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Business

Time: 2024-08-08

Steve Jobs' Venus Collision: Insights on Yacht Market Growth

Steve Jobs' Venus Collision: Insights on Yacht Market Growth
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Steve Jobs ' Superyacht Venus Collides with Lady Moura off Italian Coast

Venus , the superyacht commissioned by Steve Jobs and now owned by his wife , Laurene Powell Jobs , was involved in a collision with Lady Moura off the coast of Naples on July 22 . The incident occurred due to a sudden change in the wind , leading to the collision between the 78 - meter Venus and the 105 - meter Lady Moura.

Collision Details and Social Media Posts

Steve Jobs' Venus Collision: Insights on Yacht Market Growth

Footage of the collision was posted on social media by Ricardo Salinas Pliego , the third - richest person in Mexico , who was on board Lady Moura when the incident took place . The video shows Venus drifting into Lady Moura , resulting in a significant scratch that will be costly to repair . Despite the collision , it was confirmed that only crew members were on board both yachts at the time , and no one was injured.

The collision raised questions on social media about the awareness of the crew on Venus , with Salinas expressing surprise at the lack of attention to a yacht of Lady Moura 's size . However , it was noted that the wind changed suddenly , complicating the situation for the crew members on both yachts.

Design and Ownership Background

Venus , worth 30 million , was designed by Jobs and French architect Philippe Starck , showcasing a minimalist luxury style that epitomized the philosophy of " elegance of the minimum . " After Jobs ' passing in 2011 , the superyacht was completed and later acquired by Laurene Powell Jobs . Lady Moura , a 344 - foot vessel , has a rich history , changing ownership most recently in 2021 when Salinas purchased it for 25 million.

Insurance Coverage and Yacht History

Despite the collision resulting in minor damage , it is likely that insurance will cover the costs of repairs . Yacht insurance , one of the significant costs incurred by yacht owners , can amount to six figures each month . The intricate design and technological advancements of Venus , along with the collaborative effort between Jobs and Starck , made it a unique and valuable asset in the world of superyachts . Lady Moura , with its longstanding presence in the yachting world , continues to be a symbol of luxury and elegance through its various ownership changes over the years.

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