Taiwanese pop star and entertainer Show Lo was recently spotted on the wrist wearing the Richard Mille RM 38-02 Tourbillon Made from Pink and White Carbon TPT, the fourth instalment in the brand's celebrated collaboration with two-time Masters champion Bubba Watson. With a list price of approximately $980,000 and a current grey-market valuation approaching $2.9 million, this is not a watch one stumbles into casually — it is a deliberate, informed acquisition.
The Richard Mille RM 38-02 is built around a manually wound tourbillon movement, the calibre RM 38-02, featuring a baseplate and bridges constructed from grade 5 titanium and carbon nanotubes. The movement incorporates a torque indicator and a function selector, ensuring precision winding and operation management. Richard Mille developed the case from their proprietary Carbon TPT — thin plies of carbon filament laid at 45-degree angles and infused with a special resin — here rendered in an arresting combination of pink and white, a palette that is visually striking without sacrificing structural integrity. The case measures approximately 50.05mm × 42.70mm, consistent with Richard Mille's signature tonneau architecture.
The Bubba Watson series holds a particular place in Richard Mille's collector mythology. Watson wore earlier iterations of the RM 38 and RM 38-01 on the PGA Tour, proving in real competition that high complications could withstand the physical shock of a professional golf swing — a genuine proof of concept, not a marketing exercise. The RM 38-02 represents the evolution of that engineering dialogue, and the pink/white Carbon TPT variant pushes the aesthetic language of the series into new territory. The production run of 50 pieces guarantees extreme scarcity.
Show Lo has long cultivated a reputation among Asian celebrity watch collectors as someone with genuine horological literacy. His appearances in Richard Mille — particularly ultra-limited pieces — are consistent with a collector who understands acquisition strategy, not merely brand recognition.
On the secondary market, the Richard Mille RM 38-02 in Pink and White Carbon TPT has appreciated dramatically beyond its already formidable retail price. At an estimated grey-market value of $2.9 million, it now trades at nearly three times its list price, a trajectory that reflects both the Watson collaboration's enduring prestige and the fundamental scarcity of 50 units distributed globally.
Show Lo wearing Rolex
Rolex GMT-master II in white gold with pave diamond dial and 18K white gold bezel
Ref. unknown
List Price: $114,300
03/05/2023
New
Drake wearing Richard Mille
Richard Mille RM 38-02 Tourbillon Bubba Watson Limited Edition – Pink and White Quartz TPT® Case
Ref. RM 38-02
List Price: $845,000
21/06/2026
Adel Ali Bin Ali wearing Richard Mille
Richard Mille RM 38-02 Tourbillon Bubba Watson Quartz TPT Limited Edition – Adel Ali Bin Ali Spotted Wearing
Ref. RM 38-02
List Price: $980,000
27/04/2023
Joaan Bin Hamad Al Thani wearing Richard Mille
Richard Mille RM 38-02 Tourbillon Bubba Watson Pink & White Carbon TPT – Reference RM38-02 (Limited to 50 Pieces)
Ref. RM38-02
List Price: $800,000
30/11/2022
Bubba Watson wearing Richard Mille
Richard Mille RM 38-02 Tourbillon Bubba Watson Pink & White Carbon TPT – Limited to 50 Pieces
Ref. RM38-02
List Price: $980,000
30/11/2022
New
İlkay Gündoğan wearing Richard Mille
Richard Mille RM 010 UAE Edition in Grade 5 Titanium with Skeletonized Dial and Eastern Arabic Numerals
Ref. RM 010
List Price: $65,000
02/07/2026
New
Tadej Pogačar wearing Richard Mille
Richard Mille RM 64-01 Tourbillon Colnago Limited Edition White TPT with Azure Blue Accents
Ref. RM 64-01
List Price: $988,000
02/07/2026
New
J Balvin wearing Richard Mille
Richard Mille RM 35-03 Automatic Rafael Nadal Quartz TPT® Pastel Orange and Light Blue
Ref. RM 35-03
List Price: $270,000
30/06/2026
New
Mohamed Salah wearing Richard Mille
Richard Mille RM 027-01 Automatic Tourbillon White Ceramic
Ref. RM 027-01
List Price: $603,000
26/06/2026
New
Cole Palmer wearing Richard Mille
White Ceramic Richard Mille RM 030-01 with Skeletonized Dial and Declutchable Rotor
Ref. RM 030-01
List Price: $450,000
22/06/2026
New
Mohamed Salah wearing Richard Mille
Richard Mille RM 67-02 Carbon TPT Automatic Chronograph with Orange Strap – Sébastien Ogier Limited Edition
Ref. RM 67-02
List Price: $440,000
22/06/2026
New
ASAP Rocky wearing Richard Mille
Titanium Richard Mille RM 65-01 Split-Seconds Chronograph with Red Bezel
Ref. RM 65-01
List Price: $270,000
21/06/2026