How does one simply represent when you are a part of the billionaire group?
Well, there is no need to ask that question to Warren Buffett, as he shows it all in a low-key tone. But it is, however, interesting. His fellow billionaires, especially Mark Zuckerberg, are known for a normcore approach when presenting themselves to the world.
Jeff Bezos, however, has his $42 million, 500ft tall "10,000 Year Clock", which stands tall inside his hollowed-out mountain in Texas.
Known as the "Sage of Omaha", Buffett is one of the world's most successful investors of all time, with a net worth of around $88.5 billion. However, he lives a more humble lifestyle in the same five-bedroom house he bought in 1958 for $31,500. Buffett eats McDonald's for breakfast and only very recently upgraded to an iPhone. However, it seems that he also shares a similar taste in watches as some of the other billionaires.
We are talking about one of the most famous watch brands, Rolex. It was first released in 1956 and has become a tradition that started with Lyndon B Johnson. It was even given the nickname "President". The watch holds prestige and elegance and has only ever been made out of gold or platinum. This is, however, one of Buffett's favourite accessories. Photos of Buffett reveal that he wears an older example, most likely the ref 18038 or ref 18238 in classic yellow gold.
It is presumed that Buffett bought the Rolex Day-Date watch in the late 1980s or early 1990s when he struck some of his first huge successes. And, just as his business style is holding on to his stocks, he held onto the watch.
The Day-Date was initially presented in 1956 and was the world's first watch to indicate the day-of-the-week spelt out in full. The watch only comes in gold and platinum and comes with a five-year warranty.
And there is nothing more true that Buffett being a long-term investor. Becoming a signature for Buffett, he only invests in companies whose goods and services he likes and uses. Meaning Rolex. Yes, that is correct, Buffett even attempted to buy Rolex at one point. However, the owner at that time was the Hans Wilsdorf Foundation, who politely refused his offer.
Is this how far billionaires will go for their watches? Even for a billionaire, that is kind of a stretch. Imagine if he had succeeded, though...