ADVERTISEMENT

A submarine has discovered the 310-year-old 'holy grail' of shipwrecks, and it may carry $17 billion in treasure

The 310-year-old Spanish galleon San Jose went down in the Caribbean sea during a battle with British ships in the War of Spanish Succession. It was carrying tons of gold, silver, and emeralds.

  • A team from the Woods Hole Oceanographic Institute discovered a 300-year-old shipwreck that may carry up to $17 billion in treasure.
  • The ship, the Spanish Galleon
  • The researchers identified the ship using an autonomous submarine.
ADVERTISEMENT

How's this for a lucrative discovery: Researchers found and identified what has been called the 'Holy Grail' of shipwrecks off the coast of Colombia — and it may carry up to $17 billion in treasure, according to the Woods Hole Oceanographic Institute.

Researchers are now revealing stunning details about the wreck, three years after it was first found.

The ship in question, the 310-year-old

ADVERTISEMENT

The ship was first discovered in 2015, but researchers at first kept the find under wraps. When the team from the

FOLLOW BUSINESS INSIDER AFRICA

Unblock notifications in browser settings.
ADVERTISEMENT

Recommended articles

Harsh words for the World Bank from Uganda’s president at the meeting of African leaders

Harsh words for the World Bank from Uganda’s president at the meeting of African leaders

The artificial intelligence boom is real: why are more and more companies incorporating it into their operations?

The artificial intelligence boom is real: why are more and more companies incorporating it into their operations?

The US and Uganda partner to combat a deadly enemy

The US and Uganda partner to combat a deadly enemy

See why ice is now pricier than bread and milk in this African country

See why ice is now pricier than bread and milk in this African country

8 ingenious tips to merge PDF files more efficiently

8 ingenious tips to merge PDF files more efficiently

10 most powerful African passports in 2024

10 most powerful African passports in 2024

UK sends first voluntary asylum seeker to Rwanda

UK sends first voluntary asylum seeker to Rwanda

FCMB Group records 186% profit growth, proposes 50k dividend

FCMB Group records 186% profit growth, proposes 50k dividend

Accounting with a Purpose - Moracle Ghana CEO has simplified accounting for small businesses and nonprofits

Accounting with a Purpose - Moracle Ghana CEO has simplified accounting for small businesses and nonprofits

ADVERTISEMENT