Watch Paparazzi

Business man Michael Ovitz spotted wearing Patek Philippe

Michael Ovitz, the renowned American businessman and philanthropist, is not only known for his successful career, but also for his impeccable taste in luxury watches. Among his prestigious watch collection, he wears a stunning yellow gold Patek Philippe Chronograph with his own signature, "MSO," replacing the traditional "Swiss" writing at 6 o'clock.

The Patek Philippe 5070J is a highly regarded and important watch. It was the first modern Chronograph-only watch produced by Patek Philippe, following the 1463, which ceased production in the 1960s. Besides being a symbol of modern design, the 5070J also marks the end of an era, as it was the last chronograph with a Lemania-based ébauche.

This watch was produced exclusively in precious metal cases, making each piece a rare treasure. The rarest of them all is the platinum version (250 pieces), followed by the yellow gold model that Mr. Ovitz wears (~600 pieces), and the rose and white gold versions (~1000 pieces each).

The Patek Philippe 5070J has become a highly sought-after timepiece, and its market price reflects its exclusivity, currently valued at approximately €60.000. It is a watch that has stood the test of time and remains a classic in the world of luxury watches.

In conclusion, the Patek Philippe 5070J is a significant and rare luxury watch that has captured the hearts of many watch enthusiasts, including the esteemed businessman and philanthropist, Michael Ovitz. Its exquisite design and exclusivity make it a highly valued timepiece that will continue to be cherished for generations to come.