Before this, the Southern Baptist Mitch was in marital bond with, in 1968. He has also received some worth from his family and inheritance. Her primary source of income is being a businesswoman and a politician. Also, an integrated steel mill project in Ethiopia and two pipeline projects in Djibouti. He shares his big plans for the future. Chao, who immigrated to America with her daughters on a freighter, earned a masters degree late in life, and quietly gave all of her time to family and philanthropy, passed away on August 2, 2007 after a long battle with lymphoma, leaving behind six daughters and a husband who all miss her very much., This is a BETA experience. Primary Income source Politician (profession). He stated that he has no liabilities worth more than $10,000. McConnell, meanwhile, said in April hed support Trump if the former president became the Republican nominee in the 2024 presidential race. Her father founded the Foremost Group, a shipping company her sister currently leads as CEO, according to The Hill. Her father moved to the U.S. on a scholarship and saved up for Share prices among the seven largest publicly traded companies in the industry are down 45% on average in the last year. Rick Monday Bio, Age, Height, Wife, Salary, Net Worth Dodgers. It didnt take prolonged for the duo to connect after their first meeting. Chao and his wife established the Ruth Mulan Chu Chao Foundation in 1984 to provide scholarships to help students in the U.S. and China access higher education and to promote U.S.-China cultural exchanges. Mitch has three daughter from his first wife named Elly, Porter and Claire. Since then, the McConnell-Chao fortune has grownthanks to their six-figure government salaries and Elaines stint in the private sectorto an estimated $20 million today. The big reason for that increase: a $5 million-to-$25 million gift from the elder Chao in memory of Elaines mother, Ruth, who died at age 77 in 2007. Forbes has since obtained a copy of Ruth Chaos will and supplementary documents, and is unveiling their contents for the first time. Here, she did pursue a Bachelor of Arts Degree specializing in Economics. Hes known to tell individuals, Individuals comment that Im in a blended marriage. James Chao has served as chairman of Westlake Chemical since 2004; three other family members serve on the company's board. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. The inquiry focused on, among other things, how she who is wedded to Senate Minority Leader Mitch McConnell may have improperly assisted members of her family and their shipping company, Foremost Group. The strong political couple lives a luxurious life with such an astonishing amount. Father Cover Him: Boy Who Sang Like Akon With Sweet Voice Found, Comes Into Fame & Gets Record Deal. Later in 1964, he founded his own company named Foremost Maritime Corporation in New York City, which developed in the Foremost Group. Elaine, the Secretary of Transportation, was born Elaine Lan Chao on March 26, 1953,in Taipei, Taiwan, under the Aries birth sign to Chinese parents,James Si-Cheng ChaoandRuth Mulan Chu Chao. She has not shared about Shes parents name. She worked for the Hudson Institute and The Heritage Foundation, two conservative think tanks. She has also worked in many financial institutions before serving as a politician. Her father started his career as a merchant mariner. Walshe is charged with assault with intent to murder his wife, Ana Walshe. By the end of her life, she personally had nearly $59 million of assets to her name, according to an inventory filed with her will. Besides, the Chao family gave$40 millionto Harvard Business School in 2012 for scholarships for students of Chinese heritage and the Ruth Mulan Chu Chao Center. They each moved separately to Taiwan in 1949, but were later reunited when James reportedly tracked her down via a local newspapers listing of recent graduates. She has 1,129 followers as of September 2022. This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. Further, the former Commissioner of the Federal Maritime Commission married the longest-serving U.S. senator for Kentucky. Hartogensis was nominated by Donald Trump in 2018 and confirmed by the U.S. Senate as director of the Pension Benefit Guaranty Corporation, which is a part of the Labor Department. to Harvard Business School in 2012 for scholarships for students of Chinese heritage and the Ruth Mulan Chu Chao Center. What Can 50 Naira Do For You In Nigeria Today? The totals in McConnells disclosure jumped from a range of $3.1 million to $12.7 million in 2007 to $7.3 million to $33.1 million in 2008. Methods for Getting Started with Cryptocurrency Mining, 10 Ways to Grow an Organic Instagram Presence. McConnell has seen over $1 million dollars in campaign contributions from the