Introducing Dennis Washington: Business Magnate and Yacht Enthusiast

Name:Dennis Washington
Net Worth:$6.5 billion
Source of Wealth:Washington Corporation
Born:July 27, 1934
Wife:Phyllis Washington
Children:Kyle Washington, Kevin Washingto
Residence:Palm Desert, California, USA
Private Jet:Boeing 737 (N162WC)
Yacht:Attessa IV
Yacht 2:Attessa V

About Dennis Washington

Born in 1934, Dennis Washington is the founder of the Washington Companies, a vast conglomerate of businesses. Married to Phyllis, Washington is also the proud owner of four luxury yachts, including the Blohm and Voss AV, the Feadship Attessa, Evergreen yacht Attessa IV, and the ocean-going tug-turned-yacht, St. Eval.

Key Businesses of the Washington Group

A notable subsidiary of the Washington Group is the Seaspan Marine Corporation, Canada’s premier marine services provider. Operating in various sectors such as shipyards, barge transportation, tug services, and ferry business, Seaspan is the country’s largest marine corporation. Another significant holding is Montana Rail Link Inc., the largest privately-owned railroad in the United States.

Early Career and Success

Dennis Washington began his career working for his uncle’s construction company. At the age of 30, he bought a bulldozer and founded his own construction business, which became Montana’s largest contractor within five years.

Montana Resources: Copper Mining Venture

During the 1980s, Washington acquired a copper mine in Montana, establishing Montana Resources, a company now valued at over US$1 billion.

Yachts and Hollywood Connections

Washington has owned several yachts, all named Attessa. In 1987, his 144-foot yacht Attessa (now called Huntress) appeared in the movie ‘Overboard’ starring Goldie Hawn and Kurt Russell. Later, in 1993, his Attessa was featured in the Demi Moore film ‘Indecent Proposal.’

Dennis Washington’s Net Worth

Washington’s estimated net worth is around $6 billion. His assets include 4 superyachts, a Boeing 737 BBJ business jet, and a large real estate portfolio.

Philanthropic Endeavors

An active philanthropist, Washington co-founded the Dennis and Phyllis Washington Foundation, which has donated over $130 million to various causes.

Phyllis Washington: Entrepreneur and Antique Aficionado

Dennis’ wife Phyllis Washington is the owner of Maison Felice, an exclusive antiques store in Palm Desert, California. With over 25,000 square feet of exquisite items and furnishings, the store is a popular destination for top West Coast designers.

The Washington Family: Children Kyle and Kevin

Kyle Washington

Kyle Washington serves as Executive Chairman at Seaspan and sits on the board of Washington Corporation. After graduating in Montana, he moved to Canada and now resides in Vancouver with his wife Janelle and their three children.

Kevin Washington

Kevin Washington is an integral part of the family business management and a founding partner of Aviation Partners and Aviation Partners Boeing in Seattle, Washington. The company develops blended winglet technology for Boeing and various private aircraft manufacturers.
In conclusion, Dennis Washington has built an impressive empire through his business acumen and strategic investments. Alongside his wife, Phyllis, the Washington family continues to contribute to various industries, including marine services, railroads, and aviation, as well as giving back to the community through their philanthropic foundation.

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Yacht Attessa Owner

Dennis Washington

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Dennis Washington House

Yacht Attessa IV

He is the owner of the motor yacht Attessa IV, which was built as Evergreen for the founder of the Evergreen Shipping Company.

The motor yacht Attessa IV was originally built as Evergreen for Chang Yu-fa. He is the chairman of the Evergreen Shipping Line. She was delivered in 1999 to a design by Diana Yacht Design. In 2007 Chang Ya-fa sold his luxury yacht to billionaire Dennis Washington.

The luxury yacht has a steel hull with an aluminum superstructure. She is powered by 2 Wärtsilä diesel engines. Which bring her a top speed of 22.6 knots. Her cruising speed is 21 knots. She has a range of more than 6,000nm.

In 2022 he also bought yacht Palladium and named her AV.

The yacht AV (ATTESSA V) (ex: PALLADIUM) is built at Blohm and Voss and has a length of 95 meters. She is designed by UK-based Michael Leach Design. Her top speed is 19 knots.

The AV yacht has an amazing interior by Michel Leach. The yacht can accommodate 24 guests in 12 cabins. She has a crew of 33.