Captains Courageous (1996)

Harvey Cheyne, Jr., second richest person in the world, orphaned and spoiled rotten, encounters a cigar and the sea on his way to England for boarding school. Seasick, over the rail for real, rescued by Dan Troop of a Gloucester fishing sailboat. Three months at sea, under a firm but fair Captain Troop (fair wages of $10.50 a month, if you don't work you don't eat). A hard life and a dangerous one, and a lot of growing up to do through hardship and tragedy.