ADVERTISEMENT

These are the watches worn by some of the most powerful men in finance

Since their inception watches have always held a special place in men's fashion. And on Wall Street that is especially the case.

null

Since it was invented over 200 years ago, the wristwatch has been an integral component of men's fashion.

ADVERTISEMENT

In addition to their practical functionality of telling time, a watch serves as a collectible piece of art that communicates the personality and style of its wearer.

With the help of Crown and Caliber, an Atlanta-based preowned-luxury watch marketplace, we've put together a list and commentary about the wristwatches worn by nine of the most powerful men in the financial services industry.

Anthony Scaramucci, formerly of SkyBridge Capital

ADVERTISEMENT

Anthony Scaramucci had been expected to serve in the Trump administration as the director of the office of public liaison and intergovernmental affairs, and won plaudits for his performance in Davos. He sold his alternative investment fund SkyBridge Capital, which he founded in 2005, in January. He was later appointed White House communications director, but only lasted 10 days in the job.

Breitling Avenger - $5,835

Scaramucci was seen during the World Economic Forum sporting a Breitling Avenger, a luxury watch that retails for $5,835.

Clifford Asness, AQR Capital

Cliff Asness is one of the co-founders of AQR Capital Management, a global investment firm based in Connecticut, US. The firm manages $180.6 billion as of December 31, 2016.

ADVERTISEMENT

Patek Phillippe Perpetual Calendar - $41,500

Asness is pictured in the prior slide wearing what the Swiss watch experts at Crown & Caliber believe to be a Patek Philippe Perpetual Calendar. It costs a whopping $41,500 pre-owned.

Warren Buffett, Berkshire Hathaway

The 'Oracle of Omaha' is known for his frugality. The 86-year-old investment legend still lives in the house he bought for $31,500 in 1957 and he doesn't own a smart phone. But there is one the thing that gives away Buffett's vast fortune: his timepiece.

Rolex Day Date President - $34,050

ADVERTISEMENT

Buffett is rarely seen without his gold Rolex Day Date President. The luxury watch retails for $34,050.

James Gorman, Morgan Stanley

James Gorman is the Chairman and CEO of Morgan Stanley, an American investment bank with over $787 billion in assets as of 2015.

Rolex Daytona - $12,198.99

Gorman has been photographed wearing many different watches. In the image on the previous slide he is sporting a silver Rolex Daytona. The watch can be purchased on Amazon for $12,198.99.

ADVERTISEMENT

Ray Dalio, Bridgewater Associates

Ray Dalio is the founder of Bridgewater Associates, the largest hedge fund in the world by assets under management. The firm manages over $104 billion as of December 2016.

With a net worth of over $16.8 billion, Dalio can afford to buy a lot of watches.

Apple Watch - $269

At this year's World Economic Forum, Dalio was photographed sporting what appears to be an Apple Watch. They retail from $269 to $1049.

ADVERTISEMENT

Stephen A. Schwarzman, Blackstone Group

Despite his fortune of over $10 billion, Stephen Schwarzman isn't flashy. The CEO of Blackstone Group, a private equity firm,uses a flip phone and prefers Swatches over luxury watches

Swatch Sistem51 - $150

Swatch Sistem51, which retails for a modest sum of just $150.00.

David Solomon, Goldman Sachs

ADVERTISEMENT

David Solomon is the president and co-chief operating officer of Goldman Sachs. He and Harvey Schwartz were named to succeed Gary Cohn in that role in December 2016.

Shinola Runwell Chronograph - $750

Solomon has been photographed wearing a Shinola Runwell Chronograph. The watch retails for $750 on Shinola.com.

Sergio Ermotti, UBS

Sergio Ermotti is the CEO of UBS Group, a multi-national financial services company based in Switzerland. Unsurprisingly the Swiss-native wears a Swiss watch.

ADVERTISEMENT

Rolex Daytona - $13,995

He has been photographed wearing a leather band gold Rolex Daytona. A similarly styled Rolex Daytona can be purchased used for $13,995 on Crown & Caliber.

Larry Fink, BlackRock

Larry Fink is the chairman and chief executive officer of BlackRock, the biggest fund manager in the world, with over $5 trillion in assets.

Tag Heuer Grand Carrera - $4,657

ADVERTISEMENT

The team at Crown and Caliber wasn't a hundred percent sure on this one. But their best guess is that Fink is wearing a Tag Heuer Grand Carrera in the picture on the previous slide. It goes for $4,657.25 on Jomashop.com.

FOLLOW BUSINESS INSIDER AFRICA

Unblock notifications in browser settings.
ADVERTISEMENT

Recommended articles

Congo is spending 22% of its scarce revenue on security - Minister

Congo is spending 22% of its scarce revenue on security - Minister

Another African country is set to get a Russian embassy

Another African country is set to get a Russian embassy

Medic West Africa 2024: A resounding success in fostering collaboration and innovation for a brighter healthcare future

Medic West Africa 2024: A resounding success in fostering collaboration and innovation for a brighter healthcare future

10 African countries with the most troubling external debt in 2024

10 African countries with the most troubling external debt in 2024

10 African countries with the least soft power influence over the world

10 African countries with the least soft power influence over the world

Kenyan government rejects calls to ban TikTok, recommends tighter control over

Kenyan government rejects calls to ban TikTok, recommends tighter control over

Congo accuses Apple of conflict minerals in its supply chain

Congo accuses Apple of conflict minerals in its supply chain

Top 10 African countries with the highest fuel prices in April 2024

Top 10 African countries with the highest fuel prices in April 2024

The gold trade in Uganda makes a huge comeback

The gold trade in Uganda makes a huge comeback

ADVERTISEMENT