Portrait of Michael Chae

Rank #3408

Michael Chae

Net worth $1.0B

Private Equity · United States

Born
Oct 05, 1968
Age
57
Source
Private Equity
Residence
New York, New York
Citizenship
United States
Marital status
Children
0
Education
Master of Philosophy, Cambridge University; Bachelor of Arts, Harvard College; Doctor of Jurisprudence, Yale Law School

Net worth over time

Biography

  • Chae has served as chief financial officer of alternative asset management giant Blackstone since 2015. He was named vice chairman in January 2025.
  • Chae joined Blackstone in 1997 and ran its international private equity business before being tapped to oversee the firm's finances.
  • Chae previously worked at alternative asset manager The Caryle Group and investment bank Dillon, Read & Co.
  • Chae is an alum of Harvard, Yale and Cambridge. He is a director of the Harvard Management Company and founder of the Chae Initiative in Private Sector Leadership at Yale Law School.
  • He is also a member of the Council on Foreign Relations.

Financial assets

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