Revealed: The Enigmatic Billionaire Who Bought One-Off Ferrari Daytona SP3 for $26 million
in Auctions, Daytona SP3, Ferrari News
One of the most coveted modern Ferraris ever built, which sold for $26 million during RM Sotheby’s Monterey Car Week sale to make it the most expensive contemporary car ever auctioned, was bought by a self-made American billionaire renowned for making shrewd investments and his generous philanthropy. His record-breaking bid will go to the Ferrari Foundation, funding education and rebuilding projects.
The man behind the purchase? Herbert ‘Herbie’ Wertheim, whose life story reads like an American epic. Known to friends as “Dr. Herbie,” Wertheim – who always wears a bright-red fedora – is an optometrist, inventor, philanthropist, and investing legend estimated to be worth up to $5 billion, depending on his charitable donations.
Part of Ferrari’s exclusive Icona Series, the Daytona SP3 was limited to 599 examples worldwide, but this one-off ‘Tailor Made’ commission stunned the automotive world – chassis ‘599+1,’ finished in a striking two-tone carbon-fiber and Giallo Modena livery. With delivery mileage and an unprecedented level of personalization, the car commanded a price higher than many seven-figure classics.
From Troubled Youth to Visionary Inventor
Born in Philadelphia at the end of the Great Depression, Wertheim ran away from home as a teenager, working odd jobs like picking oranges in Florida and even living with Seminole Indians in the Everglades. At 16, he stood before a judge on truancy charges and was given a choice: State reformatory or military service. He chose the U.S. Navy at 17, a decision that reshaped his life.
While serving in naval aviation during the Cold War, Wertheim began investing. His first stock purchase, Lear Jet, came from his Navy stipend, and he went on to meet aviation pioneer Bill Lear in person. That early exposure to technology and industry ignited a lifelong passion.
After the Navy, Wertheim studied physics and chemistry, worked as a NASA engineer at Cape Canaveral, and eventually earned a scholarship to study optometry. In 1969, he invented an eyeglass tint for plastic lenses that filtered harmful UV rays, helping prevent cataracts.
By 1970, he founded Brain Power Inc. (BPI), which went on to hold more than 100 patents and copyrights in optical technology.
A Billionaire Who Played the Long Game
https://youtube.com/watch?v=AtZCt_sxVtk%3Ffeature%3Doembed%26enablejsapi%3D1%26origin%3Dhttps%253A%252F%252Fnews.dupontregistry.com
Unlike Silicon Valley moguls or Wall Street icons, Wertheim’s fortune didn’t come from a single IPO windfall. Instead, he built it patiently through decades of disciplined investing. He bought and held shares of companies like Apple, Microsoft, GE, Google, BP, and Bank of America long before they became household names, according to Forbes.
His single greatest investment remains Heico, an aerospace parts manufacturer. Wertheim purchased a stake in 1992, worth about $5 million at the time. Today, his position exceeds $800 million, making him Heico’s largest individual shareholder.
A Life of Luxury, Purpose, and Giving
Wertheim’s portfolio afforded him an enviable lifestyle, and he has been described as one of the most successful individual investors of his generation. Yet his wealth is balanced by philanthropy. Having donated more than $100 million to Florida’s public universities, Wertheim also signed Bill Gates and Warren Buffett’s ‘Giving Pledge’, committing to donate at least half his fortune – most of it toward education.
The Ferrari Collector’s Dream
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The purchase of the Ferrari Daytona SP3 ‘599+1’ is more than just a collector’s trophy for Wertheim. It represents the same vision that defined his investments: spotting timeless innovation and believing in the value of rarity and craftsmanship, and donating his wealth to education and rebuilding projects.
Like his stock portfolio, the Ferrari is built on the principle that some creations – whether a transformative technology or a bespoke supercar – transcend market cycles. For collectors, it is yet another reminder that at Monterey Car Week, history isn’t just celebrated – it’s bought and driven home.
Off-Road Meets Luxury: The Best Mercedes-AMG G-Wagons For Sale Today
in Features, For Sale, Top Lists
One of the longest-running models from one of the most historic brands in the entire automotive industry, the Mercedes-Benz G-Class is an undeniable legend of a vehicle. Known for its unparalleled off-road ability, as well as looks that today have become head-turning, unique, and a tried-and-true favorite for those who want to drive something with glitz and glamor, the G-Wagon is something special and certainly something that’s hard not to love.
View All Mercedes-Benz G-Class For Sale
What is the Mercedes G-Wagon price?
Especially if you’re looking for a used Mercedes G Wagon, that’s a question that depends on quite a few factors. The Mercedes G-Wagon starting MSRP of $139,900 is what you can expect if you want to buy a 2023 Mercedes G Wagon for sale that’s brand new, but as far what a used one would go for, there are decades worth of different models, powertrains, and specs to choose from. Examples of the rare cabriolet model can fetch prices well into the six figures, and if you want the performance-enhanced Mercedes-AMG G 63, that is sure to come at a premium as well. Those are just a couple of examples of different G-Wagons you can find on the market.
What is the best Mercedes G-Wagon to buy?
While the Mercedes-Benz G-Class is quite clearly a large body-on-frame 4×4, the different versions of it that have been made are quite versatile within that space. Therefore, the best G-Wagon to buy is the one that best suits your needs. If you’re looking for the ultimate off-road companion, the 4×4 Squared model could well be the best G-Class for you, while those who are looking for extra performance might be better suited to the Mercedes-AMG G 63 4×4 Squared. However, buyers who want to take the notorious luxury factor of the G-Class to the max will surely want to get their hands on the rare examples of G-Wagons that the ultra-luxury Mercedes-Maybach division got their hands on.
What are the Mercedes G-Wagon most popular colors?
Especially among most cars on the road today, the Mercedes-Benz G-Class is quite the head-turner, even with its increasing popularity. Plenty of owners like the attention-grabbing factor of the G-Class, and have theirs outfitted with paintwork that is beautiful and just as unique as the car itself. Plenty of the most popular colors for the SUV come from the premium Designo line of finishes, like Designo Yello Olive Magno or Designo Night Black Magno, but classic colors like Rubellite Red, Polar White, Brilliant Blue Metallic, Mojave Silver, Obsidian Black, and Emerald Green are also popular and beautiful choices, which are still sure to attract plenty of attention from passers-by.
View All Mercedes-Benz G-Class For Sale
2014 Mercedes-Benz G63 AMG 6×6
2023 Mercedes-AMG G63 – Brabus Edition
2016 Mercedes-Benz G63 AMG
90s Cars For Sale: Own A Piece Of Nostalgia & History
by Emet Evjen
The internet may have been slow, but the cars definitely weren’t.
The 1990s are one of the world’s favorite decades for a throwback, even for people who never lived through them, and this couldn’t be more true than in the case of car enthusiasts. The 90s gave us some of the most legendary cars of all time, in plenty of different categories. There’s a high standard when it comes to the best 90s cars, because as a whole, 90s sports cars are some of the best cars ever.
When it comes to rally cars, luxury cars, sports cars, and supercars, the best 90s cars to buy come in all shapes and sizes. Racing legends, sporting classics, and true cultural icons were born in this decade, and many classic 90s cars made such a big impact that they are still talked about, referenced, and remade today. There’s too many to choose from, but yet still we picked out our favorite cool 90s cars that you can buy today, because we know you’ll feel just as much nostalgia as we do.
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