How many Rolex watches does Rihari own?
This video verifies two Rolex watches tied to Rihari specifically: a GMT Master II he says he bought at an earlier milestone, and a blue diamond-dial Datejust he buys on camera for $18,500. He mentions "adding to the collection," but no independently confirmed total exists.
Rihari says the GMT Master II purchase was "a big milestone," and he compares the new Datejust to it directly on camera, calling it "pretty much identical" in feel. Beyond those two watches, the video shows him trying on several other pieces at the dealer, Lux Collective on the Gold Coast, including a white-gold watch and a Patek Philippe. He does not buy those, and the video gives no evidence he owns them. Any claim that Rihari owns a specific larger number of Rolex watches, such as three, five, or a named "collection size," is not supported by this transcript. It would be an extrapolation, not a documented fact, and this article does not make that leap.
The video also never specifies what the "milestone" actually was. It could be a trading result, a business revenue figure, a subscriber or follower count, or something unrelated entirely, and Rihari does not say. Because the transcript is silent on that point, this article does not guess at it either, and readers should not assume the Datejust was funded by a specific trading outcome. The only documented facts are that a purchase happened, on camera, at a named dealer, for a stated price.
Rihari also says this pattern is habitual rather than a one-off: "every time every milestone I just want to buy something just to commemorate." That statement establishes a personal habit of reward-spending tied to unspecified achievements, repeated across a Mustang, an earlier Rolex, a Dubai trip, and now this Datejust. It does not establish a fixed number of watches owned in total, a schedule of purchases, or any connection to a specific dollar figure earned from trading, and this article treats it only as a description of habit, not as a running tally.
What watch did Rihari buy in this video?
Rihari buys a Rolex Datejust with a blue dial, factory-set diamond numerals, a fluted bezel, and what the dealer describes as an Oyster-style bracelet. The dealer says the piece is discontinued and hands over box, papers, and a dial-authentication code confirming the diamonds are factory, not aftermarket.
According to the dealer on camera, the watch's paperwork carries a code, read out as "0016," which he says "confirms to dial anywhere you go" and lets another dealer verify the diamond dial is genuine Rolex factory work without a full serial check. Rihari asks about the bracelet style partway through, comparing it to a band on a watch he already owns, and the dealer identifies it as an Oyster band rather than the Jubilee band on an earlier piece Rihari points to. Rihari describes the finished purchase as "just a daily," meaning a watch intended for regular wear rather than a special-occasion piece, distinguishing it from the GMT Master II he associates with his previous milestone. Once the deal is agreed, the dealer also offers to size the bracelet to fit Rihari's wrist, telling him "I'll size it up for you," and hands over the paperwork while that adjustment is arranged, which is a standard part of a retail watch sale rather than anything specific to this transaction.
How much did Rihari pay for the Rolex Datejust?
The dealer's opening figure for the blue diamond-dial Datejust is $22,000 ("I've got that up for 22"). After Rihari says he likes the piece, the dealer offers "half price," then names $18,500 ("You're right. 185."), and Rihari accepts on the spot.
That $18,500 figure lines up with the "$18.5K" amount in the video's own title, so the on-screen negotiation and the title are consistent with each other. No invoice, receipt, or bank statement is shown to confirm the final transaction amount independently. Payment is attempted by card, and the dealer jokes on camera that the first attempt was "declined," with both men laughing before a further attempt succeeds off-screen. Because the entire price history here comes from the dealer's spoken figures and the video's own title, this is best treated as Rihari-and-dealer-reported pricing rather than an independently audited sale price.
What other watches has Rihari mentioned owning?
Aside from the new Datejust, the only other Rolex Rihari mentions owning is a GMT Master II, which he links to an earlier milestone. He does not name or confirm ownership of any other specific watch model during this video.
He does point out a watch he is currently wearing partway through the visit, comparing its band and gold tone to pieces the dealer shows him, but the transcript does not give a model name for that piece beyond the GMT Master II reference made near the end of the visit. The white-gold watch, the diamond-set piece he tries on for size, and the Patek Philippe are all identified as the dealer's stock rather than Rihari's property. He handles them, jokes about their weight and value, and at one point jokes about wanting "a Patek, something like that, and then AP" (Audemars Piguet) as future purchases, phrased explicitly as an intention for later, not a current holding.
At another point, looking at an expensive skeleton-style piece, the dealer or Rihari remarks "this one of these are like Nick's milestone," implying a third party, not Rihari, used a similarly priced watch to mark their own milestone. That line is about someone else entirely and has no bearing on Rihari's own watch count. It is included here only because it appears in the same transcript and could otherwise be misread as another Rihari purchase.
Is this purchase evidence that Rihari's trading produces guaranteed profits or income?
No. The video is a personal vlog built around a self-described "milestone," not an audited trading record, and it contains no verifiable performance, income, or return figures. Nothing in it should be read as a profit, income, or safety claim about trading.
