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Steve Grossman is the owner of the luxury yacht Arcadia. He sold his Southern Container Company to RockTenn
Southern Container Corporation
Southern Container Corporation was a family-run business founded by Louis Grossman, who with brother Charles started the company as a sheet plant in 1946. Sons Steven and Robert joined the company in 1962. In 1987, Steven Grossman was appointed Chief Executive Officer, a position he held until the sale of the company in 2008.
Sold to Rock Tenn
Southern Container Corp. was one of the largest independent U.S. manufacturers of corrugated boxes, graphics packaging, and containerboard. On March 5, 2008, RockTenn acquired the stock of Southern Container for $1.06 billion.
Steven Grossman was not the only shareholder at SCC, so we estimate the net worth of Steven Grossman at US$ 600 million. In 2015 he donated US$ 20 million to the University of Vermont to create The Grossman School of Business.
Grossman’s yacht Arcadia is the only large motor yacht built by Royal Huisman. She is 35.8 meters long and can accommodate Before owning Arcadia, Grossman owned a smaller (86ft) motor yacht, built by Jongert. Steven’s brother Robert (Bob) Grossman is the owner of the yacht Caryali.