According to Sotheby's, a black Tom Ford leather jacket worn and signed by Nvidia CEO Jensen Huang sold for $960,000 at a charity auction in New York, surpassing its pre-sale high estimate of $60,000 by 16 times. The jacket was originally estimated at $40,000 to $60,000.
Sotheby's records show Huang wore the jacket at the Foxconn Technology Day on October 18, 2023, with provenance verified through event photographs. The signature was authenticated by James Spence Authentication. The auction proceeds will be donated to the nonprofit Edge Institute to support grants and residency programs for young innovators.