ferrari collector david lee net worth

This supercar's rarity factor and impeccable engineering cues make it one of the most collectible offerings from Ferrari ever made. Kay says he lives and breathes cars. The F40 housed a 2.9-Liter V8 capable of a maximum power output of 478 hp at 7,000rpm and a torque of 462 lb-ft that made its presence felt at 4,000rpm. Follow. It was also regarded as the first 200-mph production car in the world. Your email address will not be published. He also has a thriving real estate portfolio, which Forbes values at $350 million. My talent, and hence my enthusiasm for experimenting with colors and new techniques, are my engine., Cornelia is passionate about another type of engine: the one that powers a Ferrari. Bio, Age, Wife, Is Jalen Carter in Jail? That said, Lee is hardly the first to outlaw a special car. Ceno contends that acquiring a car like the LaFerrari isnt easy and usually requires a long relationship with a Ferrari dealer as an absolute minimum. This is another one of the "Big 5" cars he owns in both red and yellow. Check out his Personal Life with Professional Career! I wanted to own something that is not what money can buy.. The red Ferrari F50 he owns is a roadster, and so it has a soft top so that the driver is able to hear the V12 engine better. In 1993 I thought when I get certain cars, I would be the most happy. Only 210 units of the LaFerrari Aperta were produced, and the original selling price of the LaFerrari Aperta was around $2 million. What Is David Lee's Net Worth? What Is David Lee's Net Worth? He is among a select group of people who own all the Ferrari halo cars from the past couple of decades. He purchased his limited edition 458 Speciale Aperta and LaFerrari on a visit to Maranello in 2015. David Lee was born David SK Lee on October 21, 1969, in Hong Kong, China. The company has attempted to collect the debt several times but Tyga refused payment, so now theyre suing him for the full amount plus attorney fees along with interest. Hing Wa Lee Plaza featured the Hing Wa Lee Jewelers 11,000 square foot anchor store, which offered the country's largest selection of jewelry, watches, and accessories. One foot on the brake and one on the gas, hey! Performance & security by Cloudflare. A Ferrari is special in every sense, and to have the privilege of owning almost the entire lineage of the iconic Ferrari brand is truly mesmerizing. 10. Davids 330 GTS is black in color, and it is one of 100 built. Your IP: While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. According to documents obtained by tabloid news website TMZ, a rental car company claimed Tyga leased a 2012 Rolls-Royce Ghost and a 2012 Ferrari 458 Spider back in 2016 but stopped making payments before the lease ended. He has more than 700,000 followers on his ferraricollector_davidlee Instagram account. According to Super Car Blog, parked in Lees massive garage is a Ferrari 288 GTO, F40, F50, and Enzo. The 1985 Ferrari 288 GTO was David Lees dream car since he first saw it on the cover of Road & Track magazine. He also owns the shopping center that is home to his businesses. February 27, 2023 endeavor air pilot contract No Comments . David Lee owns around 30 cars, which isnt a lot compared to other high-end car collectors, but what separates him from everyone else is the quality of each car present in his collection and the fact that he is always willing to share his passion for car collecting with everyone else. A request for comment from Ferrari returned an emailed statement saying that, while Ferrari brass arent aware of the specifics of Lees Dino, It is worth noting the importance of authenticity in the classic car market. Ferrari also frowns upon after-market modifications. Even for the purchase of a higher-production model, Ferrari often demands to see a history of ownership before allowing customers to buy a new one. 2023 Celebrity Net Worth / All Rights Reserved. According to Super Car Blog, parked in Lee's massive garage is a Ferrari 288 GTO, F40, F50, and Enzo. Bio, Age, Movies. But you can have the cleanest and best Ferrari, or the latest and greatest supercars, and nobody is going to feel anything special.. 2. A social media celebrity and a driver with the celebrated racing team, AF Corse, Cartu impresses fans with his collection of Ferraris. What if it looked like it did beautiful but had more power?. He is 40 years old as of 2023 and his sun sign is Taurus. The Hing Wa Lee Group consists of Hing Wa Lee Jewelers, David Lee Jewelers, Collectible Exotic Motors, HWL Development & Real Estate Holdings Co., HWL Entrepreneur Investment Co., Phoenix Magazine, and Ootoro Sushi. David SK Lee (born October 21, 1969) is famous for being business executive. David opened Ootoro Sushi next to Hing Wa Lee Jewelers in Walnut, and a 2014 "Huffpost" article called it "one of the best sushi restaurants in California." The company had a clause in the sales contract of the limited production LaFerrari Aperta giving Ferrari the right to buy back the car if the owner decides to resell it within 18 months of its purchase. The car holds a special place at the prestigious Concorso Ferrari event, being the favorite pick in the class of 150 cars. His contract deal paid him $79.54 million over six years. 