Steve Jobs yacht free to set sail after dispute is settled

Advertisement
By NDTV Correspondent | Updated: 27 December 2012 18:30 IST
The yacht commissioned by Steve Jobs is free to set sail after a dispute over non-payment of the designer Philippe Starck's fees was resolved earlier this week.

"The Venus is no longer impounded, we have found a solution," Gerard Moussault, a Hague-based lawyer for the Steve Jobs estate, told AFP. "A security deposit was paid into a bank account, but I cannot say for how much."

Last Wednesday the bailiffs of an Amsterdam court boarded the ship and chained it to the dock with the vessel forbidden to be moved.

At the centre of the row was an unpaid invoice of three million euros (about $4 million) sent by Starck, who worked with Jobs for years in designing the ship. As a compensation he would reportedly get six percent of the costs of the yacht. Since Venus was estimated at 150 million euros, Starck expected to receive nine million euros.

However according to the heirs, Jobs' ship in reality only cost 105 million euros and as a result Starck was paid six million euros.

The French designer did not get a response to the invoice for the remaining three million euros, and decided to get the authorities involved.

The 80-metre aluminium motor ship was just about to leave the port of Amsterdam. After a construction period of two years, Venus was launched in Aalsmeer two months ago and delivered to Jobs' widow Laurene.

As of Tuesday, the Dutch-built yacht, which was only unveiled in October - just over a year after Jobs died - was in Amsterdam harbour because of bad weather.

"The captain is waiting for better weather to set sail," Moussault said.

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Further reading: Steve Jobs, Steve Jobs yacht
Advertisement

Related Stories

Popular Mobile Brands
  1. Oppo F31 Series Launched With 7,000mAh Battery: Check Price, Features
  2. iOS 26 Update for iPhone Releases Today: Everything You Need to Know
  3. Nothing Announces Offers on Phones, Wearables During Flipkart Sale
  4. Butterfly-Shaped Hole in the Sun Could Spark Solar Storms Worldwide
  5. Qualcomm's Snapdragon 8 Elite Gen 5 Will Succeed Its Snapdragon 8 Elite SoC
  6. Gemini Overtakes ChatGPT on App Store, Reaches the Top Spot
  7. These Realme Phones Will Be Discounted During the Flipkart Big Billion Days Sale
  8. Nothing Phone 3 Price Will Drop to Rs 34,999 on Flipkart, But There's a Catch
  1. Vivo Y31 Pro 5G, Vivo Y31 5G Launched in India With 6,500mAh Battery, 50-Megapixel Camera: Price, Features
  2. [Exclusive] Noise to Launch Flagship Master Series Over-Ear Headphones With Dynamic EQ
  3. Snapdragon 8 Elite Gen 5 Confirmed to Launch as Qualcomm's Upcoming Flagship Mobile Chipset
  4. Flipkart Big Billion Days Sale: Nothing Announces Offers on Phone 3a Pro, CMF Phone 2 Pro, Nothing Ear, and More
  5. Bitcoin Steadies Above $116,400 as Ether and Other Altcoins Show Resilience
  6. Oppo F31 Pro+ 5G Launched in India With 7,000mAh Battery Alongside Oppo F31 Pro 5G, F31 5G: Price, Features
  7. Apple Reportedly Plans to Launch iPhone 17e, MacBook Air M5, and More Products by Early 2026
  8. Oppo Find X9 Pro Camera Samples Teased; Oppo Find X9 Series Confirmed to Launch in October
  9. Google Gemini Ranks at the top of the iOS App Store, Overtakes ChatGPT for the First Time
  10. Final Fantasy Remake Trilogy Is Coming to Switch 2 and Xbox, Starting With First Game Next Year
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.