Watch Paparazzi

Entrepreneur Dan Bilzerian spotted wearing Richard Mille

Dan Bilzerian, the Las Vegas-based entrepreneur and Instagram provocateur, was recently photographed wearing a Richard Mille RM 11-03 in rose gold — one of the most technically complex and visually arresting flyback chronographs in current production. For a figure whose entire brand identity revolves around conspicuous excess, the RM 11-03 is a logical, if predictable, choice.

The Richard Mille RM 11-03 is built around the in-house RMAC3 movement, a manually wound flyback chronograph caliber offering annual calendar, GMT, and flyback reset functions. The movement operates at 28,800 vph and delivers a 55-hour power reserve — respectable given its skeletal architecture. The tonneau-shaped case in 18k rose gold measures 50mm × 40mm and just 16.15mm in height, constructed with Richard Mille's signature combination of machined metal and sapphire crystal casebacks that expose the movement from both sides. Grade 5 titanium is used for internal components where weight reduction is critical.

The RM 11-03 replaced the RM 011 in Richard Mille's lineup in 2018, refining the case architecture and movement finishing of its predecessor while retaining the flyback complication that made the original a collector favorite. The RM 011 in yellow gold had already established itself as a grail piece among enthusiasts who wanted haute horlogerie with genuine motorsport engineering credentials — Richard Mille designed the RM 011 family in collaboration with Felipe Massa. The rose gold RM 11-03 carries that lineage forward with warmer aesthetics and, if anything, even stronger resale fundamentals.

Bilzerian has been photographed in Rolex, Audemars Piguet, and Richard Mille references over the years. His watch choices function as props within a broader social media performance, but the RM 11-03 is not merely a flex piece — it represents genuine watchmaking ambition, regardless of the wrist it occupies.

On the grey market, rose gold RM 11-03 examples regularly trade between $180,000 and $220,000 USD depending on configuration and provenance, comfortably above list. Richard Mille's secondary market has shown remarkable resilience, and the RM 11-03 in precious metal remains one of the more liquid references in the brand's catalog. For collectors, the Bilzerian association adds nothing to the watch's value — the movement does that on its own.