The Chouest family, hailing from Louisiana, began their maritime journey in the late 1950s when founder August Chouest started a small boat repair business. Born into a family of fishermen, August’s intimate knowledge of the sea and its vessels laid the foundation for what would become a global marine transportation empire.

The family’s big break came in the 1960s when they started providing support services to the offshore oil industry. With a fleet of just a few vessels, they began transporting workers and supplies to offshore platforms. Their commitment to safety, reliability, and customer service quickly earned them a reputation that would propel them to fame in the industry.

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Chouest Family’s Current Net Worth

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The Chouest family, as of 2025, has an estimated net worth of $2.5 billion, according to Forbes. This figure reflects their significant stake in the family-owned company, Edison Chouest Offshore, which specializes in offshore vessel services.

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Chouest Family’s Career

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The Chouest family’s career is deeply rooted in the maritime industry. Founded by the late Edison Chouest Sr., the family business began with a single boat in 1952. Today, under the leadership of his sons, Gary and Edison Jr., the company has grown into a global leader in offshore support vessels, serving the oil and gas industry.

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Other Ventures

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Beyond their maritime operations, the Chouest family has diversified their interests. They have investments in real estate, including the Chouest Family Estate, a sprawling property in Louisiana. Additionally, they have ventured into renewable energy, with Edison Chouest Offshore branching into wind farm support services.

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Assets

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The Chouest family’s assets include their majority stake in Edison Chouest Offshore, valued at over $2 billion. They also own a fleet of over 200 vessels, ranging from tugboats to platform supply vessels. Their real estate holdings include the Chouest Family Estate and various commercial properties.

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Annual Income

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The Chouest family’s annual income is primarily derived from Edison Chouest Offshore’s operations. In 2024, the company reported revenues of over $1.5 billion. Assuming the family owns a majority stake, their annual income from this source alone would be significant, although the exact figure is not publicly disclosed.

Frequently Asked Questions about  Chouest Family

Frequently Asked Questions: Chouest Family Net Worth

1. What is the Chouest Family’s net worth?

The Chouest Family’s net worth is estimated to be around $3 billion.

2. Who are the members of the Chouest Family?

The Chouest Family is led by its patriarch, Gary Chouest, and includes his wife, Ann, and their children, including Gary Jr., Ryan, and Christina.

3. How did the Chouest Family make their fortune?

The Chouest Family’s fortune is primarily derived from the shipping and logistics industry. They own and operate a large fleet of vessels through their company, Chouest Offshore.

4. What is Chouest Offshore?

Chouest Offshore is a marine transportation company that specializes in offshore oil and gas support services. It was founded by Gary Chouest in 1982.

5. Where are the Chouest Family’s headquarters located?

The Chouest Family’s headquarters are located in Cut Off, Louisiana.

6. Do the Chouest Family members have any philanthropic endeavors?

Yes, the Chouest Family is known for its philanthropic efforts. They have established the Chouest Family Foundation, which supports various charitable causes, including education, healthcare, and community development.

7. What is the Chouest Family Foundation’s mission?

The Chouest Family Foundation’s mission is to improve the quality of life in the communities it serves by supporting initiatives that promote education, healthcare, and community development.

8. Are the Chouest Family members involved in politics?

While the Chouest Family is known for its political contributions, its members are not actively involved in politics. They have supported various political candidates and causes, but they do not hold any political offices.

9. How does the Chouest Family spend its time and resources?

The Chouest Family spends its time and resources on growing its business, managing its philanthropic endeavors, and enjoying its personal interests, which include boating, fishing, and supporting local community events.

10. What is the Chouest Family’s approach to wealth management?

The Chouest Family’s approach to wealth management is focused on long-term growth and preservation. They have diversified their investments across various industries and asset classes, including real estate, private equity, and public equities.