Close Menu
Alpha Leaders
  • Home
  • News
  • Leadership
  • Entrepreneurs
  • Business
  • Living
  • Innovation
  • More
    • Money & Finance
    • Web Stories
    • Global
    • Press Release
What's On
Why companies are experimenting with cheaper Chinese AI models instead of OpenAI and Anthropic

Why companies are experimenting with cheaper Chinese AI models instead of OpenAI and Anthropic

17 July 2026
We Just Had The First Humanoid Robot Strike Ever

We Just Had The First Humanoid Robot Strike Ever

17 July 2026
Entering sports ownership gives the rich a ‘very elite and exclusive club’ with great tax benefits

Entering sports ownership gives the rich a ‘very elite and exclusive club’ with great tax benefits

17 July 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Alpha Leaders
newsletter
  • Home
  • News
  • Leadership
  • Entrepreneurs
  • Business
  • Living
  • Innovation
  • More
    • Money & Finance
    • Web Stories
    • Global
    • Press Release
Alpha Leaders
Home » Jensen Huang’s jacket sold at Sotheby’s for almost $1M—and the money is going to young tech builders
News

Jensen Huang’s jacket sold at Sotheby’s for almost $1M—and the money is going to young tech builders

Press RoomBy Press Room17 July 20264 Mins Read
Facebook Twitter Copy Link Pinterest LinkedIn Tumblr Email WhatsApp
Jensen Huang’s jacket sold at Sotheby’s for almost M—and the money is going to young tech builders

Many tech executives have their signature look, like Meta CEO Mark Zuckerberg’s t-shirts and hoodies, and Apple cofounder Steve Jobs’ turtleneck, and Huang, the Nvidia CEO’s, happens to be very expensive leather jackets. 

He’s nearly always seen in them, and many of the leather jackets in his wardrobe cost several thousand dollars a pop. But Huang has never shied away from his identity-making garments.

“You may know me better as ‘the guy in the leather jacket who repeats things three times,’” Huang wrote when he hosted a Reddit AMA in 2016. It’s become his signature look, and one he sported when he was on the cover of Time in 2021 as one of its men of the year. 

The jacket, which went up for auction earlier this month via Sotheby’s, had a presale estimate of $40,000 to $60,000. But bidding blew those estimates out of the water. The proceeds will go toward a philanthropic initiative organized by San Francisco-based venture capital firm Long Journey Ventures to benefit the Edge Institute, a nonprofit that brings together people working in tech, science, culture, and society to live together in pop-up villages and work on experiments. 

Photo courtesy Sotheby’s

The group is part of a growing “pop-up village” movement—rooted in the tech and crypto worlds—that convenes founders and researchers into month-long live-in gatherings. Its flagship event, Edge Esmeralda, drew more than 1,300 people to Healdsburg, Calif., last year. The proceeds will fund fellowships, grants, and residencies, according to Sotheby’s.

It’s unclear what Huang’s relationship to the organization is and whether he ideated the sale himself. Sotheby’s and Nvidia didn’t immediately respond to Fortune’s requests for comment.

The jacket sale is different from how Huang usually gives. He and his wife, Lori—both Oregon State University graduates who met in a campus lab—run the Jen-Hsun and Lori Huang Foundation, which one estimate pegs at more than $10 billion in assets. Their giving has largely flowed to universities and AI research, including a $50 million gift to Oregon State to build a research complex now bearing their names, along with donations to Stanford and a $22.5 million gift to the California College of the Arts.

The specific jacket was photomatched by PSA to Huang during Hon Hai Tech Day in Taipei on Oct. 18, 2023, with his signature authenticated by James Spence Authentication. 

More about Jensen Huang’s love for leather jackets

The jacket that was up for auction was a black leather jacket from luxury menswear brand Tom Ford that Huang wore during Nvidia’s product launches, developer conferences, and major announcements as his company became a major pioneer in artificial intelligence. 

“This is not only a jacket,” according to Sotheby’s. “It is the uniform of a ‘first believer’; a symbol of his leadership style embodying authenticity, ingenuity, persistence, courage and joy.”

In a 2024 keynote address, Huang appeared to be wearing a lizard-embossed Tom Ford jacket that cost almost $9,000. That’s barely a drop in the bucket for Huang, though, since his net worth is $172 billion, making him the world’s eighth-richest man, and Nvidia’s market cap is nearly $5 trillion.

Fashion experts confirmed to Fortune in 2025 that Huang often wears Tom Ford, where some jackets cost more than $10,000 a piece. While they come in different styles and materials, Huang appeared to be sporting a biker-style black leather jacket by Tom Ford at Nvidia’s GTC 2025 keynote speech. 

“It’s not his first rodeo. He wears a lot of Tom Ford. They’re all expensive,” Reginald Ferguson, owner and founder of menswear fashion consultancy New York Fashion Geek, previously told Fortune. “He’s found his lane, and he’s sticking to it. I doubt he has a motorcycle outside. The black jackets go well with his gray hair.”

To be sure, Huang admitted in a 2024 interview with HP the idea for his black leather jackets wasn’t his own.

