|Celebrated Name:||Kenneth Chenault|
|Real Name/Full Name:||Kenneth Irvine Chenault|
|Age:||71 years old|
|Birth Date:||2 June 1951|
|Birth Place:||Mineola, New York, United States|
|Wife/Spouse (Name):||Kathryn Chenault (m. 1977)|
|Children/Kids (Son and Daughter):||Yes (Kevin Chenault, Kenneth Jr. Chenault)|
|Is Kenneth Chenault Gay?:||No|
|Net Worth in 2023:||$120 million|
|Last Updated:||May 2023|
Kenneth Chenault is a well-known business executive from America who was the CEO and Chairman of American Express for eighteen years (2001-2018). He is also the third African American CEO of a Fortune 500 company.
Maybe you know about Kenneth Chenault very well, but do you know how old and tall is he, and what is his net worth in 2023? If you do not know, we have prepared this article about details of Kenneth Chenault’s short biography-wiki, career, professional life, personal life, today’s net worth, age, height, weight, and more facts. Well, if you’re ready, let’s start.
Early Life & Biography
Kenneth Irvine Chenault was born on June 2, 1951, in Mineola, New York, the U.S., to his parents Hortenius Chenault and Anne Chenault. His father was a dentist and dental hygienist who graduated from Morehouse College and Howard University Dental School. His father passed the New York State dental exam with the highest score ever recorded, which was not broken till 2014.
Chenault completed his schooling from the Waldorf School of Garden City, where he was the class president. Later, he attended Bowdoin College, where he earned his B.A. in history in 1973. He also completed his Juris Doctor degree from Harvard Law School in 1976.
Chenault married his wife Kathryn Chenault in 1977. Together they are the parents of two children, Kevin Chenault, and Kenneth Jr. Chenault. He is a member of the Westchester Country Club and Phi Beta Sigma fraternity.
He has been able to keep his personal life away from the limelight and is living happily with his wife and children in New Rochelle, New York.
Age, Height, and Weight
Being born on 2 June 1951, Kenneth Chenault is 71 years old as of today’s date 31st May 2023. His height is 1.72 m tall, and his weight is 81 kg.
Kenneth Chenault started his career as an associate at the law firm Rogers & Wells in 1977. From 1979 to 1981, he worked as a consultant for Bain & Company. In 1981, he joined American Express as a member of the Strategic Planning Group. In 1977, he became president and chief operating officer, and by the end of 2011, Chenault became the CEO of American Express.
Throughout his career, he has served on several boards. In 2007, he became the Executive Committee of the Business Roundtable and also the part of the Council on Foreign Relations. In 2011, he was included in the Executive Committee of The Business Council.
In February 2018, Chenault retired as the chairman of American Express and was succeeded by Stephen J. Squeri. In the same year, he stepped down from the board of IBM and Procter & Gamble. Later, Chenault became the chairman and MD of venture capital firm General Catalyst Partners. He also joined the board of directors of Airbnb.
In 2018, he also served on the board of directors of Facebook. In 2020, he stepped down from the Facebook board and replaced Bill Gates on the board of multinational conglomerate holding company Berkshire Hathaway.
Awards & Achievements
Kenneth Chenault has won several awards and recognitions in his illustrious career. In 1995, he was included in the list of one of 50 “living pioneers” in the African-American community.
In 2002, Chenault was inducted into the Junior Achievement U.S. Business Hall of Fame. In 2008, he gave the commencement address at Howard University. The following year, Chenault was invited by Wake Forest University and Northeastern University to give the commencement speech.
In 2010, he was given the Third Lantern Award for individual commitment and dedication to public service by the Old North Foundation. He was made the head of Harvard Corporation in 2014.
In 2017, he was named Chair of the Advisory Council for the Smithsonian’s National Museum of African American History and Culture. Chenault was made a member of the NCAA’s Board of Governors in 2019.
Net Worth & Salary of Kenneth Chenault in 2023
As of May 2023, Kenneth Chenault has an estimated net worth of more than $120 million. He made this huge fortune through his successful career as a business executive.
In 2007-08, Chenault received total compensation of $90 million as the CEO of American Express. The following year, he earned a total compensation of $10 million with a base salary of $2 million, a cash bonus of $1 million, and an option grant of $3 million. By the end of 2016, his total compensation increased to $16 million per year.
Chenault also made a significant part of his wealth by serving on the boards of several multinational companies like Facebook, IBM, Procter & Gamble, Berkshire Hathaway, and many more.
Kenneth Chenault is one of the most renowned businessmen in the world. He started his career as an associate and made his way to the CEO of American Express through his hard work, dedication, and passion. He is considered an inspiration for the upcoming young businessmen and entrepreneurs.