Chin Chu net worth

Chinh Chu Net Worth

Source of WealthBusinessmen (Blackstone Group LLC)
age53
Bith of PlaceUnited States
Born8th Apr 66 United States
spouseHà Phương
occupationFounder and Chairman of Espernet.com Inc, Philanthropist
Per Year$10 Millions
Per Month $833,333
Per Week $192,307
Per Day$27,397
  

Chinh Chu is known as the world’s best Businessmen, Managing Director and CO-Chari of Blackstone Group LLC which he joined in 1990.

After finishing high school, chin chu enrolled at the University of Buffalo, from he has done BS finance in 1988.

Chinh chu found a job at Salomon Brothers in the Mergers & Acquisitions Department.

After four years working in the Salomon Brothers, he moved forward to Blackstone in 1990.

He consistently rose through ranks in the private equity firm, and working on many leading positons, which increased his wealth to a large .

Mr. Chin Chu has been dealing following largest private-equity deals

  • the purchase of water treatment and process chemicals company Nalco from French conglomerate Suez for more than $4 billion.
  • the purchase of Celanese, a German-based chemical company, for $3.8 billion.

In his current position he has led Blackstone’s investments in Stiefel Laboratories, ReAble Therapeutics’ acquisition of DJ Orthopedics, Biomet, Catalent Pharma Solutions, Alliant, ReAble Therapeutics, Celanese, Nalco, SunGard Data Systems, Nycomed, and LIFFE.

He has also been involved in Blackstone’s investments in FGIC, Graham Packaging, Sirius Satellite Radio, StorageApps, Haynes International, Prime Succession/Rose Hills, Interstate Hotels, HFS and Alco Holdings.

Currently Chu serves as a Director of Alliant, BankUnited, BayView Financial, Healthmarkets, DJO Incorporated, Catalent Pharma Solutions, SunGard, Graham Packaging.

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