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Dorothy Chao Jenkins & family
Rank #991
UNITED STATESManufacturingChemicals, building products

Dorothy Chao Jenkins & family

Net Worth
$4.313B
-0.21% (24h)
Dorothy Chao Jenkins, at 80 years old, is a prominent figure in the chemicals and building products industry. Her family's wealth stems from their significant stake in Westlake Corporation, a leading producer of low-density polyethylene used in various applications. Dorothy Chao Jenkins serves on the board of Westlake Corporation. The family's focus has been on expanding Westlake through strategic acquisitions, expansion of existing facilities and new construction. Her family has consistently been ranked among the wealthiest in America. Dorothy is married to Charles H. Jenkins, Jr. In her career, Dorothy has served on the boards of several civic and educational organizations. Her family is also known for its philanthropy, primarily through the Ting Tsung and Wei Fong Chao Foundation.

The Full Dossier

Early Life

Dorothy Chao Jenkins was born in Suzhou, China, in the 1940s. Her family moved to Taiwan, where her father, Ting Tsung "T.T." Chao, began a PVC business. The family later relocated to the United States, where T.T. Chao founded Westlake Chemical Corporation in 1986.

Rise to Success

Dorothy, along with her brothers James and Albert Chao, played key roles in the growth of Westlake Chemical. The company expanded through acquisitions and strategic growth, becoming a significant player in the chemicals and building products industry. Dorothy's career includes being a director of Westlake Chemical and service on the boards of several civic and educational organizations.

Key Business Strategies

Westlake's success is attributed to consistent growth through acquisitions, expansion of existing facilities, and new construction. The company’s focus on the olefins and vinyls sectors has driven substantial revenue growth, making it one of the largest companies in the U.S. by revenue.

Philanthropy

Dorothy Chao Jenkins and her family are involved in philanthropy through the Ting Tsung and Wei Fong Chao Foundation. The foundation supports cultural, civic, and higher education institutions, with a focus on Texas. Key initiatives include supporting Rice University's Chao Center for Asian Studies and various programs at Houston Methodist.

Career Timeline

2023

Retired from Board

Retired from the board of Westlake Chemical Corporation.

2003

Board of Directors

Joined the Board of Directors of Westlake Chemical Corporation.

Philanthropic Impact

Education$15M

Chao Center for Asian Studies

Pledged $15 million to Rice University to fund a new Center for Asian Studies.

Wealth Trajectory