Rihari frames the purchase as a reward tied to hitting an unnamed milestone, saying "usually when I hit milestones I try and treat myself to something." That is a personal, self-reported account of spending, and this article treats it as exactly that: Rihari's own narrative about his own money, not a demonstrated business result, licensing outcome, or typical trading return. At one point the dealer jokes about a diamond bracelet, saying "it's the eat up your trades and you make money," and later jokes that a purchase is "just gambling at that point," to which Rihari or the dealer replies "surely pays off." These are banter lines exchanged in a jewellery store, not trading statements, not attributed to any verified data source, and not a basis for any income or performance claim. Readers should treat every dollar figure and every reference to trading in this video as Rihari's own account, sourced only to "Rihari says" or "the video says," unless it is one of the two independently published facts cited below.
This video also does not describe a course, a signal service, a funded-account program, a licensing arrangement, or any other product. It is a personal purchase vlog filmed at a jewellery dealer. Nothing here should be read as a description of RihariFX's business model, pricing, terms, or typical outcomes for anyone who follows that brand's trading content. A watch on a wrist is a lifestyle detail, not an audited statement of earnings.
Earlier in the visit, while looking at a watch with a second time zone display, someone in the room jokes that the function is "good for trading" because it shows "different time zones." That is a passing comment about a watch feature, not a claim that owning the watch, or trading itself, produces any specific result. Global foreign-exchange trading genuinely runs across multiple time zones, which is documented independently below, but that fact says nothing about what happens in any individual trader's account, including Rihari's.
How does self-reported content in this video compare with independently verified facts?
Everything about the watch purchase itself, including ownership, price, and authenticity, comes from Rihari and the dealer on camera, with no outside verification shown. By contrast, two published sources given below carry independent verification, though neither one describes Rihari or this transaction specifically.
| Statement | Source | Independently verified? | |---|---|---| | Rihari owns a GMT Master II from an earlier milestone | Rihari, spoken in video | No, self-reported only, no receipt shown | | Rihari paid $18,500 for the blue diamond-dial Datejust | Rihari and dealer, spoken in video; matches video title | No, no invoice or bank record shown on camera | | The Datejust has factory diamonds, confirmed by code 0016 | Dealer at Lux Collective, spoken in video | No, dealer's own statement, not a third-party appraisal | | What the "milestone" behind the purchase actually was | Not stated anywhere in the video | No, the term is undefined; this article does not guess | | 68% of Australian retail CFD investors lost money in FY2024 | ASIC Report 828: Risky business | Yes, published by the Australian Securities and Investments Commission | | Average daily OTC FX turnover was US$9.6 trillion in April 2025 | BIS 2025 Triennial Survey | Yes, published by the Bank for International Settlements |
The pattern across every row is consistent: claims that originate with Rihari or the dealer, inside the video, stay unverified because no third-party record is shown on camera. Claims that originate with a regulator or a central bank carry independent verification, but they describe an industry, not an individual, and neither ASIC nor the BIS makes any statement about Rihari, his account, or this transaction.
What happened during the watch-buying trip, according to the video?
The video follows a single, linear visit to a watch dealer, and the sequence below reconstructs it in order from the transcript, from the milestone Rihari mentions at the start to the completed purchase at the end.
- Rihari says he has hit an unnamed milestone and wants to mark it with a purchase, referencing past examples like a Mustang, a Rolex, and a trip to Dubai.
- He says a contact, referred to as "the bro," has "a couple of watches" he thinks Rihari will like.
- They meet at Lux Collective on the Gold Coast, which Rihari calls "the spot" for watches and jewellery.
- Rihari tries on several pieces, including a two-tone Datejust, a blue diamond-dial Datejust, a white-gold watch, and a Patek Philippe, commenting on bands, dials, and weight along the way.
- He and the dealer negotiate the blue diamond-dial Datejust from an asking price of $22,000 down to $18,500, and Rihari accepts.
- The dealer provides box, papers, and a dial-authentication code (0016) confirming factory diamonds.
- Payment is attempted by card, which the dealer jokes was declined once before a further attempt goes through.
- Rihari puts the watch on, calls himself "stoked," and describes the purchase as "adding to the collection."
The entire sequence takes place within one filmed visit, from arrival at the dealer to walking out wearing the watch. The word "cheap," used once by someone in the room to describe the final price, is a spoken opinion inside the video, not an independent valuation, and this article does not repeat it as fact.
What do independent sources say about the market behind Rihari's trading content?
Rihari's public brand centers on foreign-exchange trading, and two independently published sources give useful context on that industry. Neither source mentions Rihari, his results, or this video, and neither should be read as a comment on his personal performance.
- ASIC Report 828: Risky business records that 68% of Australian retail CFD investors lost money in the 2024 financial year.
- BIS 2025 Triennial Survey reports average daily OTC foreign-exchange turnover of US$9.6 trillion in April 2025.
These two figures describe the scale of the global FX market and the documented loss rate among Australian retail CFD traders as a group. They do not describe Rihari's individual trading account, his win rate, or the source of the money used to buy the Datejust in this video. A watch purchase shown on camera is a personal spending choice, and it is not evidence for or against either published statistic, nor is it a substitute for audited trading results.
