Steve Job's yacht seized in Amsterdam in Philippe Starck bill row
21st December 2012, 0 comments
Baliffs boarded the brand new yacht Venus last Wednesday with an Amsterdam court order and it is now literally chained to the dock, the FD said. Port service companies have been instructed not to help it to leave.
The dispute centres on a €3m unpaid bill from Starck, known for his minimalist interiors, who worked with Jobs on designing the yacht for years. His fee had been established at 6% of the cost price, Rotterdam lawyer Roeland Klaassen told the paper.
The yacht was originally costed at €150m, which would have entitled Starck to €9m. But Job’s heirs say the actual cost was €105m, entitling the French designer to no more than €6m. Bills for the remaining €3m have been left unpaid.
The 80-metre aluminium hulled yacht was built by Dutch shipyards De Vries Scheepsbouw and Van Lent and was launched in Aalsmeer two months ago.
Jobs died of cancer in October last year.
The FD asks whether the sequestration will last long. Jobs and Starck became very friendly during the building process and there is no formal contract. The paper says an out-of-court settlement is the likely outcome.