Angela Chao Net Worth 2024 – Famous American businesswoman “Angela Chao” has a net worth of $100 million (at the time of her death) and was born on March 4, 1973.
Angela Chao net worth
According to online sources, the net worth of Angela Chao (an American businesswoman) is estimated at $100 million (at the time of her death). Angela Chao’s net worth is largely a result of her success as an American businesswoman.
| Name | Angela Chao |
| Estimated Net Worth | $100 million (at the time of his death) |
| Profession | American businesswoman |
| Date of birth | March 4, 1973 |
| Age | 50 years (from 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 community. She was the President and CEO of Foremost Group, a leading shipping company, and was known for her leadership, commitment to social good, and commitment to fostering cultural understanding.
Born in 1973, Angela was the youngest of three daughters of James SC Chao and Ruth Mulan Chu Chao. Her family’s involvement in the maritime industry had a profound influence on her and she developed an early interest in the field.
After graduating with high honors in economics from Harvard College in just three years, she enrolled in an MBA at 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 president and CEO in 2018. Under her leadership, Foremost strengthened its global presence, embraced innovation and prioritized environmentally conscious practices.
Outside of business, Angela was a dedicated philanthropist. She has served on the boards of various organizations, including the Los Angeles Museum of Contemporary Art and the Asian American Foundation.
| Real name | Angela Chao |
| Date of birth | March 4, 1973 |
| Age | 50 years (from 2024) |
| Birthplace | United States |
| Sex | Woman |
| Profession | American businesswoman |
| Nationality | American |
| Sign of the zodiac | Fish |
| Parent | James SC Chao, Ruth Mulan Chu Chao |
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Nationality of Angela Chao
Angela Chao’s nationality is American. While she was born in the United States in 1973, her parents, James SC 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 birth and Taiwanese-American due to her family heritage. It is important to acknowledge both aspects of her identity in order to fully understand her background and upbringing.
Career of Angela Chao
Angela Chao’s career has been 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 progressed through the ranks, applying her expertise and strategic vision. In 2018, Chao became president and CEO of Foremost Group, taking over 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 impact on the environment, she pushed for the addition of environmentally friendly vessels that could use alternative fuels, demonstrating a forward-thinking approach.
Chao’s leadership extended beyond the immediate operations of Foremost. She has actively participated in industry associations such as the US Bureau of Shipping Council and the Advisory Board of the Massachusetts Maritime Academy’s Department of International Maritime Business, contributing her knowledge and insights.
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Categories: Net Worth
Source: HIS Education