All You Need to Know about Herb Chambers, his Net Worth, his House, Private Jet and his Yacht Excellence V yacht
Excellence V (Arience)
60 m (196 ft)
12 in 6 cabins
17 in 8 cabins
Reymond Langton Design
US$ 80 million
Owner of the Yacht
US$ 1.4 billion
the Herbert Chambers Companies
November 15, 1940
Old Lyme, Connecticut, US
Bombardier Global 5000 (N142HC)
He has owned several large yachts, all named Excellence. His current yacht was sold and is now named Arience. He has ordered a larger yacht.
Update: it is the 80 meter Abeking & Rasmussen, known as Project 6505, designed by Andrew Winch.
Chambers is a US based billionaire. He is founder of the Herbert Chambers Companies. A group of car dealerships. At the age of 42 he sold his copy business for US$ 80 million.
Two years later, after a poor buying experience of a Cadillac car. He started his automotive business by buying a Cadillac dealership. His vision was to provide a better experience.
Herbert G Chambers is the owner of the Abeking & Rasmussen yacht Excellence V.
The HerbChambers Companies is a group of 60 car dealerships. Selling more tha n 55,000 cars per year including used cars.
The Group is the 5th largest car dealership in the USA. With annual sales above US$ 2 billion.
Chambers is not only selling cars, he is also collection them. He has a large collection of rare cars. Including a Bugatti Veyron, a Porsche 959, a 1955 Mercedes 300L Gullwing and a Ferrari Daytona spider.
In 2017 he sold a McLaren F1 for US$ 16 million.
The net worth of Chambers is estimated by Forbes at US$ 1.4 billion.
Chambers lives with his girlfriend Melissa Lees in a large house in Old Lyme, Ct. The house has a helicopter landing platform. For Chambers’ private Bell 429 helicopter (N429HC).
He uses the helicopter to commute to his corporate headquarters.
Chambers is the owner of 2 private jets. A Bombardier Global 5000 built in 2014 (N142HC). And a Gulfstream G450 built in 2013 (N142HQ). Although we think the G450 was sold recently.
A Bombardier Global 5000 has a list price of US$ 30 million. Chambers also owns a Bell 429 helicopter, built in 2010 (N429HC).
Mr Chambers has owned several yachts. They were all named Excellence. His yachts are normally below 60 meters (180 ft) so they can berth in Port Gustavia, St Barths. Or at least: we are told so.
The latest Excellence is number V. But she was sold as her owner is building Excellence VI. The yacht is now named Arience.
Excellence IV never sailed under this name. As she was sold before delivery. It is the yacht now known as Eminence, owned by Alexander Khloponin.
Excellence III was a 57 meter yacht built at Abeking and Rasmussen in 2001. She is now named DREAM.
Excellence II was a 47 meter Feadship built in 1999. She is now known as Princess TOO.
We are not sure which yacht is/was the first Excellence. We think its the Feadship MISS ILOILO built in 1986.
He also purchased Feadship 150' 'SEA RACER' during the Lauderdale Show . She is now named Excellence and having a full refit at Rybovich. This Feadship will be based at his Connecticut house in the Summer.
Read an interesting interview about Chambers’ yachts here.
She is a 60 meter Abeking and Rasmussen. She is built in 2012. The y acht is designed by Reymond Langton design.
Excellence V can accommodate 12 guests and a crew of 17. She is powered by 2 MTU diesel engines. Which bring her a top speed of 15.5 knots.
The yacht has a relative large volume for her length. The yacht was listed for sale at Merlewood. Her asking price was US$ 80 million. She was sold and named Arience.
The new yacht is currently under construction at Abeking and Rasmussen. It is the 80 meter project 6505, designed by Andrew Winch Design.
She will have a tonnage of 2,060 tons. She will be delivered in 2019.
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Please mention and link to this page, when using this information. Thanks! Most exterior photos by Raphael Belly Photography.
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