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Lee Anderson: Net Worth, House, Private Jet and Katharine Yacht

Author: Peter Yachtfan\

Katharine Yacht

Anderson Boat:


Yacht Length:

61 m (202 ft)


12 in 6 cabins


16 in 8 cabins


CRN Yachts


Studio Scanu srl




17 knots




1.049 ton



Yacht Katharine Price:

US$ 40 million

Katharine Yacht For Sale:

Contact a Sales Broker

Katharine Yacht For Charter:

Contact a Charter Broker

Lee Anderson

Full Name:

Lee Reuben Anderson



Lee Anderson Net Worth:

US$ 1 billion


API Group


June 22, 1939


Penny Anderson


Katharine Anderson, Andy Anderson


Lake Nisswa, Minnesota

Private Jet:

Bombardier Global 5000 (N702LK)

Our Super Yacht Owners Database: more than 1,050 Yachts and Yacht Owners.

The yacht Katharine was built as Numptia for Mario Sbarro.

Who is Lee AndersonLee Anderson?

He is owner of the API Group. He was born in June 1939. He is married to Penny Anderson. They have 2 children: Katharine and Andy. He owns the yacht Katharine.

What is the API Group?

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.

What Did he Sell his Banking Group For?

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.

What Does He do in Real Estate?

Anderson is also a real estate developer through A&L Properties. Which he founded with his business partner Rob Link.

How Much is Lee Anderson Worth?

His net worth is estimated at US$ 1 billion. Although we wouldn’t be surprised if the amount is much higher. Anderson is an art collector, owning painting by Monet and Renoir.

What Does He Donate to Philanthropy?

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.

M/Y Katharine

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.

Is She Available for Yacht Charter?

The boat is not available for yacht charter. The yacht is not listed for sale.

Where Does Lee Anderson Live?

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.

Does He Own a Private Jet?

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.

Lee Anderson WIKI

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yacht katharine

Follow the position of the luxury yacht live.

Lee Anderson yachtKatharine yachtcharter Katharineyacht Katharine interior

Lee Anderson House

Lee Anderson houseLee and Penny Anderson - NaplesLee Anderson house on Lake Nisswa

Anderson Private Jet

N702LK Lee Anderson private jetKatharine

The yacht Katharine was built at Numptia for Mario Sbarro.

Lee Reuben Anderson is the owner of the API Group, founded by his father.

The previous Katharine, now sold.

Inside The Yacht.

The interior of the yacht is designed by Francois Zuretti.

inside Lee Anderson yacht

Lee Anderson’s yacht has an amazing interior.

yacht Katharina interior

Penny and Lee Reuben live in this large house in Florida.

Anderson also owns this house in Minnesota.

The Bombardier Global 5000 with registration N702LK.

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