The general lesson for any viewer of trading-influencer content, not just this video, is to keep those two categories separate. A lifestyle clip can show a real purchase without proving anything about the trading strategy, course, or brand associated with the person in it, and a regulator's loss-rate figure can be entirely accurate for the market as a whole without describing any specific individual's account. Checking a creator's specific performance claims against a regulator's published data, rather than against the creator's own lifestyle footage, is the more reliable way to judge a trading-education brand.
That distinction is exactly why this article separates the watch story into two buckets throughout: what Rihari and the dealer say on camera, labelled as such, and what ASIC and the BIS have independently published, labelled as such. Merging the two, for example by treating a Rolex purchase as proof that a trading method works, would misrepresent both the video and the underlying regulatory data.
Which sources support these statistics?
ASIC Report 828 and the Bank for International Settlements 2025 Triennial Survey support the cited statistics. They report market-wide CFD-loss and foreign-exchange-turnover data, not evidence that a trading method, educator or reader will obtain any particular result.
- ASIC Report 828: Risky business โ 68% of retail CFD investors lost money in FY24.
- Bank for International Settlements 2025 Triennial Survey โ OTC FX turnover reached US$9.6 trillion per day in April 2025.
What questions do readers ask about this topic?
The answers below address the adjacent practical questions readers ask after reviewing the article and its source material. Each answer describes the available evidence and does not replace an independent review of current terms, risks or personal circumstances.
Does the video confirm Rihari owns more than two Rolex watches?
No. The transcript confirms a GMT Master II Rihari says he bought at an earlier milestone and a blue diamond-dial Datejust he buys on camera in this video. He says he is 'adding to the collection,' which implies more pieces exist, but no third watch, no full inventory, and no total count are shown or stated anywhere in this video. He also describes this as a repeated habit tied to unnamed milestones, not a fixed schedule with a known endpoint. Any number beyond two is not supported by this source and would be a guess.
What did the Rolex Datejust in the video actually cost?
The dealer's opening asking price was $22,000. After offering 'half price,' he names $18,500, and Rihari accepts immediately, matching the '$18.5K' figure in the video's own title. Payment is attempted by card, which the dealer jokes is declined on the first try, before a further attempt succeeds off-screen. No invoice, receipt, or bank statement appears on camera to independently confirm the final amount charged, so the figure should be treated as self-reported and dealer-reported pricing, not an audited transaction record.
Who is RihariFX, and does this video prove anything about trading skill?
RihariFX is the trading-focused brand associated with Rihari's public content. This particular video is a personal vlog about a watch purchase; it includes no trades, account statements, win rates, or audited performance figures. Even the joking reference to a watch's second time zone being 'good for trading' is banter about a watch feature, not a performance claim. It should not be treated as proof of trading skill, a guaranteed income source, or evidence supporting any specific trading strategy or educational product.
Were the other watches Rihari tried on, like the Patek Philippe, his own?
No. The white-gold watch, the diamond-set piece he tries for size, the Patek Philippe, and an Audemars Piguet-style skeleton watch he admires are all identified in the transcript as stock belonging to the dealer, Lux Collective. Only the blue diamond-dial Rolex Datejust is shown being negotiated, paid for, boxed with papers, and worn out of the store. Rihari does say he wants a Patek and an Audemars Piguet eventually, but he frames that explicitly as a future goal, not a current holding, so this article does not count either toward anything he owns today.
What does the ASIC data on CFD trading say, and is it about Rihari?
ASIC Report 828, Risky business, found that 68% of Australian retail CFD investors lost money in the 2024 financial year. This is regulator-published market data covering the retail CFD trading population as a whole, drawn from Australia's corporate and financial services regulator rather than from any individual broker or trading educator. It is not a statement about Rihari, RihariFX, or any individual account, and is included here only as independent context for readers of trading-related content.
Does the diamond bracelet joke about eating up trades and making money mean anything about trading returns?
No. That line is banter between Rihari and the dealer while examining a heavy diamond bracelet unrelated to the Rolex purchase. It is a joke inside a jewellery store, not a trading statement, not attributed to any account data, and not backed by any verified source. This article does not treat it as a claim about profit, income, or trading performance.
What was the milestone that triggered this purchase?
The video does not say. Rihari refers only to hitting an unnamed milestone and lists past examples he has marked the same way, including a car, an earlier Rolex, and a trip to Dubai. He describes the pattern as habitual, saying he does this 'every time' he hits a milestone. Because the transcript never specifies whether this particular milestone was a trading result, a business figure, a follower count, or something else, this article does not speculate about its source and treats it strictly as an unnamed personal achievement.
Does the BIS forex turnover figure say anything about Rihari's own trading volume?
No. The Bank for International Settlements reported average daily OTC foreign-exchange turnover of US$9.6 trillion in April 2025, a figure describing the entire global FX market across all banks, funds, corporations, and retail participants combined. It says nothing about any individual trader's volume, position size, or profitability, including Rihari's, and is cited here only to give readers a sense of the scale of the market behind the broader RihariFX trading brand, not as a description of his personal activity.
Which RihariFX videos support this article?
The embedded RihariFX videos and their original English transcripts are the primary sources for the source-video claims in this article. They record what was said in each video and do not independently verify performance, price, licensing or typical results.