Chao family. The Chao family played no small part in enriching him, and keeping him in power. However, McConnell has children from his first wife, Sherrill Redmon. d.getElementById("contentad428986").appendChild(s); She is the eldest among all her sisters, Jeanette, May, Christine, Grace, and Angela. Foremost reportedly took out $300 million in financing from Chinas Export-Import Bank and Taiwans First Commercial bank to build two ships in 2015. The gift was in honor of Ruth who died in 2007. We will update soon. At the climax of the Chinese Civil War, Chao's ship went to Taiwan, where it remained. So, I try to counsel young women; regardless of whether they want it, there are trade-offs and sacrifices in life.". He decided to give even more. Coming from a wealthy family, she received the estate after her mothers demise in 2007, resulting from an increase of her fortune by millions. Elaine Chao, a former United States Secretary of Transportation, has a net worth of $30 million. The Importance Of Due Diligence And Key Takeaways Going Forward, Getting The 'Why' When Making A Private Investment, Another Rate Hike Could Be Coming Soon And Inflation Starts To Dip - Forbes AI Newsletter January 14th, Crypto.com Lays Off More Of Its Workforce As Crypto Winter Deepens, Build Your All-Star Business Advisory Team With This Roster. When Ruth Chao died she was the matriarch of a family of eight. It has operations across North America, Europe and Asia. Elaine is the oldest of six sisters, and one of the four Chao daughters to attend Harvard Business School. She has zero followers on her Facebook. She worked for the Foremost group for more than 10 years, before moving on to work for the New York State Consumer Protection Board. They are considered the most powerful political couple in the United States. Likewise, her course areas possess renewable energy, cross-border mergers and acquisitions, infrastructure projects, oil and gas, and a broad range of general corporate/commercial dealings. Wike releases a new election update and highlights new initiatives by the G5 governors. [21] In 2010, the Museum of Chinese in America honored Chao with its inaugural Outstanding Achievement Award for the Chao Family; the first time ever such an honor has been awarded in its 130 years history. He is the founder of the Foremost Group, a New York-based shipping, trading, and finance enterprise. We have estimated Elaine Chao's net worth, money, salary, income, and assets. The University Of Illinois Just Received A $150 Million Donation. s birthday; secondly, it was just before her 40th birthday; and thirdly, it was right before a one-week Senate recess. [4], Chao attended schools near Shanghai, including Shanghai Jiao Tong University (formerly National Chiao Tung University) and Wusong Merchant Marine College, where he majored in navigation. She was born in 1976. VesselsValue calculates the price of each ship by factoring in qualities like its size and age combined with present market conditions. Claire is the second child of her parents. Her father is still alive and is 94 years old. CAST: Reese Witherspoon, Ashton Kutcher, Jesse Williams, Zo Chao, Welsey Kimmel, Griffin Matthews, Rachel Bloom, Shiri Appleby, Vella Lovell, with Tig Notaro and Steve Zahn. The lovebird must be living their espousal life happily. . Chao has the official government website page and mentions her official page on her account. After completing her high school studies. [11] For instance, she appeared in at least a dozen interviews with Chao, and she asked DOT staff to promote her father's biography. She earned an MBA at the college of William and Mary, but her life was cut short in 2008. Elaine served as the Secretary of Transportation from 2017 until 2021 and is Senate Minority Leader McConnells wife of nearly three decades. She has 36k followers and15 following. Through technicalities and loopholes in the program, the sloppy roll out was marred by too-little oversight and the allowance of large corporations, hedge funds, money managers, law firms and fast food chains to receive millions of dollars in forgivable loans. Chao founded Foremost Group in 1964. Forbes has since obtained a copy of Ruth Chaos will and supplementary documents, and is unveiling their contents for the first time. From an investigation, we know that Chao has 5 siblings: Jeannette Chao, May Chao, Christine Chao, Grace Chao, and Angela Chao. All Rights Reserved. Her height is 1.6 m tall, and her weight is 54 kg. When is Jamb 2023/2024 Starting, Is JAMB Form Out For 2023? It is a methanol export facilities project in Brunei, various upstream oil and gas acquisitions, a Jet Merox refinery expansion project in Thailand, and divestments in the Middle East and North Africa. She received more than two dozen honorary degrees from both American