Stockton Rush Net Worth

stockton rush net worth

Stockton Rush net worth

An American businessman and engineer named Stockton Rush developed the submersible technology and deep-sea exploration company OceanGate. He was also an enthusiastic diver, pilot, and explorer who oversaw multiple missions to the Titanic wreck. aboard 2023, while traveling aboard OceanGate's Titan submersible to the Titanic, he perished in a catastrophic accident. Here is some information on his age, relationship, family, career, and other factors, including his net worth.


What is Stockton Rush's Net Worth?


Various reports suggest that Stockton Rush's net worth was around $12 million at the time of his passing. His success in the marine technology sector and his contributions to the creation of cutting-edge submersibles are reflected in his substantial wealth.

Full Name Richard Stockton Rush III
Birth Date March 31, 1962
Profession Businessman, Engineer, Pilot
Age 61 Years (at the time of death)
Wife Wendy Weil Rush
Kids/Son He is survived by two children.
Net Worth Unknown
Place of Birth San Francisco, California
Gender Male
Height 180 cm (approx.)
Father Richard Stockton Rush Jr.
Mother Ellen Rush (née Davies)
Sibling He has four elder siblings, including two sisters named Deborah and Catherine.

Details of Net Worth


Due to his affluent upbringing, Stockton Rush was able to follow his dreams. Ralph K. Davies, a director of Standard Oil and a well-known philanthropist, was his maternal grandpa. Louise Davies, who is also the name of San Francisco's Louise M. Davies Symphony Hall, was his maternal grandmother. He was a direct descendant of Benjamin Rush and Richard Stockton, two of the signers of the Declaration of Independence, through his father.


Princeton University awarded Stockton Rush a BSE in aeronautical engineering, and the University of California, Berkeley Haas School of Business awarded him an MBA1. He served as a board member for many technological firms, including BlueView Technologies, Entomo, and Remote Control Technology12, as well as a flight-test engineer for McDonnell Douglas and Peregrine Partners.


He and Guillermo Söhnlein co-founded OceanGate in 2009, a business that offers manned submersible services for study, exploration, and adventure. After Söhnlein left OceanGate in 2013, he was the sole founder left2. He led OceanGate as CEO until his passing in 2023.


The Titanic expeditions offered by OceanGate, which send mission professionals to the ocean's depths to see the famous shipwreck, are well-known. The excursions are highly sought-after by researchers, archaeologists, and rich tourists2 and cost $125,000 per person. Other maritime locations visited by OceanGate include the Andrea Doria, Cordell Bank National Marine Sanctuary, and the Hudson Canyon2.


In addition to being a passionate pilot, Stockton Rush created an experimental aircraft that he used for all of his flights1. He also enjoyed scuba diving and occasionally went diving in the Puget Sound1.


FAQ

- How old was Stockton Rush when he died?

  - Stockton Rush was 61 years old when he died on June 18, 2023.

- Was Stockton Rush married?

  - Stockton Rush was married to Wendy Weil, whom he met at U.C. Berkeley. They had two children together.

- How did Stockton Rush die?

  - Stockton Rush died along with four others in the Titan submersible implosion during an attempt to visit the wreck of the Titanic in OceanGate's Titan submersible¹. The cause of the implosion is still under investigation.

- What was Stockton Rush's dream?

  - Stockton Rush's dream was to become an astronaut and the first person on Mars. He also wanted to inspire more people to explore and appreciate the oceans.



Facts


  • - Stockton Rush was named after his great-great-great-grandfather Richard Stockton, a signer of the Declaration of Independence, and his father Richard Stockton Rush III.
  • Stockton Rush got his commercial pilot's license at the age of 18 and, at the age of 19, a captain's rating from the United Airlines Jet Training Institute2.
  • Stockton Rush asserted that no one living had seen more of the Titanic than he had.
  •  In 2017, Stockton Rush planned to lead his first voyage to the Titanic wreck with some of the movie's stars present.


