World’s largest Ferrari and Rolex collector - David Lee

Noah Kagan Presents

Noah Kagan

Entrepreneurship, Business

4.7 • 1K Ratings

🗓️ 14 September 2023

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

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In today’s episode, we talk to David Lee, the CEO and Chairman of Hing Wa Lee Jewelers, and he’s also known for having one of the biggest Ferrari collections in the world.

David was born in Hong Kong and moved to the US in the 70’s. His family's history and immigration story is like something out of the movies, with his father escaping the communist revolution in China, crossing shark infested waters to founding a 60 year old family company.

David pivoted the family business from wholesale to retail, introducing iconic brands like Rolex. Then his incredible passion for collecting led him to explore the world of alternative investments with high-expense items like Ferraris.

Check out David on Instagram and Twitter @ferraridavidlee

If you’ve ever wanted to learn about the glamorous life of a Ferrari collector, you’ll love this episode.

In this conversation, you’ll enjoy 3 BIG things:

How David used his cultural and racial challenges in immigration to solve business problems.
Unique expressions of love within Chinese families that help their kids future wealth.
David 5 star principles to success.

Enjoy those 3 things… plus a bunch more ear nuggets along the way.

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Transcript

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0:00.0	Purchase's material things are great or good but they're temporary enjoyment,
0:04.8	the temporary satisfaction.
0:06.1	They're not an eternal satisfaction.
0:08.6	Changing lives, seeing lives change, seeing their quality of life being better, and it brings a lot of joy to see
0:14.3	people just better their lives. That's actually more enjoyment for me than
0:17.9	buying stuff.
0:20.9	What is up you six you bastards it is your boy King Tappas, aka Rabbi Can't Lose, aka Noah Kagan.
0:27.0	Before I tell you who the guests is, I love you guys. I love that you listen to the show. I love making the show.
0:31.0	I get to meet interesting people, share their also share my own business adventures to help you get inspired in your own business journey have a lot of fun out there
0:38.9	Thank you. That's it. Love you guys in today's episode. talked to David Lee, the CEO and chairman of
0:45.0	Hingwa Lee Jewelers. I stumbled across David many many years ago on
0:49.4	Instagram because he has the biggest Ferrari collection in the world.
0:53.2	And I was curious about his backstory about his Ferraris and he has a ton of Rolexes.
0:57.7	He's got one of the largest Rolex dealers in the world.
1:00.8	I think they're exclusive one out in LA.
1:02.4	It turns out that his family has an insane story. in the world I think they're exclusive one out in LA.
1:03.0	It turns out that his family has an insane story that really should be made into a movie.
1:07.0	His father escaped the communist revolution in China
1:10.0	by swimming across shark infested waters to founding a 60 year old family
1:14.5	company making jewelry and eventually coming to America. This is basically
1:18.0	the Chinese Eddie Murphy but with more cars and Rolex's it's an amazing story and
1:22.0	I'm really grateful that David came and shared it. Here's three
	...

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