Francois-Henri Pinault is a French businessman and the Chief Executive Officer of Pinault-Printemps-Redoute (PPR), a Paris-based congolmerate that owns Gucci, Yves St. Laurent and Bottega Veneta; his family is worth an estimated $11.5 billion.  He is also the son of the PPR’s founder, businessman François Pinault, and husband of famous actor Salma Hayek.  For his 50th birthday it seems that Mr. Pinault’s father bought him a Greubel Forsey GMT watch, which reportedly retails for £325,000, or about $500,000.   This interesting tidbit was mentioned rather casually by Mr. Pinault in a story which ran recently in UK’s  The Telegraph newspaper, viewable online at:  Francois-Henri Pinault’s Puma: a Bolt from the blue (last paragraph the watch is discussed).

Story via: Revo Online / Ian Skellern.

Full details on the Greubel Forsey GMT watch, via Ian Skellern/Revo here.

Francois-Henri Pinault and his Greubel Forsey GMT Watch

Greubel Forsey’s Stephen Forsey wearing the GMT