Steve Jobs’s Yacht Impounded As Designer Awaits $3.96 Million Fee

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The yacht Steve Jobs was building before he passed away on October 2011 has been impounded over a €3 million (approx. $3.96 million) fee owed to designed Philippe Starck. Called Venus, the yacht cost Jobs more than €100 million to build, but he never got to use it. Now it will remain in Amsterdam port pending payment by lawyers representing Jobs’s estate.

Steve Jobs’s Widow Buys $4 Million Home In Sun Valley [Report]

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Laurene Powell with her husband and former Apple CEO Steve Jobs.
Laurene Powell with husband and former Apple CEO Steve Jobs.

Steve Jobs’s widow, Laurene Powell, who is said to be the richest woman in Silicon Valley, has reportedly purchased a $4 million home in Sun Valley, Idaho, where Apple CEO Tim Cook is attending the Allen & Company media conference this week. The new property is said to be located near a river’s edge in the wetlands area, and boasts three bedrooms and two and a half bathrooms.

Major Renovations Begin On Steve Jobs’s Palo Alto Home

Jobs's Palo Alto home while undergoing renovation.
Jobs's family home is boarded up and undergoing major construction work.

Steve Jobs’s family home in Palo Alto, where he lived with his wife Laurene Powell and their children, is currently undergoing a major renovation project that has forced the family to vacate the property. It’s unclear exactly what modifications are being made, but it is believed that the roof will be replaced and that there will be changes to the roofline.

Philippe Starck Confirms That ‘Revolutionary’ Apple Product Is Actually Steve Jobs’s Yacht

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So Stack wasn't working on a new Apple TV or the iPhone 5, but Steve's private yacht instead.
So Stack wasn't working on a new Apple TV or the iPhone 5, but Steve's private yacht instead.

French designer Philipe Starck teased us all last week when he revealed during a radio show interview that he had been working on a “revolutionary” new product with Apple that would launch within the next 8 months. As the news began to circulate, Apple quickly denied working with Starck, and the designer backtracked on his comments.

Starck has now confirmed that he was actually helping the late Apple co-founder Steve Jobs design his own yacht.