Steve Jobs Yacht Impounded Over Pay Dispute
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Steve Jobs Yacht Impounded Over Pay Dispute
Steve Jobs' yacht impounded over pay dispute
Late Apple co-founder Steve Jobs' yacht was unveiled in a Dutch shipyard in October and christened "Venus."
STORY HIGHLIGHTS
(CNN) -- The megayacht that Steve Jobs commissioned in the final years of his life has been impounded in Amsterdam after a payment dispute involving the designer, Philippe Starck.
The Venus, a 100-million-euro ($137.5 million), 260-foot-long yacht, made its unofficial debut in late October. It's currently stuck in the Port of Amsterdam after Starck hired a debt-collection agency to attempt to remit the final payment for his design.
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Clown ends up with Steve Jobs' iPad
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FBI file: Steve Jobs 'deceptive'
According to lawyers at Ubik -- Starck's design company -- speaking with Reuters, the designer has only received 6 million of the 9-million-euro commission and is seeking the rest of the payment before the Venus will be released.
"These guys [Jobs and Starck] trusted each other, so there wasn't a very detailed contract," Roelant Klaassen, a lawyer for Ubik, told Reuters.
The Venus is a floating ode to both Jobs and Starck's minimalist aesthetic. Made entirely out of aluminum, with 40-foot-long floor-to-ceiling windows lining the passenger compartment and seven 27-inch iMacs making up the command center.
In Walter Isaacson's biography of Jobs, the late Apple CEO is quoted as saying that, "I know that it's possible I will die and leave Laurene with a half-built boat, but I have to keep going on. If I don't, it's an admission that I'm about to die."
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var cnnOmniPartner = "Wired"; | By Damon Lavrinc, Wired December 22, 2012 -- Updated 1601 GMT (0001 HKT) | Filed under: Innovations |
Late Apple co-founder Steve Jobs' yacht was unveiled in a Dutch shipyard in October and christened "Venus."
STORY HIGHLIGHTS
- Apple co-founder Steve Jobs' yacht impounded in pay dispute
- Designer Philippe Starck says he's owed nearly $4 million
- The Venus cost more than $137 million, is 260 feet long
(CNN) -- The megayacht that Steve Jobs commissioned in the final years of his life has been impounded in Amsterdam after a payment dispute involving the designer, Philippe Starck.
The Venus, a 100-million-euro ($137.5 million), 260-foot-long yacht, made its unofficial debut in late October. It's currently stuck in the Port of Amsterdam after Starck hired a debt-collection agency to attempt to remit the final payment for his design.
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Clown ends up with Steve Jobs' iPad
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FBI file: Steve Jobs 'deceptive'
According to lawyers at Ubik -- Starck's design company -- speaking with Reuters, the designer has only received 6 million of the 9-million-euro commission and is seeking the rest of the payment before the Venus will be released.
"These guys [Jobs and Starck] trusted each other, so there wasn't a very detailed contract," Roelant Klaassen, a lawyer for Ubik, told Reuters.
The Venus is a floating ode to both Jobs and Starck's minimalist aesthetic. Made entirely out of aluminum, with 40-foot-long floor-to-ceiling windows lining the passenger compartment and seven 27-inch iMacs making up the command center.
In Walter Isaacson's biography of Jobs, the late Apple CEO is quoted as saying that, "I know that it's possible I will die and leave Laurene with a half-built boat, but I have to keep going on. If I don't, it's an admission that I'm about to die."
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Re: Steve Jobs Yacht Impounded Over Pay Dispute
I thought it looked like a War Ship, so Spartan . Well, one thing is certain, Apple, for the first time is not making the profits that they made under Steve and their new products are being criticised.
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