A black leather jacket worn by Nvidia CEO Jensen Huang sold for $960,000 at an auction in New York on Friday, 16 times its estimate of $60,000, according to Sotheby’s.
The auctioneer said in a press release that 45 collectors bid on the Tom Ford jacket, with Sotheby’s Head of Modern Collections Brahm Wachter calling it “an object so associated with one of the defining figures of the AI era”.
Like Apple founder Steve Jobs’ penchant for black blazers or Meta boss Mark Zuckerberg’s endless wardrobe of gray T-shirts, Huang has made leather jackets part of his signature style, wearing one in nearly every public appearance — including the cover of Time magazine in 2021.
As head of Nvidia, he has seen the chipmaker grow to become the world’s most valuable publicly traded company.
Proceeds from the auction go to benefit the Edge Institute, a non-profit organization dedicated to teaching English and instructing professionals in Western business and educational methods.
