Apple (AAPL): Steve Jobs’ Mega Yacht Released After Bill Dispute Is Resolved

Steve Jobs’ new yacht is now free to set sail after the 260-foot aluminum craft nick-named ‘Venus’ was detained by Dutch authorities over unpaid fees, French newspaper Le Monde reports.

The boat, which reportedly cost €105 million (roughly $138 million) to build, was impounded last Friday after famed French designer Philippe Starck — who had been paid roughly €6 million (around $7.9 million) for his work on the high-tech vessel — said the Jobs’ family still owed him $4 million for his contribution to the boat’s design, in line with the 6% commission he had allegedly been promised.

According to Steve Jobs’ heirs, Starck was only supposed to receive a percentage of the project’s cost – equal to $8 million.

Either way, Le Monde says that a solution has been reached. According to Hague-based lawyer Gérard Moussault, who represents the Jobs’ family, his clients have made an unspecified security deposit to release the yacht.

“A solution has been found and a security has been lodged on a bank account for the boat to be free to leave”, Moussault told the paper.

The yacht, which launched in October, at Aalsmeer, The Netherlands, will reportedly be taken to the U.S. at an unspecified date, where the Jobs’ family including his widow Laurene Powell Jobs and their three children are to take charge of the boat.

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