Apple shareholder since IPO in 1980 buys Ferrari’s first EV, designed by Jony Ive
Longtime Apple investor Herbert A. Wertheim purchased the first production Ferrari Luce, an electric vehicle designed by former Apple design chief Jony Ive, for $40 million. The proceeds from the auction are being donated to the Ferrari Foundation.
Why it matters
The sale highlights the intersection of high-end luxury automotive design and the legacy of Apple's design philosophy.
Florida billionaire and longtime Apple investor Herbert A. Wertheim has paid $40 million for the first production Ferrari Luce, the automaker’s first fully electric production car. The 87-year-old investor bought Apple shares when the company went public in 1980 and is known for holding onto his investments for decades. The Ferrari Luce he bought, has been designed in collaboration with LoveFrom, the creative studio founded by former Apple design chief Jony Ive and designer Marc Newson. The car, known as Chassis 0, was sold at an RM Sotheby’s auction in Monterey for more than 36 times its $1.1 million presale estimate.Long-time Apple share owner Ferrari Luce bought for $40 millionHerbert A. Wertheim bought the first production Ferrari Luce at the RM Sotheby’s Monterey auction. The entire $40 million hammer price will go to the Ferrari Foundation.
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