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Meet Herbert Wertheim, the Billionaire Who Paid $40M for Ferrari’s First EV

The winning bid topped the Luce’s $550,000 retail price by more than 70 times, and proceeds will support Ferrari Foundation education programs.

Summary by Observer
Herbert Wertheim turned an ophthalmology business and savvy investments into a $4.7 billion fortune and just spent $40 million on Ferrari’s controversial first EV.

7 Articles

Ferrari Luce, the company's first electric vehicle, already owns it: magnate Herbie Wertheim bought it for US$40 at an auction. The price it reached turned the unpublished specimen into the most expensive new car ever sold at a charity auction, reported in a statement RM Sotheby’s. The auction house announced that all the profits obtained from the sale of the car, whose original value was US$1.1 million, would go to educational initiatives throu…

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It is the American optometrist Herbert Wertheim, collector of models of the Maranello brand. He has just had the chassis number 0 of the polemic Luce, at a charity auction.

·Buenos Aires, Argentina
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TFD broke the news on Thursday, August 20, 2026.
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