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Steve Jobs' yacht caught up in payment spat

Friday - 12/21/2012, 10:28am  ET

AMSTERDAM (AP) -- The sleek, white superyacht Apple founder Steve Jobs commissioned before his death cannot leave the Netherlands just yet due to a payment dispute

Jobs collaborated on designing the 78.2-meter (256-foot) all-aluminum "Venus," which has a minimalist aesthetic, with French product designer Philippe Starck. Dutch newspaper Het Financieele Dagblad reported Friday that Starck hired a debt collection agency and got a summary legal order to keep the boat from leaving.

Port of Amsterdam spokesman Jeroen Ranzijn confirmed the boat has been in the harbor since Dec. 8, and won't leave until the civil dispute is resolved -- possibly later Friday.

According to the paper, Starck had only been paid EUR6 million ($7.9 million) by Job's heirs, but believed he was owed EUR9 million. The boat cost EUR105 million.


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