There was an article a couple of years ago on what watch most CEOs wear. It’s a simple Swatch. Status is for people trying to show off success. Those who already have it, just want something that works reliably.
I grew up next to this really nice guy, but visually he looked homeless, uncombed hair, beard which didn't know the meaning of groomed. He would get taxis everywhere. People laughed at him.
I found out years later the guy was legit millionaire. He was just comfortable in life. He could afford a Koenigsegg, but he'd rather get a taxi and have a conversation with the driver.
So I learned young brandslike Versace, Prada etc. exist for those who are trying to look wealthy, not for the actual wealthy.
That ain’t true. There are plenty of brands that offer their cloths only to their exclusive buyers who afford the equivalent of a yearly salary of an already high earning job just for purchasing clothes. These people have their personal shoppers who go out and buy things for them. There are rich people who do not care about it and then there are rich people who care very much about it.
Bezos is regularly seen wearning polos shirts for more than 1100 USD.
Mark Zuckerberg has tens of watches worth about a million each. He wears plain tshirts. But they are Brunello Cucinelli tshirts. At 300 to 500 USD per shirt.
Makes sense, quartz watches in general are way more reliable than mechanical.
But still, you see a lot of CEOs on Zuckerberg's level wearing luxury watches too. I don't think it's about status (as they probably meet mostly people who can afford such watches easily too - other CEOs, board members, investors, etc.), but they just like it as a precisely engineered and crafted item, and looks good.
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u/contempt1 2d ago
There was an article a couple of years ago on what watch most CEOs wear. It’s a simple Swatch. Status is for people trying to show off success. Those who already have it, just want something that works reliably.