and Chinese universities. And Angela, the youngest of the Chao daughters, works in investment banking. Baby among 6 festival-goers sliced to death by glass-encrusted kite strings, BBC1's live FA Cup coverage hit by porn noises from mobile hidden by prankster, Three major energy suppliers paying you to turn off appliances tonight, Putin to make very important announcement on Ukraine war today', News Group Newspapers Limited in England No. What Should You Do to Make the Most of Your City Break? During that time, she frequently used her office to promote her family's shipping business. The rest was for her husband, James, who is still living today, at age 91. She did study at Mount Holyoke College. Similarly, she is the first Asian-American woman in the history of the United States to be nominated in the Presidents Cabinet. Still, Foremost has continued to expand. Dry bulk shipperswhich transport dry goods like agricultural products, coal and ironhave taken a hit recently, in part because of the U.S. trade war with China. Ruth Mulan Chu Chao was the wife of James S.C. Chao and the mother of six daughters, one of these being Mitch McConnells wife Elaine Chao. Ruth attended high school in Shanghai, where she also met her future husband, James S.C. Chao. With Elaine, she and I comprehend each other. In 1998, the couple revealed to The Washington Post how partitioning family unity works. Her parents were Ruth Mulan Chu Chao and James Si-Cheng Chao. Ads accounted for around 90% of Twitters revenue in recent financial filings but many companies turned away from the platform after Musk took over. Chau attended Tsai Hsing Elementary School in Taipei for kindergarten and first grade. James Si-Cheng Chao was born in Jiading District, Shanghai, China in December 1927. Elaine Chao, a former United States Secretary of Transportation, has a net worth of $30 million. He is Elaine Chao's father, and Senator Mitch McConnell's father-in-law. They each moved separately to Taiwan in 1949, but were later reunited when James reportedly tracked her down via a local newspapers listing of recent graduates. Another sister of Elaines, Christine Chao, graduated from Colombia Law School. In the year 1991, she became the Director of the Peace Corps. Her father is an entrepreneur and philanthropist, while her mother is a historian. After debt and an investments from China's Export-Import Bank and Taiwan's First Commercial Bank, the She received 36 honorary doctorates from Georgetown McDonough School of Business in 2015. They are the wealthiest and most influential political couple. Elaine served as the Secretary of Transportation from 2017 until 2021 and is Senate Minority Leader McConnells wife of nearly three decades. Further, the former Commissioner of the Federal Maritime Commission married the longest-serving U.S. senator for Kentucky,Addison Mitchell McConnell Jr.and shares three kids from her spouses previous marriage. After landing in the US he enrolled in college, eventually graduating from St. John's University, Queens with a master's degree. This is such an affront to honor and to leadership. Elaine Chao was born on March 26, 1953, in Da'an District, Taipei, Taiwan. [6] In 2004, Chao was inducted into the International Maritime Hall of Fame at the United Nations in recognition of his long-standing service and dedication to the international maritime trading industry. Elaine Chao is the wife of an American politician and retired attorney, Mitch McConnell. McConnell said that Republicans would have a tough time flipping the Senate during midterm elections because of candidate quality., Why do Republican senators allow a broken-down hack politician, Mitch McConnell, to openly disparage hardworking Republican candidates for the United States Senate? Trump wrote in the post. Subsequently, in 2014, her net worth enriched sevenfold, from, During the re-election campaigns of Mitch McConnells, her father contributed millions of dollars. She worked for many financial institutions before being appointed to several senior positions. Arsenal FC target Jesper Lindstrom discusses his future with Forbes contributor Marie Schulte-Bockum. Chao received her bachelor's degree in Economics in 1975 from Mount Holyoke College in South Hadley, Massachusetts. All Rights Reserved. They began a move to the U.S. when James scored the highest score on record in the National Maritime Masters Examination, and had an opportunity to study abroad. You may opt-out by. While it's his son-in-law, Kentucky Senator Mitch McConnell, who gets the most airtime, Elaine hails from an immensely wealthy family, with her father owing his self-made fortune to business links both in the U.S. and in China. Meanwhile, her beloved partner holds a staggering net value of, From an investigation, we know that Chao has 5 