New York Post
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Inside the race for $32 billion worth of treasure at the bottom of the sea #shorts
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November 11, 2023
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1:00Now PlayingWhile the Colombian government hustles to recover an estimated $20 billion worth of undersea treasure from the 18th-century sunken ship the San José, around the Baru peninsula, treasure hunters around the world have their own booty to recover. NY Post reporter Michael Kaplan shares this story.
From the Bahamas to Newport to Portugal, it’s believed there are billions of dollars in loot on the ocean floor, just waiting to be scooped up.
Texas tycoon Carl Allen sold his trash-bag company in 2017 and invested millions into finding what he describes as a “motherlode” in sunken ships around the Bahamas.
Allen calls such adventures “an adult Easter egg hunt,” and oceanic archeologist Jim Sinclair, who works with Allen, insists it is about more than just the riches at stake.
“It is not just the money,” he told The Post, “For me it is about piecing together the past, using what was on the ship to find out about everyone from the wealthy passengers to the slaves.”
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