March 23, 2024
Ferrari Collector David Lee on His Rolex Daytona, the Perfect Martini, and His Newest Prancing Horse
While most youthful infatuations rarely lead to long-term relationships, there’s always the exception. Just ask David Lee , who never forgot the feeling of that love-at-first-sight sucker punch—though his heart’s desire was not for a person but for a 1985 Ferrari 288 GTO. “The model debuted when I was in high school, and I fell in love with it but never dreamed I could own one,” says the 57-year-old bon vivant, who’s regarded as one of the foremost Ferrari collectors. The son of a world-renowned gemstone craftsman, Lee graduated from USC’s Marshall School of Business with a degree in entrepreneurial studies, then began working for his father’s namesake atelier. Now CEO of the Hing Wa Lee Group, he has spent more than three decades selling high-end jewelry and timepieces and has a real-estate portfolio that includes shopping centers and apartment complexes. Recently, Lee partnered on the development of an automotive-themed line of eyewear and watches under the name Monza Design and opened an innovative clubhouse-like retail space—with a speakeasy—in Southern California’s trendy Larchmont community. Yet despite being able to drive a different exotic every day of the month, Lee measures true prosperity by the capacity to empower others. “A successful person is one who first provides for their family, then helps Friends and gives back to the community.” As for that bewitching GTO, he’s as smitten as ever: “I just bought another one,” he says. Vintage racing. Everybody involved knows these are valuable, and nobody wants to go crazy and get in an accident, but we’re still competitive and want to see what these cars can do. There’s a thrill in that. Collecting is cool, but I’ve always appreciated the driving experience. I do my devotion. I’m a Christian and religious and spend about 30 minutes in prayer and quiet time. A light, deconstructed sport jacket from Hermès. I like to wear black because it’s slimming and is appropriate for many occasions. A little Swiss chocolate from Läderach. My father was my mentor. I followed a lot of his advice, but I thought some didn’t apply because he didn’t understand or times had changed. Now, thinking back, maybe he was right. A very cold martini, stirred, with Monkey 47 gin. My 812 Competizione Aperta. It’s the latest front-engined, track-focused road car from Ferrari and the only one in America right now. It’s the first time Ferrari has used a color-changing paint, and this one’s called Verde Volterra, which changes from green to bronze and is inspired by the landscape of Tuscany. I get a three-inch-thick rib eye from the butcher shop, add a fine olive Oil and a little salt and pepper, then briefly grill it conventionally before putting it in the Big Green Egg to be slow cooked and smoked. You don’t have to do too much, but I have a few little tricks. Because important cars are not always bought at auctions but through private sale, a lot of serious collectors have brokers who have their own network. Mine is Kevin Cohen of Beverly Hills Motoring. I work out for an hour, once a week, with a trainer who comes to the house. Then I do an hour of cardio on the treadmill another two days and balance that with golf. Yoga, for flexibility. A lot of my friends are doing it. Gut instinct comes from experience, and I think I’ve gained a lot of experience, so I trust it very much. Louis Vuitton in South Coast Plaza [in Costa Mesa, Calif.], Hermès in San Francisco, and Dolce & Gabbana in Beverly Hills. Yes, I’m wearing a Rolex platinum Daytona with baguette-diamond markers. Because I’ve been in the watch business for the last 30 years, my take is a little different than other collectors. I just keep the ones that are really special to me or excite me, and it’s hard to excite me. I keep about 15, all with high complications. Last week at a beach club in Saint-Tropez, drinking rosé and listening to music. Conservative but elegant. Château de Saran in Champagne, which is invitation-only from LVMH. It was a home of the Moët family that Bernard Arnault restored. Every room has a theme. Whether it’s my texts—WhatsApp or any kind of messaging equivalent—or email, I like to respond quickly and clear the queue every day before I go to sleep. Peace, balance, and harmony. I’m watching Suits right now. I’m on season five. Blues rock from the ’60s and ’70s—that music really connects with me. I like a lot of the Eagles. Shifting gears from his degree in physical geography, Viju Mathew has spent the last decade covering most categories of the luxury market prior to becoming Robb Report's automotive editor. Along with…
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