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An Olivia Newton-John Super Fan Bought Her Iconic Leather Outfit From 'Grease' For Over Half A Million Dollars

The 'Property Of Olivia-Newton John' auction of the entertainer's personal collection of items made almost $3.5 million in total sales ($2.4 million USD).

One hundred percent of proceeds from the outfit's sale, held at Julien's Auctions in Beverly Hills on Saturday local time, benefitted the Olivia Newton-John Cancer Wellness & Research Centre.

The leather and spandex ensemble, worn in the 1978 film's final scene, struck 'Greased Lightning' on the auction stage, with the jacket selling for an astounding $352,000 and the pants selling for $235,000 for a combined total of $587,000.

Jeff Conaway, Olivia Newton-John, John Travolta and Stockard Channing walk arm in arm  in a still from 1978's 'Grease'. Image: Paramount Pictures/Fotos International/Getty

Over 500 of the Australian star's film and television worn costumes, ensembles, gowns, personal items and accessories were auctioned off, with a portion of all goods benefitting the Centre as well.

Executive Director of Julien’s Auctions, Martin Nolan, told 10 daily the company was "honoured to present this auction event celebrating one of pop music’s greatest talents and treasured icons".

Newton-John attends the VIP reception for 'Property of Olivia Newton-John' auction at Julien’s Auctions on October 29 in Beverly Hills, California. Image: Rodin Eckenroth/Getty
Autographed "Grease" script and shoes at the 'Property of Olivia Newton-John' auction at Julien’s Auctions on October 29 in Beverly Hills, California. Image: Rodin Eckenroth/Getty
Costuming on display at the 'Property of Olivia Newton-John' auction at Julien’s Auctions on October 29 in Beverly Hills, California. Image: Rodin Eckenroth/Getty

Auction highlights included the sale of a white ribbed velvet and gold lamé long top and a pair of short shorts worn by the singer on the October 2, 1981 episode of The Merv Griffin Show for $45,237 -- over thirty times its original estimate of around $1500 -- and a custom 'Pink Ladies' jacket that sold for over $72,000.

Newton-John's wedding ensemble when she married actor Matt Lattanzi in December 1984 sold for over $22,000, and a gown worn by Newton-John while performing with Andy Gibb and ABBA in 1978 sold for over $31,000.

Newton-John is one of the best-selling music artists of all time, with over 100 million records sold worldwide. In 1981, she released her most successful studio album, the double-platinum Physical.

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Olivia Newton-John thinks Australia is "on its way" to making medicinal cannabis available to those who need it thanks to a $3 million research pledge from the federal government.

The 71-year-old publicly revealed her third breast cancer diagnosis in September 2018. In August this year, she told ET she was "doing really well" and is "really healthy".

Newton-John hosted her annual 'Wellness Walk and Research Run' in Melbourne last month, her biggest event to date raising funds and awareness for people with cancer.

She has attributed her wellbeing to a mix of pharmaceutical and herbal medications to combat her symptoms, as well as a positive mindset.

Newton-John's custom 'Pink Ladies' jacket sold for over $72,000. Image: Rodin Eckenroth/Getty
Newton-John with partner John Easterling at the 'Property of Olivia Newton-John' auction at Julien’s Auctions on October 29 in Beverly Hills. Image: Rodin Eckenroth/Getty
Newton-John's 1975 Model 1303 Super Beetle Convertible on display. Image: Rodin Eckenroth/Getty