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Entrepreneur Fawaz Mubarak Al-Hasawi spotted wearing Patek Philippe

Kuwaiti entrepreneur Fawaz Mubarak Al-Hasawi recently surfaced on Instagram wearing a Patek Philippe Annual Calendar reference 5726/1A in stainless steel — the same base reference that Virgil Abloh, then Artistic Director of Louis Vuitton and CEO of Off-White, had custom-treated by Parisian atelier MAD Paris and gifted to rapper Drake. Al-Hasawi's version retains the original steel finish, offering a fascinating point of comparison with Drake's DLC-coated black variant.

The Patek Philippe 5726/1A sits at the top tier of the Annual Calendar family, pairing a 40.2mm stainless steel case with a slate-gray dial and a fully integrated Annual Calendar complication — displaying date, day, month, and moon phase via a distinctive triple-aperture layout at 12 o'clock. Power comes from the manufacture Calibre 324 S QA LU 24H, a self-winding movement with a 45-hour power reserve. The annual calendar mechanism, patented by Patek Philippe in 1996, distinguishes between short and long months automatically, requiring correction only once a year. A 24-hour subdial at 9 o'clock further enhances legibility and utility.

From a collector standpoint, stainless steel complications from Patek Philippe occupy a category of their own. The brand historically produced precious-metal references in far greater numbers, making steel variants — particularly those with complex movements — exceptionally difficult to acquire through authorized dealers. The 5726/1A has consistently appreciated on the secondary market, driven by scarcity and the enduring prestige of Patek's Annual Calendar lineage, first introduced in the ref. 5035 in 1996.

Fawaz Mubarak Al-Hasawi is a prominent figure in Gulf business and social circles, and his choice of the 5726/1A signals a refined collector sensibility. The connection to the Virgil Abloh–MAD Paris–Drake collaboration adds a compelling cultural layer — the reference has now bridged the worlds of Genevan haute horlogerie, Parisian customization culture, and hip-hop in a way few watches manage.

On the secondary market, the Patek Philippe 5726/1A commands a significant premium over its already substantial retail price. Grey-market values have settled well above list, reflecting sustained global demand for steel Patek complications. For collectors tracking both horological merit and cultural relevance, the 5726/1A checks every box.