Nvidia CEO’s black leather jacket sold for ₹9.4 crore:Auction price 16 times higher than expected, money will be spent on fellowship research

The iconic black leather jacket of American tech company NVIDIA’s CEO Jensen Huang has been auctioned for approximately ₹9.4 crore ($9,60,000). In this auction organized by auction house Sotheby’s, the jacket’s price was 16 times more than expected. Earlier, it was estimated to sell for $40,000 to $60,000 (approximately ₹33 lakh to ₹50 lakh). The entire amount received from this auction will be donated to help young innovators in the tech and science sector. Money from auction will be spent on fellowship and research According to Fortune’s report, the amount received from this auction will go to an initiative started by San Francisco-based venture capital firm ‘Long Journey Ventures’. This initiative works to help a non-profit organization named ‘Edge Institute’. The Edge Institute brings together people from tech, science, culture and society so they can work on new ideas. Style Statement Live Steve Jobs and Zuckerberg Just as Apple founder Steve Jobs’ black turtleneck and Meta CEO Mark Zuckerberg’s grey T-shirt or hoodie have been their signature style in Silicon Valley, similarly Jensen Huang’s black leather jacket has become a major symbol in the tech world. Jensen is always seen in this look at NVIDIA’s major product launches, developer conferences and keynote presentations. In a 2016 Reddit ‘Ask Me Anything’ session, Jensen wrote in a humorous manner, “Perhaps you know me better as ‘that guy in the leather jacket’ who repeats things three times.” This look became so popular that in 2021 when ‘Time’ magazine featured him on their cover page, he appeared in this same signature jacket. Wore this same Tom Ford jacket at Taipei event The jacket that was auctioned at Sotheby’s is a black leather jacket from luxury brand Tom Ford. Huang wore it during the ‘Hon Hai Tech Day’ held in Taipei on October 18, 2023. The auction house has matched this jacket with photographs from the event. Additionally, Jensen Huang’s autograph on the jacket has been verified by ‘James Spence Authentication’. Huang is a fan of Tom Ford jackets Jensen Huang is quite fond of Tom Ford jackets and this remains a topic of discussion in Silicon Valley. According to fashion experts, most of Jensen’s jackets cost from several thousand dollars to over $10,000 (approximately ₹9.6 lakh). Jensen Huang’s net worth is ₹15.39 lakh crore According to the Forbes Real Time Billionaires List, the company’s CEO Jensen Huang is the 7th richest person in the world with a net worth of $175 billion, which is ₹16.84 lakh crore.