Have you ever heard the word ambergris?
If so, you might know that it is a coveted ingredient in most high-end perfumes.
Just ask Ken Wilman, a British man who is soon to become the latest whale vomit entrepreneur!
The total sum he could see once the substances identity is confirmed?
Anywhere from $60-150K!!
Holy whale vomit, Batman.
A bit of research confirmed the rock was ambergris and could fetch upwards of $60K!
Probably not as good as youd like.
It always seems like an uphill battle to build (and keep) a decent amount in savings.
But what if your car breaks down, or you have a sudden medical bill?
Typically black or gray in color, the matter is highly flammable…and highly prized.
Whale vomit for how much?
Ambergris is usually secreted by the whale via fecal matter.
These lumps can then be found floating in the oceanand sometimes come ashore.
The average price tag for a pound of sperm whale vomit?
A whopping $5,000!
In perfumes, ambergris causes the scent to bind to the skin rather than simply evaporating.
This means a longer lasting scentand a much larger price tag on that bottle.
How to find it?
Essentially, finding a glob of ambergris is a game of luck.
Good luck, Penny Hoarders!
(Can you sense my millennial sarcasm there?)
You know which ones were talking about: rent, utilities, cell phone bill, insurance, groceries…
