Watch You Wearing: Alice Eduardo

Alice Eduardo: Master of Time

A respected leader in business, Alice Eduardo is the President and CEO of one of the largest construction companies Sta. Elena Construction and Development Corporation. She is also fondly called as the “Woman of Steel” in reference to her involvement in the construction industry.

What many people do not know is that one of the key pillars behind her success is her mastery of time. This mastery of time and her love for machines is manifested through her vast collection of timepieces. Alice was gracious enough to share with Watch Manila some of her favorite timepieces. 

Before we take a peek at some of her watches, let us first understand how Alice has commanded time to be on her side.

Master of Time

Most of the people usually deal with the struggle of work-life balance. This, however, is not the case with Alice. Instead of drawing a fine line between work and life, Alice strives to harmonize both. This is how she manages to exceed both the strong demands of work and family life. 

Alice Eduardo with her children (standing) and her parents (sitting). Image from Alice Eduardo.

Aside from being a full-time boss at Sta. Elena, Alice is likewise a hands-on mother to her wonderful children. Furthermore, Alice makes sure to have breakfast daily with her parents. Weekends are usually reserved for bonding with her children, her parents, and her siblings with their families. 

Her close relationship with her family fuels her with positive energy to hurdle her work throughout the week. This is why Alice is laser-focused when she’s working, resulting to success. Her business success, in turn, allows her to spend more quality time with her family. The cycle which Alice has created is one worth emulating as both work and family do not sacrifice for each other. 

When the world was hit with the COVID-19 pandemic, Alice gave an even greater emphasis on family bonding and quality time. Alice knows that time is something which you can never buy. And this is why she makes sure to give time and prioritize the people and the things that really matter in life.

To be constantly reminded of how precious time is, Alice has steadily collected a handful of fine timepieces.  

Beginnings of her Collection

Alice’s first notable watch was a Rolex Datejust similar to this.

As with many watch collectors, Alice Eduardo’s first notable and expensive watch was a Rolex Datejust in two-tone. The Datejust was the standard go-to watch for business leaders from the 1980s up to the 2000s. Not long after, Alice purchased a gold Rolex Datejust in a President bracelet. Next, Alice moved deeper into the world of watches as she purchased a Patek Philippe Nautilus and a Patek Philippe Aquanaut.

Richard Mille

Alice with one of her Richard Mille RM-07 watches and an image of a similar Richard Mille watch.

By the late 2000s, Alice’s watch collection was already notable. This is the time when she stumbled upon a then little-known brand called Richard Mille. Alice recalls that when she first saw a Richard Mille watch in a boutique window in Singapore it was “love at first sight”. She describes the watch design with the brand’s tagline “a racing machine on the wrist”. Alice then entered the store to try on the RM-07 which she initially expected to be heavy. To her surprise, the watch was very light. Not long after she visited Singapore, Alice purchased her first Richard Mille, the RM-07, in the brand’s boutique in Beverly Hills.

Some of Alice’s Richard Mille models: RM-067 (L) and RM-037 (R). Below the two watches is a dedication written by Mr. Richard Mille to Alice.
Alice’s RM-023.

The RM-07 would soon be joined by several other Richard Mille models, including the RM-037 and the RM-067. Her love for the Richard Mille watch brand has led her to become friends with Mr. Richard Mille himself and his family. In fact, during one event which Mr. Mille hosted in Paris, he confided to Alice that the RM-023 is so “you”. Eventually and unsurprisingly, Alice purchased the watch.

Other Watches

From left to right: Rolex Daytona with diamonds, Rolex Daytona (Panda dial), Patek Philippe Aquanaut ref. 5167R.

Alice also adores her other watches aside from Richard Mille. Among her other favorites are her Rolex Daytona, Patek Philippe Nautilus, and Patek Philippe Aquanaut. She also has watches from other well-loved brands such as Cartier, Audemars Piguet, and Roger Dubuis, among others. 

Lessons in Buying Watches

Alice Eduardo with Watch Manila Founder Sieg Suarez

Considering her extensive experience in collecting watches, there are three lessons which everyone can learn from Alice when buying a watch: 1. You must like the watch; 2. Buy to commemorate; and 3. Always remember that the most important thing the watch represents is time itself.

When you buy a watch, you have to keep in mind that you will be the one using it. As such, you have to make sure that the watch is comfortable and is visually appealing to you. The watch you purchase will accompany you for a long time and it is important that you choose a watch which you like and not what others like.

Alice is one who believes in commemorating certain milestones with watches. She points out to several watches in her collection which represented some of the major projects which she closed. You may also purchase a watch to commemorate the birth of a child or an important anniversary milestone. At times, you do need to remind yourself of what you’ve achieved so far in life and a timepiece serves as a great reminder.

