Yahoo Finance Steve Jobs' £80m Super Yacht Impounded
A super yacht built for Apple (NasdaqGS: AAPL - news) 's late co-founder Steve Jobs has been impounded in Amsterdam because of a dispute over an unpaid bill to designer Philippe Starck, a lawyer has said.
Mr Jobs, who died last year, never got to use the vessel, called Venus.
But he had commissioned the French designer to work on the yacht, which cost more than 100m euros (£81.3m).
A lawyer representing Mr Starck's company Ubik told reporters his client had received 6m euros out of a 9m euro commission for his work on the minimalist vessel and was now seeking to recover the rest of what he was owed.
The yacht was impounded on Wednesday evening, the lawyer said, and will remain in Amsterdam port pending payment by lawyers representing Mr Jobs' estate.
"The project has been going since 2007 and there had been a lot of detailed talk between Jobs and Starck," said the lawyer, Roelant Klaassen.
"These guys trusted each other, so there wasn't a very detailed contract."
The lawyer representing Mr Jobs' estate could not immediately be reached for comment.
The 256ft (78-metre) vessel, built by shipbuilders Feadship, took to the water at the firm's yard in Aalsmeer, just south of Amsterdam, in October, a year after Mr Jobs' death.
According to Mr Jobs' biographer Walter Isaacson, the vessel, which is made of exceptionally long aluminium panels, was just as Mr Jobs had imagined it.
The late Apple chief is believed to have given his input in a day-long discussion with Mr Starck.
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