Depending on the kind of Ferrari he had it may not have been a bad thing for the owner. For example a 250 GT Lusso from the mid sixties was going for $300K not

Depending on the kind of Ferrari he had it may not have been a bad thing for the owner. For example a 250 GT Lusso from the mid sixties was going for $300K not that long ago. It's now a $1.5m car. Collectible cars are an asset class that has been doing extremely well in the face of endless money printing.