American businessman and executive Kenneth Chenault has an estimated net worth of $125 million in 2012. Since 2001, Chenault continues to be serving as the Chairman and Chief Executive Officer of American Express. He is considered as the third African American to have served as the Chief Executive of a Fortune 500company. Kenneth Irvine Chenault was born onJune 2, 1951 in Mineola, Nyc. After receiving his bachelor’s degree in history from Bowdo in College, Chenault attended Harvard Law School where he earned his juris doctor in 1976. In 1981, he began working for American Express’ Strategic Planning Group. Starting in 2001, Chenault continues to be serving as the business ‘s CEO. He is currently based in New Rochelle, New York with his wife Kathryn Chenault and their children.