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$40 million latest gesture by inventor and investor Herbert Wertheim raises his philanthropic giving towards the middle nine figures
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$40 million latest gesture by inventor and investor Herbert Wertheim raises his philanthropic giving towards the middle nine figures

At Monterey Car Week, inventor, and longtime Apple investor won the first-ever Ferrari Luce Chassis 0 at RM Sotheby’s for $40 million—more than 36 times its estimate.

Sotheby’s waived the buyer’s premium, so every dollar goes straight to the Foundation’s education work.

It’s not Wertheim’s first big swing.

In 2025 he bought a one-of-one Daytona SP3 the same way for $26 million, bringing his two-year total through these auctions to $66 million.

The funds will help support M-TECH Alfredo Ferrari, a technical education campus opening in Maranello in 2029, along with STEM and technical-training programs worldwide—a natural extension of Enzo Ferrari’s own belief in investing in young talent.

This continues a much larger pattern of Wertheim’s giving.

By 2026, Wertheim had already directed more than $300 million to higher education in Florida alone.

His broader lifetime philanthropy—spanning education, health, and research, and including major gifts in California plus the recent $100 million to Baptist Health South Florida—totals well into the hundreds of millions.

Photo: Philanthropist Herbert Wertheim with Lifestyles Magazine/Meaningful Influence founder Gabriel A. Erem

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