Tags: steve | jobs | yacht | impounded

Late Steve Jobs’ Dream Yacht Impounded for Money Due

Friday, 21 Dec 2012 05:37 PM

By Michael Mullins

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
A mega-yacht built for the late billionaire and Apple co-founder Steve Jobs was impounded in Amsterdam on Friday after the vessel's designer claimed he had not been paid.

The 260-foot-long yacht, which was still being built when Jobs succumbed to pancreatic cancer in October 2011, cost the computer pioneer an estimated $131.6 million to construct, according to Wired.com.

The boat's designer, Philippe Starck, a Frenchman, claims that instead of the $9 million he was promised he had only received $6 million prior to Jobs' passing.

Speaking with Reuters through his lawyers, Starck said the massive yacht will be released upon full payment by Jobs' estate.

The yacht, which made its unofficial debut in late October, is currently being held in the Port of Amsterdam, courtesy of a debt-collection agency hired by Starck to resolve the matter.

"The project has been going since 2007 and there had been a lot of detailed talk between Jobs and Starck," said Roelant Klaassen, an attorney for the Ubik law firm representing Starck. "These guys trusted each other, so there wasn't a very detailed contract."

The Venus, as the vessel is named, is a floating testament design-wise to Jobs' love of minimalism. Comprised entirely of aluminum, the all-white yacht has 40-foot-long floor-to-ceiling windows throughout the passenger area, with seven 27-inch iMacs in the ship's command center.


© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
[Error loading the WebPart '']
Value cannot be null. Parameter name: virtualPath
Send me more news as it happens.
 
 
Get me on The Wire
Send me more news as it happens.
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
You May Also Like

Joe Cocker Dies: Legendary Rock Singer Loses Lung Cancer Battle at 70

Monday, 22 Dec 2014 14:37 PM

British singer Joe Cocker, known for a memorable Woodstock performance and cover of the Beatles' "With a Little Help Fro . . .

Udo Juergens Dies: German-Language Pop Superstar Was 80

Monday, 22 Dec 2014 14:19 PM

Austrian-born star Udo Juergens died Sunday at age 80 after a five-decade career dominating pop music in the German-spea . . .

Billie Whitelaw Dies: 'The Omen' Actress of Stage and Screen Was 82

Monday, 22 Dec 2014 13:57 PM

"The Omen" actress Billie Whitelaw, who appeared on stage and screen for decades, died Sunday in a London nursing home a . . .

Top Stories

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved