Author: Peter Yachtfan, update: 2020-
61 m (202 ft)
12 in 6 cabins
16 in 8 cabins
Studio Scanu srl
Yacht Katharine Price:
US$ 40 million
Katharine Boat For Sale:
Contact a Sales Broker
Katharine Yacht For Charter:
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Lee Reuben Anderson
Lee Anderson Net Worth:
US$ 1 billion
June 22, 1939
Katharine Anderson, Andy Anderson
Lake Nisswa, Minnesota
Bombardier Global 5000 (N702LK)
The yacht Katharine was built as Numptia for Mario Sbarro.
He was owner of the API Group, which he sold in 2019 for $ 3 billion. He was born in June 1939. He is married to Penny Anderson. They have 2 children: Katharine and Andy. He owns the yacht Katharine.
The API Group is a holding company. The company is active in construction, Energy and safety. The group was founded in 1926 by Anderson’s father.
The company started as a a small insulation contracting and distribution company. It was named Asbestos Products Inc. (API. It turned into one of the largest specialty contractors in North America.
API is now a holding company to more than 40 independently managed life safety, energy, specialty construction and infrastructure companies. It has more than 200 locations worldwide. Investments include the American Fire Protection Group , United Piping and the API Construction Company.
Api Group is the second largest supplier of Life Safety Services in the United States. And it is the largest in Canada.
In 2019 API was sold for US$ 2.9 billion.
In the 80’s and 90’s Anderson started buying local banks. In 20 years time he bought 18 banks in central and northern Minnesota.
He 1997 he sold his banks for US$ 700 million and was paid in Wells Fargo shares. In the next year these shares doubled in value. Anderson became a billionaire.
Anderson is also a real estate developer through A&L Properties. Which he founded with his business partner Rob Link.
His net worth is estimated at US$ 3 billion. Although we wouldn’t be surprised if the amount is much higher. Anderson is an art collector, owning painting by Monet and Renoir.
Lee and his wife Penny are active philanthropists. In 2007 Anderson donated US$ 60 million to the University of St. Thomas.
The gift was used to build a new student center named the Anderson Student Center. In 2011, the Andersons donated US$2.5 million for the building of the new Defenders Lodge. It is a facility for veterans seeking care at the Department of Veterans Affairs.
Katharine is a 62 meter motor yacht built at CRN. She was built as Numptia for Mario Sbarro, owner of the Sbarro pizza chain.
The yacht is designed by Studio Scanu. She can accommodate 12 guests in 6 cabins. She has a crew of 16.
She is powered by 2 Caterpillar engines. Which bring her a maximum speed of 17 knots. Her cruise speed is 14 knots. She has a range of 5,000nm.
Katharine is named after Lee and Penny’s daughter Katharina. Lee and Penny used to own a 52 meter Trinity yacht.
It was also named Katharina and is now known as Keri Lee. The family still owns a 42 meter yacht named Penny Mae. It was named after Penny Anderson.
The boat is not available for yacht charter. The yacht is not listed for sale.
Lee and Penny Anderson own many houses. We believe their main residence is a large house in Naples, Florida. The house is based on the Gulf Of Mexico.
They also own a house on Lake Nisswa in Minnesota and a winery in Croatia.
Anderson owns a Bombardier Global 5000 private jet. The jet has registration N702LK. The jet was delivered in 2012. A Bombardier Global 5000 has a list price of U$ 50 million.
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