Forbes Asia — December 2017

(Jacob Rumans) #1
DECEMBER 2017 FORBES ASIA | 95

ON THE BLOCK

Drive Like


a Billionaire


STEVE WYNN
CEO, WYNN RESORTS
(NET WORTH: $3.2 BIL)
Car: LAFERRARI
Sticker price: $1.4 MILLION
Sale price: $3 MILLION
Added value:
ONLY 499 MODELS
WERE PRODUCED WARREN BUFFETT
CEO, BERKSHIRE HATHAWAY
($80.7 BIL)
Car: 2006 CADILLAC DTS
Sticker price: $41,000
Auction price:
$122,500 (IN 2015)
Added value:
A DASHBOARD SIGNED
BY BUFFETT

HERB CHAMBERS
CEO, THE HERB CHAMBERS
COS. ($1.3 BIL)
Car: 1995 MCLAREN F1
Sticker price: $970,000
Auction price:
$15.6 MILLION (IN 2017)
Added value:
A MODEST 9,600 MILES
ON THE ODOMETER

GIVEN THAT A CAR from Apple is still years away, how
about the next best thing? On December 6, RM Sotheby’s is
auctioning a silver-and-black BMW Z8 once owned by Steve
Jobs. The Apple cofounder purchased the roadster new in
2000—reportedly on the advice of Oracle’s Larry Ellison. At

the time, the car cost $128,000, but the provenance is sure to
add to its auction value. A pre-owned 2000 Z8 typically sells
for between $170,000 and $250,000; Jobs’ car has a presale
estimate of $300,000 to $400,000. Here’s how his iCar com-
pares with other billionaire rides at auction.

TOP TO BOTTOM LEFT: KARISSA HOSEK © 2017 COURTESY OF RM SOTHEBY’S; COURTESY OF NAPLES MOTOR SPORTS; COURTESY OF PROXIBID; COURTESY OF BONHAMS;


BY MICHAEL SOLOMON
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