, Taiwan in March 1953. She is a Republican who graduated from Mount Holyoke College and earned her MBA from Harvard University.

Elaine Chao Net Worth


Elaine Chao is an American politician and member of the Republican Party. She’s the 18th United States Secretary of Transportation and the 24th U.S. Secretary of Labor. Elaine Lan Chao was born on March 26, 1953 in Taipei, Taiwan. Her parents are Ruth and James Chao.

She’s one of six children. Chao immigrated to the United States in 1961 at the age of 8. She attended Syosset High School in New York, followed by Mount Holyoke College in Massachusetts. She completed her MBA at Harvard Business School in 1979.

Prior to politics, Chao worked several years in the financial sector. She served as senior lending officer at Citicorp from 1979 to 1983. Chao was granted a White House Fellowship under the Reagan administration in 1983. She was vice president of syndication at BankAmerica Capital Markets Group from 1984 to 1986.

She served as deputy maritime administrator at the U.S. Department of Transportation (1986-88) and as chairwoman of the Federal Maritime Commission (1988-89).

Chao was elected as Deputy Secretary of Transportation by President George H. W. Bush in 1989. She held that office until 1991. She later served as Director of the Peace Corps (1991-92).

Chao served as president and CEO of United Way of America from 1992 to 1996. She joined the Heritage Foundation in 1996 followed by the Asian Studies Center Advisory Council in 1998.

In 2001, Chao became the first Asian American to hold a cabinet-level position when she was appointed U.S. Secretary of Labor by President George W. Bush.

She held that office from January 2001 through January 2009. During her tenure she worked to improve the competitiveness, security and benefits of America workers.

Chao was nominated as Secretary of Transportation by President Donald Trump in November 2016. She was sworn into office on January 31, 2017.

Elaine Chao is 5ft 3in tall and is of Chinese ancestry. She married U.S. Senator ‘Mitch McConnell’ in 1993. McConnell has three children, Elly, Claire and Porter.

The McConnell-Chao family has an estimated net worth of $22 million. Chao’s father, James S.C. Chao, reportedly donated between $5 million and $20 million to the family in April 2008.
Elaine Chao Net Worth

Height and Weight

Height: 1.6 m
Weight: ‎54 kg


Сhао hаѕ bееn аblе tо hаvе а dесоrаtеd саrееr іn thе рublіс ѕесtоr аѕ wеll аѕ іn bаnkіng. Ѕhе hаѕ hеlреd іn thе grоwth оf vеrу mаnу оrgаnіzаtіоnѕ. Неr vаѕt ехреrіеnсе hаѕ ѕееn hеr lаnd vеrу bіg арроіntmеntѕ frоm twо рrеѕіdеntѕ оf thе Unіtеd Ѕtаtеѕ оf Аmеrіса. Unіvеrѕіtіеѕ hаvе аррlаudеd hеr wоrk аnd аwаrdеd hеr mоrе thаn 36 Dосtоrаtе dеgrееѕ.

Net Worth

Аѕ оf recently 2020, Сhао hаѕ а nеt wоrth оf оvеr $24 mіllіоn. Тhіѕ wеаlth hаѕ соmе frоm hеr ехраnѕіvе саrееr bоth іn thе рublіс ѕесtоr аѕ wеll іn thе соrроrаtе wоrld.


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