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Cambodia’s PM Earns $2,500 a Month. Where Did He Get So Many Million-Dollar Watches?
“Probably the richest leader on the planet who rules the poorest country in the world,” wrote one Cambodian Facebook user.
Another asked: “Should I be proud or be ashamed?”
———“Loyalty [to Hun Sen] is handsomely rewarded—the tycoons variously appear to have enjoyed immunity from the law, the rich spoils of the government’s state looting and the use of state forces to guard company operations and violently crackdown on protests against them,” the report reads.
“Hun Sen’s love for multi-million dollar luxury watches is just obscene in a country where per capita GDP is just $1,500 a year,” Andrew MacGregor Marshall, a lecturer at the Edinburgh Napier University, told VICE News.
——–“A leader like Hun Sen will not be ashamed of being seen wearing a $3,200,000 Patek watch even if it appears glaring in a poverty-stricken country because it shows his fitness to rule,” Strangio said. “The same is true with many parliamentarians from his ruling Cambodian People’s Party (CCP), a lot of them are incredibly wealthy and have remained in power for so many years because of the political system that plays to their benefit.”
“Wealth and power mutually reinforce and complement his strongman image, even if many Cambodians resent it,” he noted.
———-Indeed, shielded by Hun Sen’s power and influence, his family has engaged in a “huge network of secret deal-making and nepotism that emanates from the Hun family and underpins the Cambodian economy,” according to a Global Witness report on the Hun clan’s fortune.
———–“Hun Sen has always emphasized that he is a man of the people and compares himself to them. He’s good at speaking the rural idiom and often says he understands the hopes and desires of rural folk. But discontent is rising, with landgrabs, evictions, and job losses,” Strangio said.
“Hun Sen is growing increasingly out of touch with Cambodians because he is surrounded and in a sense, protected by layers of yes men and advisors filtering reality to him. And more young Cambodians are connecting the dots, being able to criticize the regime and system in ways their elders could not.”
Prime Minister Hun Sen promotes a carefully curated everyman image, but his wrist tells a different story. By Heather Chen Original source for your reference: The VICE, July 27, 2020, 10:43pm
As the tagline goes: “You never actually own a Patek Philippe. You merely look after it for the next generation.”
In the world of luxury, a Patek watch isn’t just a device for telling time, it’s a one-of-a-kind handcrafted heirloom that transcends generations—the cheapest model can set one back by tens of thousands of dollars, while the finest run into the millions.
The watches are the kind of status symbol at home on the wrists of billionaires, CEOs, playboy philanthropists—and, curiously, the strongman ruler of one of the world’s poorest nations.
Prime Minister Hun Sen of Cambodia appears to be an avid Patek Philippe fan, and his love hasn’t gone unnoticed on social media, where he was called out for wearing a $1.2 million Sky Moon Tourbillon with a hand-engraved white gold bezel and blue leather strap.
“No one simply rents a Patek Philippe watch. It is a very high end brand that’s associated with big players,” said Tom Chng, founder of the Singapore Watch Club, who examined a separate post featuring Hun Sen on Instagram, and confirmed the watch featured to be another, even more expensive Patek.
“Hun Sen’s watch is no ordinary watch; it’s a rare and unique find. The high-end elements like the diamond enamel dials and handcrafted motifs combined with the level of master artistry that went into creating such a bespoke piece will definitely fetch a sky-high auction price,” Chng told VICE News. “I definitely wouldn’t see a man of Hun Sen’s status having any issue with getting his hands on a model like this.”
However, Hun Sen came from humble beginnings, and has been in either the military or public service his entire professional life, currently earning a modest official salary of about $2,500 a month. He also cultivates a carefully nurtured everyman image, disseminating images of himself hobnobbing with farmers and motorbike taxi drivers via his widely followed Facebook page.
But according to an eagle-eyed watch enthusiast blog, he has been spotted wearing watches with values totalling close to $9 million, including a rare limited edition Richard Mille Tourbillion Sapphire Dragon valued at $950,000, a model exclusive to Asia with only 55 of its kind available in the world.
“The pretense that Hun Sen earns this salary is absurd. Nobody will buy the idea that he is able to afford these million dollar watches on his salary alone,” said Sebastian Strangio, a Thailand-based political observer and author of the book Cambodia: From Pol Pot to Hun Sen and Beyond.
Indeed, the post with Hun Sen’s Patek Tourbillon caught the attention of many Cambodians and drew a flurry of critical comments, with some questioning where Hun Sen’s money came from.
“Probably the richest leader on the planet who rules the poorest country in the world,” wrote one Cambodian Facebook user.
Another asked: “Should I be proud or be ashamed?”
Both poverty and corruption remain deep-rooted in Cambodia, a Southeast Asian country where an estimated 2.8 million people live below the poverty line, and millions more hover near it. In Transparency International’s 2019 Corruption Perceptions Index, Cambodia scored an abysmal 20 out of 100, ranking 162 out of 198 countries.
Indeed, Hun Sen’s family and inner circle have “profited hugely from the system of grand corruption instituted during his reign,” according to a 2018 Global Witness report.
“Loyalty [to Hun Sen] is handsomely rewarded—the tycoons variously appear to have enjoyed immunity from the law, the rich spoils of the government’s state looting and the use of state forces to guard company operations and violently crackdown on protests against them,” the report reads.
“Hun Sen’s love for multi-million dollar luxury watches is just obscene in a country where per capita GDP is just $1,500 a year,” Andrew MacGregor Marshall, a lecturer at the Edinburgh Napier University, told VICE News.
“Even with Chinese money being pumped into Cambodia, most Cambodians survive on less than $5 a day. The prime minister and his ruling elite are amassing immense, stunning wealth and there is a clear correlation between them and other countries in the region which sees the boldness of such demagogues in their ostentatious displays of wealth and nepotism.”
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