Nvidia CEO Jensen Huang’s black leather jacket sold for $960,000, or approximately Rs 9.2 crore, at a Sotheby’s auction in New York on Friday, July 17. According to Sotheby’s, the final price was nearly 16 times higher than the jacket’s estimated value of $60,000.
In a press release, Sotheby’s Head of Modern Collectibles, Brahm Wachter, called the jacket “an object so closely tied to one of the defining figures of the AI era.” The auction house said 45 collectors placed bids on the Tom Ford piece before it closed.
Who is Jensen Huang?
Jensen Huang is the billionaire co-founder, president and CEO of Nvidia, one of the most valuable technology companies in the world. He co-founded the company in 1993 with Chris Malachowsky and Curtis Priem, starting out on $40,000 in seed funding.
Huang was born in Taiwan in 1963 and moved to the United States as a child. He later earned a master’s degree in electrical engineering from Stanford University. Under his leadership, Nvidia grew from a graphics chip maker into the company whose GPUs now power generative AI models, data centres and advanced gaming systems.
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The black leather jacket has become Huang’s signature look, much the way Steve Jobs was known for his black turtleneck or Mark Zuckerberg for his gray T-shirts. He has worn one at nearly every major Nvidia keynote, product launch and public appearance for years, and the association has grown alongside both his own profile and the company’s rise during the AI boom. That is part of why one of his Tom Ford jackets drew such strong bidding at Sotheby’s, eventually closing at $960,000.
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