How can I justify myself as a Magnate if I don't indulge myself?

Gu Heng watched as the proxy bidder put down the mobile phone, aware that the two heavyweight outsiders who had been bidding against him had both given up. His gaze turned toward Frederick Arno, seated on the opposite side.

Perhaps others cared about the investment value of the 6002G-001, but Gu Heng didn't give a damn.

He bought the watch to wear it, to show off in front of others.

Even if he had to overspend and lose money, it didn't matter, because today he was indulging himself. He knew the reward system wouldn't let him down after the auction. Compared to the rewards, the loss was inconsequential; it was like paying for the emotional value.

Frederick Arno's gaze was also on Gu Heng at that moment.

Seemingly sensing Gu Heng's determination to win, Frederick, his face freckled, offered a resigned smile, raised a finger, and then lifted his bidding sign, "15 million Euro."

This bid not only shocked the bidders and the audience watching the live broadcast but even Celia, the auctioneer, paused in surprise before calling out in a trembling voice, "Mr. Frederick Arno bids 15 million Euro!"

Comments in the live broadcast's chat started rolling again...

"15 million Euro? For real?"

"I remember at Christie's auction in 2023, a 6002G-001 went for only 5.8 million US Dollar. Why is it so outrageous this time?"

"Let me enlighten you above, the Christie's auction wasn't for a 6002G-001 but for a different model from the same series. It was only later wrongly publicized as a 6002G-001. And this watch, I checked on Patek Philippe's official website right before the auction started; it has the '01' serial number."

"Correct above, but I have to interrupt. In the secondary market, the highest price for a 6002G-001 was 9.4 million Euro in 2021. Even with appreciation now and the Euro's depreciation, under these dual conditions, the price shouldn't have reached 15 million, no exaggeration. This watch has surged by a whole 5 million Euro!"

"Auctions are just like that, no control based on market price. Last year a Picasso went for 140 million US Dollar. Compared to that, 15 million Euro isn't much. After this auction, the other two 6002G-001 watches will see their value increase by 2 million Euro each, maybe even more! I'm somewhat envious of the owners of those other two watches; they made 2 million Euro without lifting a finger."

Gu Heng was unaware of the discussions in the live stream. He glanced at Frederick Arno, who had comfortably settled back into the sofa after making his bid, realizing the meaning behind that single finger raised...

It meant that was his only bid; if you continue, I'm out...

Gu Heng wasn't sure if he had misunderstood the gesture, but he still raised his bidding sign, without calling out a price.

Though still in shock, Celia did not forget her duty and quickly announced the new bid of 15.05 million Euro.

Then, she looked at Frederick Arno with anticipation, hoping he would continue the bidding war with Gu Heng...

But Frederick Arno didn't bid again. Instead, he started clapping softly in advance as if to celebrate Gu Heng's acquisition of the '01' series 6002G-001...

"15.05 million Euro once!"

"15.05 million Euro twice!"

"15.05 million Euro three times!"

"Sold!"

"Congratulations to Mr. Gu for securing the '01' series 6002G-001 for 15.05 million Euro. I also wish to announce that this 6002G-001 has set the highest auction price in the watch industry!"

Celia knew the bid was the absolute limit, with no one else likely to counter, so she wasted no time and politely wrapped up before knocking her gavel...

Overbid by more than 5 million Euro...

This auction was like a dream...

Especially for Ouyang Nana seated beside Gu Heng, it was as if she was in a dream...

15.05 million Euro, converting to RMB, that's 1.17 billion...

Back home, there aren't many people with that kind of asset, let alone spending it on a small watch...

If wearing her own 700,000 Euro watch was like wearing a house on her wrist...

Then Gu Heng was wearing an estate on his...

Oh no...

Even pricier than an estate...

After all, the estate Gu Heng bought was only 12.5 million Euro. This watch was another 2.55 million Euro more expensive...

.....

Frederick, Nicolas, and Douglas, without waiting for the auction to disperse, came straight to Gu Heng's sofa to congratulate him on his purchase.

"Tsks, Gu Heng, your wealth is now quite surprising to me. But with the estate and vineyard I sold you, and today's auction fees, you owe nearly 80 million Euro, right?

I'm wondering if you won't be able to come up with the cash and will have to cancel our deal."

Douglas looked incredulously at Gu Heng, shocked as he spoke.

It's not surprising he was doubtful; Gu Heng had been spending lavishly...

In the few days he spent with Gu Heng, Gu Heng first reserved an estate worth 12.5 million Euro, then a vineyard close to 50 million Euro, and now he swung by Geneva, doing nothing, yet spending 15 million Euro at an auction for a watch...

And the most terrifying part was, Gu Heng didn't come to Geneva to buy watches.

He was here for the air show tomorrow to buy private jets...

This level of spending was beyond even the wealthiest of the trio, Frederick Arno. After all, Douglas had known Gu Heng for only a few days and was bound to be a bit skeptical...