The scale of their wealth
Health
The price of life
Let's compare Gary Chouest & family's fortune with the healthcare spending of a massive country
Gary Chouest & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.9 years.
But even if we compare their fortune with that of a rich country
On the other end, Gary Chouest & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.4 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Gary Chouest & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.6 years.
And yes, we can also compare it with a rich country
But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Gary Chouest & family could pay for it entirely for 0.8 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Gary Chouest & family could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.4 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Gary Chouest & family with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.1 years.
Gold
Everyday luxuries
Gary Chouest & family's fortune is equivalent to 14 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.
A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.
Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.
Gary Chouest & family could buy 3,660,094 gold rings. That's a lot of fingers and way too many gifts!!
And if you're struggling to visualize that many rings, it would take 1 trucks to transport them. Although Gary Chouest & family will almost certainly have enough money left over to pay for the gas.
Biography
Gary Chouest is the owner and president of Louisiana-based Edison Chouest Offshore, which owns more than 200 offshore vessels for the oil & gas and wind power industries.
The firm was founded by his father, Edison Chouest (d. 2008), in 1960. Besides the vessels, it also owns shipyards and ports in Brazil, Florida, Louisiana and Mississippi.
He also owns a stake in Louisiana-based shipbuilder Bollinger Shipyard Group, which makes vessels for the U.S. Coast Guard.
His other holdings include yacht manufacturers Westport and American Custom Yachts plus Norwegian offshore supply vessel firm Island Offshore.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison