Watch Ferrari Collector David Lee Present His New Yellow Ferrari Enzo He had established a close relationship with a powerful Southern California Ferrari dealer. RELATED: Here's Why The Ferrari Enzo Is The Hottest Supercar Of The Early 2000s. 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. Most Formula One racing fans wouldnt rate Josh Cartu up with legendary Ferrari driver Michael Schumacher or modern-day Mercedes-AMG Petronas legend Lewis Hamilton. The F50 holds a significant value in the modern era as well, owing to its numbered production of just 349 units. She describes the car, "It's a real work of art: I could spend hours just staring at it.". David Lee Net Worth | Celebrity Net Worth RELATED: McLaren CEO Zak Brown Gives Tour Of His Sports Car Collection. 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. Also Read: With A Net Worth of $600 Million, Check Out Jay Leno's Car Collection Tim Allen's Updated 2023 Car Collection 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. As of January 2023, The estimated net worth of David Lee is more than $70 Million. The 250 GT possessed all the elements of a successful racer. But even a 'cheap' Ferrari F50 is worth more than most houses. Although Chris Evans stint as host onTop Gear was short-lived, in his prior appearances he had already revealed his love of cars and passion for Ferraris. The exterior design of the F50 sported superior aerodynamic capabilities, with its technology prowess further accentuating its blistering performance dynamics. Lee is a member of the Widney Society of USC (a group for million-dollar donors), and he founded the CEO Club, an invitation-only club for Chinese CEOs. He attended the Ferrari driving school and visited the Ferrari factory in Italy. With demand far exceeding the supply, executives at Ferrari count every car in their limited production as a potential purchase for a passionate, loyal, and wealthy enthusiast. 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. This supercar's rarity factor and impeccable engineering cues make it one of the most collectible offerings from Ferrari ever made. The 1967 330 GTS has an estimated value of $3 million. David Lee Net Worth 2023: Age, Height, Weight, Wife, Kids, Bio-Wiki 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. Its cream and black, and I call it my cappuccino.. His ascension to the ranks of the worlds wealthiest people is directly related to this success. Most car shows and historic rally races are built around the idea that the cars must remain uncompromised by modern alterations or additions, even down to retaining the original bolts. Lee also replaced the original V-6 with a new, 3.6-liter V-8 and added a new transmission, brakes, and even a removable holder for his iPhone. 1967 Ferrari 330 GTS Special Mention- 1990 Ferrari F40 His car collection is worth more than $50 million.So without further ado, here are the ten most expensive cars present in David Lee's collection. Here's A Look At David Lee's Massive Ferrari Collection, American businessman who is the Chairman and CEO, McLaren CEO Zak Brown Gives Tour Of His Sports Car Collection, Here's Why The Ferrari Enzo Is The Hottest Supercar Of The Early 2000s, Why We Would Completely Approve If Pagani Built This V12 Huayra Concept SUV, The Car That Inspired The 240Z: The Datsun 2000 Is Back With A Sharp New Design, EXCLUSIVE: This Brand-New Mitsubishi EVO XI Render Gives New Life To The Japanese Compact Sports Car Scene, The Chevrolet Chevelle Makes Its Triumphant Return Digitally, Oh, The Bargains To Be Had At This Supercar Dealership In Dubai, 10 Overrated American Classic Cars We Wouldn't Waste Our Money On. But according to him back then, he wasnt that high up on Ferraris invitation list, like he is now. The performance vehicle had various technological cues that represented the brand's expertise from the tracks of Formula 1 and its purpose-built lightweight construction was uncanny. David Lee is a Chinese-American businessman and Ferrari collector who has a net worth of $150 million. He has already completed the "Big 5" in red, and he is planning to complete the "Big 5" in yellow sometime soon. It was also regarded as the first 200-mph production car in the world. McLaren ended up making 58 units of the track-only P1 GTR. But David Lee continues to campaign. And then there was the time he gave a little preview of his Ferrari Collection on YouTube. The Ferrari 275 GTB/4 is another special machine in David Lees collection. Net Worth & Salary of David Lee in 2023. 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. The cars performance figures were not exactly mind-boggling, but its all-round technological superiority helped extract the best out of its V12 motor. 