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Does any who wears a Richard Mille actually pays for it?

D
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whenever I see anyone with a Richard Mille on it seems to be one of their sponsored ambassadors like Sylvester Stallone or Bubba Watson. I’m curious if any of you know someone who actually shelled out their own money for a RM?
 
The Father
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Rapper Young Dolph

They made off with a Richard Mille watch worth $230,000, a Patek Phillipe watch costing approximately $85,000 and two diamond chains worth a respective $57,000 and $27,000.

Had these in his car. Sounds like an insurance job maybe. Probably didn’t get his for free
 
D
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The Father The Father
Rapper Young Dolph

They made off with a Richard Mille watch worth $230,000, a Patek Phillipe watch costing approximately $85,000 and two diamond chains worth a respective $57,000 and $27,000.

Had these in his car. Sounds like an insurance job maybe. Probably didn’t get his for free
Definitely sounds like insurance fraud to me
 
Evitzee
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I actually owned THREE Richard Mille's....an RM016, an RM011 and an RM032 and I paid for them. Great watches but I eventually sold them at little loss because it was just too much money to tie up in just three timepieces. Very few wearers get them for free....there aren't many Nadals or Massas around that the company is sponsoring. Almost all are personally bought.
 
P
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One of my clients is a RM nut. Rich guy. Seems to be wearing a different RM everytime we meet.
 
Uscjake87
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There is a guy on youtube, producermichael, who buys and wears them. He said in a recent video he doesn't like the salesmen and buying experience so he focuses more on buying Jacob watches.
 
MikiJ
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D Desibaba
whenever I see anyone with a Richard Mille on it seems to be one of their sponsored ambassadors like Sylvester Stallone or Bubba Watson.
At least Bubba wears his while he's playing ::psy::
Bubba Watson's most expensive piece of equipment is an $825,000 watch
Cork Gaines

Apr. 8, 2018, 2:40 PM
5aca604d87826b17008b4900-750-500.jpg
Bubba Watson at the 2018 Masters wearing his Richard Mille watch.
Patrick Smith/Getty Images
  • One of Bubba Watson's endorsements is with Richard Mille watches.
  • The high-end watch maker made a model just for Watson, with a retail value of $825,000.
  • The watch has a g-sensor that can tell Watson how fast his club is traveling during swings.


Bubba Watson's most expensive piece of equipment at the Masterscosts more than three-quarters of a million dollars, and all it can do is tell him how hard he is swinging and whether or not he will make his tee time.

In 2014, Richard Mille introduced the RM 38-01, a mechanical tourbillon watch with a titanium case designed just for Watson. According to Richard Mille, the retail price for the watch is $825,000, and only 50 were made.

Beyond the light weight and style Richard Mille watches are known for, the most striking feature of the 38-01 is a g-sensor on the face that's capable of measuring the g-force of Watson's swing up to 20 Gs.


Here is a closer view.

Andrew Redington/Getty Images
It also comes in Watson's favorite color, green, matching the two green jackets he has won at the Masters.

Richard Mille

This is actually the third watch designed for Watson by Richard Mille. Watson has been wearing the watches in tournaments since 2011.


He was even wearing a previous model when he won the Masters in 2012.

Andrew Redington/Getty Images

The high-end Richard Mille watches are no strangers to the world of professional sports.

Rafael Nadal has worn Richard Mille watches since 2010, even while playing. His latest model is the RM27-02 has a retail price of $775,000.

Rafael Nadal plays in his new Richard Mille timepiece
Getty Images
 
MikiJ
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The Father The Father
What a minute, $825G’s? Talk about disposable income.
What makes you think he paid for it?
 
JanV
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The major offsetting thing for me on high end timepieces are the mark up from some of the producers.

Many of their watches are in no way near the cost to manufacture compared to their “retail value”.

This bul...it pricing is what will never get me buying these kind of items. Just a waste of money in my opinion.
 
yvrclimber
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MikiJ MikiJ
What makes you think he paid for it?

Agreed. It would be weird to pay for a watch named after you. Aren't they paying HIM!?
 
Bbturbo
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"Exclusivity" is what RM is selling. Many rich young Asians are spotted with it. I personally am not a fan but I'm not young nor rich.
 
ext1
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MikiJ MikiJ
What makes you think he paid for it?

Bingo.... right on his sleeve it says Richard Mille!
 
Archer
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JanV JanV
The major offsetting thing for me on high end timepieces are the mark up from some of the producers.

Many of their watches are in no way near the cost to manufacture compared to their “retail value”.

This bul...it pricing is what will never get me buying these kind of items. Just a waste of money in my opinion.

Do you own an Omega or any other mechanical watch? There are very few luxury watches that are priced according to the manufacturing costs mate...Veblen goods...
 
frasderp
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JanV JanV
This bul...it pricing is what will never get me buying these kind of items. Just a waste of money in my opinion.

I don´t think you´re the only person where the pricing is holding them back...!
 
jpjsavage
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I don't think they are a waste of money and I don't have one either. However, I'd be interested to know a little more about the brand and why they charge such high prices from an independent source, especially those of you that have bought them. It also seems that from the stories above that they don't retain their value on the second hand market?
 
michael22
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jpjsavage jpjsavage
I don't think they are a waste of money and I don't have one either. However, I'd be interested to know a little more about the brand and why they charge such high prices from an independent source, especially those of you that have bought them. It also seems that from the stories above that they don't retain their value on the second hand market?
Of course they are a waste of money, that is the point.
Wealth signalling is all about proving one can waste money.
 
Archer
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michael22 michael22
Of course they are a waste of money, that is the point.
Wealth signalling is all about proving one can waste money.

That would be true for every watch that costs more than $10 from Walmart then...not sure I agree with your stance on this one. Since most people would have no idea what a Richard Mille watch is let alone what one costs, you could argue that Rolex or Omega are much more of a "wealth signal" to the average guy than RM is.

These watches appeal to a particular kind of collector, and not likely people here. The brand is all about "tech" in their watches, where this forum is heavily skewed towards vintage collectors, so it's not surprising that people here don't like them.
 
michael22
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Archer Archer
That would be true for every watch that costs more than $10 from Walmart then...not sure I agree with your stance on this one. Since most people would have no idea what a Richard Mille watch is let alone what one costs, you could argue that Rolex or Omega are much more of a "wealth signal" to the average guy than RM is.

These watches appeal to a particular kind of collector, and not likely people here. The brand is all about "tech" in their watches, where this forum is heavily skewed towards vintage collectors, so it's not surprising that people here don't like them.
The point is, they are not signalling to the average guy, they are signalling to the tiny percentage who do recognise it.
Of course, there is more than one signal: RM means modernity & tech. Dropping 100k on a PP gives a slightly different message.

The same people could spend 5mill on a yacht. The choice would be: sail, or motor. Both just as conspicuous, but with different conotations.
 
Archer
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michael22 michael22
The point is, they are not signalling to the average guy, they are signalling to the tiny percentage who do recognise it.

Why does this bother you so much more than people here wearing Rolex, Omega, IWC, JLC, or any other brand when most of the planet lives a few dollars a day? Why aren't you calling those watches a waste of money too?
 
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