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Paul Andrews -
TTI (electronical components) -
Paul Andrews is the owner of the yacht Abbracci. Paul Andrews is the founder of TTI Inc, a distributor of passive electromechanical components (connectors, resistors). What began as a small company in 1971 became one of the US largest companies in electronic distribution sales, with more than 2,500 employees and USD 1.4 billion in revenues. Warren Buffett’s Berkshire Hathaway acquired TTI in 2007 for an undisclosed sum. Based on Berkshire Hathaway’s 2007 annual accounts, the acquisition price should be a few hundred million dollars. Superyachtfan estimates the net worth of Paul Andrews at USD 400 million.
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