Billionaire Profile
T
Global Rank
#2639

Image: Federal Government of the United States (Q48525) | Public domain | via Wikimedia Commons

Thomas Crowley Jr & family

CEO, Shipping
UNITED STATES
Real-Time Net Worth
$1.5B
Estimated based on Shipping stock value as of April 20, 2026
0% (24h)
Age
58
Source
Shipping
Industry
Logistics
Citizenship
UNITED STATES

Biography

Thomas Crowley Jr. is the chairman and majority owner of Crowley Maritime Corporation, a U.S.-based marine solutions, energy, and logistics services company. As the third generation to lead the family firm, which was founded in 1892, he has steered the company to an estimated net worth of $1.5 billion. His career has spanned various roles within the company, including managing the loading and unloading of containerships. Under his leadership since 1994, Crowley Maritime has grown significantly, with a current revenue of $3.5 billion and a fleet of approximately 125 shipping vessels. Crowley has also championed sustainability and innovation within the maritime industry.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Thomas Crowley Jr. is the third generation to lead Crowley Maritime Corporation. His grandfather, Thomas Crowley, founded the company in 1892 with a single 18-foot Whitehall rowboat. From a young age, Crowley was immersed in the family business, starting with odd jobs and learning the maritime industry from the ground up.

Rise to Success

After his father's death in 1994, at the age of 27, Thomas Crowley Jr. assumed the role of chairman and CEO. He inherited a company with an annual revenue exceeding $1 billion and over 200 vessels. Over the years, Crowley has grown Crowley Maritime into a global leader in marine solutions, energy, and logistics. He has overseen significant expansion and diversification, including the creation of new business units in areas such as logistics, government services, energy transportation, and offshore wind.

Key Business Strategies

Under Crowley's leadership, the company has focused on several key strategies. A major focus has been on building a strong team and fostering a collaborative, high-performance culture. He has also prioritized safety and sustainability, driving initiatives to reduce the environmental impact of the company's operations. Furthermore, Crowley has emphasized innovation and agility, adapting to the evolving needs of customers and the maritime industry. A key example includes the investment in LNG-powered ships and the expansion into offshore wind energy.

Philanthropy

Crowley has been involved in supporting academic achievement and providing assistance to those in need. The company provides the Thomas B. Crowley Sr. Memorial Scholarship each year to exceptional maritime students.

Career Milestones

1892

Crowley Maritime Founded

Thomas Crowley Sr. founded Crowley Maritime with a single 18-foot Whitehall rowboat in San Francisco.

1994

CEO and Chairman

Thomas B. Crowley Jr. assumed the role of CEO and Chairman of Crowley Maritime Corporation.

2008

Expansion

Acquired the Seattle-based Naval Architecture & Marine Engineering firm Jensen Maritime Consultants.

2017

Major Contract

Won a major contract with the Department of Defense to manage logistics of shipping 300,000 pieces of equipment annually.

2024

Delivery of New Vessels

Crowley took delivery of the first U.S. all-electric tugboat, eWolf.

Philanthropy & Social Impact

Education

Crowley Maritime Corporation Scholarship

Undisclosed

Provides scholarships to students attending the Williams-Mystic Program at Mystic Seaport.

Business Philosophy & Leadership

Notable Quotes

"At the heart of it is that America needs to be able to run ships."

Leadership Principles

Focus on Safety

Crowley has placed safety at the center of everything the company does and is challenging employees to achieve the goal of doing zero harm to people, property and the environment.

Commitment to Sustainability

Crowley has set the ambition to be the most sustainable and innovative maritime and logistics solutions provider in the Americas.

Employee Development

Dedication to employee education, management training, and initiatives to build a collaborative, high-performance, and inclusive culture.