Paul Andrews: his Net Worth, his House, Private Jet and Abbracci Yacht
Author: Peter Yachtfan\
12 in 6 cabins
13 in 6 cabins
Abbraci Yacht Price:
US$ 50 million
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Paul Andrews Net Worth:
US$ 400 million
January 14, 1943
Chris Andrews, Jennifer Andrews, Emily Andrews
Aledo, Texas, USA
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Andrews purchased the Heesen yacht Abbracci in 2016. Andrews owns a collection of rare cars.
Andrews is the founder of TTI Inc. It is a distributor of passive electromechanical components (connectors, resistors). He was born in January 1943. He is married to Judy Andrews. They have 3 children.
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.
Andrews is the owner of the yacht Abbracci.
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 his net worth at more than US$ 400 million.
He is a car collector, with a collection that grew to more than 150 vehicles. In 2012 his 1928 Mercedes-
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.
Andrews owns a large house in Kailua , Hawai. He lives with his wife in a large residence in Texas.
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.
Abbracci was built at Heesen in 2012. She was known as Serenity, until she was sold to Andrews in 2016
Abbracci can accommodate 12 guests and a crew of 12. She is powered by two MTU engines. Which bring her a top speed of 15 knots.
The previous 45 meter Trinity yacht Abbracci was sold in 2018 and is now named Loon.
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