Clara Wu Tsai Net Worth

Written by Natalija - Reviewed by Emilija Business Leaders

4 min read
Net Worth $ 10,000,000,000
Real name Clara Wu Tsai
Source of Wealth Owner of the Brooklyn Nets, Businesswoman, and Racial Justice Advocate.
Profession Businesswoman, Investor, Philantrophist
Spouse/Partner Joseph Tsai
Zodiac Aquarius
Gender Female
Pronoun She/Her
Height 160 cm / 5 ft 2 inch
Nationality American
Siblings /

Early Life

Clara Wu Tsai was born in 1966 in Lawrence, Kansas, to her immigrant parents, Chin-Sha Wu and Dr. De Min Wu.

She comes from a very educated family; her father was a professor of economics, so, following in her parent’s footsteps, Clara enrolled at Stanford University, where she received her bachelor's and master's degree in international relations.

She further expanded her education and got her Master's In Business Administration from Harvard University.

Career

  • Clara Wu Tsai has had quite an impressive career and achievements. She is an investor, businesswoman, and philanthropist.
  • She began her career as a senior manager in the business analysis unit at American Express, and she would later be promoted.
  • Ms.Tsai is also a founder of the Joe and Clara Foundation[1] , where she promotes knowledge of cultural arts and inclusivity and fights against racial injustice.
  • To further fight against racial injustice, Clara partnered up with the Reform Alliance.
  • Aside from fighting for criminal justice, Clara and her husband, Joe Tsai, have invested in the WNBA [2]and are owners and active investors of the NBA Brooklyn Nets. [3]
  • Clara and her husband founded the Stanford Neuroscience Institute, which later became the Wu Tsai Neuroscience Institute.
  • Clara got promoted to vice president in the business analysis unit at American Express [4]in America and Hong Kong.
  • She is a vital trustee of Lincoln Center for The Performing Arts.

https://www.instagram.com/p/Cl63__quewJ/?utm_source=ig_web_copy_link

Personal Life

Clara met her husband, Joe Tsai [5] , a Hong-Kong lawyer, philanthropist, and co-founder of The Chinese tech company Alibaba Group, and dated him for a long time before they got married in a Christian church in 1996.

Joe and Clara have three children together: Dash, Jacob, and Alex.

These two are actual examples of a power couple. Clara and her husband invested and founded the Stanford Neuroscience Institute.

Check out the life and net worth of Todd Graves.

Charitable Actions

  • Aside from working and collaborating with Stanford, the Tsais have donated to Yale University and started their own institute behind their doors.
  • In 2020, Clara and her husband donated and actively participated in the George Floyd protests.

As a sign of solidarity and active participation, they donated $50 million towards increasing racial and ethnic diversity in performing arts and fought for social justice.

  • Not long after that, the couple partnered with the Brooklyn Nets and donated to John Michel Basquiat's educational art program.

Recognitions

In February 2021, Clara Wu Tsai was recognized as the “Champion Of Justice” by John Jay College. Clara and her husband were also recognized for their numerous donations towards fighting social injustice.

https://www.youtube.com/watch?v=qrCBa6KJ7VI

Conclusion

Clara Wu Tsai is a businesswoman, philanthropist, and advocate for fighting racial and ethnic injustice. Alongside her husband, Joe, she founded “The Joe And Clara Foundation,” where they constantly donate and fight for Racial Justice and Economic Mobility in Brooklyn.

She got her bachelor's and master's degree from Stanford but continued to expand her education by enrolling at Harvard University and getting her MBA.

Clara Wu Tsai’s net worth is estimated at $10 billion.

References

  1. →, R.M. et al. (no date) Social Justice Fund. Available at: https://www.bksjf.org/ 

  2. Women's National Basketball Association (2022) Wikipedia. Wikimedia Foundation. Available at: https://en.wikipedia.org/wiki/Women%27s_National_Basketball_Association 

  3. (no date) The official site of the NBA for the latest NBA scores, Stats & News. Available at: https://www.nba.com/nets  

  4. American Express credit cards, Rewards & Banking (no date) American Express Credit Cards, Rewards & Banking. Available at: https://www.americanexpress.com/ 

  5. Joseph Tsai (2022) Wikipedia. Wikimedia Foundation. Available at: https://en.wikipedia.org/wiki/Joseph_Tsai