Ralph Lauren bought a Ferrari 250 GTO for $300,000 which exploded in value by 230x and he even hung it in the Louvre

Ralph Lauren bought a Ferrari 250 GTO for $300,000, and the story became an extraordinary value leap and a museum display. The collector acquired the 1962 Ferrari in the 1980s, when it already carried a multi-million-dollar worth. Over the years, its price trajectory escalated dramatically, with the article noting an approximate 230x increase. The Ferrari 250 GTO is among the rarest models ever made: only 36 were built, and it is described as the sole “250” variant commonly valued in eight figures. Lauren’s example is distinguished by lending the car for a 2011 exhibition at Paris’s Musée des Arts Décoratifs, part of the Louvre, where 17 vehicles from his collection were showcased to highlight design art from the 1930s to 1960s.