It is worth noting that Anant Ambani, the youngest child of Mukesh Ambani, owns one of the world’s most expensive watches.

The watch remained with the Newman family for over 50 years before finally hitting the auction block, where it sold for $17.75 million, making it the most expensive Rolex ever sold publicly.

Behind the Price Tag of the Most Expensive Watches in the World Expensive materials, delicate craftsmanship, and an economic principle that turns the usual equation of supply and demand on its head.