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entrepreneurSpotted November 2022

Entrepreneur Yianni Charalambous spotted wearing a Rolex

entrepreneur Yianni Charalambous spotted wearing a Rolex 116506
Who & what: Platinum Rolex Cosmograph Daytona Reference 116506 Ice Blue Dial — Yianni Charalambous

Yianni Charalambous, the London-based entrepreneur whose Yiannimize brand has made car customisation a mainstream spectator sport through television and social media, was recently spotted wearing one of the most coveted references in the entire Rolex catalogue: the Cosmograph Daytona Reference 116506 in solid 950 platinum.

Introduced at Baselworld 2013, the Rolex Cosmograph Daytona 116506 marked the first time the Swiss manufacture had offered the iconic racing chronograph in platinum. The case measures the standard 40mm and houses Rolex's in-house Calibre 4130, a column-wheel chronograph movement with a vertical clutch that delivers a power reserve of approximately 72 hours. It beats at 28,800 vph and was developed entirely by Rolex to replace its dependence on the Zenith El Primero base used in earlier Daytonas. The movement is COSC-certified and finished to a high standard, though housed beneath a solid case back rather than an exhibition display.

The defining aesthetic feature of the Daytona 116506 is its ice-blue dial — a colour unique to Rolex's platinum references, produced by a reaction between the lacquer and the platinum case during manufacturing. The bezel is set with a ring of baguette-cut diamonds on the standard configuration, though a meteorite dial variant also exists. The combination of platinum, an exotic dial, and diamond setting positions the 116506 firmly at the apex of the Daytona family, above the gold references and well beyond the steel 116500LN in terms of exclusivity.

Among collectors, the platinum Daytona Reference 116506 occupies serious territory. Platinum Rolex references have always been scarce — production volumes are low and demand from high-net-worth collectors is consistent. The 116506 appeals to buyers who want the Daytona's motorsport heritage wrapped in the rarest material Rolex regularly works with.

Yianni Charalambous has built a public persona around transforming luxury vehicles into bespoke rolling art — clients have included Premier League footballers and global celebrities. A platinum Daytona aligns naturally with that world: understated to those who don't know, immediately legible to those who do. At a UK RRP of approximately £50,000 and trading significantly above retail on the grey market, the Rolex Cosmograph Daytona 116506 is a considered flex from someone fluent in the language of premium materials.

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