Nvidia CEO Jensen Huang's Leather Jacket Sells for $960,000

A signed Tom Ford leather jacket worn by Jensen Huang, CEO of Nvidia, sold for $960,000 at a Sotheby's auction in New York on July 17, 2026. The final price drastically exceeded the auction house's pre-sale estimate of $40,000 to $60,000 and the garment's retail price of nearly $10,000. The jacket is part of Tom Ford's Spring-summer 2023 collection and was famously worn by Huang during the 2023 Foxconn Tech Day in Taipei.

Bidding activity for the item was intense, though reports on the exact numbers vary. Some sources state 45 collectors placed bids, while others report 65 bids were submitted over a 10-day period. Sotheby's described the garment as a significant artifact of the artificial intelligence era and a signature piece of Huang's public image.

Proceeds from the sale will benefit the Edge Institute. This nonprofit organization provides fellowships, grants, and residencies for innovators, focusing on English language instruction and professional training in Western business and educational methods.