Billionaire brings Olivia Newton-John to tears by returning iconic Grease jacket he paid $369k for

An anonymous billionaire brought Oliva Newton-John to tears when he surprised her with the famous leather jacket she wore in the movie Grease. 

A video posted on the Julien's Auctions Facebook page shows the man, who paid NZ$369,000 for the iconic clothing item, reading a speech to the actor before presenting her with the jacket. 

"The odds of beating a recurring cancer using the newest emerging therapies is 1000-fold greater than someone appearing out of the blue, buying your most famous and cherished icon, and returning it to you," said the man, whose face was blurred. 

The mystery fan told the Hollywood star the jacket she wore during the duet 'You're The One That I Want' with John Travolta "shouldn't sit in a billionaire's closet for country club bragging rights". 

"That is the most incredibly generous thing to do for me," Newton-John said through tears. 

"I'm so grateful and I'm just blown away."

In the clip of the heart-warming moment, Newton-John's joy at receiving the jacket is clear to see as she clutches it to her chest before hugging the man. 

The jacket was auctioned off to raise funds for the cancer research centre Newton-John started after being diagnosed with breast cancer three times. 

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