An auction for a worn and signed leather jacket from Nvidia Corporation (NASDAQ:NVDA) CEO Jensen Huang was auctioned off, and the final price will surprise many fans and investors.

Jensen Huang Jacket Auction

Huang has become synonymous with the Tom Ford leather jacket these days, often wearing it at events and conferences.

Sotheby’s auctioned off the "Jensen Jacket,’ a jacket he wore in Taiwan that includes an autograph.

Bids were submitted from July 7 through July 17, with a final price of $960,000. The auction house listed a resale estimate of $40,000 to $60,000, meaning the final price paid was 16x to 24x the estimates.