Go Symbol Lookup
Loading...

Steve Jobs's Yacht Snared in $1 Million Payment Scrap

 Text Size  
Published: Friday, 21 Dec 2012 | 10:36 AM ET
Source: Superyachttimes.com

The sleek, white superyacht Apple founder Steve Jobs commissioned before his death cannot leave the Netherlands just yet due to a payment dispute

Jobs collaborated on designing the 78.2-meter (256-foot) all-aluminum "Venus," which has a minimalist aesthetic, with French product designer Philippe Starck. Dutch newspaper Het Financieele Dagblad reported Friday that Starck hired a debt collection agency and got a summary legal order to keep the boat from leaving.

Port of Amsterdam spokesman Jeroen Ranzijn confirmed the boat has been in the harbor since Dec. 8, and won't leave until the civil dispute is resolved - possibly as early later Friday.

"It was actually ready to continue its voyage when there was a dispute between two parties, including the heirs, and one party laid a claim on the boat," said Ranzijn.

He said the dispute may be resolved shortly.

According to the paper, Starck had only been paid (EURO)6 million ($7.9 million) by Job's heirs, but believed he was owed (EURO)9 million. The boat cost (EURO)105 million.

 Print
The designer who worked with the late Apple chief on the sleek boat has hired a debt collection agency and got a summary legal order to keep the boat from leaving Amsterdam, where it was built.

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Featured

  • Frank joined CNBC in 2012 as a reporter and editor. He is a leading journalistic authority on the American wealthy.