Alexis Ohanian, co-founder of Reddit and one of Silicon Valley's most recognizable venture capitalists, was recently spotted on the wrist with an Audemars Piguet Royal Oak Offshore 'Elephant' in stainless steel, reference 26470ST — a watch that rewards the closer look far more than a casual glance might suggest.
The Royal Oak Offshore 26470ST measures 42mm in stainless steel and houses the Calibre 3126/3840 automatic movement, a self-winding manufacture calibre offering approximately 50 hours of power reserve. The dial is the defining feature: a deep grey 'Méga Tapisserie' pattern — an amplified version of the classic Royal Oak 'Grande Tapisserie' — which earned the ref. 26470ST its collector nickname 'Elephant.' Matching grey chronograph subdials, a grey rubber strap with AP folding clasp, and the signature octagonal bezel secured by eight hex screws complete a package that is unmistakably Offshore in character.
The Royal Oak Offshore line was introduced in 1993 as an oversized, sportier interpretation of Gérald Genta's 1972 Royal Oak icon. The 26470ST represents the line's modern refinement phase — retaining the Offshore's inherent aggression while dialing back some of the excess that defined earlier generations. Among collectors, the 'Elephant' is regarded as one of the more understated and wearable references in the Offshore catalog, which has historically skewed toward louder colorways and material combinations. That restraint has translated into steady demand.
Ohanian's watch sensibility aligns well with the 26470ST's positioning. As a tech entrepreneur turned investor — and husband of Serena Williams — he occupies a cultural space where serious horology intersects with a certain understated confidence. The Offshore 'Elephant' projects exactly that: substance over spectacle, brand heritage over flash.
On the market, the Audemars Piguet Royal Oak Offshore 26470ST carries a UK list price in the region of £23,000, translating to roughly $29,000 USD at retail. On the grey market, demand for stainless steel Offshore references has remained firm, with the 26470ST typically trading at or modestly above retail — a reflection of AP's broader supply discipline and the ref.'s enduring collector appeal.
Dolph Lundgren wearing Audemars Piguet
42mm Audemars Piguet Royal Oak Offshore Chronograph with a steel case
Ref. 26470ST
List Price: $27,400
29/04/2023
Alvaro Morata wearing Audemars Piguet
42mm Audemars Piguet Royal Oak Offshore Chronograph with a steel case
Ref. 26470ST
List Price: $27,400
29/04/2023
Draymond Green wearing Audemars Piguet
Audemars Piguet Royal Oak Offshore Chronograph Steel Reference 26470ST
Ref. 26470ST
List Price: $21,600
30/11/2022
Tinnie Tempah wearing Audemars Piguet
Audemars Piguet Royal Oak Offshore Blue Dial Stainless Steel Reference 26470ST
Ref. 26470ST
List Price: $18,000
30/11/2022
Paul Michael Leveque wearing Audemars Piguet
Audemars Piguet Royal Oak Offshore Chronograph 'Safari' Steel & Leather Reference 26470ST.OO.A801CR.01
Ref. 26470ST
List Price: $16,800
30/11/2022
Stanislas Wawrinka wearing Audemars Piguet
Audemars Piguet Royal Oak Offshore Steel 42mm – Reference 26470ST.OO.A104CR.01
Ref. 26470ST
List Price: $19,500
30/11/2022
Professor Green wearing Audemars Piguet
Audemars Piguet Royal Oak Offshore Chronograph 'Safari' Steel Ref. 26470ST.OO.A801CR.01
Ref. 26470ST
List Price: $16,800
30/11/2022
Anthony Joshua wearing Audemars Piguet
Audemars Piguet Royal Oak Offshore Chronograph Steel Reference 26470ST – Anthony Joshua
Ref. 26470ST
List Price: $21,300
30/11/2022
Erling Haaland wearing Audemars Piguet
18K Yellow Gold Audemars Piguet Royal Oak ‘Jumbo’ Extra Thin to Celebrate 50th Anniversary of Royal Oak
Ref. 16202BA
List Price: $59,400
29/01/2026
Virat Kohli wearing Audemars Piguet
18K Gold, Open Worked Audemars Piguet Royal Oak ‘Double Balance Wheel’
Ref. 15407OR
List Price: $78,600
20/01/2026
Ludacris wearing Audemars Piguet
Audemars Piguet Royal Oak Offshore in Rose Gold
Ref. unknown
List Price: unknown
20/07/2023
Ian Poulter wearing Audemars Piguet
Yellow Gold Audemars Piguet Royal Oak with a Gold Dial
Ref. unknown
List Price: unknown
20/07/2023