Ken Chenault is a prominent American business executive and was the CEO and Chairman of American Express. He is currently serving as the Chairman of the global venture capital firm General Catalyst and recently voiced his support for Vice President Kamala Harris during the Democratic National Convention. As he is back in the headlines, many people are curious about what his net worth might look like in 2024.
What is Ken Chenault’s net worth in 2024?
Ken Chenault has an estimated net worth of $200 million in 2024.
Ken Chenault’s net worth in 2024 consists of earnings from being the CEO and earning the chairman’s salary. Presently serving as the Chairperson of General Catalyst Partners, he previously held the position of CEO at American Express. During his tenure as CEO, Chenault received a total compensation of around $370 million. This included a base salary of $1,201,923 along with additional compensation amounting to $980,079.
Ken Chenault is most famous for his real estate business. He bought a house in New Rochelle for $937,500. Then in September 2017, Chenault sold this property for $1.9 million. Additionally, he possesses another luxurious property in New York City, which is a triplex penthouse.
What does Ken Chenault do for a living?
Ken Chenault is a well-known entrepreneur and businessperson.
Most recently, Ken Chenault made headlines during his speech at the Democratic National Convention. Chenault pointed out how business requires stability and endorsed Kamala Harris, highlighting that he believes that her presidency would bring stability to the nation.
Ken Chenault’s earnings explained — how does he make money?
Ken Chenault makes his income as the former CEO of American Express, a role he held from 2001 until 2018. Currently, he’s serving as the managing director at General Catalyst Partners.
Chenault, a 73-year-old resident of Mineola, New York, earned his Juris Doctor from Harvard Law School in 1976. He previously served as the CEO of American Express. Currently, he is affiliated with General Catalyst Partners, where he invests in rapidly expanding companies and offers strategic advice to portfolio firms, particularly those focused on global markets and responsible innovation as they develop their teams and products. Notably, he is the third African American to hold the position of CEO at a Fortune 500 company. Additionally, he is recognized for his role as a member of the board of directors for both Airbnb and Berkshire Hathaway, and he has also served on the board of Facebook in the past.