Early Life 


On March 31, 1962, Stockton Rush was born in San Francisco, California. He was the youngest of Ellen Rush (née Davies) and Richard Stockton Rush Jr.'s five children. He was raised in a wealthy family with a long history of success and philanthropy. He graduated in 1980 from Phillips Exeter Academy. The next year, he attended Princeton University with a focus on aerospace engineering. After earning his degree in 1984, he spent a short time as a flight test engineer for McDonnell Douglas. After that, he attended the U.C. Berkeley Haas School of Business to get his MBA, graduating in 1989. At Berkeley, he first met Wendy Weil, with whom he later got married in 1986. Richard Stockton Rush IV and Ellen Louise Rush were their two offspring.

Education


Stockton Rush graduated in 1980 from the prestigious boarding school Phillips Exeter Academy in New Hampshire. The next year, he attended Princeton University with a focus on aerospace engineering. After earning his degree in 1984, he spent a short time as a flight test engineer for McDonnell Douglas. After that, he attended the U.C. Berkeley Haas School of Business to get his MBA, graduating in 1989. At Berkeley, he first met Wendy Weil, with whom he later got married in 1986.


 girlfriend/wife


Wendy Weil Rush, the director of communications at OceanGate and a certified pilot, was married to Stockton Rush. They had a son and a daughter together; their names are unknown to the general public. They resided in Seattle, Washington, the location of OceanGate.


Family


On March 31, 1962, Stockton Rush was born in San Francisco, California, into a wealthy and illustrious family. He was the youngest of Ellen Rush (née Davies) and Richard Stockton Rush Jr.'s five children. His father was an actor and businessman in addition to serving as chairman of the Natomas Company and Peregrine Oil and Gas Company. A brief illness caused his death in 1999. His mother was descended from Louise Davies, a philanthropist and the namesake of the Louise M. Davies Symphony Hall in San Francisco, and Ralph K. Davies, a Standard Oil director and political appointee. He was also a direct descendant of Benjamin Rush and Richard Stockton, two of the signers of the Declaration of Independence, through his father. He had two sisters named Deborah and Catherine as well as four older siblings in total.


Cars


Stockton Rush had a passion for flying, and he built an experimental aircraft that he used for the rest of his life. He also obtained his jet transport rating at the age of 19 and flew for Saudi Arabian Airlines while attending Princeton during the summer. He was also involved in a series of arrests over drugs and drunk driving while at Princeton. In one incident, he drove his car into the Dinky, the train that connects the Princeton University campus with Princeton Junction Station.


Assets


Stockton Rush's net worth was estimated to be around $12 million at the time of his death. His success in the marine technology sector and his contributions to the creation of cutting-edge submersibles are reflected in his substantial wealth. He founded OceanGate in 2009 with Guillermo Söhnlein, a company that provides manned submersible services for research, exploration, and adventure. He was the only founder at OceanGate following Söhnlein's departure in 2013. He led OceanGate as CEO until his passing in 2023. The Titanic expeditions offered by OceanGate, which send mission professionals to the ocean's depths to see the famous shipwreck, are well-known. The expeditions cost $125,000 per person and are highly sought-after by researchers, archaeologists, and wealthy tourists. OceanGate also conducts expeditions to other maritime sites such as the Andrea Doria, the Cordell Bank National Marine Sanctuary, and the Hudson Canyon. OceanGate has been valued at $66 million, so as the founder He was a prominent shareholder and held a sizable portion of the business. Along with his experimental plane, his Seattle home, and his personal things, he also had other valuables.

Success


An accomplished businessman and engineer named Stockton Rush developed the submersible technology and deep-sea exploration company OceanGate. He was also an enthusiastic diver, pilot, and explorer who oversaw multiple missions to the Titanic wreck. He was revered as a trailblazer and innovator in his industry, and he encouraged many people to discover and value the oceans. He asserted that he was the only person living to have seen more of the Titanic. Additionally, he intended to invite certain Titanic actors along with him on his first excursion to the wreck in 2017.


Summary

Stockton Rush was a great individual who worked toward his goals of becoming an astronaut and diving to the ocean's bottom. Although he was raised in an affluent and well-known family, he worked hard to build his own reputation. He established OceanGate in 2009 and created ground-breaking submersibles that could transport people to previously unexplored locations. aboard 2023, while traveling aboard OceanGate's Titan submersible to the Titanic, he perished in a catastrophic accident. He left behind his wife, two kids, and a business that carried on his dream of marine exploration.

Next Post Previous Post
No Comment
Add Comment
comment url