Fabolous has decided to give his 7 year old quite an unusual gift for someone of his age. Fab got his son two Rolex watches. The two watches were given to his son as a Christmas gift and cost $34,000. One is a 18k yellow gold presidential Rolex and the other is a Datejust Rolex. That is quite a crazy gift for a 7 year old but it is something he could hold on to and maybe even pass down to his kids someday.