The above answer is no joke: it's correct. You must take steps to decrease body-fat in general. The thing is, you'll most-likely lose it in reverse order of how you gained it (some people tend to gain in the butt & hips first, then the gut, then the chest, while others may gain in the chest first, then other areas later, & then lose it in reverse-order of gain) -- so it may take awhile for you to see the striations in your chest.
A lot (miles & miles) of daily walking will help burn calories & fat quite quickly (but unless you adjust your eating habits to be good habits, then you'll gain it all back quickly -- & often more than before

). Start out slow & short-distance & work up from there in both pace & distance (I'd recommend increasing distance up to a mile or two before increasing pace, although you may find your pace increasing along the way without any focused effort on it, & that's a good thing). Weight-training is also great for burning calories & fat. Steve Reeves, one of the most famous, best-looking natural bodybuilders of all-time mostly weight-trained & walked.
So learn about good nutrition & apply it while you exercise well & you'll eventually get great results.
Take Care,
Marooned Mike
P.S.: If & when focusing on chest training, be certain to emphasize back rowing-type exercises & rear-delt reverse-flye exercises even more-so (keep the back tighter/stronger than your chest else bad things will eventually happen to you: specifically, your arms will easily pop out of socket if your chest muscles overpower your rhomboid & rear-delt muscles).