Here Are The Watches Wall Street's Biggest Players 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
AP Images
Buffett, the "Oracle of Omaha," wears a gold Rolex Day-Date.
Lloyd Blankfein, Goldman Sachs CEO
Reuters/ Lucas Jackson
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.
Jack Bogle, Founder of the Vanguard Group
Reuters/ Tim Shaffer
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
Reuters/ Jessica Rinaldi
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:
Santa Monica PD
Talk about some serious wrist candy. Fortunately, t he DoubleLine Capital CEO brilliantly helped the FBI recover his stolen property.
Hedge fund billionaire Bill Ackman, CEO of Pershing Square
Reuters/ Brian Snyder
Bill Ackman, the CEO of Pershing Square Capital, sports a watch with a black band and dark face. We can't identify the watchmaker, though.
Private equity chief executive Lynn Tilton
AP Images
Private equity chief Lynn Tilton, the founder of Patriarch Partners, wears a MASSIVE bejeweled timepiece by Jacob the Jeweler. It's definitely fits her "dust to diamonds" persona. She's going to be receiving a personalized Rolex timepiece next week along with a huge tennis award. It better have some bling!
Hedge funder Phil Falcone
Reuters/ Brendan McDermid
Hedge funder Phil Falcone wears a black sports watch (it looks like Casio G-Shock) and some friendship bracelets and beads (We're assuming his twin girls made those for him).
James Gorman, Morgan Stanley CEO
Reuters/ Yuri Gripas
James Gorman wears a stainless steel Rolex Daytona, according to Ben Clymer, the founder of watch site Hodinkee.
Jamie Dimon, JPMorgan Chase CEO
Reuters/ Yuri Gripas
Jamie Dimon doesn't wear a watch. Ever. Apparently, he doesn't care for jewelry.
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