Nicolas Sarkozy's closest personal friend Jacques Seguela
has sparked outrage in France by claiming anyone who doesn't own a Rolex watch by the age of 50 is 'a failure'.
Asked whether he approved of Sarkozy's love of flashy jewellery, the 60-year-old businessman replied: "So what if he owns a Rolex, we can't blame him for that.
"Everyone has a Rolex. If you don't have a Rolex by the time you reach 50, then you have clearly failed in your life."