Nvidia CEO's leather jacket that Zuckerberg once joked about sells for nearly $1m
Nvidia CEO Jensen Huang's signature black leather jacket sold for $960,000 at a Sotheby's auction, significantly exceeding its $40,000-$60,000 estimate. The proceeds will benefit the Edge Institute, a nonprofit focused on innovation and AI research.
Why it matters
The high sale price reflects the growing cultural status of AI industry leaders and the increasing market value of technology-related memorabilia.
Nvidia CEO Jensen Huang's signature black leather jacket has sold for $960,000 at a Sotheby's auction, far exceeding its estimated value and highlighting growing demand for collectibles linked to the artificial intelligence (AI) industry. The jacket, which Jensen Huang wore during a 2023 event at Foxconn in Taipei, attracted 65 bids from 45 collectors before selling for nearly 16 times its estimated price of $40,000 to $60,000. Sotheby's said the proceeds will support the Edge Institute, a nonprofit focused on innovation, through fellowships, grants and residency programs.Leather jacket has become Jensen Huang's signature lookJensen Huang has been known for wearing black leather jackets for nearly two decades. He regularly appears in them at product launches, company events and technology conferences.The Nvidia CEO has joked about his style in the past. During a 2023 podcast, he said his wife and daughter choose his clothes.
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