Who is Elaine Chao? Her Bio/Wiki, Career, Net Worth And More

Elaine Chao is a name that has been featured frequently on internet searches. However, nothing happens without a reason, and this also has a prominent reason behind it. Elaine is famous as the former United States Secretary of Labor, a position, she held from 2001 to 2009. However, that is not her only identity. Let us tell you that she also worked as the secretary of United States Transportation for four years, between 2017 and 2021.

Now, as we are here to know more about Elaine, let us share that she was the Director of the Peace Corps. Furthermore, she was also engaged as the president of the United Way of America. We have the information that, she also earned her recognition at the global level. If you are interested to know more about her, then this article would be the perfect place for you to be.  

A Brief Bio

Elaine breathed her first on March 26, 1953, in Da’an District, Taipei, Taiwan. She was born into the family of James S.C. Chao and Ruth Mulan Chu Chao. She also has five siblings in her family. Their names are:

• Angela Chao
• Christine Chao
• Grace Chao
• May Chao 
• Jeanette Chao

Now that we know some details about life let’s share that she moved to the US from Taiwan when she was merely eight years old. Based on various sources, we can also say that she studied at Syosset High School. After that, she pursued higher education and attended Mount Holyoke College. She graduated from the college with a Bachelor’s degree in Economics. Elaine joined Dartmouth College initially before shifting to Mount Holyoke College. She also holds an MBA degree from Harvard Business School. Thus, she has an elaborate educational profile, which also helped her greatly in her career. 

Career

Elaine started her career on a high note. She joined Bank of America and went on to become the Vice President of Syndicate. In addition to that she also served as an international Banker at Citicorp. After that, she shifted her focus towards the governmental departments. Some of the positions held by her include the likes of:

• Deputy Secretary of Transportation
• Deputy Administrator of the Maritime Administration
• Chairwoman of the Federal Maritime Commission

In addition to all these, she also plied her trade as the Director of the Peace Corps. In fact, the credit for expanding its agendas in Central Asia and Eastern Europe goes to her. However, despite serving in such important capacities, her career is not without controversies. Back in September 2019, she witnessed an investigation that aimed at determining whether Chao had used her position to promote her personal business stakes. The investigation detected some ethics offences. But in 2021 the Trump Administration dismissed the case. 

Net Worth

Elaine has had a lengthy career and she has served various organisations at different times. She has also held some significant governmental positions in her career. Thus, the main source of her earnings is her salaries. However, her family also has some business ventures which also earn her handsome amounts. Therefore, taking all these into account, her present net worth is $35 million. 

Net Worth Trend

FAQs

1. What is the current net worth of Elaine Chao?

Elaine Chao’s current net worth is $35 Million as of 2023.

2. What is the age of Elaine?

Elaine is 70 years old being born on 26 March 1953

3. How tall is Chao?

Chao stands at a height of 5’ 3”.

4. What is Elaine’s relationship status of Elaine?

Elaine is a married lady. She married Mitch McConnell back in 1993.

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