Superyacht Pi, anchors in Portals. | Majorca Daily Bulletin reporter

PI, a luxury yacht owned by a Starbucks coffee billionaire anchored off Portals this morning

The 77-metre long vessel, which is worth an estimated £118million, caused quite a sensation.

It belongs to the owner of Starbucks Howard Schultz, an American businessman who bought the coffee chain in the 1980s.

He is ranked by Forbes as the 209th richest person in the world, with a net worth of $4.3billion.