Original URL: http://www.theregister.co.uk/2012/12/21/steve_jobs_yacht_seized/

Dead Steve Jobs' mega yacht seized by testy Philippe Starck

Frenchman chains iGinpalace to dockside in payout row

By Brid-Aine Parnell

Posted in Bootnotes, 21st December 2012 13:29 GMT

Steve Jobs' luxury yacht has been impounded in Amsterdam port after French designer Philippe Starck's bill wasn't paid.

Bailiffs boarded the shiny new boat, named Venus, last Wednesday and have chained it to the dock, the Dutch newspaper Financieele Dagblad reported.

Venus has been seized over Starck's claim that Jobs' estate still owes him €3m of his €6m bill, six per cent of the cost of the €105m yacht, for his design work on the ship.

Jobs never got to see the yacht that he and Starck had worked on: it was launched in October, a year after his death. The two men were friends and there was no formal contract between them for the yacht design.

Venus was originally costed at €150m, which would have entitled Starck to €9m in total, but Jobs' heirs say the actual cost was €105m. ®