Vintage Autos

A Car Obsessive Who Spent $1 Million to Update an Infamous Ferrari

The Dino, a long-derided sports car from the famed Italian institution, gets a new lease on life from millionaire David Lee.

David Lee's restored Ferrari Dino on April 13, 2018.

Photographer: Emily Berl/Bloomberg

David Lee, owner of the $300 million watch and investment empire Hing Wa Lee Jewelers, also owns more than $50 million worth of the world’s rarest cars.

His collection, stored in a garage underneath a nondescript shopping plaza 40 minutes outside downtown Los Angeles, includes models from Rolls-Royce, Pagani, Porsche, and Mercedes-Benz. But it is his dozens of iconic Ferraris—including an Enzo, an F50, an F40, as well as multiple F12s, 250s, 275s, and 288s—that have earned Lee the most notoriety.