Steve Jobs' Yacht Docked In Payment Dispute

Jobs heirs allegedly stiffed designer

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    NEWSLETTERS

    The yacht is in port.

    The "sleek, white superyacht" designed by the late Apple founder Steve Jobs shortly before his death is docked in the Netherlands, where it will remain until a payment dispute is resolved, according to the Associated Press.

    Jobs helped to design the 256-foot all-aluminum boat named "Venus," which has a "minimalist aesthetic," the AP reported. Product designer Philippe Starck has hired a debt collection agency and secured a legal ruling keeping the boat in port until the debt is settled.

    The boat has been in port since Dec. 8, port officials confirmed.

    Jobs's heirs paid Starck 6 million euro for work on the 105 million euro boat, but he believes he is owed 9  million euro. It's not yet certain who will settle the debt or how.