Lastly, Alice knows that all the watches she’s accumulated are merely reminders of God’s gift of time. While we can appreciate the beauty, the craftsmanship, and the complications of a timepiece, we always need to be reminded that the biggest value in watches is what it ultimately represents: time itself and how we spend it.

Alice Eduardo is a truly inspiring woman. With time on her side, Alice continues to work on her projects and dream even bigger. Alice lives by the quote “if you are willing to work hard, you can achieve anything. No structure is too grand, or task too difficult. No dream is out of reach.” Alice is living proof that hard work coupled with the understanding of time pays off.

A version of this story was published by ABS-CBN.

Business Leaders and their Watches (Most Liked Posts)

For the past year, Watch Manila has been identifying the watches of the men and women who lead Philippine business scene. We look back at the most liked posts of business leaders and their watches.

Jaime Augusto Zobel De Ayala

Jaime Augusto Zobel De Ayala (Rolex Explorer and IWC Portuguese)

Jaime Augusto Zobel De Ayala has just recently relinquished his post as the President and CEO of Ayala Corporation, one of the largest and oldest conglomerates in the Philippines and in Southeast Asia. Currently, he has stepped back to a more relaxed role as Chairman of Ayala Corporation.

Jaime has been seen wearing different watches. So far, Watch Manila has identified a Rolex Explorer 39mm (Mk I), Rolex Air-King, an IWC Portuguese, and an Audemars Piguet Royal Oak.

The first ever post of Watch Manila features Jaime Augusto Zobel De Ayala wearing his Audemars Piguet Royal Oak.

Fernando Zobel De Ayala

Fernando Zobel De Ayala and his Patek Philippe Nautilus

Fernando Zobel De Ayala ascended to the position of President and CEO of Ayala Corporation on April 2021 after his older brother Jaime Augusto Zobel De Ayala stepped down. Ayala Corporation has business interests in real estate, banking, telecoms, energy, and infrastructure among others.

In the image, Fernando is seen wearing the much coveted Patek Philippe Nautilus. The current iteration of the plain steel Nautilus (ref. 5711) has been discontinued earlier this year. A limited run of green ref. 5711s have been introduced at the recently concluded Watches and Wonders.

Felix Ang

Felix Ang and his IWC Portuguese Perpetual Calendar

Felix Ang is the President of Auto Nation Group, the general importer and distributor of Mercedes Benz vehicles, parts, and accessories in the Philippines. Aside from this, Felix is also responsible for the presence in the Philippines of Jaguar, Land Rover, Dodge, Chrysler, Jeep, Harley-Davidson, among others.

Felix has been seen wearing an IWC Portuguese Perpetual Calendar IW5021. The IWC features a moonphase, date, month, day, and a perpetual calendar which doesn’t need to be adjusted until the year 2100.

Carmen Jimenez-Ong

Carmen Jimenez-Ong and her Patek Philippe Aquanaut

Carmen Jimenez-Ong is the CEO and Founder of Menarco Development Corporation. Her first project, the Menarco Tower, is known as the healthiest building in Southeast Asia and is certified gold in both LEED and WELL. Carmen is the daughter of one of the owners of GMA Network, Menardo Jimenez.

Carmen is seen wearing one of the earlier versions of the Patek Philippe Aquanaut. The Aquanaut was launched by Patek Philippe in 1997. The case was inspired by that of the Nautilus.

Alice Eduardo

Alice Eduardo and her Rolex Daytona

Alice Eduardo is the President and CEO of Sta. Elena Construction. Alice is often referred to as the “Woman of Steel”. Her company is responsible for the foundations of several landmarks in the Philippines such as the SM Mall of Asia, Solaire Resort and Casino, City of Dreams Manila, among others.

Alice has been seen wearing a Rolex Daytona and a Richard Mille RM07. The Rolex of Alice in the image above is the so-called Rolex Daytona “Panda” due to the design which resembles in some way the color scheme of a panda. This is one of the most difficult models to get from Rolex.

The Watch That Every Serious Collector Should Have

Currently, it can be said that the most sought-after watches are the Patek Philippe Nautilus ref. 5711, Audemars Piguet Royal Oak, and the Rolex Daytona. Some may have a longer list, but globally, the three watches are some of the hardest to get. The three watches have made their contentions on why the watch collecting world wants them. However, there is one watch which I believe many people are missing out on. I’m talking about the Vacheron Constantin Overseas.

Vacheron Constantin ref. 222. Image from Phillips Auctions.

