Steve Jobs' Yacht Impounded in $3.6 Million Dispute Over Design Fee

DutchNews.nl reports on articles from the Dutch media noting that Steve Jobs' yacht Venus, which launched nearly two months ago, has been impounded by authorities due to a dispute with famed French designer Philippe Starck over design fees for the ship.

Baliffs boarded the brand new yacht Venus last Wednesday with an Amsterdam court order and it is now literally chained to the dock, the FD said. Port service companies have been instructed not to help it to leave.

The dispute centres on a €3m unpaid bill from Starck, known for his minimalist interiors, who worked with Jobs on designing the yacht for years. His fee had been established at 6% of the cost price, Rotterdam lawyer Roeland Klaassen told the paper.

The dispute seems to be related specifically to the cost of building the boat, with Starck claiming that the yacht was slated to cost €150 million while the Jobs family says that it only cost €105 million. The €45 million difference in prices means that Starck believes he is missing out on €2.7 million ($3.57 million) in design fees.

jobs yacht
The original report from Dutch financial newspaper Financieele Dagblad claims that there was no formal contract between Jobs and Starck, and that an out-of-court settlement of the dispute is likely.

Top Rated Comments

camnchar Avatar
124 months ago
I can't get over how ugly that thing is.
Score: 54 Votes (Like | Disagree)
rmatthewware Avatar
124 months ago
You don't make a million dollar deal without having a contract signed! I don't care if you are a minimalist!
Score: 38 Votes (Like | Disagree)
Oletros Avatar
124 months ago
Typical frenchie. Whinging because he's only getting paid €6,300,000 instead of €9,000,000. Aww, diddums..

How is he going to feed his family now? ;)


Because only French people get angry when they are paid less than they have to get?
Score: 26 Votes (Like | Disagree)
MonkeySee.... Avatar
124 months ago
Pay him the lot in pennies.
Score: 23 Votes (Like | Disagree)
HarryKeogh Avatar
124 months ago
Wow. That's a yacht of money. Hopefully, boat sides can come together and sea if they can work this out.
Score: 22 Votes (Like | Disagree)
bbeagle Avatar
124 months ago
Steve Jobs screwed people in life... and now in death too.

Yes, he was 'only' paid $6 million. I'd like to be screwed that way someday.
Score: 22 Votes (Like | Disagree)

Popular Stories

2022 back to school apple

Apple Launches 2022 Back to School Offer: Up to $150 Gift Card With Mac or iPad

Friday June 24, 2022 5:08 am PDT by
Apple today launched its annual "Back to School" promotion for college/university students in the United States and Canada. This year's promotion offers a free Apple gift card with the purchase of an eligible Mac or iPad, rather than free AirPods like last year. Apple is also offering students 20% off AppleCare+ plans during the promotion. Apple is offering a $150 gift card with the purchase ...
apple ar headset concept 2

Apple CEO Tim Cook Hints at AR/VR Headset: 'Stay Tuned and You'll See What We Have to Offer'

Wednesday June 22, 2022 6:34 pm PDT by
CEO Tim Cook this week did an interview with China Daily, where he once again commented on on the future of augmented reality and hinted at Apple's work on an AR/VR headset. Render via designer Ian Zelbo Cook said that Apple is excited about the opportunities available with augmented reality, which is not too far off from prior comments that he's made, but he went on to say that people should ...
airpods pro 2 1

AirPods Pro 2 Said to Feature Upgraded H1 Chip, Find My, Heart Rate Detection, USB-C and More

Friday June 24, 2022 9:48 am PDT by
The next-generation AirPods Pro could come with a long list of new features that include heart rate detection, the ability to function as a hearing aid, and a USB-C port according to a report from 52Audio. The site claims that it has received new information on the AirPods Pro 2, and it has used that information to provide some renders on what the earbuds might look like. Design wise, there...
customize wallpaper setting ios 16

iOS 16 Beta 2 Tidbits: New Wallpaper Colors, Backup Over LTE, SMS Filtering and More

Wednesday June 22, 2022 2:16 pm PDT by
Apple today seeded the second betas of iOS 16 and iPadOS 16 to developers for testing purposes, and the new betas introduce new features and refine some of the changes that Apple made with the first iOS 16 release. Subscribe to the MacRumors YouTube channel for more videos. Lock Screen Photo Wallpaper Customization When customizing a photo on the Lock Screen, there are two new DuoTone and...
home app ios 16

Apple Confirms iPad Will No Longer Be Supported as a Home Hub in iOS 16

Wednesday June 22, 2022 12:38 pm PDT by
The iPad will no longer be able to be used as a home hub following the launch of iOS 16, iPadOS 16, macOS Ventura, and the HomePod 16 software this fall, Apple confirmed today. As discovered in iOS 16 code by MacRumors contributor Steve Moser, Apple says that the iPad will no longer be supported as a home hub. This information will be displayed in the Home app after updating to iOS 16.A home ...
apple ar headset concept 1

Apple Rumored to Announce 'Game-Changer' AR/VR Headset in January 2023

Friday June 24, 2022 2:52 am PDT by
Apple is "likely" to announce its long-rumored mixed-reality headset as soon as January 2023, Apple analyst Ming-Chi Kuo has reiterated. Concept render based on purported leaked information by Ian Zelbo In a detailed post on Medium, Kuo explained that Apple's headset will be a "game-changer" for the augmented-reality and virtual-reality market. Describing some of the headset's...