Angela Chao Net Worth in 2024 How Rich is Angela Chao?
by Vinothini S
Updated Mar 06, 2024
Angela Chao Net Worth
According to online sources, Angela Chao's (American businesswoman) net worth is estimated to be $100 Million Dollars (At the time of his death). Angela Chao net worth is largely the result of his success as an American businesswoman.
Name
Angela Chao
Estimated Net Worth
$100 Million Dollars (At the time of his death)
Profession
American businesswoman
Date of Birth
4 March 1973
Age
50 years old (As of 2024)
Birthplace
United States
Nationality
American
Who was Angela Chao?
Angela Chao, who tragically passed away in February 2024, was a prominent figure in the American business and philanthropic landscape. She served as the Chair and CEO of the Foremost Group, a leading shipping company, and was known for her leadership, commitment to social good, and dedication to fostering cultural understanding.
Born in 1973, Angela was the youngest of three daughters to James S.C. Chao and Ruth Mulan Chu Chao. Her family's involvement in the shipping industry deeply influenced her, and she developed an early interest in the field.
After graduating magna cum laude from Harvard College in just three years with a degree in Economics, she pursued an MBA from Harvard Business School.
Angela began her career on Wall Street, working in the mergers and acquisitions department at Smith Barney. However, her entrepreneurial spirit and passion for the family business led her to join the Foremost Group.
She rose through the ranks, eventually taking the helm as Chair and CEO in 2018. Under her leadership, Foremost strengthened its global presence, embraced innovation, and prioritized environmentally conscious practices.
Beyond the realm of business, Angela was a dedicated philanthropist. She served on the boards of various organizations, including the Museum of Contemporary Art in Los Angeles and The Asian American Foundation.
Real Name
Angela Chao
Date of Birth
4 March 1973
Age
50 years old (As of 2024)
Birthplace
United States
Gender
Female
Profession
American businesswoman
Nationality
American
Zodiac Sign
Pisces
Parent
James S.C. Chao, Ruth Mulan Chu Chao
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Angela Chao Nationality
Angela Chao's nationality is American. While she was born in the United States in 1973, her parents, James S.C. Chao and Ruth Mulan Chu Chao, were both born in China.
They fled the country in 1949 during the Chinese Civil War, settling in Taiwan before immigrating to the United States.
Therefore, Angela could be considered both American by birthright and Taiwanese-American due to her family heritage. It's important to acknowledge both aspects of her identity to fully understand her background and upbringing.
Angela Chao Career
Angela Chao's career was marked by a deep understanding of the shipping industry and a commitment to its future. After gaining valuable experience in mergers and acquisitions at Smith Barney, she joined the family business, Foremost Group, in 1996.
Starting with a focus on ship operations and management, she steadily rose through the ranks, applying her expertise and strategic vision. In 2018, Chao became the Chair and CEO of Foremost Group, taking the reins from her father.
She continued the company's commitment to global reach and efficient operations, while also prioritizing innovation and sustainability. Recognizing the industry's environmental impact, she championed the addition of environmentally friendly vessels that could utilize alternative fuels, demonstrating a forward-thinking approach.
Chao's leadership extended beyond the immediate operations of Foremost. She actively participated in industry associations like the American Bureau of Shipping Council and the Massachusetts Maritime Academy's International Maritime Business Department Advisory Board, contributing her knowledge and insights.
Angela Chao Net Worth - FAQ
Angela Chao is known as an American businesswoman. Angela Chao was born on 4 March 1973 and Angela Chao is 50 years old (As of 2024).
As of 2024, Angela Chao's net worth is $100 Million Dollars (At the time of his death). Angela Chao was an American businesswoman who was born on 4 March 1973.
Angela Chao was born on 4 March 1973. Angela Chao was 50 years old (As of 2024).