7. His passion for investing and cars lead him into the world of car collecting. According to Forbes and industry experts' latest study, Ferrari Collector David Lee estimated net worth is more than a couple of million USD. The 1964 Ferrari 250 Lusso Competizione has a naturally aspirated 3.0-liter V12 engine that produces 295 HP and 246 lb-ft of torque. Something that would be only for him. And pristine ones, with original paint that lets the carbon weave show, are worth over $4 million. To celebrate 20 years since their victory at the 1995 24 Hours of Le Mans, McLaren announced that they would be bringing back the GTR name by making a track-only version of the P1. He calls it a Monza 3.6 Evo. David Lee is a former American professional basketball player. How many Ferraris does David Lee have? The estimated value of the Ferrari F40 is around $2.5 million. He and his father, the Sultan of Johor, Malaysia, have a car collection that reads like the inventory list of a large exotic car dealership. Lee is among a handful of car collectors who can boast theyve owned all five halo cars from Ferrari. His collection includes more than 30 Ferraris, several of which are worth $1-3 million on their own. With the collection home to five generations of Ferraris, it includes some of the most exquisite masterpieces that have helped shape Ferraris iconic brand image to what it is today. You havent made the grade; you didnt get the A on the report card. This car is one of the most sought-after Ferraris of all time, and it is definitely the crown jewel in David Lees car collection. Singer Vehicle Design perfected the business side of it years ago when it started restoring Porsche 911s to the tune of $600,000 and up, taking cues from prolific private individuals who outlawed classic cars for years before. The Ferrari Enzo has a naturally aspirated 60.0-liter V12 engine that produces 651 hp and 485 lb-ft of torque. David Lee is a multimillionaire and perhaps one of the most high-profile Ferrari collectors. Its overall character represented the world of Formula 1 like no other, and the car housed an exquisite F1-style construction that mainly comprised composites. The car strictly represented the functionality aspect of the machine, with its exquisite engineering and minimal equipment list working in tandem to make the Enzo as light on its feet as possible. Please go back to portrait mode for the best experience, With A Net Worth of $600 Million, Check Out Jay Lenos Car Collection, Check Out The 10 Most Valuable Cars In Ralph Laurens Car Collection Worth $300 Million: 2023 Update, Check Out Pink Floyd Drummer Nick Masons Updated 2023 Car Collection Worth More Than $70 Million. While this principle may be valid for many businesses, it is often not the case for the exclusive group of Ferrari VIP owners. David sk lee net worth. Its how collectors protect the value of their investment, after all: The cars have to be able to be identified as authentic. Lee's wife, Katherine, runs Brilliant Realty, David's residential and commercial real estate agency. Once a month he hosts a Ferrari and car collector event at the Rose Bowl, and some 400 car owners usually attend. These standards mean that its not the buyer who chooses to purchase a new Ferrari; Ferrari must choose the buyer. You're welcome to join me. At another was the Ferrari F1 race car driven by Michael Schumacher, which Lee said was worth $3 million. Unlike most of the Ferraris on this list, the 288 GTO has a turbocharged 2.9-liter V8 engine, which produces 400 hp and 366 lb-ft of torque. Evans later gave five fans a ride in his LaFerrari as he piloted it around the Top Gear test track for a fee of nearly $1,700 (donated to a local charity, of course). But I started to get tired of it. Potential owners face strict rules and restrictions. Is Castle Star Nathan Fillion Married Now? Instead of trying to articulate the feeling, Lee lets Leno get behind the wheel of his $1.4 million 2014 Ferrari LaFerrari to . Ferrari often demands to see a history of ownership before allowing customers to buy and an established relationship with a local dealer is a must. Enes Kanter is a Swiss-born American athlete who has made a net worth of nearly $55 million playing regularly for around eleven years in the NBA. David Lee in the passenger seat of an F50 (Credit: darylchapmanphotography). An established relationship with a local dealer is a must. The multimillionaire watch and jewelry entrepreneur already owns a garage full of Ferrarismany bought directly from the factoryas part of his $50-million car collection. Ferrari F430 For Sale Check out the video below for over 10 minutes of touring . If employees could use their employee discount to purchase a new car, then clients would have to wait for months or years to get their modelfor which they pay list priceand it would reflect poorly on the company. The maker of the most famous sports cars in the world, Ferrari promotes the exclusivity of their vehicles by using several criteria to limit the purchase of their automobiles. David Lee Net Worth and Salary: David Lee is a retired American professional basketball player who has a net worth of $40 million. The Ferrari F50 is also the first Ferrari road car to be fitted with a carbon-fiber chassis. Lee has the Ferrari Enzo in both red and yellow. David Lee was born in St. Louis, Missouri in April . Moreover, Caroline is also the first woman from a Scandinavian country to hold the top-ranking position and 20th in the Open Era. The Ferrari 250 GTO is the "Holy Grail" for car collectors. He owns two Ferrari F50s and two F40s. Since then, its value has increased a lot and is rumored to be worth more than $3,000,000. 