Cash XO, founder of the XO Record Label, was recently photographed on the wrist with a Richard Mille RM35-02 — one of the Swiss independent manufacture's most technically accomplished sport references and a fixture across music, sport, and entertainment's highest circles.
The Richard Mille RM35-02 was developed in direct partnership with Rafael Nadal and first introduced as an evolution of the RM035 line, which debuted in 2010. The RM35-02 houses the calibre RMAL1, a skeletonized manual-winding movement offering a power reserve of approximately 55 hours. The movement features a variable geometry rotor, a free-sprung balance wheel with variable inertia, and a function selector that separates the winding and hand-setting operations to protect the movement from shock during wear — a system borrowed directly from Richard Mille's more complex tourbillon references.
What makes the Richard Mille RM35-02 particularly compelling to collectors is the case construction. The tonneau-form case is machined from Carbon TPT — a carbon-fiber composite produced by North Thin Ply Technology using filaments laid at 45-degree alternating angles and infused with a tinted resin. The result is a case offering a unique marbled visual pattern that is never identical between any two watches, and extraordinary rigidity-to-weight ratios. The complete watch tips the scale at just 33 grams, making it genuinely wearable during athletic activity, as Nadal famously demonstrated on the clay courts of Roland Garros.
Cash XO's affinity for the reference sits comfortably within the culture surrounding Richard Mille. The brand has cultivated deep roots in both professional sport and the global music industry, and the RM35-02 specifically has become a quiet status marker among artists and label executives who appreciate engineering substance alongside visual impact.
In terms of market positioning, the Richard Mille RM35-02 carries a UK list price in the region of £125,000. On the secondary grey market, demand consistently outpaces supply, and the reference typically trades at a premium to retail — a pattern that has held firm across recent market corrections affecting other high-end independents.
Cash XO wearing Rolex
Rolex Cosmograph Daytona 'Orange Sapphire' Ref. 116588SACO 18k Yellow Gold
Cash XO wearing Audemars Piguet
Audemars Piguet Royal Oak Openworked Extra-Thin Black Ceramic 15416CE – Cash XO Sighting
Ref. 15416CE
List Price: $76,900
30/11/2022
Cash XO wearing Patek Philippe
18K Rose Gold Patek Philippe Nautilus Chronograph Reference 5980R
Ref. 5980R
List Price: $67,500
30/11/2022
Yusuff Ali MA wearing Richard Mille
Richard Mille RM35-02 Rafael Nadal Diamond Red Quartz TPT – Yusuff Ali MA Spotted Wearing $500,000 Ultra-Rare Timepiece
Ref. RM35-02
List Price: $500,000
09/06/2023
Oweis Zahran wearing Richard Mille
Richard Mille RM35-02 Rafael Nadal NTPT Carbon – Reference RM35-02
Ref. RM35-02
List Price: $139,500
03/05/2023
Anuel AA wearing Richard Mille
Richard Mille RM 35-02 Rafael Nadal Red Quartz TPT – Anuel AA
Ref. RM 35-02
List Price: unknown
03/05/2023
Michelle Yeoh wearing Richard Mille
Richard Mille RM 35-02 Rafael Nadal NTPT Carbon Skeleton Dial – Michelle Yeoh Spotted
Ref. RM 35-02
List Price: unknown
28/04/2023
Timati wearing Richard Mille
Richard Mille RM 35-02 Red Carbon TPT Rafael Nadal – Russian Rapper Timati
Ref. RM 35-02
List Price: $175,000
25/03/2023
Charles Leclerc wearing Richard Mille
Richard Mille RM 35-02 Rafael Nadal NTPT Carbon – Charles Leclerc Spotted
Ref. RM 35-02
List Price: $150,000
02/12/2022
SteveWillDoIt wearing Richard Mille
Red & White Carbon TPT Richard Mille RM35-02 Rafael Nadal – SteveWillDoIt Spotted
Ref. RM35-02
List Price: $125,000
30/11/2022
French Montana wearing Richard Mille
Richard Mille RM 35-02 Rafael Nadal RMAL1 Quartz TPT – White Strap – French Montana
Ref. RM35-02
List Price: $125,000
30/11/2022
Floyd Mayweather wearing Richard Mille
Richard Mille RM35-02 Red QTPT 'Rafael Nadal' Factory Diamond Set Yellow Rubber Strap – Floyd Mayweather
Ref. RM35-02
List Price: $150,000
30/11/2022