Arnold Scwarzenegger The Wall Street Journal’s Tech Live Conference in October 2023.Photo:Phillip Faraone/Getty
Phillip Faraone/Getty
Arnold Schwarzenegger’s luxury watch thatgot him detainedat Munichairporton Wednesday has officially found a new home.
The actor and former California governor, 76, handed over the expensive Audemars Piguet watch to his longtime friend Klemens Hallmann at the Dinner & Auction for Environmental Protection on Thursday, held at the Stanglwirt in Kitzbühel, Austria.
PEOPLE has learned that Hallman, an entrepreneur and investor, purchased the watch for roughly 270,000 euros (about $294,000).
Schwarzenegger, who hosted the charity event, jokingly dubbed the accessory “the most watched watch in the world right now,” the release states.
Arnold Scwarzenegger and Klemens Hallmann at the charity event on Thursday.Schwarzenegger Climate Initiative
Schwarzenegger Climate Initiative
While valuables over a certain cost often have to be declared during international travel, the source added that Schwarzenegger never received the form on which to disclose he was carrying the watch.
The actor made sure to comply with the custom agents’ requests while detained.
“He cooperated at every step even though it was an incompetent shakedown, a total comedy of errors that would make a very funny cop movie,” the source said.
Image of the Munich Airport in Germany.Getty
Getty
The actor faced another issue when he was ordered to pre-pay potential taxes on the watch.
“The officers failed to use a credit card machine for an hour until they gave up and brought Arnold to a bank and asked him to withdraw cash from an ATM to pay,” the source added. “The ATM they brought him to had a limit too low and the bank was closed. When he returned, a new officer brought a new credit card machine that worked.”
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Despite the unexpected ordeal, Schwarzenegger was finally allowed to leave the airport with the watch in hand and bring it to the auction.
Germany’s specificguidelines for duties and taxes related to customsrequire that all travelers coming from outside the E.U. declare “funds of 10,000 euros” or more and some “valuable objects such as jewelry, expensive digital cameras, and so on" may require special procedures.
source: people.com
