Last week we reported that Steve Jobs' yacht, Venus, had been repossessed in the Netherlands at the behest of designer Philippe Starck, who claimed that the Jobs family owed him three million Euros. Classy move, Starck. Well, the yacht is free to sail again.

The designer of Steve Jobs' yacht has never been the master of tact. Just a few months ago, Philippe Starck played up his friendship with Jobs and tastelessly teased the yacht as "revolutionary" Apple product. Gross. His latest cool guy move: having the monster repossessed over a payment dispute.

Venus, the incredible luxury yacht Steve Jobs had been designing up until his death a little over a year ago, seems to have made its first apperance as a finished product in the city of Aalsmeer in the Netherlands. Unsurprisingly, its design is breathtaking.

It's now pretty common to find motorhomes, and even smaller camping trailers, that transform and expand to increase the amount of living space inside. But the Wider yacht is the first seaborne vessel that features an expanding mid-section to increase its usable deck space, and provide easier access to the water.

What does one do with an extra $590 million burning a hole in his pocket? Well, if one is Chelsea boss and multi-kagillionaire Roman Abramovich, one commissions the construction of a floating pleasure island replete with early-warning missile detection. The only thing it's missing are those cute mini-giraffes.

It doesn't take the detective prowess of Sam Spade to see how awesome this 289-footer is. It can take you from New York to Barcelona in ten days flat in the lap of luxury.

Since China has a ton of people making a ton of money these days, they're just spending it wildly. Like buying $2.5 million yachts that don't work. As the yacht was entering the water for the first time, it started sinking and eventually capsized.

I've read Jonathan Swift's A Modest Proposal, so forgive me a moment, but I couldn't help but wonder if the poor would make the best fuel for this floating in-your-face exuberance from the folks at Yacht Island Design.

P Diddy has become one of the first of the ultra-rich to hire the Solemates yacht after it launched from Monaco's docks last year. Every guest who boards gets loaned an iPad for controlling everything onboard—except navigation.

We've seen some brilliant yachts here at Gizmodo—some you can buy; most which'll never feel the cool touch of the ocean on its belly—but it's always the concepts which leave me most breathless. Like Feadship's Breathe, here.