Leather jacket worn by Nvidia CEO Jensen Huang auctions for nearly $1 mn
The jacket drew 45 bidders and sold for 16 times the high estimate, with proceeds set to support fellowships, grants and residencies.
- On Friday, a signed, pre-worn black leather jacket belonging to Nvidia CEO Jensen Huang sold at Sotheby's for $960,000, far exceeding the pre-sale estimate of $40,000 to $60,000 after 65 bids.
- Authenticators linked the jacket to Huang's appearance at the Hon Hai Tech Day in Taipei, Taiwan, on October 18, 2023, consistent with the black leather jackets he has worn for at least 20 years.
- Proceeds will benefit the Edge Institute, a nonprofit supporting tech and science research through pop-up villages, with the venture capital firm Long Journey Ventures organizing the initiative to fund fellowships and grants.
- Huang's signature look mirrors that of other tech leaders, such as Meta CEO Mark Zuckerberg's hoodies and Apple cofounder Steve Jobs' turtleneck, while he credits his wife, Lori Huang, for his fashion choices.
- Despite the high sale price, the amount remains a fraction of Nvidia's nearly $5 trillion market cap, and Huang's net worth of $172 billion ranks him the world's eighth-richest man.
36 Articles
36 Articles
Jensen Huang's Leather Jacket Sells for 1.4 Billion Won at Auction, 16 Times the Estimated Price. NVIDIA CEO Jensen Huang's trademark leather jacket was sold at auction for $960,000 (approximately 1.43 billion won). This price is 16 times higher than the pre-auction estimate. According to CNBC on the 17th (local time), on this day, Huang C...
Leather jacket worn by Nvidia CEO Jensen Huang auctions for nearly US$1 million
NEW YORK: A black leather jacket worn by Nvidia CEO Jensen Huang sold for US$960,000 at a New York auction on Friday (Jul 17), 16 times higher than its estimated value of US$60,000, according to Sotheby's.
Nvidia CEO Jensen Huang's iconic black leather jacket sold for ₹9.24 crore. Here's the story behind it
One of Nvidia CEO Jensen Huang's trademark black leather jackets has sold for an eye-popping $960,000 at a Sotheby's auction, far exceeding its estimated value. The proceeds will support fellowships, grants and residencies for a nonprofit that backs emerging innovators in technology and science.
Tens of collectors outnumbered themselves in bids for an object associated with one of the most well-known leaders in the technology industry. It was one of the leather bags worn and signed by Jensen Huang, Nvidia's director general, who was awarded Sotheby's for $9600,000, more than 20 times the initial estimate.
Jensen Huang's leather jacket sold for $960,000 at Sotheby's, 96 times its retail price
After 65 bids from 45 collectors, Nvidia CEO Jensen Huang's signed Tom Ford jacket sold for $960,000. The pre-sale estimate was $40,000-$60,000. It retails for $10,000.
Coverage Details
Bias Distribution
- 43% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
