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All You Need to Know About Paul Andrews and his Yacht Abbracci

Yacht Name: Abbracci - Yacht Length: 55m (180ft) - Guests: 12 in 6 cabins - Crew: 12 in 6 cabins - IMO 1011317 - Displacement: 858t - Heesen Yachts - 2012 - Yacht Value: US$ 50 million -

Owners Name: Paul Andrews - Andrews Net Worth: US$ 400 million - Owners Company: TTI - Country: USA - Paul Andrews owns a collection of rare cars.

Andrews purchased the Heesen yacht Abbracci in 2016.

Yacht Abbracci - Paul Andrews

Paul Andrews is the owner of the yacht Abbracci.

Who is Paul Andrews?

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.

Paul Andrews Net Worth

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

Andrews Car Collection

Andrews is a car collector, with a collection that grew to more than 150 vehicles. In 2012 their 1928 Mercedes-Benz 680S Saoutchik Torpedo won the title Best of Show at the Pebble Beach Concours d’Elegance.

In 2015 he sold 78 cars of his collection through an auction at RMA Auctions.Top car was a 1962 Ferrari 400 Superamerica SWB Cabriolet which sold for US$ 8 million.

The total result of the auction was more than US$ 53 million. He now owns a collection of 12 cars including a 1960 Ferrari 250 GT SWB Berlinetta.

Paul Andrews House

Paul Andrews owns a large house in Kailua , Hawai. He lives with his wife in a large residence in Texas.

Philanthropy

Paul and his wife Judy are active philanthropists through the Paul E Andrews Jr Foundation. They funded the Paul and Judy Andrews Women's Hospital at Baylor All Saints Medical Center at Fort Worth