The Downfall of Rathbone
Rathbone, head of the Gold Hoarder Trading Company and living in wealth outside of the Sea of Thieves, became disillusioned with life despite his hoard of gold and treasure continuing to amass.
One day he heard about the Shores of Gold, a golden island in the Sea of Thieves and set sail alone to this place.
Eventually he found Tribute Peak and made his way through the ruins of the Ancients, finding a throne chamber filled with all sorts of gold and jewels. As he sat in the throne he became overcome by greed, and he began the arduous task of moving the treasure from the throne room and back to his ship, piling on as much as his ship could carry.
As he attempted to leave the island, he was confronted by the combined forces of Eli Slate and Mercia with a fleet of ships. They attack Rathbone and his ship sinks.
As he sunk, he attempted to collect as much of the lost loot as he could, this lust for gold fuelling and sustaining him began his transformation into the Gold Hoarder, a Skeleton Lord with a body compromised of parts of gold and precious gems. Embedded upon his skull is a ancient key used to open locks within certain siren shrines.