Steve Jobs' Yacht Impounded in $3.6 Million Dispute Over Design Fee

Discussion in 'MacRumors.com News Discussion' started by MacRumors, Dec 21, 2012.

  1. macrumors bot

    MacRumors

    Joined:
    Apr 12, 2001
    #1
    [​IMG]


    DutchNews.nl reports on articles from the Dutch media noting that Steve Jobs' yacht Venus, which launched nearly two months ago, has been impounded by authorities due to a dispute with famed French designer Philippe Starck over design fees for the ship.
    The dispute seems to be related specifically to the cost of building the boat, with Starck claiming that the yacht was slated to cost EUR150 million while the Jobs family says that it only cost EUR105 million. The EUR45 million difference in prices means that Starck believes he is missing out on EUR2.7 million ($3.57 million) in design fees.

    [​IMG]
    The original report from Dutch financial newspaper Financieele Dagblad claims that there was no formal contract between Jobs and Starck, and that an out-of-court settlement of the dispute is likely.

    Article Link: Steve Jobs' Yacht Impounded in $3.6 Million Dispute Over Design Fee
     
  2. macrumors 68040

    KdParker

    Joined:
    Oct 1, 2010
    #2
    Really......

    Don't they have that kind of money sitting on the kitchen table?
     
  3. macrumors 68040

    MonkeySee....

    Joined:
    Sep 24, 2010
    Location:
    UK
    #3
    Pay him the lot in pennies.
     
  4. macrumors 6502

    Joined:
    Jan 26, 2006
    Location:
    SLC, Utah
    #4
    I can't get over how ugly that thing is.
     
  5. macrumors 6502

    Joined:
    Jul 22, 2009
    #5
    You don't make a million dollar deal without having a contract signed! I don't care if you are a minimalist!
     
  6. macrumors 6502a

    Joined:
    Feb 8, 2008
    Location:
    London, UK
    #6
    That is a damn nice yacht.
     
  7. macrumors 6502

    Joined:
    Jul 7, 2012
    Location:
    Elsewhere, USA
    #7
    Here come the "Apple is DOOMED" comments...
     
  8. macrumors regular

    F1 Fan

    Joined:
    Apr 18, 2012
    Location:
    UK
    #8
    I have certainly never done that!
     
  9. macrumors 6502a

    Joined:
    Aug 16, 2010
    Location:
    Canada
    #9
    Steve Jobs screwed people in life... and now in death too.
     
  10. macrumors newbie

    Joined:
    Sep 11, 2008
    #10
    I was thinking the same exact thing.
     
  11. macrumors 68020

    bbeagle

    Joined:
    Oct 19, 2010
    Location:
    Buffalo, NY
    #11
    Yes, he was 'only' paid $6 million. I'd like to be screwed that way someday.
     
  12. macrumors regular

    alfistas

    Joined:
    Jun 28, 2012
    Location:
    Helios Prime
    #12
    This story has now surpassed the ridiculousness margin steadily accelerating towards the epic fail...
     
  13. macrumors 68020

    Joined:
    May 20, 2011
    Location:
    Earth
    #13
    I sure hope the interior is a lot nicer.
     
  14. macrumors 65816

    ctdonath

    Joined:
    Mar 11, 2009
    #14
    Very nice design, with Frank Lloyd Wright sensibilities.
    More suitable design than the "mach 7 aerodynamics" of most recent superyachts.
     
  15. macrumors 65816

    Joined:
    Apr 22, 2008
    #15
    Typical frenchie. Whinging because he's only getting paid €6,300,000 instead of €9,000,000. Aww, diddums..

    How is he going to feed his family now? ;)
     
  16. macrumors 68040

    KdParker

    Joined:
    Oct 1, 2010
    #16
    Lots of deals are made like this with the super rich.
     
  17. macrumors 603

    thekev

    Joined:
    Aug 5, 2010
    #17
    That would be weird. I'm guessing there is more to this, but a contract should spell out how such a fee is determined. I'm surprised the article suggests a yacht of this price was impounded based on a supposed verbal agreement.
     
  18. macrumors regular

    alfistas

    Joined:
    Jun 28, 2012
    Location:
    Helios Prime
    #18
    yep! It couldn't be much worse really...

    ...unless of course he made it look like a pirate ship!
     
  19. macrumors 603

    Oletros

    Joined:
    Jul 27, 2009
    Location:
    Premià de Mar
    #19

    Because only French people get angry when they are paid less than they have to get?
     
  20. macrumors 6502

    DynaFXD

    Joined:
    Jun 15, 2010
    Location:
    East Coast
    #20
    Whoops....strike all that out.... Didn't read close enough. Nevermind. Happy Holidays.
     
  21. macrumors 68040

    Joined:
    Aug 8, 2008
    Location:
    Manhattan
    #21
    I don't understand why its so difficult to determine how much it cost to build the yacht?
     
  22. macrumors regular

    alfistas

    Joined:
    Jun 28, 2012
    Location:
    Helios Prime
    #22
    Unless contract terms were breached then it is a given that the man MUST be paid the agreed fee.
     
  23. macrumors member

    Joined:
    Nov 30, 2012
    #23
    That's what you get when you don't ship my new iMac to the Netherlands in "2-3 weeks" after an early 30 November order!
     
  24. macrumors 68030

    Popeye206

    Joined:
    Sep 6, 2007
    Location:
    NE PA USA
    #24
    Geesung Choi would have never stiffed the designer. :D

    Meanwhile, back in the land of the normal...
     
  25. macrumors regular

    Joined:
    Mar 7, 2011
    #25
    This iYacht is the ugliest yacht I've ever seen. They should sue the designer in court for designing such a terrible yacht.
     

Share This Page