1995 Ferrari F50 The next car on this list is the 1995 Ferrari F50 that David bought at the Gooding & Company auction. David Lee is known for his Ferrari collection, which is said to be worth approximately $50 million and notably includes dozens of extremely valuable Ferraris. Prices for the F50 have skyrocketed over the past few years, and according to Hagerty reports, an F50 in excellent condition with original paint that reveals the carbon weave is estimated to be worth anywhere from around $3,500,000 - 4,000,000. The Italian automaker handpicks who will have the honor of driving its prestigious cars. Bio, Age, Net Worth 2023, What is Steve Howey Net Worth 2023? David became somewhat internet-famous thanks to his otherworldly collection of Ferraris. The car could go from 0-60 MPH in 2.4 seconds and had a top speed of 225 MPH. David had initially bought the 1971 365 GTS/4 Daytona Spyder in silver as part of his classic open-top Ferrari collection, which also included the 1965 250 GTS, 1967 330 GTS. He also owns the shopping center that is home to his businesses. David Lee's $50 Million Worth Ferrari Collection. But these are mere playthings compared to Lee's collection of classic Ferraris, which is rumoured to be worth more than US$50million. Bill Ceno has owned four limited-edition Ferraris which he purchased second hand. The 1967 330 GTS has an estimated value of $3 million. But there's no other way to get into the queue.. The privilege of owning even a single Ferrari is unparalleled, but a garage housing $50 million worth of them is almost otherworldly. But then David ended up selling the car back to him. The horsepower of the P1 GTR was 83 more than the standard P1. David Lee holds American citizenship as of nationality. 1.1M followers. All net worths are calculated using data drawn from public sources. Copyright 2023 Endgame360 Inc. All Rights Reserved. He has a passion for automobiles and has written hundreds of published articles on every facet of the automobile industry. Only 300 Ferrari 250 GT Lusso models were produced, and only three of them were given the "Competizione" designation. A 1964 250 Lusso Ferrari in the garage of private car collector David Lee in California. His modified Dino is not super-fast, but it is quicker and drives more precisely than the original. His garage holds models ranging from the 288 GTO to the latest LaFerarri, with a lot of others in between. It is unlikely the company will ask Harris to purchase any new limited-edition vehicles. The updated 250 GT Lusso was not meant for a racing environment but was capable nevertheless, owing to its superior underpinnings. Likewise, David Lee has also managed to create quite a stir in the world of exotic car collections with his passionate and truly awe-inspiring take on Ferraris. RELATED: McLaren CEO Zak Brown Gives Tour Of His Sports Car Collection. The Pagani Huayra 730S Da Vinci goes from 0-60 MPH in 3.3 seconds and has a top speed of 230 MPH. David spent a long amount of time trying to be one of the few privileged Ferrari customers who were going to be invited to buy the Ferrari LaFerrari Aperta in 2016. Regardless of building a reputation amongst Ferrari enthusiasts with his online videos, Harris from driving the brand's cars for several years. Collectively, the entire Royal Family owns more than 500 cars that were accumulated over three generations. One wonders if Scott is also on Ferraris VIP list or did Ferrari approve the purchase knowing the car was going to Jenner? seven-speed single-clutch sequential gearbox. 1972 Ferrari 365 GTS/4 Daytona Spyder In the early 2000s, Governor Gray Davis appointed Lee the Commissioner of California's Small Business Reform Task Force, which was established to "identify problems and ideas from the small business community concerning the regulation, communication and assistance of state government with small business" as part of the Small Business Regulatory Reform Act of 2000. A mid-17th century English proverb states, Money Talks, meaning that money can be of great power and influence compared to promises or words alone and that if you want someone to let you into a club, give them some money. The cars performance figures were not exactly mind-boggling, but its all-round technological superiority helped extract the best out of its V12 motor. I worked 7 days a week for the first 3 years. Furthermore, he owns more than $50 million in rare vehicles around the world. 