Business

Here Are The Watches Wall Street's Biggest Players Wear

Posted August 25, 2014 11:00 pm

Julia La Roche

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:

<h2>Warren Buffett, Berkshire Hathaway</h2>

Buffett, the "Oracle of Omaha," wears a gold Rolex Day-Date.

<h2>Lloyd Blankfein, Goldman Sachs CEO</h2>

<img src="http://static2.businessinsider.com/image/530ba1d26da811ce238ff20e-1200-632/screen-shot-2014-02-24-at-2.46.53-pm.png" alt="Lloyd Blankfein, watch" border="0" width="600">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.

<h2>Jack Bogle, Founder of the Vanguard Group</h2>

<span><img src="http://static1.businessinsider.com/image/530ba4de6da81196368ff205-690-380/screen-shot-2014-02-24-at-2.59.12-pm.png" alt="Jack Bogle" border="0" width="600"></span>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.

<h2>Bond guru Jeff Gundlach, CEO of DoubleLine Capital</h2>

<img src="http://static2.businessinsider.com/image/530baa5a6da8116d488ff216-979-458/screen-shot-2014-02-24-at-3.22.58-pm.png" alt="Jeff Gundlach" border="0" width="600">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 <span>Patek Philippe</span>. 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. <span>Fortunately, t</span><span>he DoubleLine Capital CEO brilliantly </span>helped the FBI recover his stolen property.

<h2>Hedge fund billionaire Bill Ackman, CEO of Pershing Square</h2>

<span><img src="http://static3.businessinsider.com/image/530ba9c56da81172488ff205-772-408/screen-shot-2014-02-24-at-3.20.29-pm.png" alt="Ackman watch" border="0"></span>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.

<h2>Private equity chief executive Lynn Tilton</h2>

<span><img src="http://static1.businessinsider.com/image/530cc67469bedd4d277aab0c-830-401/screen-shot-2014-02-25-at-11.35.01-am.png" alt="Lynn Tilton watch" border="0"></span>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!

<h2>Hedge funder Phil Falcone</h2>

<img src="http://static1.businessinsider.com/image/530cc0ef6bb3f7636669e8c9-966-448/screen-shot-2014-02-25-at-11.11.05-am.png" alt="Falcone" border="0">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).

<h2>James Gorman, Morgan Stanley CEO</h2>

<img src="http://static5.businessinsider.com/image/530cb86ceab8ea29232de3ed-1014-474/screen-shot-2014-02-25-at-10.35.43-am.png" alt="James Gorman watch" border="0">James Gorman wears a stainless steel Rolex Daytona, according to Ben Clymer, the founder of watch site Hodinkee.

<h2>Jamie Dimon, JPMorgan Chase CEO</h2>

<img src="http://static5.businessinsider.com/image/530cbe7c69bedd5b0e7aab07-897-386/screen-shot-2014-02-25-at-11.01.22-am.png" alt="Jamie Dimon" border="0">Jamie Dimon doesn't wear a watch. Ever. Apparently, he doesn't care for jewelry.

<ul><li>There Are 2 Simple Reasons Why Young Wall Streeters Are Getting Big Raises</li><li>BANK OF AMERICA AGREES TO PAY $16.65 BILLION SETTLEMENT</li><li>Wall Street's Commodities Analysts Are Getting Their Hands Dirty In America's Corn Fields This Week</li><li>PIMCO HAS BED BUGS</li><li>How One Wall Street Bank Put Together One Of The Biggest Art Collections In The World</li></ul>

Article Categories
Business