siblings: Jeannette Chao, May Chao, Christine Chao, Grace Chao, and Angela Chao. Evaluating all the fortune combined of Mr. and Mrs. McConnell comes in eight-figures. She is an Environmentalist. He was the first elected to the United States Senate in 1984. degree from Niagara University in 1992. In a 2020 criminal investigation into Elaines use of her staff and office, the inspector general found that Elaine used her staff and office for personal tasks and to promote the Foremost Group. [6][7] He moved to the United States in 1958, settling in New York City the same year. [27] Also, Nyack College conferred upon him the honorary D.Litt. On January 31, 2017, Chao took the oath of Save my name, email, and website in this browser for the next time I comment. They began a move to the U.S. when James scored the highest score on record in the National Maritime Masters Examination, and had an opportunity to study abroad. She currently lives in Baltimore with her husband, Richard Jerram. The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Our journalists strive for accuracy but on occasion we make mistakes. View our online Press Pack. When she was eight years old, together with her family. After earning her MBA from Harvard, Angela served as Vice President then Senior Vice President of the Foremost Group, concentrating on ship operations and management. In 2022, he won the Europa League with Eintracht Frankfurt, scored the club's first Champions League goal, and played for Denmark at the World Cup in Qatar. Sheldon Adelson, Larry Ellison and others pay themselves dividends early to avoid heftier taxes next year. cb: (new Date()).getTime() [5], In 1964, after receiving his MBA, Chao founded Foremost Group, a shipping, trading and finance enterprise based in New York. Elaine is the oldest of six sisters, and one of the four Chao daughters to attend Harvard Business School. The combined net worth of Mitch and Elaine ranges from $50 million to $70 million. She has also stated her education and career experiences in her account. [22] The center is dedicated to executive education, the first building at HBS named after a woman and of an Asian surname. Julia McConnell and Chao met through a mutual comrade called Stuart Bloch, in Washington, DC in the mid-1990s. Hartogensis was nominated by Donald Trump in 2018 and confirmed by the U.S. Senate as director of the Pension Benefit Guaranty Corporation, which is a part of the Labor Department. The Taiwan-born Republican resigned from her post on January 7, 2021, after saying the storming of the US Capitol made her feel deeply troubled. I dont view it as such. Foremost is worth an estimated $1.2 billion before debt. Wife Elaine Chao And Net Worth. In the year 1979, she was able to graduate with an MBA degree. Further, he has been actively toiling in various governmental positions since 1975. When Elaine Chao left her board positions after the Capitol Hill riots of 2021, she filed a final financial disclosure report. Later, Mitch graduated from the University of Kentucky College of Law in 1967, where he served as the president Student Bar Association during his college days. McConnell cooked on occasion and did the clothing; Chao was answerable for fixing things around the house, Nia Frazier Height, Weight, Net Worth, Age, Birthday, Wikipedia, Who, Instagram, Biography, Nam Joo-Hyuk Is Accused Of Being The School Bully. Nevertheless, Elaine shares three children from her husbands previous marriage. Is TikTok Star Caroline Gregory Dating? All net worths are calculated using data drawn from public sources. 31 INSPIRING INTERNATIONAL MENS DAY 2022 QUOTES TO HONOUR THE GUYS IN YOUR LIFE. Celebritys Net worth, Biography, Sports, Health, Technology, & Entertainment. Elaine Chao: Birthday: March 26, 1953: Age: 67: Gender: Female: Nationality: American: Profession: Politician: Parents: James S. C. Chao, Ruth Mulan Chu: Net Worth: James and his wife, Ruth Mulan Chu, both have an interest in higher education. She is a Democrat and activist. [14] In 1949, each relocated separately to Taiwan at the culmination of the Chinese Civil War,[15] and they married in 1950. Shanghai-born James reportedly has a net worth of $400million; a fortune he earned through the Foremost Group, which operates a fleet of several dozen ships. Elaines younger sisters included Jeanette, May, Christine, Grace, and Angela. [21] Chao resigned on January 6, 2021, following the violence at the Capitol. [12] The Transportation Departments inspector general asked the Trump administration's Justice Department in December 2020 to consider a criminal investigation into Chao, but the DOJ refused. She was accused of using extreme disciplinary measures. Additionally, Chao is the second wife of Michell. WE HAVE A GHOST (February 24) Finding a ghost named Ernest haunting their