Jay-Z’s time is worth lots of money—$217,800 to be exact. The music mogul helped auction off a signed Audemars Piguet timepiece at the Tony Awards’ Time to Give auction to raise money for AIDS and breast cancer research at the Four Seasons Hotel in New York City on Monday (May 17). The pricey watch was the most expensive of the 27 luxury timepieces on the auction block and features a blackened-steel case with red numbers.

Jay is one of the producers of “Fela!” along with Will and Jada Pinkett Smith. The Broadway musical is nominated for 11 trophies at next month’s 64th Annual Tony Awards.

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