Billionaire Profile

Global Rank

#1945

Image: Public domain | via Wikimedia Commons

Gary Chouest & family

CEO, Edison Chouest Offshore

Real-Time Net Worth

$2B

As of December 2025

Age

Source

Shipping

Industry

logistics

Citizenship

Biography

Gary Chouest, the 81-year-old president of Edison Chouest Offshore, leads a family deeply rooted in the shipping industry. His career began with his father, Edison Chouest, and has since shaped the company into a global leader in marine transportation, operating over 200 vessels. Chouest's net worth is estimated to be $2.0 billion, a testament to his strategic vision and leadership in the maritime sector. The Edison Chouest Group is also involved in shipbuilding and port operations, further solidifying its position in the industry.

Wealth Over Time

Portfolio Holdings

Westport Yachts

In-Depth Profile

Early Life

Gary Chouest was born in July 1944, into a family of maritime pioneers. His father, Edison Chouest, founded Edison Chouest Boat Rental in 1960, which later evolved into Edison Chouest Offshore (ECO).

Rise to Success

Gary Chouest became the president of Edison Chouest Offshore, leading the company's expansion into a diverse marine transportation provider. ECO operates a fleet of over 200 vessels and expanded to shipyards, port operations and other related services.

Key Business Strategies

Under Gary's leadership, Edison Chouest Offshore has focused on designing, building, and operating its own vessels. This strategy has allowed the company to stay at the forefront of new technologies, including advancements in subsea support and integrated bridge systems.

Philanthropy

While specific figures are not available from the search results, Gary Chouest is known for his active involvement in the maritime industry and is an active member of the Offshore Marine Service Association and has graced the Board of Directors of the National Ocean Industries Association.

Career Milestones

1960

Edison Chouest Boat Rental Founded

Gary's father founded the company, laying the groundwork for the future Edison Chouest Offshore.

1974

Company began building its own ships

The company started designing, building, and operating its own ships, which significantly expanded the business.

2008

Took over as President of Edison Chouest Offshore

Gary Chouest has been running the company since his father stepped down.

2014

Acquired Westport Shipyard

The Chouest family acquired Westport Shipyard, expanding their presence in the yacht building industry.

2024

Acquired ROVOP

Chouest group acquired ROVOP, expanding their subsea services.

Philanthropy & Social Impact

Industry

Maritime Industry Support

Undisclosed

Gary is an active member of the Offshore Marine Service Association and has graced the Board of Directors of the National Ocean Industries Association.