Elaine Chao Net Worth

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Elaine Chao's net worth is currently estimated at $30M in 2026.

Net Worth Over Time

Net Worth Timeline

1993$1MB

United Way CEO

Became President and CEO of United Way of America.

2001$5M+400%A

Secretary of Labor

Appointed as Secretary of Labor under George W. Bush.

2009$10M+100%B

End of Labor Secretary Tenure

Finished her tenure as Secretary of Labor; remained active in policy.

2017$20M+100%A

Secretary of Transportation

Appointed as Secretary of Transportation under Donald Trump.

2021$25M+25%B

Resignation as Secretary

Resigned from her position following the January 6th Capitol attack.

2024$30M+20%B

Continued Political Involvement

Maintains a presence in political circles, occasionally offering commentary and insights. Continues to be associated with her husband Mitch McConnell.

2026$30MB

Respected Political Figure

Remains a respected, if controversial, figure in American politics with significant influence through her network and connections.

Last updated: February 25, 2026