Excellent leadership and politics is an essential part of every country. Different people play different roles in the country’s governance. Elaine Chao is currently a part of the United States government. She is a former cabinet member and the United States Secretary of Transportation as of now. She previously worked with former American president George W. Bush but currently works with President Donald Trump. Read this article to know the story behind her and the net worth of Elaine Chao in 2018.
Early Life & Biography
Elaine Lan Chao was born in 1953, 26th March. Her place of birth is Taipei, Taiwan. Her mother and father are Ruth Mulan Chu Chao and James S.C Chao, respectively. Ruth worked as a historian while Jane worked as a merchant mariner. Her dad is also the founder of a New York shipping company called Foremost Maritime Corporation. She moved from China to America when she was eight years of age with her two sisters.
She joined Tsai Hsing Elementary school. Chao later attended Syosset High school which is in New York. When she was nineteen years old, Elaine became an American citizen. At first, she joined Mount Holyoke College to study economics. Shortly after joining, she transferred to Dartmouth college to pursue a bachelor’s degree in money and banking. Elaine later joined Harvard Business School and became the first woman to become a class official.
Elaine Chao got married to Kentucky senator, Mitch McConnell. In 2009, the University of Louisville opened the McConnell-Chao Archives a part of the school’s library. In the elections, he campaigned for his husband. His family donated $40 million to educate needy students in the Harvard Business School.
Career, Awards & Nominations
After studying banking Chao kicked off as an America’s bank vice president. Her first White House experience was in 1983 after she was granted a White House fellowship. In 1986, Chao became part of the US transport department. She served in the Maritime Administration as the deputy administrator. In 1989 under president George Bush, Elaine was nominated to become the Deputy Secretary of Transportation.
She later becomes part of the United Way of America where she served as the CEO. Chao boosted the organization financially and returned the public trust. Between 2001 and 2009, Chao was nominated by President George Bush as the Secretary of labour. After president Trump victory, she nominated Elaine Chao as the Secretary of Transportation. She has served the transport department from 2016 to date.
Net Worth & Earnings
Elaine Chao’s net worth is estimated at $30 million. This net worth has been amassed from her work in different companies and organizations. Her job in the United States government has also boosted her net worth. Elaine Chao is actually the first Asian woman to serve in the US cabinet.
You can achieve your dreams anywhere. It all depends on the effort you put into what you want to achieve. Elaine Chao moved from China to America at a very young age. Far away from her birth country, Chao has managed to become a top government official in America.