How Much Is Stockton Rush’s Total Net Worth In 2024?

Stockton Rush is a well-known name in the world of deep-sea exploration. He is the CEO and founder of OceanGate, a company he started in 2009.

OceanGate, located in Everett, Washington, is a pioneering company that creates and operates submersibles specialized underwater vehicles used for exploration, research, and various industries.

Who is Stockton Rush?

Stockton Rush is an adventurous and innovative person known for his work in deep-sea exploration. His journey started in the world of aviation, where he showed his skills and passion for adventure.

In 1981, at just 19 years old, Stockton became the youngest person in the world to get a jet transport pilot’s license.

He then worked as a flight test engineer at McDonnell Douglas Corporation in 1984, contributing to the F-15 aircraft program.

Stockton also pursued higher education, earning a degree in Aerospace Engineering from Princeton University in 1984 and an MBA from U.C. Berkeley Haas School of Business in 1989.

But Stockton’s love for exploration didn’t stop with aviation. He wanted to explore the deep sea, which led him to create OceanGate, a company focused on underwater exploration.

Pioneering Submersibles for a New Era

Stockton Rush’s vision for OceanGate was ambitious. He wanted to make underwater travel easier and more efficient.

Under his leadership, OceanGate developed advanced submersibles specialized underwater vehicles.

In an interview in 2021, Stockton talked about his vision for the future of submersibles. He designed vessels that could go deep underwater multiple times without needing a lot of maintenance.

These submersibles, made from strong materials like carbon fiber and titanium, are safe and reliable. They have sensors to detect problems and can evacuate safely if needed.

One of the most impressive submersibles Stockton created is called the Titan. It’s small but strong, measuring 22 feet by 8.3 feet, and passengers sit on the floor during their dives.

The Titan has a large window at the front for an amazing view of the underwater world, and its walls are heated to keep passengers warm in the extreme cold at depths of over 13,000 feet.

Stockton Rush’s work with OceanGate shows his dedication to exploring and understanding the mysteries of the deep sea.

What Happened to Stockton Rush?

On June 18, 2023, Stockton Rush and four others boarded the Titan submersible operated by OceanGate Expeditions to explore the wreckage of the Titanic in the North Atlantic Ocean, off the coast of Newfoundland, Canada.

About one hour and 45 minutes into their dive, all contact with the Titan was lost. This caused great concern because the submersible did not resurface at the expected time.

The Titan had a four-day supply of breathable air, which was set to run out on the morning of June 22, 2023.

This created an urgent situation, leading to a large search and rescue operation. Authorities worked hard to find the missing submersible and bring Stockton Rush and the others back safely.

Stockton Rush’s Net Worth

Stockton Rush has a net worth of $12 million. He comes from a wealthy family, which gave him the chance to explore many different jobs and experiences.

His family’s wealth began with his grandfather, who started with very little as a poor Irish immigrant but went on to become the youngest director of Standard Oil in America at the age of 33.


Stockton Rush’s journey is a remarkable tale of adventure and innovation.

From his early achievements in aviation to his pioneering work in deep-sea exploration with OceanGate, he has always pushed the boundaries of what is possible.

Despite the challenges he faced, including the concerning disappearance of the Titan submersible, his dedication to exploration remains inspiring.

His net worth of $12 million reflects his successful career and the support of his affluent family, underscoring his ability to pursue and achieve his ambitious goals.

Frequently Asked Questions (FAQs)

1. Who is Stockton Rush?

Stockton Rush is the CEO and founder of OceanGate, a company specializing in deep-sea exploration. He is known for his work in developing advanced submersibles.

2. What happened to Stockton Rush on June 18, 2023?

On June 18, 2023, Stockton Rush was on board the Titan submersible, which lost contact during a dive to explore the Titanic wreckage.

A massive search and rescue operation was launched to find the missing submersible and its occupants.

3. What is Stockton Rush’s net worth?

Stockton Rush has a net worth of $12 million.

4. What is OceanGate?

OceanGate is a company founded by Stockton Rush that specializes in providing crewed submersibles for research, exploration, and various industries.

5. What are some of Stockton Rush’s early achievements?

At the age of 19, Stockton Rush became the world’s youngest jet transport-rated pilot.

He also worked as a flight test engineer at McDonnell Douglas Corporation and earned degrees from Princeton University and U.C. Berkeley Haas School of Business.

6. What is the Titan submersible?

The Titan submersible is one of OceanGate’s advanced underwater vehicles designed for deep-sea exploration.

It features strong materials like carbon fiber and titanium and is equipped with safety sensors and a large porthole for viewing.

7. What inspired Stockton Rush to start OceanGate?

Stockton Rush’s love for exploration and adventure, combined with his background in aviation and engineering, inspired him to start OceanGate and revolutionize underwater travel.

8. How did Stockton Rush’s family background influence his career?

Stockton Rush comes from a wealthy family, which provided him with opportunities to explore various careers and experiences.

His grandfather’s success as the youngest director of Standard Oil in America also influenced his drive for success.

Felix Colter
Felix Colter
I'm Felix Colter, an author with a focus on news and lifestyle. My expertise is drawn from deep study and experience, allowing me to deliver insightful content that keeps readers informed and engaged. My work blends current trends with practical advice, aiming to inspire and enrich the lives of my audience.

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