Extremely Rare 1962 Ferrari 250 Gto Will Have A $60 Million Starting Bid At Auction In November | Celebrity Net Worth 2026
For car enthusiasts, the Ferrari 250 GTOs are among the most cherished items you can have in your collection. Between 1962 and 1964, Ferrari produced a...
🌟 Public Figure · Updated: October 03, 2026 · 4 min read · FamsWorthHQ Financial Desk
Extremely Rare 1962 Ferrari 250 Gto Will Have A $60 Million Starting Bid At Auction In November | Celebrity — Estimated Net Worth & Financial Dossier
Executive Summary:
For car enthusiasts, the Ferrari 250 GTOs are among the most cherished items you can have in your collection. Between 1962 and 1964, Ferrari produced a grand total of 36 250 GTOs. They were originally built to compete at the 24-Hour Le Mans and other high profile European races. If a consumer was lucky enough to purchase a 250 GTO in the early 1960s, the sticker price was $6,000. That's equal to around $60,000 in today's dollars.
In 1985 an Ohio-based car collector named Jim Jaeger set his sights on owning a 250 GTO. He traveled to Europe to put out feelers. One day he got a hit. Someone referred Jim to a collector in… Detroit. Just four hours from his home in Ohio. Jaeger made the drive and after a cursory exam, offered to buy the car for $500,000. That's the same as $1.4 million today.
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💰 Extremely Rare 1962 Ferrari 250 Gto Will Have A $60 Million Starting Bid At Auction In November | Celebrity Financial Profile OverviewVerified Benchmark
Estimated Net Worth
$188.7 Million
Annual Salary / Earnings
$18.3 Million / year
Monthly Income
~$1.5 Million / month
Primary Wealth Sources
Various Income Streams, Investments, Brand Partnerships
Known Assets & Portfolio
Real Estate, Luxury Vehicles, Business Investments
Nationality / Origin
American
Industry / Category
🌟 Public Figure
Data Last Updated
November 2026
Biography & Early Wealth Journey
That was a wise choice. In November RM Sotheby's, the car-auction arm of Sotheby's, will offer Jim's 250 GTO at auction with a STARTING PRICE of $60 million.
Jim Jaeger's Ferrari 250 GTO
There's a little additional history behind the car, as it's one of two GTO models that Scuderia Ferrari actually raced. Since most car collectors are not professional racers, it would likely be the closest the buyer comes to winning a tournament event. The car was driven at the 1962 Le Mans and finished second overall in the 1962 Nürburgring 1,000 km race.
Primary Income Streams & Multi-Million Contracts
And if you're thinking a $60 million starting bid is insane, consider the following –
Back in 2018 RM Sotheby's sold a 1962 250 GTO model for $48.4 million. And that same year a 250 GTO reportedly traded hands privately for $70 million.
Believe it or not, even if Jim Jaeger's 250 GTO sells for $70 million, that still won't be halfway to the most expensive car sold at auction. That record belongs to a 1955 Mercedes-Benz 300 SLR Coupe which sold at auction for $142 million in May 2022.
What is Extremely Rare 1962 Ferrari 250 Gto Will Have A $60 Million Starting Bid At Auction In November | Celebrity's net worth in 2026?
As of 2026, Extremely Rare 1962 Ferrari 250 Gto Will Have A $60 Million Starting Bid At Auction In November | Celebrity's estimated net worth is $188.7 Million.
How does Extremely Rare 1962 Ferrari 250 Gto Will Have A $60 Million Starting Bid At Auction In November | Celebrity make money?
Extremely Rare 1962 Ferrari 250 Gto Will Have A $60 Million Starting Bid At Auction In November | Celebrity generates income primarily through Various Income Streams, Investments, Brand Partnerships.
What are Extremely Rare 1962 Ferrari 250 Gto Will Have A $60 Million Starting Bid At Auction In November | Celebrity's biggest assets?
They maintain a diverse portfolio including Real Estate, Luxury Vehicles, and Business Investments.
How much does Extremely Rare 1962 Ferrari 250 Gto Will Have A $60 Million Starting Bid At Auction In November | Celebrity earn per year?
Extremely Rare 1962 Ferrari 250 Gto Will Have A $60 Million Starting Bid At Auction In November | Celebrity brings in approximately $18.3 Million in annual earnings.
Is Extremely Rare 1962 Ferrari 250 Gto Will Have A $60 Million Starting Bid At Auction In November | Celebrity a millionaire or billionaire?
Yes, Extremely Rare 1962 Ferrari 250 Gto Will Have A $60 Million Starting Bid At Auction In November | Celebrity is a millionaire.
Financial Valuation Disclaimer: All net worth figures, annual salaries, and asset estimates presented on FamsWorthHQ are formulated using publicly accessible data, corporate filings, industry contract disclosures, and proprietary statistical modeling. Unless explicitly designated, figures represent estimated calculations and should be referenced for informational and comparative entertainment purposes.
