Who owns Patek Philippe?
Patek Philippe has been pursuing traditional Genevan watchmaking artistry without interruption since 1839. The manufacture benefits from full creative freedom, which allows it to design, develop, and craft watches that connoisseurs consider to be the world’s finest, as pledged by its founders Antoine Norbert de Patek and Adrien Philippe. Who owns Patek Philippe? The company…
Patek Philippe has been pursuing traditional Genevan watchmaking artistry without interruption since 1839. The manufacture benefits from full creative freedom, which allows it to design, develop, and craft watches that connoisseurs consider to be the world’s finest, as pledged by its founders Antoine Norbert de Patek and Adrien Philippe.
Who owns Patek Philippe?
The company traces its origins to the mid-19th century, when Polish watchmaker Antoni Patek along with his Czech-born Polish partner Franciszek Czapek formed Patek, Czapek & Cie in Geneva on 1 May 1839 and started manufacturing pocket watches.
Patek Philippe is widely considered to be one of the most prestigious watch manufacturers in the world. As of December 2020, among the world’s top ten most expensive watches ever sold at auctions, eight are Patek Philippe watches. The company has been owned by the Stern family since 1932 and today is managed by Thierry Stern (President), Philippe Stern (Honorary President), and Claude Peny (CEO).
The Stern family is from 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.
