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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

This collection of supercars just set auction records

By Ryan Daly
August 14, 2015, 2:11 PM ET
2013 Geneva Auto Show
GENEVA, SWITZERLAND - MARCH 06: The Ferrari logo is seen during the 83rd Geneva Motor Show on March 6, 2013 in Geneva, Switzerland. Held annually with more than 130 product premiers from the auto industry unveiled this year, the Geneva Motor Show is one of the world's five most important auto shows. (Photo by Harold Cunningham/Getty Images)Photograph by Harold Cunningham—Getty Images
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A private collection “of the greatest and most iconic European modern supercars” brought in $67m at the RM Sotheby’s auto auction Thursday in Monterey, California. The sales proved to be the greatest private collection sold in a one-day auction ever.

The pinnacle collection, as Sotheby’s writes, is “simply put, a rare collection of automotive distinction.” The 25 vehicles put up for auction included Lamborghini’s, Ferraris, Porches, Bugatti’s, and many more top-tier supercars.

The top 5 performing cars on the auction floor of the pinnacle collection sold for $44m including iconic cars such as the 1964 Ferrari 250 LM, 1998 McLaren F1 ‘LM-Specification,’ 2005 Ferrari Enzo, 1994 Ferrari F40 LM, and a 1967 Ferrari 275 GTB/4.

The most iconic #supercar of the modern era, the 1998 McLarren F1 'LM Spec' sells for $13.75m #pinnacleportfolio pic.twitter.com/gz1HPHy0t0

— Sotheby's (@Sothebys) August 14, 2015

The 1964 Ferrari 250 LM led the race, however, scoring a record-setting $17.6m sale. The Pope John Paul II Ferrari sold for $6.1m, as well–that’s right, the Pope owned a 2005 Ferrari Enzo, and not only that, but it was the 400th and final Enzo built.

Tonight's @rmsothebys #pinnacleportfolio sale in Monterey was led by the $17.6m, record-setting 1964 Ferrari 250 LM pic.twitter.com/g03oyl3VRN

— Sotheby's (@Sothebys) August 14, 2015

“Bonhams set the previous record for the category last year at $66 million in a sale that included a $38.1 million Ferrari 250 GTO Berlinetta, the highest price ever for a car sold publicly,” notes Bloomberg Business.

 

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