Patek Philippe

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Key Facts

Founded1839
FounderAntoine Norbert de Patek, Adrien Philippe
HeadquartersGeneva, Switzerland
Country of OriginSwitzerland
Parent CompanyChopard Group
CEOThierry Stern
Creative DirectorThierry Stern (President)
IndustryLuxury Watches
Revenue$2.3 billion (2024 est.)
StoresN/A (authorized dealers and salons)
Employees3,000+

The Art of Fine Watchmaking

Patek Philippe, founded in Geneva in 1839, is widely considered the most prestigious watchmaker in the world. The company has created some of the most complicated timepieces ever made, including the Calibre 89, which held the record for the world’s most complicated watch for over 25 years, and the Grandmaster Chime, its most complex wristwatch.

Generations

The brand’s famous advertising slogan, ‘You never actually own a Patek Philippe. You merely look after it for the next generation,’ perfectly captures the brand’s philosophy of creating heirloom-quality timepieces that appreciate in value over time. Vintage Patek Philippe watches regularly achieve record prices at auction.

Family Independence

Owned by the Stern family since 1932, Patek Philippe remains fiercely independent, refusing all acquisition offers. President Thierry Stern continues the family’s tradition of uncompromising quality and limited production, maintaining Patek Philippe’s position at the apex of horology.