Where I live only pimps (fake), retirees who got one 30 years ago from their employer upon retiring(real), nightclub promoters (fake), and criminal defense attorneys who will berate an underaged rape victim on the stand until they break down and cry for the sole purpose of being a sociopathic dick while trying to get their pedophile golf buddy off (real) and Rolex flippers (real) own Rolexes (real or fake).
edit: also franchisees whose franchise sells the most shit so the franchiser buys them one as a prize (real)
To me, seeing a Rolex on someone's wrist puts them in the same category of dickhole as a lifted pickup truck with punisher decals on the rear window and truck nutzzzz hanging off the tow hitch.