Money Watch: The Rolex Watches of Wall Street
As an image of status, renown, and wealth, it’s nothing unexpected that Rolex is a favorite of the individuals who go through their days and evenings working on Wall Street. In fact, the Rolex Submariner is essentially standard uniform among youthful and hungry analysts. In any case, there are a lot of other Rolex watches favored by business titans of Wall Street as well. How about we draw a nearer look.
Rolex Day-Date President Watches
The second most extravagant man on the planet, Warren Buffett of Berkshire Hathaway, is steadfastly loyal to his assets. He’s lived in the same house in Omaha, Nebraska since 1958. He drove the same Cadillac for ten years before he traded it in for a more up to date one of every 2016. And “Omaha’s Oracle” has been wearing the same 18k yellow gold Rolex Day-Date President watch for quite a long time. Back in 2008, Bloomberg News revealed that Buffett had said that extravagance watchmakers, for example, Geneva-based Rolex, “are great companies”. He further added, “They realize my telephone number, however they haven’t called.” Given that the private Swiss watchmaking giant will not be available to be purchased anytime soon, Buffett should choose claiming the company’s famous dress watch instead.
Chairman of multifaceted investments BP Capital Management, T. Boone Pickens, is another fan of the 18k yellow gold Rolex Day-Date. Pickens rose to fame during the 1980s thanks to his aggressive corporate acquisitions and has been wearing a Rolex President since. Pickens even wore one on the 1988 reissue of his autobiography, Boone.
Rolex Daytona Watches
Rather than a dress watch, James Gorman, CEO of Morgan Stanley, wears an energetic Daytona chronograph. Although he could certainly afford full gold models given his personal fortune, Gorman picks to wear the full stainless steel Daytona ref. 116520 instead.
Swiss native and CEO of UBS, Sergio Ermotti, is notably always impeccably dressed. Naturally, Ermotti pairs his sharp suits and extravagant shoes with fine watches. Also a fan of Rolex Daytona chronographs, we’ve spotted Ermotti wearing a yellow gold Daytona on an earthy colored leather strap, as well as a full steel model.
Co-originator and Co-Chairman of Oaktree Capital, Howard Marks, wears an assortment of extravagance watches from thin gold ones to bulkier steel ones. For instance, during his “The Most Important Thing – Origins and Inspirations” Talks at Google, Marks had on a full stainless steel Submariner with a black dial and bezel. We wager it’s the newest version too with the Cerachrom ceramic bezel.
Hollywood’s Depiction of Wall Street Wrists
Wall Street’s enormous cash and huge personalities rouse a lot of Hollywood motion pictures. Along with the yachts, cars, and mansions, characters are also often wearing enormous costly watches including some key Rolex timepieces.
While Leonardo DiCaprio wore a gold TAG Heuer while playing Jordan Belfort in Wolf of Wall Street, co-star Jonah Hill’s character, Donnie Azoff, wore a yellow gold Daytona. In addition, Steve Carell played flexible investments manager, Mark Baum, in The Big Short, while wearing a Rolex Submariner ref. 116610.
Who can fail to remember Christian Bale’s portrayal of Patrick Bateman in American Psycho wearing a two-tone Datejust ref. 16013 with a Jubilee bracelet? Although the name “Rolex” was referenced more than 20 times in the book, the film adaptation had Bateman say “Don’t contact the watch” instead of the book’s line “Don’t contact the Rolex.” Unsurprisingly, Rolex didn’t want their distinguished name associated with a particularly shocking film!
Whether in real life or on the cinema, a Rolex is part and parcel of the Wall Street wardrobe. Which of these moneymen’s Rolex watches do you like the best?