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A watch that costs Rs 1.2 billion

Jacob & Co, a brand of jewellery and wristwatches based in New York, has created a ‘Billionaire’ model that costs $20 million

Policy Pulse
Publish Date: Mar 17 2016 10:02PM | Updated Date: Mar 17 2016 10:04PM

A watch that costs Rs 1.2 billion

Jacob & Co, a brand of jewellery and wristwatches based in New York, has created a ‘Billionaire’ model that costs $20 million.

 
Watch is made of 260 carat diamonds and 18K white gold . It took three years to make the watch.
 
Maurizio Mazzocchi, Managing Director, of the company said, “It took close to three years to make a watch like this. So this is why time and investment is huge very important, so the price 18 million is really not a regular price of a regular watch but the factors in it, and it’s also an investment because as we know it takes time. Watch is unique and will always take value.”