1. OUTSTANDING BALANCE

    Steve Jobs’s Yacht Impounded

    The yacht ordered by Apple's late founder Steve Jobs remains docked at the De Vries shipyard in Aalsmeer, the Netherlands, on October 29, 2012. The recently launched luxurious yacht named "Venus" was envisioned by French designer Philippe Starck and built by Feadship, a Dutch shipbuilder. AFP PHOTO / ANP / ED OUDENAARDEN   ***Netherlands out***        (Photo credit should read ED OUDENAARDEN/AFP/Getty Images)

    Ed Oudenaarden/AFP/Getty

    It’s only fitting that Steve Jobs’s personally designed yacht would be described as “showing the elegance of intelligence.” Unfortunately, the Apple CEO passed away before his high-tech boat ever went to sea. Even more unfortunate for his family, the yacht’s designer, Philippe Starck, is now claiming that they owe him an outstanding €3 million for the project. He’s called the debt collectors and had the yacht impounded in the Port of Amsterdam. Jobs commissioned Starck, known for such designs as a spaceship-shaped aluminum lemon squeezer, to create his minimalist yacht named Venus. The two worked on it together for five years, and as Stark’s lawyer explained, “These guys trusted each other, so there wasn’t a very detailed contract.”

    Read it at BBC