They say that the watch is one of the oldest inventions in the history of human civilization. Today, watches, in addition to measuring time, are also a status symbol.
But before we share with you models of watches which caught the eye of celebrities, let’s expose our findings on which models will turn out to be big-time investments for their owners.
What Models Pay off in the Long Run?
Buying Rolex’s Cosmograph Daytona will pay you off most when it comes to the most popular brands. In 10 years from now, it will cost $19,361. Yacht-Master, produced by the same brand, will be worth $17,523 in 2030. These two are followed by Breitling’s Navitimer 01. People will have to give $14,393 for this piece in a decade from now.
Classic Fusion Chronographmade by Hublot will cost just $264 less than Navitimer01 in 2030. Rolex’s GMT-Master II closes the top 5. Its price is estimated to be $13,302 in the year we took as a parameter. Actually, on the top 20 list, models produced by Rolex appear as many as 10 times.
Passion for Watches by Politicians
The famous Italian politician and also a former Prime Minister of Italy, Silvio Berlusconi, has owned the most expensive watch for a long time. As recently as three years ago, he regulated his time schedule using a $540,000 wristwatch – the Vacheron Constantin Patrimony Minute Repeater Perpetual Calendar model. Today, the figures of the most expensive watches worn by celebrities are several times higher.
Among the passionate lovers of watches, and those expensive ones, is the Russian President Vladimir Putin, who very often wears Leman Grande Date, whose price is $10,500. His collection also includes Lange &Sohne, which costs as much as $470,000. The watch is covered with crystal glass and has gold hands. Putinallegedly has the most expensive collection of watches, when we look at all the world leaders – it’s estimated at $820,000.
“Modesty” of Entrepreneurs
The presidents of world-famous companies, although according to official information they earn significantly more than politicians, wear much more “modest” watches. Thus, even on this banal example, it was once again confirmed that politics is, after all, the most lucrative business or one of the most lucrative.
Patek Philippe Perpetual Calendar – a watch that costs $41,500 – is the choice of financial magnate and co-founder of AQR Capital Management, Cliff Asness. Compared to his estimated net worth, it means that he’s able to buy his watch nearly 41 million times.
Rolex Day-Date President – the model of golden Rolex – is very popular among business magnates. The bracelet made of 18-carat gold and sapphire glass guarantees top quality and this watch is a favorite accessory on Warren Buffett’s hand. Although he still lives in the house he bought for $ 31,500 in 1957 and doesn’t have a smartphone, the Rolex is a luxury he doesn’t want to miss and can almost never be seen without it. A bargain price, at least for Buffet – $34,050 – meaning he can afford to have 2.3 billion of such watches.
Akio Toyoda, president of Toyota, most often wears a Patek Philippe Calatrava – selling price $21,500. Given his net worth, this model can be represented in his collection with 46,500 pieces. Mark Fields, head of Ford, has a Jaeger LeCoultreMaster Reserve de Marche Q1488104, which costs $9,350. He can afford to have it 23,700 times.
Jeff Bezos, the founder of Amazon, doesn’t hide his love for Ulysses Nardin Dual Time – the watch worth about $ 7,700. His wealth would allow him to have it 22.7 million times. The hand of Jeff Immelt, the head of General Electric, is adorned by the Breitling Chronospace worth about $6,500, which is 4,900 times less than his estimated net worth.
It’s interesting to mention John S. Watson, the head of Chevron – one of the largest oil companies in the world – who adores the Breitling Aerospace watch, worth $2,590, but also Tim Cook, the head of Apple, who for years headed one of the most expensive companies in the world and expectedly wears an Apple Watch that costs $ 269. Despite his wealth of more than $10 billion, Stephen A. Schwartzman of the Blackstone Group isn’t ostentatious, as evidenced by his choice. On his hand is a $750 Shinola Runwell Chronograph.
(Graphic: Betway Casino)
Athletes Aim High
Were you amazed by all these figures? Well, that’s nothing compared to how much famous athletes paid for their watches. Former professional boxer Floyd Mayweather has bought Jacob & Co Billionaire worth $18 million. A professional footballer Cristiano Ronaldo owns Franck Muller Round which costs $1.5 million.
What about showbiz? The rapper Jay-Z possesses a fascinating Hublot Big Bang of $5 million. The choice of a singer Eric Clapton has fallen on $3.5 million worth Patek Philippe 2499 – just one of two in total in the world ever to be put into a platinum case.
It’s more than clear, to some people watches are much more than a timepiece but it also says a lot about the person wearing it.