Leather jacket worn by Nvidia CEO goes for just under $1 million at Sotheby’s auction
Nvidia Corp CEO Jensen Huang speaks at the COMPUTEX forum in Taipei, Taiwan, on May 29, 2023.
Anne Wang | Reuters
Nvidia CEO Jensen Huang is rarely seen without his leather jacket. This is her signature look. He’s been wearing them for about 20 years.
At product launches, company events, and trade shows, Huang almost always wears his signature black Tom Ford leather jacket.
One of them was recently put up for auction. And on Friday, after 65 bids, one of Huang’s pre-worn and signed jackets Sold at auction at Sotheby’s At $960,000, much higher than the pre-sale estimate of $40,000 to $60,000.
This is also significantly higher than the retail price of one of the garments, which was just under $10,000.
He wore the jacket at an event at Foxconn in Taipei, Taiwan, in 2023.
The clothing’s high price is a sign that collectors are looking to bid on art and collectibles resulting from the AI boom.
“The response to this sale has exceeded even our highest expectations,” Brahm Wachter, Sotheby’s head of modern collectibles, said in a statement. he said. Sotheby’s said 45 different collectors bid on the jacket.
Proceeds will go to a philanthropic initiative supporting the Edge Institute, a nonprofit organization dedicated to innovation, Sotheby’s said in a statement. Proceeds from the sale will be transferred to scholarships, grants and residences.
Huang has he joked He’s talked about his founder’s uniform over the years — in a 2023 podcast he described his wife and daughter dressing him up, and in a 2016 Reddit discussion he said it was “the guy in the leather jacket.”
Other CEOs noticed his style, too.
Meta CEO Mark Zuckerberg is famous He shopped for clothes with Huang In a pro sports-style “jersey swap” in 2024. That same year, onstage at a computer graphics conference, Huang gave Zuckerberg one of the jackets he was wearing that day.
“This is more valuable because it’s used,” Zuckerberg said in question.
