Who Owns Patek Philippe?

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Patek Philippe SA is a Swiss-French producer of high-end watches and clocks that is situated in the Vallée de Joux in the Canton of Geneva.

It was founded in 1839 and was given the names Antoni Patek and Adrien Philippe in honor of two of its founders. Some of the most intricate mechanical watches are produced along with other timepieces and movements that are designed by the company. Across Asia, Europe, North America, and Oceania, the corporation has more than 400 retail outlets and more than a dozen distribution sites. A Patek Philippe Museum was established in Geneva in 2001.

Patek Philippe is frequently considered as one of the world’s most prestigious watch manufacturers. Famous Patek Philippe customers and watch owners over the years have included the likes of Queen Victoria, Queen Elizabeth II, Princess Diana, Pope Pius IX, Marie Curie, Albert Einstein, John F. Kennedy, Nelson Mandela, Pablo Picasso, Pyotr Tchaikovsky, and Leo Tolstoy. Eight of the top 10 most expensive watches ever sold at auction in the world as of December 2020 are Patek Philippe timepieces.

Who Owns Patek Philippe?

The Stern family of Switzerland has held the business since 1932, and it is still the only family-owned independent watch manufacturer in Geneva. With a continuous watchmaking history dating back to its founding, Patek Philippe is among the oldest watch manufacturers in the world.

Source: Vimbuzz.com

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