Does Rolex donate 90% of what you spend on a watch? The company’s charitable contributions, explained

There are a handful of world-renowned watch companies in Switzerland that dominate the global watch community. Getting your hands on a Swiss-made watch is similar to buying a car made in Detroit. Of course, while there is Omega, Tudor, and IWC, which are near the top of the brand pyramid, one brand stands above the rest. Rolex.
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But there may be an even better reason to invest in one of these luxury timepieces — it may help others more than you have ever thought possible. While you may have heard Rolex donates 90% of its profits to charity; that may not be too far off from the truth. Read more at The Manual.