Somebody paid nearly $1 million for Nvidia CEO Jensen Huang’s leather jacket. Is it the new Steve Jobs black turtleneck?

Huang has joined the list of tech moguls whose hand-me-downs go for thousands of dollars at auction.

[Photo: Kiyoshi Ota/Bloomberg via Getty Images]

At nearly $10,000 a pop, Tom Ford leather jackets are already pricey. But put one on a tech CEO, and its value will soar even higher—almost a million dollars higher, apparently.

Earlier this month, a black leather jacket owned by Nvidia CEO Jensen Huang went up for auction at Sotheby’s. The auction house estimated its value as between $40,000 and $60,000, already an eyebrow-raising price tag. But when the jacket actually sold, it blew that estimate out of the water: After 65 bids, the so-called “Jensen Jacket” went for $960,000.

Huang is........

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