toggle

AAPL Stock: 95.04 ( -0.36 )

Printed from http://www.macnn.com

Lawyers have Steve Jobs yacht seized over designer payment

updated 10:03 am EST, Fri December 21, 2012

Jobs family insists designer owed less money

The Venus, a yacht commissioned by late Apple co-founder Steve Jobs, has been seized in Amsterdam at the behest of lawyers for its designer, Philippe Starck, Dutch reports say. Bailiffs boarded Venus last week with a court order; the boat is now chained to its dock, and port authorities have been informed that it can't depart. At issue is a dispute with Jobs' family over how much Starck is owed for his work.

The yacht was originally projected to cost 150 million euros. The Jobs family, however, is claiming that the final cost is only 105 million, an amount that would dramatically reduce Starck's pay, since the designer is due 6 percent of the boat's value. Starck is claiming the 9 million euros he would be owed for a 150 million euro pricetag, while the Jobs family is insisting that he be paid closer to 6 million.

Steve Jobs originated the design of the Venus after returning from a cruise between Italy and Turkey, but died before the ship could be revealed to the public. The craft is 80 meters long and, like many Apple products, built mainly of aluminum and glass. It even relies on 27-inch iMacs for functions like navigation. After his death, Jobs' widow, Laurene, met with Starck to finish construction.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

  1. trevj

    Fresh-Faced Recruit

    Joined: 12-05-99

    "the boat is now chained to its dock"

    Damn those Kensington locks!

  1. burger

    Forum Regular

    Joined: 09-13-00

    To remove the boat from the Dock, drag the boat with your trackpad or mouse cursor out of the dock until you see the small cloud on the icon, then release.

  1. pottymouth

    Junior Member

    Joined: 11-19-03

    Options > ✓ Keep in Dock

  1. Bobfozz

    Fresh-Faced Recruit

    Joined: 07-28-08

    These difficulties happen to honest designers all the time and unfortunately some go to court.
    Solution for court is relatively simple.

    What did S. Jobs sign off on (amount, specs, etc.). Let's say X

    How much up to know has the Jobs family paid? Call this Y.

    Of course proof is necessary.

    Then X-Y is the amount owed (0 or something else).

    Any time someone has to get lawyers involved, someone is screwing the pooch. It is seldom a matter of "misinformation," someone is trying to take advantage of the other. Read Les Cabarga's book (at the back) on the LOGO FONTS BIBLE.

  1. mac_in_tosh

    Fresh-Faced Recruit

    Joined: 12-14-11

    What a world we live in. The people that make Apple products work in slave-like conditions and the owner and designer of this thing are arguing over whether it cost 105 or 150 million euros.

  1. coffeetime

    Mac Enthusiast

    Joined: 11-15-06

    OK. So designer is disputing between 6 million and 9 million Euros pay. But the things that darns me is Steve Job spent a 100 million plus Euroa toy for himself. That's some serious toy there. This is like Howard Hughes with his wooden plane before he died.

  1. pottymouth

    Junior Member

    Joined: 11-19-03

    Hughes' spruce goose would be about 263M Euro, adjusted. That was never a toy, though.

  1. pottymouth

    Junior Member

    Joined: 11-19-03

    And it looks like some Malaysian guy has Job's dinghy beat handily with his $4.8 BILLION yacht.

    An anonymous Malaysian businessman owns this excessively designed yacht. History Supreme, also known as Baia 100 SUPREME, is uniquely decorated with bones of dinosaurs and tiny meteorites. The person who owns this has so much money to spend that he even decided to use almost 100,000 kg of gold and platinum to make it more elegant. The designer of this yacht has worked with so much passion that he never settled for any cheap material. Indeed, it deserves to be in the no. 1 post for the most expensive yacht in the world. Several parts including the dining area, the anchor and the deck are perfectly constructed with the use of precious stones.


    http://www.therichest.org/entertainment/the-worlds-10-most-expensive-yacht/

  1. trevj

    Fresh-Faced Recruit

    Joined: 12-05-99

    Steve would have been the ultimate Geek shipping magnate.

  1. blahblahbber

    Banned

    Joined: 02-01-05

    More bad publicity??... You don't say? Pay your dues!!

  1. chas_m

    MacNN Staff

    Joined: 08-04-01

    Originally Posted by coffeetimeView Post

    OK. So designer is disputing between 6 million and 9 million Euros pay. But the things that darns me is Steve Job spent a 100 million plus Euroa toy for himself.



    He didn't design it for himself. It was always intended to be a gift to his family so that they could enjoy cruises in privacy. In part, it was also therapy to help keep his spirits up.

    Second, yachts of this class are expensive, and I'm sure this one is even more so. If I know anything about Steve, he changed the design at least six times, fiddled with details even while the ship was under construction, and generally ran up costs. :)

  1. exca1ibur

    Mac Elite

    Joined: 10-06-00

    A quote from the legal firm.

    "The project has been going since 2007 and there had been a lot of detailed talk between Jobs and Starck. These guys trusted each other, so there wasn’t a very detailed contract."

  1. blahblahbber

    Banned

    Joined: 02-01-05

    Originally Posted by exca1iburView Post

    A quote from the legal firm.
    "The project has been going since 2007 and there had been a lot of detailed talk between Jobs and Starck. These guys trusted each other, so there wasn’t a very detailed contract."

    obviously that is how the problem all starts.... contract got to be thorough for reasons such as this.

  1. Spheric Harlot

    Clinically Insane

    Joined: 11-07-99

    Originally Posted by chas_mView Post

    [QUOTE=coffeetime;4208184]OK. So designer is disputing between 6 million and 9 million Euros pay. But the things that darns me is Steve Job spent a 100 million plus Euroa toy for himself.



    He didn't design it for himself. It was always intended to be a gift to his family so that they could enjoy cruises in privacy. In part, it was also therapy to help keep his spirits up.

    Second, yachts of this class are expensive, and I'm sure this one is even more so. If I know anything about Steve, he changed the design at least six times, fiddled with details even while the ship was under construction, and generally ran up costs. :)[/quote]

    Not sure how that jives with the fact that the yacht ended up 45 million cheaper than projected.

    Unless they saved 45 million in the last year by not following through on some of Jobs' more extravagant plans.

  1. RobOnTheCape

    Senior User

    Joined: 01-16-04

    Do you think the nav systems rely on Apple or Google maps?

  1. blahblahbber

    Banned

    Joined: 02-01-05

    Originally Posted by RobOnTheCapeView Post

    Do you think the nav systems rely on Apple or Google maps?

    nav maybe with google earth. ;)

  1. Grendelmon

    Dedicated MacNNer

    Joined: 12-26-07

    Originally Posted by coffeetimeView Post

    This is like Howard Hughes with his wooden plane before he died.



    The spruce goose was not a toy. An obsession, perhaps- but his company was trying to cash in big time by building a legitimate military transport (under a government contract) with the resources that they had available.

    The Venus is simply a recreational vehicle. You cannot even compare the two.

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

MacNN Sponsor

Recent Reviews

Fugoo Bluetooth speaker

It's rare to find a Bluetooth speaker that can cover a large array of needs. Generally, speakers are wrapped in a desktop-convenient ...

Epson LW-600P

Label makers are traditionally simple machines that perform a single task which people feel they can either live with or without. In m ...

Tylt Energi 2K battery pack

Backup batteries are gaining ground as one of the devices that, for many users, must be carried around every day. With lives connected ...

toggle

Most Commented