Steve Jobs's Yacht Impounded As Designer Awaits $3.96 Million Fee | Cult of Mac

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



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.

Jobs commissioned legendary French designed Philippe Starck to design the yacht, but it seems Starck was only paid €6 million of his €9 million fee. Now Starck’s lawyer has confirmed that the yacht will not be released until the rest of the payment is made.

“The project has been going since 2007 and there had been a lot of detailed talk between Jobs and Starck,” Roelant Klaassen, a lawyer representing Ubik, Starck’s company, said.

“These guys trusted each other, so there wasn’t a very detailed contract.”

Venus took six years to build, and Jobs’s widow, Laurene Powell, along with their three children, attended its launch in North Holland back in October. The ship measures between 70 and 80 meters in length, and features a luxurious sun terrace, a large jacuzzi, and a control room powered by iMacs. Like a lot of Apple’s products, the yacht’s hull is made entirely out of aluminum.

Venus was supposed to be freighted to the United States following its unveiling, but it’s been docked in Amsterdam since December 8.

Source: Reuters