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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.

10 Articles

Last week, a Ferrari Luce was sold at auction for 40 million dollars (34.5 million euros) - exceeding to a large extent the expectations of the executive director of the manufacturer, Benedetto Vigna.

·Portugal
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Never before has a new car sold at auction for such a high price as it did at Monterey Car Week in California, hosted by RM Sotheby’s. History was made by a Ferrari, the first example of the Italian manufacturer’s electric model called Luce, which sold for $40 million.

·Budapest, Hungary
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An electric Ferrari for 40 million dollars! A special edition of the superstromer Luce achieved an insanely high price at an auction in Monterey, California. We explain the background.

·Zürich, Switzerland
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TFD broke the news on Thursday, August 20, 2026.
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