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Benzinga
Benzinga
Business
Margaret Jackson

A $17K Rolex 10 Years Later Could Be Worth $58K – Kevin O'Leary Explains Why Your Home Policy Doesn't Protect the Value of Watches

Bangkok,Thailand-,Feb,20,2022,:close,Up,Rolex,Gmt-master,Ii,"batman"40mm

Known as Mr. Wonderful from "Shark Tank" and the signature timepieces he wears with a red watch band, venture capitalist Kevin O'Leary has learned the hard way how to protect his collections.

O'Leary has had two of his personal watch collections stolen over the years, prompting him to become a critic of the traditional insurance market and leading him to launch his own specialized insurance platform.

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