Albert Chao & family

Albert Chao & family (#1232)

Global Rank #1232

Country Rank #440

Country United States

Albert Chao & family is listed among the world billionaires tracked by Iconic Billionaires.

$ 4 B
Chemicals, building products
United States
M
76 Years

Snapshot

Quick Facts

Global Rank #1,232

Country Rank #440

Net Worth $3.5B

Previous Worth $3.5B

Worth Change +$0.0B

Country United States

Industry Chemicals, building products

Age 76 Years

Gender M

Worth As Of May 4, 2026

Residence Houston, Texas

Citizenship United States

World Billionaires List United States Billionaires Chemicals, building products

Profile Data

Personal Stats

Age 76

Source Of Wealth Chemicals, building products, Self Made

Self Made Score 7

Philanthropy Score 1

Residence Houston, Texas

Citizenship United States

Net Worth Change +$0.0B +0.0% from previous worth

Previous Net Worth $3.5B

Current Net Worth $3.5B

Worth as of May 4, 2026

About Me

Albert Chao is estimated to own nearly 25% of Westlake Corporation, one of North America's largest producers of low-density polyethylene, used for food packaging and more. His father T.T. Chao moved the family from Taiwan to the U.S. and founded Westlake in 1986. Albert and brother James Chao are credited with helping launch the company. Albert was CEO from 2004 to July 2024, when he became executive chairman. James was chairman from 2004 to July 2024, when he became senior chairman. James and sister Dorothy Chao Jenkins are also estimated to own nearly 25% of Westlake apiece. Dorothy is married to Charles H. Jenkins, Jr., the former chairman of his family's supermarket chain, Publix. She retired as a director of Westlake in 2023. Albert's daughter Carolyn Chao Sabat and son John Chao sit on Westlake's board alongside James' daughter Catherine Chao and son David Chao.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Albert Chao & family.

#1074

Billionaires (2026)

#256

Forbes 400 (2024)

Wealth Growth

Net Worth Growth Over Time

Tracking Albert Chao & family's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth

Period Change Worth Movement

Current Net Worth: $3.5B (May 4, 2026)