Steve Jobs' Yacht Row Settled With Payout -- SKY News
The late Steve Jobs' estate has settled a financial dispute with the designer of his £80m luxury yacht, allowing it to leave port. Steve Jobs' yacht is free to set sail after the late Apple co-founder's estate paid a deposit to resolve a dispute with the designer. The boat, which reportedly cost more than £80m to build, was impounded after Philippe Starck said Mr Jobs' estate still owed him around £2.5m for his contribution to its design. Mr Starck said he was to be paid a fixed sum of £7m, while lawyers for Mr Jobs' estate said he was to be paid a percentage of the project's cost - equal to £5m. "The Venus is no longer impounded, we have found a solution," said lawyer Gerard Moussault. "A security deposit was paid into a bank account, but I cannot say for how much." Read more ....
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