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.

Catch the latest from the Consumer Electronics Show on Gadgets 360, at our CES 2026 hub.

Further reading: Steve Jobs, Steve Jobs yacht
Advertisement

Related Stories

Popular Mobile Brands
  1. Samsung Galaxy S26 Ultra Tipped to Launch With These Camera Improvements
  2. Amazon Get Fit Days Sale 2026 Announced in India: See Top Deals, Discounts
  3. Samsung Partners Nota AI to Enable Advanced On-Device AI on Exynos 2600
  4. OnePlus 16 Could Feature Same Cameras as the Rumoured Oppo Find N6
  5. Redmi Pad 2 Pro 5G Price Range, Chipset Revealed Ahead of Launch in India
  6. Xiaomi 17 Series May Be Expanded With Fifth Model Featuring Snapdragon Chip
  7. TCL Note A1 Nxtpaper E-Note Launched at This Price to Rival Kindle Scribe
  8. WhatsApp Rolls Out New Year 2026 Features Ahead of Its Busiest Day
  9. iQOO Z11 Turbo Confirmed to Launch in These Four Colourways in China
  10. Samsung Galaxy S26, Galaxy S26 Ultra Spotted in Leaked Hands-On Images
  1. Lenovo Yoga Slim 7x, IdeaPad 5x 2-in-1, IdeaPad Slim 5x With Snapdragon X2 Chips to Launch at CES 2026: Report
  2. TCL Note A1 Nxtpaper E-Note Launched With 8,000mAh Battery, 11.5-Inch Display: Price, Specifications
  3. Samsung Partners With Nota AI to Enable Advanced On-Device AI on Exynos 2600 Chip
  4. Japan’s H3 Rocket Suffers Setback as Michibiki 5 Navigation Satellite Launch Fails
  5. OnePlus 16 Tipped to Feature Same Camera Hardware as Oppo Find N6; May Get 200-Megapixel Camera
  6. NASA to Preview Upcoming ISS Spacewalks Focused on Solar Array Upgrades in January 2026
  7. New Study Explains Why Earth’s Poles Are Heating Up at an Alarming Rate
  8. Kumki 2 OTT Release Date: When and Where to Watch This Tamil Movie Online?
  9. The Demon Hunter OTT Release Date: When and Where to Watch it Online?
  10. A Legacy of Mettle: The Bharat Benz Story Now Streaming Online: Know Where to Watch it Online
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.