Here Are The Watches 9 Wall Street Titans Wear
Masters of the Universe aren't known for having anything resembling a jewelry collection except for one item - a watch. They're collectible, gorgeous and at times incredibly expensive pieces that can be handed down from generation to generation
Exactly the type of thing a titan of any industry would want.
We've put together a list and commentary about the wristwatches worn by some of Wall Street's most public executives.
As expected, a couple of the watches are flashy. A few of them are really, really cheap by Wall Street standards. And one prominent banker doesn't even wear a watch. Ever.
(If you know of the type of timepiece that an executive at your firm wears, feel free to send the tip to jlaroche@businessinsider.com)
Check it out:
Warren Buffett, Berkshire Hathaway
Buffett, the "Oracle of Omaha," wears a gold Rolex Day-Date.
T. Boone Pickens, BP Capital
Oil magnate T. Boone Pickens also wears a yellow gold Rolex Day-Date that he purchased in 1964.
Lloyd Blankfein, Goldman Sachs CEO
Goldman Sachs CEO Lloyd Blankfein rocks a Swatch with what appears to be a clear plastic band. Swatch's tend to range between $50 to $245. It's also not exactly the sort of timepiece you'd expect a chief executive of a Wall Street investment bank to wear. Then again, Goldman is "the most hipster" bank on Wall Street.Stephen Schwarzman, CEO of Blackstone Group
Billionaire private equity chief Stephen Schwarzman also wears a Swatch. He also uses a flip phone.
Jack Bogle, Founder of the Vanguard Group
Investing legend Jack Bogle, the founder of the Vanguard Group, wears a $14 wristwatch he received from a shareholder."I received in the mail a wristwatch from a devoted shareholder in California. On the dial were printed our Vanguard logo, my name, and a phrase that was an indication I was still looking out for our shareholders: "Still on Watch." It was also an outrageous pun: "Still on Watch." Confident that it would be my rabbit's foot, I put the watch on my wrist, where, having proved itself, it remains to this day. (Yes, I knew about the $50 limit on gifts. So I checked the catalog for the price. It was $14. Talk about value!)," he wrote.
Bond guru Jeff Gundlach, CEO of DoubleLine Capital
We learned about Jeff Gundlach's watch collection when he had a bunch of his artwork and personal property stolen.According to the Santa Monica Police Department report, the watches that were stolen included a Glashutte, Breitling, A. Lange & Sohne, TAG Heuer and a Patek Philippe. We couldn't nail down prices for these specific models, but every one can run in the tens of thousands of dollars or more.
See below:
Talk about some serious wrist candy. Fortunately, the DoubleLine Capital CEO brilliantly helped the FBI recover his stolen property.