Nvidia CEO's leather jacket sells for $960,000 at Sotheby's

A black leather jacket worn and signed by Nvidia CEO Jensen Huang sold for $960,000 at a Sotheby's auction in New York, far exceeding its presale estimate of $40,000 to $60,000. The final price, achieved after 65 bids from 45 collectors, was approximately 16 times the high end of the initial estimate and nearly 100 times the jacket's retail price of under $10,000.

The auction concluded on Friday, July 17, 2026. The custom-designed Tom Ford jacket has become a signature element of Huang's public image, which he has cultivated for nearly two decades at product launches, trade shows, and major company events. Sotheby's head of modern collectibles, Bram Wachter, stated the response to the sale surpassed even the auction house's highest expectations, describing the jacket as a piece connected to one of the most influential figures who shaped the AI era.

Industry observers have noted the sale reflects how items tied to prominent figures in the technology sector, particularly those associated with the artificial intelligence boom, are becoming highly sought-after collectibles. Huang, who co-founded Nvidia in 1993, has led the company to become a dominant force in AI hardware, with its...