Jay-Z was recently spotted on the wrist with one of the most difficult Richard Mille references to acquire: the RM35 'Black Toro,' a 50-piece limited edition that sold out almost immediately upon release and has since become a fixture on grey-market want lists across Asia, Europe, and North America.
The Richard Mille RM35, in its 'Black Toro' configuration, is built around a skeletonized manual-winding tourbillon movement — the RMUL2 caliber — offering a power reserve of approximately 55 hours. The movement features a variable-geometry rotor and Richard Mille's signature grade 5 titanium and carbon composite baseplate construction, delivering extraordinary resistance to shock and gravitational forces. The case itself is crafted from NTPT Carbon, North Thin Ply Technology material that creates the instantly recognizable rippled black surface through a process of cross-laminating carbon fiber sheets under heat and pressure. The result is a case that weighs virtually nothing while offering structural rigidity that conventional metals cannot match.
The 'Black Toro' nickname references the case's distinct tonneau silhouette, which in full black NTPT reads as particularly menacing and purposeful — far removed from traditional luxury watchmaking aesthetics. Richard Mille positioned this reference as a spiritual successor to the RM 35-02 family, a line that originally found favor with Formula 1 drivers and endurance athletes before crossing firmly into the world of entertainment. Among collectors, any sub-100-piece Richard Mille tourbillon in NTPT Carbon commands immediate attention; the combination of material, complication, and production ceiling makes the 'Black Toro' one of the more rational speculative acquisitions in the contemporary market.
Jay-Z's relationship with Richard Mille stretches back well over a decade. The Roc Nation founder has appeared publicly with multiple RM references, and his affinity for the brand reflects a broader cultural shift in which Richard Mille became the default luxury signifier for a generation of entertainers and athletes who found traditional Swiss dress watches inadequate for their public image.
The Richard Mille RM35 'Black Toro' carried a UK list price of approximately £112,000 at release — translating to roughly $140,000 USD at prevailing exchange rates. On the secondary market, given the 50-piece limitation and Jay-Z's visible endorsement, grey-market premiums have pushed values considerably higher, with comparable examples trading between $180,000 and $220,000 USD depending on condition and provenance.
Jay-Z wearing Patek Philippe
Vintage 18K White Gold Patek Philippe Chronograph Factory Set
Ref. 5071P
List Price: unknown
13/07/2023
Jay-Z wearing Patek Philippe
Patek Philippe Chronograph 5070G "Champagne" in white gold
Ref. 5070G
List Price: unknown
08/06/2023
Jay-Z wearing Patek Philippe
Patek Philippe Nautilus Annual Calendar
Ref. 5726A
List Price: $52,000
05/06/2023
Jay-Z wearing Patek Philippe
Piece Unique Rose Gold Patek Philippe Perpetual Calendar Split Seconds Chronograph Factory Set With 10 Square Rubies And 1 Baguette Cut Ruby As Hour Markers On A Full Gold Bracelet
Ref. 5004R
List Price: $1,500,000
04/05/2023
Jay-Z wearing Rolex
Rolex Cosmograph Daytona in rose gold with chocolate dial
Ref. unknown
List Price: $38,550
03/05/2023
Jay-Z wearing Richard Mille
Richard Mille RM001 Tourbillon Red Gold – Jay-Z Spotted Wearing the Watch That Started It All
Ref. RM001
List Price: $289,000
03/05/2023
Jay-Z wearing Jacob & Co
Jacob & Co Astronomia Tourbillon Baguette White Gold Full-Set Diamond World Time – Limited Edition (6 Pieces)
Ref. unknown
List Price: $1,050,000
03/05/2023
Jay-Z wearing Cartier
Cartier Crash Skeleton Platinum 45mm Reference W7200001 — Jay-Z
Ref. W7200001
List Price: unknown
28/04/2023
Jay-Z wearing Patek Philippe
Platinum Patek Philippe Grand Complication Perpetual Calendar Split Seconds Chronograph With A Black Dial And Arabic Numerals On A Platinum Bracelet
Ref. 5004
List Price: unknown
14/04/2023
Jay-Z wearing Patek Philippe
Patek Philippe Yellow Gold Perpetual Calendar Chronograph Reference 24999J – Jay-Z Sighting
Ref. 24999J
List Price: unknown
25/03/2023
Jay-Z wearing Rolex
Rolex Sky-Dweller 18K Yellow Gold Champagne Dial Ref. 326938 – Jay-Z
Ref. 326938
List Price: unknown
30/12/2022
Jay-Z wearing Rolex
Rolex Platinum Day-Date II Black Dial Reference 218206 – Jay-Z's Presidential Statement
Ref. unknown
List Price: unknown
30/12/2022