The auction was expected to fetch a modest $40,000-$60,000 for Nvidia CEO Jensen Huang's iconic leather jacket, but the final bid exceeded expectations by almost twenty times. All proceeds from the sale will go to charity.
The auction was expected to fetch a modest $40,000-$60,000 for Nvidia CEO Jensen Huang's iconic leather jacket, but the final bid exceeded expectations by almost twenty times. All proceeds from the sale will go to charity.
A Tom Ford leather jacket, previously worn and signed by Jensen Huang, went up for auction at Sotheby's on Friday, July 17. It sold for $960,000, Dexerto reports .
Some experts believe such a high price for the item is evidence that collectors are actively seeking artifacts and collectibles related to the artificial intelligence boom.
The lot description on Sotheby's website states: "The 'Jensen Jacket' has become a relic of the simple belief that the future is built by people brave enough to travel into the unknown - to where no one else sees what they see. This is not just a jacket. This is the uniform of the 'first to believe.'"
Other CEOs are also keen to get their hands on a “Jensen jacket.” Back in 2024, Huang gifted one of his leather jackets to Zuckerberg, who remarked, “It’s doubly valuable because it’s already been worn.”
