Howard Schultz serves as the CEO of the massive Starbucks coffee shop network. With only one coffee shop when it first opened in Seattle, Starbucks currently has more than 30,000 locations distributed over 77 countries. Due to this massive company, Howard Schultz now has a net worth of approximately $4billion. He paid a staggering $145M in 2019 for the opulent boat Pi.
Yachts can be categorized as extravagant, cutting-edge, or magnificent. However, Starbucks CEO Howard Schultz’s $145 million super yacht Pi has also been labeled “auspicious.” Pi is the height of magnificence and beauty.
The Pi Yacht was finished in 2019 by the Dutch shipyard Feadship. With a length of about 77.8 meters, Pi was the 22nd-longest boat built by Feadship, according to Superyacht Times. She has a steel hull and an aluminum superstructure, making her a magnificent work of art. With the use of cutting-edge glass technology and a computer-aided 3D design, the Pi has a unique appearance.
With amazing build quality, excellent design, and creativity, the PI is almost faultless. The yacht’s elegant Zen-inspired interiors were made by Sinot Exclusive Yacht Design, and De Voogt Naval Architects handled the Yacht Bible-compliant naval design. One of Pi’s outstanding features is the placement of floor-to-ceiling windows without mullions, which fulfills the owner’s concept for the main saloon and truly matches the outside.
Her classic styling, luxurious furnishings, and plush seating add to her lavish and welcoming atmosphere. Pi earned awards at the 2019 World Superyacht Honours for Motor Yacht of the Year and Best Displacement Motor Yacht Between 1,500GT and 1,999GT, according to Luxury Launches. The Feadship’s flawless construction was the icing on the cake that gave Howard Schultz a winner to sail.
With an 18-person crew, up to 12 guests can stay on the boat in its 16 opulent guest cabins. She features a luxurious spa and a pool with a glass bottom, among other things. Just two of the standout features of the cosy and chic Pi are a beautiful spiral staircase connecting three levels and a large living area with an eight-person sofa. She boasts of having a garage and a helipad as well.
The vessel’s exterior lines stand out for their creative use of structural glass with a twofold curvature. The four decks of the vessel, which Jarko Jammsen created as his first superyacht project, are great for entertaining and relaxing guests. The roomy main deck at the back can be set up for lots of sunbathing or for casual outdoor dining. Additionally, side walkways link the ship’s large top deck to the flush foredeck. The best deck on board for viewing the sights is the upper sundeck.
The news that the CEO of Starbucks owns a luxury yacht has sparked controversy and raised questions about the company’s priorities. While some argue that it’s simply a perk of the job, others believe that the purchase is a blatant display of excess and a misuse of company funds.
Despite the criticism, the CEO has defended his decision to purchase the yacht, stating that it was bought with his own personal funds and is not related to the company’s finances in any way. He also pointed out that he is entitled to enjoy his wealth and personal interests outside of work.
However, the public backlash has been significant, and many customers are now boycotting the coffee chain. The board of directors has also expressed concern over the negative publicity and is reportedly considering a review of the CEO’s compensation package.
In the end, the controversy surrounding the CEO’s luxury yacht serves as a reminder that corporate leaders must be mindful of the impact their personal choices can have on their company’s reputation and brand image. It remains to be seen how this situation will ultimately affect the future of Starbucks and its leadership.