Mark Zuckerberg's gold chain sold for over $40,000 at auction
What's the story
A gold chain once owned by Meta CEO Mark Zuckerberg created ripples at an auction, with the winning bid exceeding $40,000 ($40,500 to be precise). The 6.5mm Cuban necklace, made in gold vermeil, was part of a one-of-a-kind fundraising effort to support Inflection Grants. The initiative sought to empower people with creative and potentially life-changing ideas.
Auction insights
Chain's backstory and auction details
The auction listing revealed a backstory that Zuckerberg donated the chain after hearing about the Long Journey charity poker tournament, which supports Inflection Grants. The fact that the chain was worn by Zuckerberg during his "new style experiments" only added to its appeal. Touted as a "timeless piece," it gave bidders a "once-in-a-lifetime opportunity" to own a piece of Zuckerberg's personal history.
Extra perks
Winning bidder to receive personal video from Zuckerberg
Along with the chain, the winning bidder is also said to get a personal video from Zuckerberg certifying the chain's authenticity. The video will act as a congratulatory message, celebrating what the listing calls "the legacy of this piece of jewelry." This one-of-a-kind keepsake likely further stoke interest in the auction.
Twitter Post
X user named @eternalblad3 won the bid
I won the
— near (@nearcyan) December 12, 2024auction for mark zuckerberg's gold chain with a final bid of $40,500 on behalf of @eternalblad3!
how I won so easily: I opened the website in two windows, one with a bid of X and one with a bid of X+11N where N is the min tick. submitted first with 3s left (decoy!),… pic.twitter.com/l3lQxeY6AL
Philanthropic cause
Auction proceeds to fund 'magically weird' projects
The money raised from the auction will go toward Inflection Grants, a philanthropic program that gives $2,000 micro-grants to people working on "magically weird" projects or passions. The grants are meant to spark creativity and allow ideas that may not otherwise get conventional funding.