Nvidia CEO Jensen Huang's signed jacket sells for $960,000 at auction

A black leather jacket, famously worn by Nvidia CEO Jensen Huang, has fetched an astonishing $960,000 (approximately 1.43 billion South Korean won) at a Sotheby's auction in New York. The jacket, bearing Huang's autograph, attracted 65 bids before concluding its sale, far surpassing the auction house's initial estimate of $60,000 (around 90 million won).

This final bid represents roughly 16 times the projected selling price, underscoring the immense value placed on memorabilia associated with the tech mogul. The jacket's original retail price is understood to be less than $10,000 (about 15 million won), making the auction price exceptionally high. Huang was seen wearing this particular jacket on October 18, 2023, at 'Foxconn Tech Day' held in Taipei, Taiwan.

Huang is renowned for his consistent style, frequently appearing in public events, product launches, and trade fairs clad in his iconic black leather jacket. CNBC noted that he has favored this signature look for over two decades, making it a recognizable symbol of his persona in the technology industry.