“I’m happy that my wife and my daughter dress me,” Huang said. A spokesperson for Huang also previously told The New York Times that Huang had been wearing black leather jackets “for at least 20 years.”

Auction Fashion Jensen Huang Nvidia philanthropy Sotheby's
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link

Related Articles

Why companies are experimenting with cheaper Chinese AI models instead of OpenAI and Anthropic

Why companies are experimenting with cheaper Chinese AI models instead of OpenAI and Anthropic

17 July 2026
Entering sports ownership gives the rich a ‘very elite and exclusive club’ with great tax benefits

Entering sports ownership gives the rich a ‘very elite and exclusive club’ with great tax benefits

17 July 2026
OpenAI’s CFO: 4 questions that reveal if your AI spend is paying off

OpenAI’s CFO: 4 questions that reveal if your AI spend is paying off

17 July 2026
World Cup final is already the biggest ever prediction market as Kalshi bets top .27 billion—with Spain favored to beat Argentina

World Cup final is already the biggest ever prediction market as Kalshi bets top $1.27 billion—with Spain favored to beat Argentina

17 July 2026
The AI boom is built on debt, but investor demand plunges just as hyperscalers ramp up bond blitz

The AI boom is built on debt, but investor demand plunges just as hyperscalers ramp up bond blitz

17 July 2026
‘We shouldn’t be playing the game’: athletes sound off as smoke chokes U.S. sports

‘We shouldn’t be playing the game’: athletes sound off as smoke chokes U.S. sports

17 July 2026
Don't Miss
Unwrap Christmas Sustainably: How To Handle Gifts You Don’t Want

Unwrap Christmas Sustainably: How To Handle Gifts You Don’t Want

By Press Room27 December 2024

Every year, millions of people unwrap Christmas gifts that they do not love, need, or…

Exclusive: DeFi platform Azura launches after raising .9 million from Initialized

Exclusive: DeFi platform Azura launches after raising $6.9 million from Initialized

22 October 2024
Sam Altman’s World Wants To Scan Your Eyes To Prove You’re Human

Sam Altman’s World Wants To Scan Your Eyes To Prove You’re Human

22 October 2024
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Latest Articles
Jensen Huang’s jacket sold at Sotheby’s for almost M—and the money is going to young tech builders

Jensen Huang’s jacket sold at Sotheby’s for almost $1M—and the money is going to young tech builders

17 July 20262 Views
Which Cinema Format Is Best For Christopher Nolan’s ‘The Odyssey’?

Which Cinema Format Is Best For Christopher Nolan’s ‘The Odyssey’?

17 July 20263 Views
OpenAI’s CFO: 4 questions that reveal if your AI spend is paying off

OpenAI’s CFO: 4 questions that reveal if your AI spend is paying off

17 July 20263 Views
Flock CEO Apologizes For Calling Activists ‘Terrorists’

Flock CEO Apologizes For Calling Activists ‘Terrorists’

17 July 20261 Views

Recent Posts

  • Why companies are experimenting with cheaper Chinese AI models instead of OpenAI and Anthropic
  • We Just Had The First Humanoid Robot Strike Ever
  • Entering sports ownership gives the rich a ‘very elite and exclusive club’ with great tax benefits
  • Cyclospora Cases Are Rising, But These Stomach Bugs Are Far More Common
  • Jensen Huang’s jacket sold at Sotheby’s for almost $1M—and the money is going to young tech builders

Recent Comments

No comments to show.
About Us
About Us

Alpha Leaders is your one-stop website for the latest Entrepreneurs and Leaders news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks
Why companies are experimenting with cheaper Chinese AI models instead of OpenAI and Anthropic

Why companies are experimenting with cheaper Chinese AI models instead of OpenAI and Anthropic

17 July 2026
We Just Had The First Humanoid Robot Strike Ever

We Just Had The First Humanoid Robot Strike Ever

17 July 2026
Entering sports ownership gives the rich a ‘very elite and exclusive club’ with great tax benefits

Entering sports ownership gives the rich a ‘very elite and exclusive club’ with great tax benefits

17 July 2026
Most Popular
Cyclospora Cases Are Rising, But These Stomach Bugs Are Far More Common

Cyclospora Cases Are Rising, But These Stomach Bugs Are Far More Common

17 July 20262 Views
Jensen Huang’s jacket sold at Sotheby’s for almost M—and the money is going to young tech builders

Jensen Huang’s jacket sold at Sotheby’s for almost $1M—and the money is going to young tech builders

17 July 20262 Views
Which Cinema Format Is Best For Christopher Nolan’s ‘The Odyssey’?

Which Cinema Format Is Best For Christopher Nolan’s ‘The Odyssey’?

17 July 20263 Views

Archives

  • July 2026
  • June 2026
  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • March 2022
  • January 2021
  • March 2020
  • January 2020

Categories

  • Blog
  • Business
  • Entrepreneurs
  • Global
  • Innovation
  • Leadership
  • Living
  • Money & Finance
  • News
  • Press Release
© 2026 Alpha Leaders. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.