James Chao & family
Overview
- Source of Wealth
- Chemicals, building products
- Industry
- Manufacturing
- Residence
- Houston, Texas
- Education
- Massachusetts Institue of Technology (Bachelor of Arts/Science)
Assets
- Westlake Chemical31,574,000 shares @ --WLK-US
- Westlake Chemical Partners1,591,000 shares @ --WLKP-US
Biography
James 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. James and brother Albert are credited with helping launch the company.
James was chairman from 2004 to July 2024, when he became senior chairman. Albert was CEO from 2004 to July 2024, when he became executive chairman.
Albert and sister Dorothy Chao Jenkins are also estimated to own nearly 25% of Westlake.
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.
James' daughter Catherine Chao and son David Chao sit on Westlake's board alongside Albert's daughter Carolyn Chao Sabat and son John Chao.