Steve Jobs’ yacht impounded in dispute with Stark?

25 December, 2012 by Karen Haslam
AAA
News

The yacht built for Apple’s late CEO Steve Jobs has been impounded due to a dispute over unpaid bills.

Apparently the Jobs estate owes designer Phillippe Stark US$3.6 million in design fees.

According to DutchNews.nl, baliffs boarded the yacht last Wednesday with an Amsterdam court order. The yacht is now chained to the dock.

Stark claims that should be paid 6% of the cost price of the boat. He says that the boat cost €150 million, while Jobs family is disputing that, saying it cost €45 million less at €105 million.

The yacht, which was described in Walter Isaacson’s biography of Apple’s late co-founder, is christened ‘Venus,’ after the Roman goddess of love and beauty, and is reportedly made with lightweight aluminium and is up to 80 metres long.

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