Entrepreneur Robert Herjavec spotted wearing a Rolex

Robert Herjavec, the Croatian-Canadian entrepreneur and Shark Tank regular, was recently spotted alongside dancer and television personality Kym Johnson, with the cameras catching something far more technically interesting than the occasion itself — a Rolex Cosmograph Daytona in solid 950 platinum sitting squarely on his wrist.

The reference 116506 is a singular object in the Rolex catalogue. Unveiled at Baselworld 2013 to mark the Daytona's 50th anniversary, it represents the first and only time Rolex has produced the Daytona in platinum. The case and bracelet are executed in 950-grade platinum, substantially denser and rarer than white gold, giving the watch a heft and presence that photographs fail to fully convey. The signature feature, however, is the ice-blue dial — a tint Rolex reserves exclusively for its platinum models, functioning as an immediate material hallmark. Subdials are rendered in a slightly darker blue-grey, and the bezel is set with a full ring of baguette-cut diamonds, lending the piece a dressy edge without abandoning its motorsport architecture.

Beneath the case, the calibre 4130 does the mechanical heavy lifting. Rolex's in-house chronograph movement features a vertical clutch for clean starts and a column wheel for precise engagement — a movement architecture that collectors and watchmakers alike respect for its reliability and finishing. Power reserve sits at approximately 72 hours.

From a collector standpoint, the 116506 occupies rare territory. It is a model that sits on the official Rolex price list yet is virtually impossible to acquire through authorised retail channels, routinely commanding enormous premiums on the secondary market. Its combination of precious metal, complication, and limited production cadence makes it one of the most sought-after modern Rolexes among serious collectors.

Herjavec has publicly spoken about his passion for luxury timepieces over the years, and the 116506 is a logical apex piece for a collector at his level. Retail pricing in the UK is positioned around £50,000, but on the grey market the reference consistently trades at a significant multiple of that figure — a testament to how little supply actually reaches open hands.