10. After getting involved with Hing Wa Lee Jewelers, which is one of "North America's most prominent luxury retailers," Lee convinced his father to start catering to Southern California's Chinese population. It started 7 years ago and has 130 uploaded videos. Jeff has also written a book about a two-year experience as a volunteer living in Italy. The tubular steel frame of the F40 helped accentuate the cars racing character. David is the eldest son of Hing Wa Lee and Chui Ling Fung, and when he was 9 years old, his family moved to Whittier, California. This website is using a security service to protect itself from online attacks. Also Read: With A Net Worth of $600 Million, Check Out Jay Leno's Car Collection Tim Allen's Updated 2023 Car Collection The only exceptions are Formula One drivers but they must pay the full price for their cars. I was the sales manager, purchasing, marketing, and accounting staff. It features antiques dating back to 1890s and the latest models and luxurious exotic vehicles. Ferrari executives seemed to be impressed with his accomplishments and his appetite for Ferraris, as well. David Lee Net Worth and Salary: David Lee is a retired American professional basketball player who has a net worth of $40 million. Apart from acting as a business leader and philanthropist, David is also the proud owner of some of the rarest and most exorbitant Ferraris the world has ever seen. Estimates put the price paid at more than $3.5 million. There he played for coach Billy Donovans Florida Gators basketball team from 2001 to 2005. 2016 McLaren P1 GTR You've recently become very active on social media. David Lee seemed to be the ideal candidate for Ferrari's exclusive VIP list of individuals invited to purchase their limited-edition supercars. In 2011, Chris Harris wrote a less than complimentary blog post for Jalopnik entitled How Ferrari Spins. In the article, he claimed that Ferrari optimized test cars to ensure excellent results in magazine performance tests. David Lee is a Chinese-American businessman and Ferrari collector who has a net worth of $150 million. David Lee's Contract In addition, he signed and traded to the Golden State Warriors on July 9, 2010. His collection boasts an incredible mix of rarity and unmatched exorbitance. It's not known if any other collector in the world owns TWO! His collection features an F12tdf painted in Bianco Fuji and a Grigio Silverstone LaFerrari, among others. 9. While many car collectors employ specialists to manage their collection and search for investment opportunities, Kay does it all himself, reading car magazines religiously. When was Misty Copeland married? Required fields are marked *. His Ferrari collection includes a 2013 FF, a 1986 Testarossa, a 2012 GTO, a 2011 458 Italia, a 2013 599 Aperta, an F12 Berlinetta, and others. Lee took Best of Show at Pebble Beach in 2006 with his 1931 Daimler Double-Six 50 Corsica . Its cream and black, and I call it my cappuccino.. Who is the Current Spouse of Betty White? You can email the site owner to let them know you were blocked. An avid and serious collector though, Lee probably won't be getting rid of the one-of-a-kind example anytime soon. It was one of the fastest GTs on the road during the 1960s. Well, there's too much traffic, I can't pass, no! Who is Misty Copelands Husband? But David Lee continues to campaign. A total of 272, 288 GTOs were produced for the homologous cause. ABOUT | Ferrari Collector David Lee Elements of Success are Work Hard, Perseverance & Integrity. Special Mention-1990 Ferrari F40. Traditionally, collectors of high-end cars have gone to the ends of the Earth to protect the exact specifications of the original specimen. Order-taking will start this summer. Regardless of the size of your bank account, owning a Ferrari is considered a privilege. The Parade magazine also named her a first-team high school All-American. If you have information about Ferrari Collector David Lee's exact income and audience by country, please share it with us. . For limited edition models, the buyer requirements are even stricter. As of 2022, David SK Lee's net worth is $100,000 - $1M. Because the automaker produced only 200 examples of this rare car, the enthusiast had tobreak the rulesto purchase one. When I was 29, I bought a Diablo VT, but it was always in the shop, Lee says during an interview in Los Angeles. 2017 Ferrari LaFerrari Aperta Furthermore, in February of this year, she took possession of a new $1.4 million LaFerrari after delivering her baby girl. Presently, David has an estimated net worth of $61.3 million as of 2023. He owns every single model that Ferarri considered a "super car" produced between 1985 and the present. Business executive who has worked as Chairman & CEO of Hing Wa Lee Group. The 365 GTS/4 Daytona Spyder has an estimated value of $3,500,000. Way to get here was not at all a simple task. Also known as "Ferrari Collector David Lee," he is the CEO and Chairman of the Hing Wa Lee Group, which was formerly run by his father. However, he retired announcing his retirement on November 19, 2017, on Instagram. $2.1 million is his salary. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[468,60],'starstat_yt-medrectangle-4','ezslot_5',113,'0','0'])};__ez_fad_position('div-gpt-ad-starstat_yt-medrectangle-4-0'); Here are the stats for the last two weeks, separated by days.