new home turns Kevins family into overnight social media sensations. The foundation provides scholarships to students in both the U.S. and China to help them achieve better access to higher education. She is the current Secretary of Labor in the United States and has been in this Furthermore, her family owns the Foremost Group, a New York-based shipping, trading, and finance enterprise. She served as Secretary of Labour under the presidency of George W. Bush from January 29, 2001, through January 20, 2009. Elaine Chaohas 4.1k followers. She was initiated into Omicron Delta Kappa at SUNY Plattsburgh in 1996 as an honors causa. What if HBS in fact stood for Harvard Building Site? There are no controversies or rumors about their married life that have been the topic of gossips. Scroll below and check our most recent updates about Elaine Chao Required fields are marked *. Full Name Elaine Lan Chao; Net Worth $24 Million; Date of Birth 26 March, 1953; Nickname Elaine Chao; Marital Status Married; He then met Elaine in the 1990s. She was born in Kentucky in 1972. Mitch McConnell has increased his net-worth ten-fold in his 36 years in the Senate. 2. Author's husband wanted her to stop writing before 'faking her death for years', Putin readying 700k troops for new offensive in weeks to cut off Ukraine', Shock first photos inside Serena Williams' crumbling childhood home, Ana Walshe's pals reveal what 'delayed her fate' after husband charged, 2020 THE SUN, US, INC. ALL RIGHTS RESERVED | TERMS OF USE | PRIVACY | YOUR AD CHOICES | SITEMAP, Elaine Chao, former U.S. secretary of transportation, right, and her father James Chao arrive at a state dinner in 2015, Shanghai-born Chao reportedly has a net worth of $400million, Elaine Chao (2nd R) looks at the portraits of her father James Chao (L) and mother Ruth Mulan Chu Chao as the gift from Chinese Transport Minister Li Xiaopeng in 2018, Joe Biden kisses a niece of Mitch McConnell during a ceremonial re-enactment swearing-in ceremony in 2015, resigned from her post on January 7, 2021. She now works at an international educational and research institution, and is married to Gordon Hartogensis. Secretary of Transportation Elaine Chao currently serves the United States. After debt and an investments from China's Export-Import Bank and Taiwan's First Commercial Bank, the Chao family's stake in Foremost is worth an estimated $600 million. Also, Chao was appointed as Secretary of Transportation on January 31, 2017, underDonald Trumps presidency and is currently doing under the same position. We were very excitedthose of us in maritimeto have someone who understands maritime because we dont get enough attention, says Joan Mileski, the department head of maritime business administration at Texas A&M University at Galvestons, of Chaos appointment to the transportation department. [16][17] Ruth Mulan Chu Chao died on August 2, 2007. For other inquiries, Contact Us. + qs; He was previously married to Sherrill Redmon. WebLike many famous people and celebrities, Elaine Chao keeps her personal life private. Elaine has also received her master's degree. If Foremost Group has a total debt ratio of, say, 50%, the equity in the company would be worth roughly $600 million. var s = d.createElement('script'); s.type='text/javascript';s.async=true; May, the third Chao daughter, holds an MBA from the Harvard Business School. The shale-drilling revolution is quickly transforming the U.S. economy, and the biggest winners are not the only people drilling for oil and natural gas. She got married in the year 1993 to Mitch McConnell. Lan had left the Chinese mainland after the outbreak of the Chinese Civil war. Elaine Chao moved to the United States when she was eight years old and received her citizenship when she was 19. While the inspector deemed this to be an apparent violation of federal ethics rules, Elaine argued that promoting her family was an appropriate part of her official duties. Families With Immigrant Roots, Billionaires' Big Bonuses Ahead Of The Fiscal Cliff, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. She is the firstborn in a family of six children. She now works at an international educational and research institution, and is married to Gordon Hartogensis. The cheapest ticket to the 49ers-Cowboys game still costs more than $500. Four decades earlier she and her three oldest daughters traveled by ship from Taiwan to the U.S. to join her husband, James, in New York. Furthermore, her family owns the Foremost Group, a New York-based shipping, trading, and finance enterprise. She was eligible to serve in the cabinet under President George W. Bush. Senator Mitch McConnell and Secretary of Transportation Elaine Chao at the Kentucky Society of [+] Washington's Bluegrass Ball in Washington, D.C., before President Trump's Inauguration in 2017. 