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>Inside Starbucks owner Howard Schultz's $144M superyacht
Inside Starbucks owner Howard Schultz's $144M superyacht
A luxury superyacht owned by the man who transformed Starbucks from a Seattle coffee bean store into a global brand has arrived in UK waters. The vessel, named Pi, is worth an estimated £118 million ($144 million) and was spotted entering Falmouth harbor yesterday morning before moving to Pendennis Shipyard later in the afternoon.
The ship was built in 2019 by a Dutch company named Feadship. It is the 21st largest vessel the company has ever made with dimensions of 254ft in length and 37ft wide, positioning it as the 195th largest yacht in the world.
With two engines, it can reach speeds of 18.4 knots. It is owned by Howard Schultz, ranked by Forbes magazine as the 209th richest person in the world, with a net worth of $4.4billion (£3.68billion). Pi can host up to 12 guests and 18 crew members and has its own helicopter pad, glass-bottomed swimming pool and onboard spa facilities.
Schultz is credited as Starbucks’ founder despite the company being founded in 1971 by Jerry Baldwin, Zev Siegl, and Gordon Bowker at Seattle’s Pike Place Market.
Back then, Starbucks was merely a coffee bean store but it became a full-fledged cafe after Schultz bought it in the early 1980s.
Later he transformed it into the international coffee shop brand