Who is Herb Chambers?
Chambers is a US-based billionaire. He was born in November 1941. He is the founder of the Herbert Chambers Companies. A group of car dealerships. At the age of 42 he sold his copy business A-
Two years later, after a poor buying experience of a Cadillac car. He started his automotive business by buying a Cadillac dealership. His vision was to provide a better experience.
Herb Chambers Companies
The HerbChambers Companies is a group of 60 car dealerships. Selling more than 55,000 cars per year including used cars.
The Group is the 5th largest car dealership in the USA. With annual sales above US$ 2 billion.
Chambers Car Collection
Chambers is not only selling cars, he is also collecting them. He has a large collection of rare cars. Including a Bugatti Veyron, a Porsche 959, a 1955 Mercedes 300L Gullwing, and a Ferrari Daytona spider.
In 2017 he sold a McLaren F1 for US$ 16 million.
Herb Chambers Net Worth
The net worth of Chambers is estimated by Forbes at US$ 1.4 billion.
How Many Yachts Does he Own?
Mr. Chambers has owned several yachts. They were all named Excellence. His yachts are normally below 60 meters (180 ft) so they can berth in Port Gustavia, St Barths. Or at least: we are told so.
Excellence II was a 47 meter Feadship built-in 1999. She is now known as Princess TOO.
He also purchased Feadship 150′ ‘SEA RACER’ during the Lauderdale Show. She is now named Excellence and received a full refit at Rybovich. This Feadship will be based at his Connecticut house in the Summer. (See a photo hereunder, with the yacht visible behind his house.)
And finally, he owns an OverMarine Mangusta 94, built-in 2018. She is based in Boston and is also named Excellence.
Read an interesting interview about Chambers’ yachts here.
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Herb Chambers House
Chambers lives with his girlfriend Melissa Lees in a large house in Old Lyme, Ct. The house has a helicopter landing platform. For Chambers’ private Bell 429 helicopter (N429HC).
He uses the helicopter to commute to his corporate headquarters. (See also the movie above, which features Chambers’ helicopter).
Chambers is the owner of 2 private jets. A Bombardier Global 5000 built in 2014 (N142HC). And a Gulfstream G450 built in 2013 (N142HQ). Although we think the G450 was sold recently.
A Bombardier Global 5000 has a list price of US$ 30 million. Chambers also owns a Bell 429 helicopter, built in 2010 (N429HC).