Luxury watch collection

René Benko: The search for the golden Nautilus

Benko purchased a Patek Philippe Nautilus in red gold in October 2021(Bild: Krone KREATIV/Christof Birbaumer)

Austria's most famous bankrupt had a considerable collection of luxury watches. Benko connoisseurs are now missing a particularly valuable piece in the financial juggler's insolvency proceedings.

René Benko filed for bankruptcy on March 4. Creditors are demanding around two billion euros from Austria's best-known bankrupt. But the 47-year-old financial juggler claims to be penniless and wants to live on 3700 euros a month, even though there are still assets in the private foundations he set up called Laura and Ingbe.