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. A visit to Ferraris factory in Maranello helps and celebrities seem to get special privileges. Around 2016, David bought the one-off Pagani Huayra 730S Edition from film producer Alejandro Salomon. Collectively, the entire Royal Family owns more than 500 cars that were accumulated over three generations. Drakealso known as OVO, 6God, Champagne Papi, and Drizzyhas more luxury cars than nicknames and hit songs combined. David Lees passion and love for the prancing horse are awe-inspiring. The new Ferrari was a gift from the father of her baby, Travis Scott. The Ferrari Enzo was an important car for the Italian giant, with David Lee being one of the few chosen ones worthy enough to own this masterpiece. This F12 was awesome Perhaps he lost a friendly bet on the golf course: the winner gets to buy one of the others Ferraris. He was 88. Also, owners cannot sell their Ferraris within the first 18 months of taking possession without approval from the automaker. He attended John Burroughs School in Ladue, Missouri, and high school at Chaminade College Preparatory School. Only four 57SC Atlantics were ever built, and only two still exist. The updated 250 GT Lusso was not meant for a racing environment but was capable nevertheless, owing to its superior underpinnings. Hing Wa Lee died of cancer in 2011, and in 2013, David opened a "15,000 square foot state of the art in consumer luxury experience flagship store" in San Gabriel. Special Mention-1990 Ferrari F40. Although it may be a common practice by most car manufacturers, Ferrari executives were not pleased with Harris assertions. Brewer owns over 3,000 units of Middleby stock worth over $1,219,264 and over the last 9 years he sold MIDD stock worth over $612,750. The V-8 engine in Lees Dino now produces 400 horsepower, compared with the 192 horsepower that Ferrari boasted in the original version. Multimillionaire Ferrari collector David Lee had his sights set on aLaFerrari Apertafor $2.2 million. David Lee (investor) - Wikipedia Moreover, Caroline is also the first woman from a Scandinavian country to hold the top-ranking position and 20th in the Open Era. The tubular steel frame of the F40 helped accentuate the cars racing character. Authorized dealer to over 30 brands including Rolex, Audemars Piguet, Omega, Cartier and more. Age, Weight & Height. David Lee entered this world on April 29, 1983, in St. Louis, Missouri, USA. Ferrari Collector David Lee's $35million car collection! The P1 GTR had a 3.8-liter twin-turbo V8 engine working along with an electric motor to produce a combined output of 986 HP and 737 lb-ft of torque. The F40 encompassed an extremely sophisticated personality, with its turbo-charged power-train and superior chassis configuration giving it the aptitude of a racing car. The only exceptions are Formula One drivers but they must pay the full price for their cars. 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. The Pagani Huayra 730S Da Vinci goes from 0-60 MPH in 3.3 seconds and has a top speed of 230 MPH. A Rare Yellow Ferrari F50 Is Anything but Mellow for Jay Leno His collection, stored in a garage. The F50 was created to celebrate Ferraris milestone of 50 years in the automobile industry. He earned a Bachelor of Arts degree in Entrepreneur Studies from the University of Southern California's Marshall School of Business in 1992, then he joined his family's wholesale business, which sold jewelry and imported gemstone carvings. Effort and perseverance have assisted him to achieve success. 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. A social media celebrity and a driver with the celebrated racing team, AF Corse, Cartu impresses fans with his collection of Ferraris. Regardless of the size of your bank account, owning a Ferrari is considered a privilege. 2. A lot of people have them., He began wondering whether he could do something grander, something that would make history. The LaFerrari Aperta has been fitted with a 6.3-liter V12 engine that works along with two electric motors to produce 950 HP and 664 lb-ft of torque. But it is his dozens of iconic Ferraris including an Enzo, an F50 and F40, as well as multiple F12s, 250s, 275s, and 288s that have earned Lee the most notoriety. Ferrari is one of the most recognized luxury supercar brands. Lee is best known for his former role at angel investment firm SV Angel, where he was the managing partner for several years. ABOUT | Ferrari Collector David Lee But a year ago, Lee bought a black 1972 Dino for $260,000 and then spent more than $1 million to update it or outlaw it, as the practice is called among connoisseurs with modern components and bespoke styling cues. The next car on this list is the 1995 Ferrari F50 that David bought at the Gooding & Company auction. The hybrid powerplant produces 950 HP of maximum power and 664 lb-ft of peak torque. Nevertheless, they dont have any children yet. This enthusiast spent $1 million to modernize his Ferrari Dino 3.8-liter twin-turbo V8 and a electric motor. Estimates put the price paid at more than $3.5 million. Ferrari Collector David Lee Net Worth, Income & Earnings (2023) - StarStat A fair-condition example typically goes for $2.65 million, Hagerty reports. David has served on the boards of the USC Marshall School of Business, USC's Lyoid Grief Center for Entrepreneur Studies, Student Philanthropists Advancing Real Change, Asian Professional Exchange, Los Angeles County Sheriff Advisory board, and Los Angeles Chinese Chamber of Commerce. David ended up buying the car from him and achieved his life-long dream of owning a Ferrari 288 GTO. But you can have the cleanest and best Ferrari, or the latest and greatest supercars, and nobody is going to feel anything special.. I thought when I get certain cars, I would be the most happy. As of 2023, David Lee is 39 years old. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. David Lee is an avid Ferrari collector, owning a dozen of the cars from Maranello. david lee net worth - Net Worth The net worth of Ferrari Collector David Lee's channel through 5 Mar 2023. Drakes new LaFerrari also exhibits yellow brake calipers and carbon-fiber body trim.