The story of the Overseas started in 1977 with the launch of the sports watch Vacheron Constantin ref. 222. The reference is in relation to Vacheron Constantin’s 222nd anniversary. The watch was designed by then 24 year old Jorg Hysek. The 222 was produced in a limited run of 500 pieces in all metal and dial variations. One of the highlights of the 222 is that it features a small Maltese cross (the logo of Vacheron Constantin) near the 5 o’clock marker, outside of the bezel.

The first Vacheron Constantin bearing the model name “Overseas”. This had a production run from 1996-2004.

In 1996, Vacheron Constantin launched the Overseas. This watch was the successor to the 222. It was more refined and it was the first model which had hints of the Maltese cross on its bezel. Noticeable in this model is that the bracelet looks like an ordinary watch bracelet, without any unique design. Internally, it still did not feature an in-house movement.

Vacheron Constantin Overseas from 2004-2016. Image from Monochrome Watches.

In 2004, the Overseas was updated again. Aesthetic improvements include the newer bracelet and a stronger accent of the Maltese cross on the bezel. The 2004 update features for the first time the middle part of the bracelet having some design elements of the Vacheron Constantin logo integrated in it. At this point, mechanisms are still modified movements of other brands, including Jaeger-LeCoultre.

The current Vacheron Constantin Overseas ref. 4500V/110A-B128

The current iteration of the Vacheron Constantin Overseas was launched in 2016. The model has perfected the integration of tradition with modernity. The current Overseas models range from the simple self-winding ones up to the complicated models with tourbillons, perpetual calendars, moon phases, and more. The Overseas now feature in-house movements. All the movements feature the Hallmark of Geneva, or the “Geneva Seal”. Watches given the Geneva Seal have been thoroughly tested for quality.

Some of the gold models of the Overseas.

Commonalities of the Royal Oak, Nautilus, and Overseas

It is important to note that the Audemars Piguet Royal Oak, the Patek Philippe Nautilus, and the Vacheron Constantin Overseas (previously 222) shared three notable things: decade of launch, base of movement, and unibody design.

All three watches were launched in the 1970s, during the time when quartz seriously threatened the Swiss watch industry.

All three watches used movements based on Jaeger-LeCoultre’s caliber 920.

Lastly, the Nautilus, Royal Oak, and the Overseas all had a unibody design wherein the metal bracelet was integrated to the watch case.

Why should every serious watch collector have a Vacheron Constantin Overseas?

Made by Vacheron Constantin

Anything made by Vacheron Constantin is guaranteed to be of the highest standards. Vacheron Constantin leaves no aspect undone, both externally and internally. The materials used in the case and the bracelet are solid and are of quality. The movement, as mentioned earlier, features the coveted Geneva Seal.

Versatile

You receive a metal bracelet, a rubber strap, and a leather strap when you purchase an Overseas.

When you purchase the Overseas, you get a metal band (steel or gold), a rubber strap, and a leather strap. Switching is made easy through a quick change mechanism. The best part of it all is that the Overseas looks good in all of the bands. With the inclusion of the three bands, you have a watch which can adapt to any situation.

Unique

Despite the long lines for the Patek Philippe Nautilus, Audemars Piguet Royal Oak, and the Rolex Daytona, these watches can be seen all over the place. There’s just an irony that it is unavailable but then many people have it. Due to the increasing prices brought about by speculation, these watches have lost some intrinsic value as they have become commodities and trading items for some. The Overseas does not suffer from the problem of long lines and price speculation. You will be able to purchase and obtain an Overseas in a similar time as you would with any Vacheron Constantin piece. You will also be secured in knowing that there are not much people who purchase and flip the Overseas for a higher price. And lastly, you will be happy to know that you will likely be the only person wearing the Overseas in a room at any given time.

People are asking why the Overseas has not reached the same level of cult-like following as with the Nautilus, Royal Oak, and the Daytona.

The easiest answer would be that Vacheron Constantin is not as aggressive in marketing the watch. Another answer is that there are much fewer celebrities and known personalities wearing the watch.

But then again, does Vacheron Constantin really want that attention? I would say that the attention is not needed. Watchmaking perfection is not dependent on the attention a watch gets. Watchmaking perfection depends on the craftsmanship of the watch combined with the appreciation of a person. Given this, I can say that the Overseas is truly a masterpiece and it remains a watch reserved for those with greater discernment in watches. There is absolutely no need for a cult-like following to understand that the Overseas is an absolute treasure.

Vacheron Constantin Overseas is available through its boutique. Starting price of the quartz model (33mm) is at P770,000. Starting price of the self-winding models are at P1,050,000. (37mm) and P1,130,000 (41mm).