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.

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Steve Jobs, Steve Jobs yacht
Advertisement

Related Stories

Popular Mobile Brands
  1. OTT Releases This Week: Gandhi Talks, Subedaar, War Machine, Hello Bachhon, and More
  2. Here's When the Poco C85x 5G Will be Launched in India
  3. Vikram On Duty OTT Release: When, Where to Watch This Telugu Crime Thriller
  4. The Upcoming Poco X8 Pro Series Could be Launched Globally on This Date
  5. Vivo X300 Max With Zeiss Cameras Spied at MWC 2026, Could Launch Soon
  1. Laalo – Krishna Sada Sahaayate OTT Release: When, Where to Watch the Gujarati Spiritual Drama
  2. Vikram On Duty OTT Release: When, Where to Watch Nikhil Maliyakkal’s Telugu Crime Thriller
  3. Annagaru Vostaru OTT Release: When, Where to Watch Karthi’s Telugu Action-Comedy
  4. Local Times OTT Release: Know When and Where to Watch the Tamil Comedy Drama Online
  5. Vivo X300 Max With Zeiss Cameras and Android 16 Spotted at MWC 2026, Could Launch Soon
  6. WhatsApp Update Introduces Support for Discovering Stickers While Typing Emoji: How It Works
  7. This AI-Powered Portable Device Claims to Detect Microphones and Jam Audio Recordings
  8. Poco X8 Pro Series Global Launch Date Leaked Ahead of Anticipated Debut: Expected Price, Specifications
  9. MacBook Neo Geekbench Scores Indicate It Performs on Par With iPhone 16 Pro Max
  10. Xiaomi Testing Experimental AI Agent Miclaw, Can Perform Complex Tasks Across Devices
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.