The Cult of Celebrity: What's Behind the $960,000 Leather Jacket Frenzy? The recent sale of a Tom Ford leather jacket previously worn by Nvidia co founder and CEO Jensen Huang has left many perplexed.
Almost $1 million for a piece of worn clothing may seem absurd, but it is precisely what happened when an anonymous bidder paid a staggering sum to own a slice of tech celebrity history.
The buyer likely thought they were investing in a valuable collectible, but in reality, they've purchased something much more mundane: a status symbol.