Gold pocket watch owned by the richest man on the Titanic, who died when the ship sank, fetches record $1.5 million
The watch was owned by John Jacob Astor IV, a businessman who died when the ship sank in 1912. A gold pocket watch that belonged to the richest man on the Titanic has sold at auction for a record-breaking £1.175 million, which is roughly $1.5 million.
Gold pocket watch owned by wealthiest Titanic passenger up for auction
“Astor is well known as the richest passenger aboard the R.M.S. Titanic and was thought to be among the richest people in the world at that time, with a net worth of roughly $87 million (equivalent to several billion dollars today),” according to Henry Aldridge & Son.
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