3 weeks ago

Businessman's Rs 10,000 Fake Rolex Reveal Sparks Luxury Debate

Businessman's Rs 10,000 Fake Rolex Reveal Sparks Luxury Debate
Man Worth Rs 500 Crore Reveals Why He Wears A First-Copy Rolex: "Bought It For Rs 10,000" · NDTV

A very wealthy businessman in Delhi, worth around Rs 500 crore, bought a watch that was not real.

He paid only Rs 10,000 for a 'first copy' Rolex, while a genuine one costs more than Rs 25 lakh.

He told his friend Rohan Dhawan that people never even think his watch could be fake because of where he stands in life.

The watch still shows the time and gets him compliments, so he does not see why he should spend so much more on a real one.

Rohan shared this conversation on LinkedIn, and hundreds of people reacted to it.

Some people agreed that luxury is about how others see you and the status you show.

Others said true luxury is about real quality, craftsmanship and being honest with yourself.

One commenter even pointed out that Bill Gates often wears a Casio Duro watch.

The story made many people think about what we are really paying for when we buy expensive things.

In the end, Rohan said he would still rather own fewer real things than wear a fake.

Key facts

Businessman's estimated net worth
Rs 500 crore
Price paid for the replica
Rs 10,000
Genuine watch model
Two-tone Rolex Daytona
Genuine watch price
Over Rs 25 lakh
Where the replica was bought
An Instagram page
Who shared the story
Rohan Dhawan, Delhi-based founder
Platform
LinkedIn
Public reaction
Hundreds of reactions, sharply divided opinions

Quotes

Businessman (500 cr net worth)

Businessman worth approximately Rs 500 cr who owns the fake Rolex

“It's all about clarity on why you want to own it. As he rightly said, for him the priority was never to actually own the original piece, but to be known to own an original piece. With his net worth and reputation as mentioned by him, nobody would question him, so his purpose served. On the other hand, for someone very passionate about watches and really wanting to own it, the same solution wouldn't work.”
NDTV
“I sat there confused, awkward, and lost in thought because I do not agree with him but I couldn't fully disagree either. A guy on the street wearing genuine Nikes still gets a second glance, assuming that they're probably a first copy. But a guy who's earning Rs 2-3 lakh a month, wearing fake Jordans, gets a compliment and nobody checks twice.”
NDTV indianexpress.com

Sources

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