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GreekReporter.comGreek News$120 Million Super Yacht "Pi" Spotted Off Mykonos

$120 Million Super Yacht “Pi” Spotted Off Mykonos

Pi Yacht spotted in Mykonos
The luxurious superyacht called “Pi” sailing in the Aegean. Credit: Video screenshot/

The luxury super yacht called “Pi,” valued at $120 million, was spotted off the Greek island of Mykonos over the weekend.

The 77.25 meter (253.45 foot) long yacht apparently belongs to American businessman Howard Schultz, although it is not clear whether or not he himself  is aboard the vessel cruising the Aegean islands.

Schultz served as the chairman and chief executive officer (CEO) of the Starbucks Coffee Company from 1986 to 2000, and then again from 2008 to 2017. Schultz also owned the Seattle SuperSonics basketball team from 2001 to 2006.

The yacht’s builder is Feadship from the Netherlands who delivered the superyacht Pi in 2019. The superyacht has a beam of 11.2 meters (36 feet) , a draft of 3.3 meters and a volume of 1,592 gross tons.

The camera of captured the impressive, futuristic-looking vessel anchored off the main port of the island.

The Pi, previously named “Syzygy 818,” features exterior design by Jarkko Jämsén – Aivan, while her interior was created by Sinot Yacht Architecture & Design, with naval architecture by De Voogt Naval Architects.

Up to 12 guests are accommodated on board the superyacht Pi, and she also has accommodation for 18 crew members including the captain. The yacht has a steel hull and aluminum superstructure. She is powered by 2 MTU engines, which give her a top speed of 18.4 knots. The yacht carries 125,000 liters of fuel on board, and 33,000 liters of water.

On the ranking of the largest yachts in the world, the Pi is listed as 187th. She is the 21st-largest yacht ever built by Feadship.

Mykonos magnet for hundreds of yachts

Mykonos is attracting an array of private yachts this Summer. Looking out over the beach bays of Ornos or Psarou, the phenomenon has created what looks like a parking lot for the luxurious vessels designed for posh — and private — travel on the water.

In late June, Petros Nazos, of Mykonos Live TV captured the scene at Psarou with more than 50 ships anchored in the bay.

The normal markers of a tourism uptick, such as more flights scheduled for arrival, an increase in ferry schedules as well as hotel bookings on the rise, do not count the many private yachts that travel across the Aegean. However, the increase is noteworthy this Summer, as it can be physically seen and counted simply by looking out at the water.

As a self-contained entity of transport, accommodation and even catering, yachting is a unique form of tourism that makes the impact on local economies in Greece difficult to calculate.

Yachting in Mykonos Means Sun and Fun

The island has always had a reputation for fun in the sun and seaside celebrity watching, with beach clubs and restaurants overflowing with champagne, top notch cuisine and a clubbing scene that starts beginning at sunset and ends past sunrise.

Many of the restaurants at local beaches have set out moorings so their daytime customers can tether their vessels as an added convenience for arriving at their venue. Most of the boats have their own tenders to transport their owners back and forth from ship to shore.

The tenders even compete in the “bigger is best” boat competition, as some are simple inflatable five-foot motorized dinghies that seat three; others are fiberglass inboard-motor 20-foot-long craft that can accommodate up to 12 individuals.

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