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 Yacht Abbracci - Paul Andrews

Paul Andrews - Yacht

Yacht Name: Abbracci

Yacht Length: 47.2m (154.9ft)

Guests: 14 in 7 cabins

Crew: 10 in 5 cabins

Yacht Value: US$ 40 million

Owners Name: Paul Andrews

Andrews Net Worth: US$ 400 million

Owners Company: TTI

Owners Country: USA


Luxury yacht Samar is available for charter for US$ 425,000 per week

Paul Andrews is the owner of the yacht Abbracci.


TTI Inc

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.


Acquired by Berkshire Hathaway

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.


Net Worth

 Superyachtfan estimates the net worth of Paul Andrews at USD 400 million.


Resources

www.ttii.com

https://en.wikipedia.org/wiki/TTI,_Inc.

http://www.berkshirehathaway.com/news/dec2206.html

Yacht Abbracci

Yacht Abbracci

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