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"That is the most incredibly generous thing to do for me": Olivia Newton-John blown away by fan's gesture

Olivia Newton-John has been left stunned after the leather jacket that she wore in Grease was purchased at an auction and returned to her.

The jacket was bought at auction for $243,000 and the anonymous buyer has now handed it back.

He said: "It should not sit in a billionaire's closet for country-club bragging rights."

"The odds of beating a recurring cancer using the newest emerging therapies is a thousandfold greater than someone appearing out of the blue, buying your most famous and cherished icon, and returning it to you."

A tearful Newton-John, 71, was in shock once she realised what was in the bright pink gift wrapped box

"Are you serious?" she said before giving the man a huge hug. "That is the sweetest thing."

"That is the most incredibly generous thing to do for me. I'm so grateful and I'm just blown away."

The buyer of the jacket wanted to remain anonymous, but Julien’s Auction House said that he is a doctor and a medical technology entrepreneur.

The black leather jacket was worn in the final scenes of the 1978 film where she and John Travolta perform, You’re the One That I Want and We Go Together.

The skin-tight pants from the outfit were sold separately for more than double their estimate and together, the jacket and pants raised $405,700 for the Olivia Newton-John Cancer Research and Wellness Centre in Australia.

"You're the best, you're the best! I'm so grateful," Newton-John said, while hugging the jacket and then the buyer. "This is the most beautiful present, but mainly it's your heart that I'm grateful for."

The anonymous man asked if she would put the jacket on display in the cancer centre.

"Yes, it was always my dream to do that, so yes!" Newton-John said, according to CNN.

The auction sold off more than 500 items from John’s career, including costumes, awards, jewellery and other iconic outfits.

The sale raised a total of $2.4 million, according to the auction house.

Scroll through the gallery to see what was sold in the auction.

Tags:
ONJ, Olivia Newton-John, musician, singer, actress, auction