Yacht Name: Mimi -
Stanley Hubbard Net Worth: US$ 2.2 billion -
Who is Stanley Hubbard? He is the Chairman and CEO of Hubbard Broadcasting.
Hubbard Broadcasting, Inc. is an American television and radio broadcasting corporation based in Minnesota. The family business was founded by his father Stanley. The company owns 13 TV stations and more than 40 radio stations. Hubbard Radio operates 40 radio stations in Chicago, Washington, D.C and Seattle. And in Phoenix, Minneapolis-
Hubbard Media Group, LLC owns and operates cable/satellite networks. KSTP-
KSTC.TV, Channel 45, is the only fully independent television station in Minneapolis. In 1998 Hubbard sold his satellite TV company for US$ 1.3 billion.
He is the founder of Hubbard Aviation Technologies. Which produces a sound muffler for Gulfstream airplanes. Stanley has owned several Gulfstream airplanes. And he was an early investor in hushkit technology. This is a sound reducing technology.
He outfitted his Gulfstream GII-
His net worth is estimated at US 2.2 billion. Hubbard is an active philanthropist, supporting students and faculty at the University of Minnesota.
After a gift of US$ 10 million in 2000 to the University of Minnesota. The university formed the Hubbard School of Journalism and Mass Communication.
He is the owner of a Cessna 680 private jet. The jet has registration N20H. A Citation 680 has a value of around US$ 5 million. Hubbard has previously owned other jets. All with similar registration (N19H, N21H).
We think he ordered a brand new Gulfstream G500. A G500 has a list price of US$ 50 million.
Stanley and his wife Karen Hubbard live in a relatively modest house on Lake Saint Croix in Minnesota. We believe they also own a property in Florida.
Mimi was launched by Burger in 1977 as ARARA for the Illinois Tool Works as a company yacht. She was refitted in 1997.
The Mimi yacht can accommodate 8 guests and has a crew of 6. She was designed by Jack Hargrave.
The yacht is powered by 2 Caterpillar engines. Her top speed is 15 knots. Her cruise speed is 12 knots. T
We believe Hubbard also owns the Burger Yacht Summer Song. Which was built in 1974.
The boat is not available for yacht charter.
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