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Gary Chouest & family

Gary Chouest & family

G. family
0.02% | + $0.46M
$2 B ₹ 18,187 Cr
Real Time Net Worth #2041 Ranking as of 21 Feb 2026 By Forbes

More on Gary Chouest & family

Gender

Male

Age

76Y

Country

United States

Born On

January, 1950

Deceased

No

Relationship Status

Married

Children

2

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Family Wealth (Massively Expanded)

Primary Organization

Edison Chouest Offshore

Titles

President & CEO

Sources of Wealth

Edison Chouest Offshore

Industry

Shipping, Energy, Oil & Gas

About Gary Chouest & family


G ary Chouest is an American billionaire who is the president and CEO of the Edison Chouest Offshore group of companies, a global leader in the marine transportation and services industry for the offshore oil and gas sector. The company was founded by his father, Edison Chouest, as a small shrimping business in Galliano, Louisiana. Gary and his siblings took over and transformed the family business into a maritime powerhouse.

Under his leadership, Edison Chouest has built one of the world's largest and most technologically advanced fleets of offshore support vessels (OSVs), which are used to service offshore oil rigs and platforms. The company is also a leader in shipbuilding, with its own network of shipyards, and it operates its own port facilities. The company is a dominant force in the Gulf of Mexico and has expanded its operations globally. The privately held company is owned by him and his family.

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Quick Reads


  • President and CEO of the marine services giant Edison Chouest Offshore.
  • The company is a leading provider of support vessels for the offshore oil and gas industry.
  • He and his family transformed their father's small shrimping business into a global company.
  • The company also owns its own shipyards and port facilities.
  • The business is privately held and based in Louisiana.

Early Life and Background


Gary Chouest is an American businessman, the influential President of Edison Chouest Offshore (ECO), a massive, privately owned conglomerate specializing in maritime transportation, offshore support vessels (OSV), and subsea services. His career is multi-generational, rooted in the marine transportation business founded by his father, Edison Chouest, in Galliano, Louisiana, in 1960 (initially Edison Chouest Boat Rental).

Chouest's career is defined by his commitment to vertical integration (controlling the design, building, and operation of his fleet) and dominating the U.S. Gulf deepwater operations (servicing oil and gas projects). This expertise in high-tech, specialized vessel operation has cemented his family's status as a titan of the maritime industry.

Career Journey of Gary Chouest & family


Gary Chouest assumed a leadership role in the family enterprise, guiding the expansion of Edison Chouest Offshore (ECO) into a formidable conglomerate. Under his leadership as President, ECO amassed a fleet of over 200 vessels (ranging from 87 to 525 feet in length), specializing in highly specialized vessels like Platform Supply Vessels, Ice Breakers, and Remotely Operated Underwater Vehicles (ROVs) for subsea work.

His diversification includes shipbuilding (owning five shipyards globally) and luxury yacht construction (controlling Westport Yachts, the U.S.'s premier yacht builder since 1964). His sons, Dino Chouest (Executive VP) and Ross Chouest (racing team owner), are actively involved in the business. Gary's wealth is secured by the immense, long-term returns generated by his essential role in supporting the global offshore oil, gas, and research industries.

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Gary Chouest & family's Timeline


1960:

Edison Chouest Boat Rentals is founded by his father (Founding).

1964:

Westport Yachts is established (Diversification).

1980s (approx.):

Gary Chouest assumes the role of President (Executive Ascent).

Ongoing:

The ECO fleet expands to over 200 vessels (Growth Milestone).

Ongoing:

Continues as President, managing the vertically integrated conglomerate (Executive Leadership).

Major Business Ventures and Investments


Gary Chouest's wealth is concentrated in his controlling ownership and executive leadership of the private industrial giant, Edison Chouest Offshore (ECO), and its related entities.

  • Edison Chouest Offshore (ECO) (President & Owner): The core private asset, a dominant provider of offshore support vessels (OSV), subsea services (ROV), and port operations (e.g., Port Fourchon C-Port). The fleet totals over 200 vessels.
  • Westport Yachts: The largest yacht builder in the U.S. (since 1964), specializing in luxury yachts.
  • Shipbuilding: The Group owns and operates five shipyards (including North American Shipbuilding and Tampa Ship).
  • Investment Strategy: His philosophy is built on vertical integration (vessel design, construction, and operation) and technological specialization in deepwater environments.

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Philanthropy and Social Impact


Gary Chouest's social impact is structural, stemming from ECO's role in providing essential support for U.S. Gulf deepwater oil and gas operations and global maritime research (operating the Icebreaker Nathaniel B. Palmer for the National Science Foundation). The company is a massive employer, providing stable, high-value maritime jobs.

His personal philanthropy supports various community and maritime industry organizations. His career is a testament to the profitability of industrial vertical integration and specialized technological expertise in the high-stakes offshore environment.

Fashion, Style, and Lifestyle


Gary Chouest maintains the professional, composed style of a maritime industrial executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic is one of serious authority, reflecting his decades of commanding a vast, technologically advanced fleet.

Residing in Palm Beach, Florida, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is defined by his commitment to maritime engineering, deepwater operations, and the luxury yacht market (owning his own Westport yacht, MY GIRL).

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the President of Edison Chouest Offshore (ECO), which owns over 200 vessels.
  • ECO is the largest provider of offshore support vessels in the U.S. Gulf.
  • His company controls Westport Yachts, the largest yacht builder in the U.S..
  • The company builds specialized vessels like Ice Breakers and ROV subsea vessels.
  • His fortune is tied to the vertical integration of shipbuilding and vessel operation.
  • His son, Ross Chouest, owns the Chouest Povoledo Racing Team.
  • His wealth is estimated to be between $1 billion and $7 billion (2025 estimate).

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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