Background
Stephen Chao was born to a middle class Chinese American family and raised in Ann Arbor, Michigan, moving to New Hampshire when he was eight years old. His maternal grandfather was a prominent official in pre-revolutionary China, once serving as the nation’s economic minster to the United States. Chao is the nephew of Zao Wou Ki, a well-known Chinese Impressionist painter. An excellent student, Chao attended Fay School and later earned a scholarship to the exclusive Phillips Exeter Academy in Exeter, New Hampshire. He attended Harvard University where he majored in classical studies, graduating cum laude in 1977. He later went on to earn an MBA from Harvard Business School in 1981.
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