Who owns Patek Philippe?
Thierry Stern is both the owner and director of Patek Philippe, one of Switzerland’s four leading independent watch brands. In an interview he explains why the prestigious Geneva-based company produces almost all its timepieces in-house, while delegating sales to outside partners. The Holy Trinity (also The Big Three) is an informal marketing term in high-end horology collectively referring to three heritage luxury watch brands: Patek Philippe, Audemars Piguet and Vacheron Constantin.The Trinity or ‘big three’ is a nickname given to the most luxurious watchmaking brands in the world. At the top of their game, the three watchmaking companies are Audemars Piguet, Vacheron Constantin and Patek Philippe.As such, the Holy Trinity of Watches is made up of three ultra-high-end Swiss watch brands: Audemars Piguet, Vacheron Constantin, and Patek Philippe. All three of these prestigious brands boast very long histories, which not only demonstrate centuries-old experience, but also continued relevance in today’s market.
Is Patek more luxury than Rolex?
Both brands represent exceptional quality in the luxury watch market. Patek Philippe wins for traditional craftsmanship and exclusivity, while Rolex excels in innovation, reliability, and accessibility. The “better” choice depends on your personal priorities, lifestyle, and budget. And frankly, these two pieces will not appeal to the same consumer! Today, we are going to take a look at what some have dubbed the watch industry’s big four: Audemars Piguet, Rolex, Richard Mille, and Patek Philippe. Each of these hallowed brands has its own distinct story, character, and style.
Is Patek owned by Rolex?
Since 1932, the company has been owned by the Stern family in Switzerland and remains the last family-owned independent watch manufacturer in Geneva. Patek Philippe is one of the oldest watch manufacturers in the world with an uninterrupted watchmaking history since its founding. What is the 216 crore watch? The Patek Philippe Grandmaster Chime, esteemed for its complexity and exclusivity, is valued at approximately 216 crore INR (according to official auction records), making it an exceptional investment-grade watch.A-010. The patek philippe grandmaster chime ref. A-010 is arguably the most difficult patek philippe watch to obtain. Released to celebrate the brand’s 175th anniversary, this timepiece features 20 complications, making it one of the most complex wristwatches ever made.Which watch do billionaires wear? You often see Patek Philippe Grandmaster Chime, Richard Mille RM 88 Smiley Tourbillon, Rolex Daytona “Le Mans” Edition, Audemars Piguet Royal Oak, and F. P. Journe Chronomètre Bleu Byblos on their wrists. These watches stand out because they use rare materials.Known for flaunting rare Richard Mille watches, he has worn pieces worth 2. Rafael Nadal edition. Now, buzz suggests he owns the ultra-rare RM 56-03 Blue Sapphire-worth a staggering 54 crore-with only three in existence worldwide.