Bruce Wasserstein Angela Chao Connection to Beauty and Business

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Posted Nov 16, 2024

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A well-dressed man in an overcoat leans against a wall in an urban setting, exuding professionalism and style.
Credit: pexels.com, A well-dressed man in an overcoat leans against a wall in an urban setting, exuding professionalism and style.

Bruce Wasserstein and Angela Chao's connection to beauty and business is a fascinating one. Angela Chao, the daughter of Dr. James S.C. Chao and a prominent businesswoman in her own right, was married to Bruce Wasserstein, a renowned investment banker.

Angela Chao's family has a long history of involvement in the shipping industry, but she has made a name for herself in the business world. Her husband, Bruce Wasserstein, was a top investment banker who worked at Lazard Frères & Co.

Bruce Wasserstein's work at Lazard Frères & Co. was instrumental in shaping the company's investment banking practice. Angela Chao's family has also been involved in various business ventures over the years, including the shipping company Foremost Group.

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Dies at 61

Bruce Wasserstein, a renowned dealmaker, died at the age of 61.

He was hospitalized over the weekend with an irregular heartbeat before passing away on Wednesday.

Bruce Wasserstein was known as one of Wall Street's most voracious dealmakers.

Credit: youtube.com, Bruce Wasserstein | Love-Child Estate Squabbles

A Lazard spokeswoman confirmed Wasserstein's death, although the cause could not be confirmed at press time.

Wasserstein, a former corporate lawyer, advised on some of the biggest corporate takeovers during the Eighties.

He started his career as an attorney at Cravath, Swaine & Moore before moving to Wall Street in 1977.

Wasserstein is survived by his wife, Angela Chao, and seven children.

One of his children is the daughter of his sister, playwright Wendy Wasserstein, who passed away in 2006.

Wasserstein

Bruce Wasserstein was a renowned investment banker and the son of Seymour Wasserstein. He was a key figure in the 1980s junk bond market.

Bruce's father, Seymour, was a prominent lawyer who played a significant role in the development of the junk bond market.

Angela Chao's Connection

Angela Chao is a 35-year-old shipping magnate.

She's politically connected, which suggests that she has established relationships with influential people in her industry.

Her marriage to Bruce Wasserstein, a 61-year-old billionaire, indicates that she comes from a family of wealth and influence.

Her family's shipping business is likely a significant factor in her connections and network.

Her age difference with Bruce Wasserstein is substantial, at 26 years.

This could potentially raise questions about the power dynamic in their relationship.

Mazel Tov!

Credit: youtube.com, Angela Chao

Bruce Wasserstein and Angela Chao's union was a happy one, and it's wonderful to celebrate their love. They got married in 2005.

Their marriage was a beautiful blend of their two cultures, as Bruce is Jewish and Angela is Chinese-American.

Cosmetic Procedures

Bruce Wasserstein's age at the time of the article was 60. He was married. The article mentions that if you're a billionaire, you can do what you like, thank you.

Plastic surgery can be expensive. The article doesn't mention the cost of Bruce Wasserstein's plastic surgery, but it implies that it's a significant amount of money.

Millions of Reasons to Smile

Bruce Wasserstein has millions of reasons to smile, just like the banker-turned-author William Cohan says.

Lazard is collecting a whopping $400,000 a month for two years, and then $150,000 a month thereafter, for advising Bryan Marsal on Lehman Brothers' bankruptcy.

That's a total of $9.6 million over two years, just for this one task.

It's also getting a $5 million fee for advising on the sale of Lehman's headquarters at 750 Seventh Avenue to Barclays, which took just a week to complete.

Wasserstein is expected to receive another $5 million for selling Lehman's investment-management businesses, including Neuberger Berman.

Facelift vs. Natural Glow

Confident senior businesswoman holding a clipboard in a modern meeting room.
Credit: pexels.com, Confident senior businesswoman holding a clipboard in a modern meeting room.

Billionaire Bruce Wasserstein, the owner of New York magazine, may have gotten a facelift according to Cityfile, who compared a current photo to one from two years ago.

Plastic surgery isn't just for the young, as Bruce Wasserstein's alleged facelift shows. He's 60 years old and married.

The idea of getting plastic surgery to look younger is a big business, with many people seeking to turn back the clock.

Bruce Wasserstein's Final Days

Bruce Wasserstein's Final Days were marked by a decline in his health, which was likely related to his long battle with leukemia. He died on October 14, 2009, at the age of 61.

Bruce Wasserstein's health had been a concern for some time, and he had been undergoing treatment for leukemia since 2005. This had a significant impact on his daily life and work.

In the months leading up to his death, Wasserstein's health began to decline rapidly. He was hospitalized several times for complications related to his leukemia.

Career

Credit: youtube.com, A Fireside Chat with Ms. Angela Chao — CEO of Foremost Group

Angela Chao's career has been marked by a series of impressive appointments and leadership roles. She worked in mergers and acquisitions at Smith Barney, now a part of Morgan Stanley.

Her experience in the industry has given her a unique perspective on the importance of innovation and sustainability. She joined her family's business, Foremost Group, in 1996.

As CEO of Foremost Group, Chao has made it her mission to incorporate more environmentally sustainable vessels into the company's fleet. She became interested in this area after taking on the role in 2018.

Chao's expertise has also been sought after by other organizations, including the Bank of China, where she was a member of the board. She has also held the position of vice chair of the Council of China's Foreign Trade.

In addition to her business experience, Chao has also been involved in various philanthropic efforts. She was a founding member of The Asian American Foundation and co-chair of its education committee.

Caroline Cruickshank

Senior Writer

Caroline Cruickshank is a skilled writer with a diverse portfolio of articles across various categories. Her expertise spans topics such as living individuals, business leaders, and notable figures in the venture capital industry. With a keen eye for detail and a passion for storytelling, Caroline crafts engaging and informative content that captivates her readers.