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  1. Mar 4, 2021 · The gift came from Chao's father, Dr. James S.C. Chao, a wealthy Chinese-born businessman, and it boosted McConnell's personal worth from a minimum of $3 million in 2007 to more than $7 million.

  2. Sep 2, 2021 · If Chao and McConnell had received even just a $5 million gift in 2008 and invested the entire amount into the S&P 500 that year, it could be worth some $20 million today. Chao and...

    • Michela Tindera
  3. Feb 26, 2019 · McConnell didn't mysteriously increase his net worth by $2.4 million every year over the course of a decade while serving in the Senate.

  4. Jan 27, 2019 · OpenSecrets estimates that in 2006, McConnell’s net worth was somewhere between $2.3 and $8.5 million. The increase is often attributed to an inheritance Chao received after the death of her mother in 2007. The gift was valued at somewhere between $5 and $25 million, according to McConnell’s financial disclosure report for 2008.

  5. Aug 2, 2023 · According to a financial disclosure agreement McConnell filed in May 2018, the most recent available, he and his wife, Elaine Chao, have a combined net worth ranging from $13.42 million to...

    • Gabrielle Olya
  6. Aug 24, 2023 · This gift resulted in a joint Vanguard Tax-Exempt Money Market Fund account valued between $5 million and $25 million, substantially enhancing their overall wealth.

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  8. Jun 10, 2019 · Forbes unveils the documents detailing her assets for the first time, as Trump’s Secretary of Transportation and Senator Mitch McConnell could stand to receive millions more.

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