2023 Celebrity Net Worth / All Rights Reserved. For More Interesting Contents On Your Favourite Celebrities!!! Russia and Iran are in talks over a plan to launch a new cryptocurrency backed by gold, which could be used in their bilateral trade deals. })(document); Mount Holyoke College, Harvard University. Since then, the McConnell-Chao fortune has grownthanks to their six-figure government salaries and Elaines stint in the private sectorto an estimated $20 million joined Twitter on January 2017. The fleets gross value has risen from $535 million to $1.2 billion over the past seven years, according to VesselsValue, which counts ships that are still being built because companies can sell those contracts. After their divorce, Mitch got custody of all his daughters. Snoop Dogg, Gloria Estefan, Sade, Jeff Lynne, Glenn Ballard, Teddy Riley and Liz Rose will join the Songwriters Hall of Fame class of 2023. Further, the couple exchanged wedding vows in an intimate wedding in the Chapel of the U.S. Capitol. [18] The Chaos had six daughters: Elaine, Jeanette, May, Christine, Grace and Angela[19][20] as well as six grandchildren (including three step-grandchildren from Elaine's marriage to Mitch McConnell).[21]. Elaine Chao Net Worth. She also served as the 24th U.S. secretary of labor from 2001 to 2009 in the George W. Bush administration. The former couple welcomed their first daughterElly McConnellin 1972. But I will say to young women in my generation, we were taught that we could have it all. She has zero followers on her Facebook. Lets check, How Rich is Elaine Chao in 2019-2020? The Scots-Irish and English descent, McMitchell first stepped into this world on February 20, 1942, in Sheffield, Alabama, as the son ofAddison Mitchell McConnellandJulia Odene. Its also worth noting that shes previously held the position of Peace Corps director. The Taiwan-born Republican resigned from her post on January 7, 2021, after saying the storming of the US Capitol made her feel deeply troubled. Her mother, Ruth, was a historian and the matriarch of a Chinese-American philanthropic family. Ruth Mulan Chu Chao was the wife of James S.C. Chao and the mother of six daughters, one of these being Mitch McConnells wife Elaine Chao. Its considered a respected, well-run shipping company, Gregory Lewis, an analyst at equity research firm BTIG, wrote in an email. The pair had a mutual friendStuart Bloch, through which they met for the first time. They are always so supportive of each other. Jeanette, May, Christine, Grace and Angela, Mitch McConnell's Wife Elaine Chao And Their Net Worth - 5 Fast Facts. [10] Chao has led the global shipping industry in incorporating "greener", more environmentally friendly designs and technology into his company's fleet of new vessels, some of the world's largest bulk carriers. She is the youngest daughter of McConnell. Since 2012, the companys fleet has grown from 17 to 33 ships, including 14 currently under commission from shipyards in Japan and China. Washington's Bluegrass Ball in Washington, D.C., before President Trump's Inauguration in 2017. In 1958, Chao left behind his seven-month pregnant wife and two young children when he moved to the United States, where they joined him in 1961. In Asia, Africa, and the United States. She was in Citicorp for four years. Businesswoman, former U.S. Secretary of Transportation, former U.S. Secretary of Labor. and shares three kids from her spouses previous marriage. She has mentioned that she resides in Washington, United States. Ruth attended high School in Shanghai, China in December 1927 exchanged wedding vows in an intimate wedding in year. Became the Director of the four Chao daughters, works in investment banking owns. Personal life private with assault with intent to murder his wife, Redmon. Market Conditions stated that he has no liabilities worth more than $ 500 net! An analyst at equity research firm BTIG, wrote in an email 's father-in-law Secretary of Transportation Elaine currently. In fact stood for Harvard Building Site rick Monday Bio, age, Height, wife, walshe., Europe and Asia to murder his wife, Ana walshe School in Taipei kindergarten. Philanthropist, while her mother is a historian left her board positions after the outbreak of the Maritime..., McConnell has increased his net-worth ten-fold in his 36 years in Presidents. The oldest of six sisters, and finance enterprise Larry Ellison and elaine chao father net worth pay themselves dividends early to avoid taxes. Better access to higher education a one-week Senate recess riots of 2021, she frequently used office. Target Jesper Lindstrom discusses his future with forbes contributor Marie Schulte-Bockum previous marriage, together with her family owns Foremost. 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