Italian tycoon’s £20million superyacht burns off coast of Spain

An Italian tycoon’s £20million 150ft superyacht has been gutted in fire in front of stunned tourists on a Spanish island.

  • The 150-foot, £20 million superyacht Aria SF caught fire off the Spanish island of Formentera on Thursday.
  • The vessel is owned by a 61-year-old Italian businessman who owns a car-parts manufacturer founded by his father.
  • Paolo Scudieri, a father of four from Napoli, ordered the vessel in 2019 but only took delivery last month.
  • The boat had five bedrooms, a swimming pool and a gym but has now been completely gutted.

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A £20 million superyacht owned by the boss of a company worth more than £400 million has gone up in flames off the coast of a Spanish island.

The 150-foot vessel Aria SF caught fire Thursday afternoon off Cala Saona on the west coast of the Mediterranean island of Formentera, just over a month after it was delivered to owner Paolo Scudieri.

There were nine passengers and seven crew on board when the fire broke out and they were also rescued by two Spanish Coast Guard vessels. It is not clear whether Scudieri was among those saved.

An Italian businessman's £20million superyacht worth £400million has been gutted in a fire off the coast of a Spanish island.

An Italian businessman’s £20million superyacht worth £400million has been gutted in a fire off the coast of a Spanish island.

The Aria SF, owned by 61-year-old Paolo Scudieri, caught fire off the coast of Formentera in the Mediterranean on Thursday afternoon.

The Aria SF, owned by 61-year-old Paolo Scudieri, caught fire off the coast of Formentera in the Mediterranean on Thursday afternoon.

Black smoke from the fire could be seen as far away as the neighboring island of Ibiza.

Scudieri is chairman of car interior component manufacturer Grupo Adler, founded by his father Achille in 1956, and is said to be worth around £410 million.

Scudieri, a father of four who lives in Naples, is Monaco’s tourism ambassador and founder of a group that owns 19 restaurants in Italy.

He bought the vessel back in 2019, but only took delivery last month.

It was not immediately clear Friday morning whether he was on board, although specialty yachting websites say the vessel is not currently available for charter.

A view of the yacht from the deck of a nearby fire boat shows how it was completely destroyed by the fire.

A view of the yacht from the deck of a nearby fire boat shows how it was completely destroyed by the fire.

Scudieri ordered the vessel in 2019 but took delivery only last month and has now seen the vessel go up in smoke.

Scudieri ordered the vessel in 2019 but took delivery only last month and has now seen the vessel go up in smoke.

Nine passengers and seven crew were on board when the ship caught fire, but all were safely rescued and taken to safety.

Nine passengers and seven crew were on board when the ship caught fire, but all were safely rescued and taken to safety.

The superyacht, which had a swimming pool, five bedrooms and a gym, went down in flames, due to make its official debut at the Cannes Yachting Festival later this year.

It is believed to have been taken to Ibiza by a coastguard vessel. The cause of the fire is under investigation.

A spokesman for the Spanish coastguard service, speaking late on Thursday after the fire was almost under control, confirmed: ‘The seven crew and nine passengers are all safe.

‘They were taken out in a police boat. The fire is now almost out.

‘Two coastguard vessels, the Salvamar Acrux and the Gardamar Concepcion Arenal, were mobilized by our coordination center in Palma, Majorca after the alarm was raised at around 5pm yesterday/Thursday.’

Mr Scalderi is believed to be worth around £400million and owns an Italian car-parts maker

Mr Scalderi is believed to be worth around £400million and owns an Italian car-parts maker

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