Patek Philippe, like Rolex, is a family-owned business. However, industry analysts estimate its annual revenue at approximately $1.5 billion due to its position as a leading luxury watch brand.
Audemars Piguet remains independently owned, with estimated annual revenues estimated at roughly $1.1 billion. Their commitment to limited production and exclusivity contributes to their strong market position.
Omega, founded in 1848, boasts an expansive and innovative history that dates back over 170 years. As part of the Swatch Group, Omega’s annual revenue is estimated to reach roughly $2.4 billion.
Tag Heuer, part of the LVMH Group, generates estimated annual sales estimated at over $1 billion. Their focus on innovation and their strong connection to sports have given them an edge in the luxury watch market.
Richard Mille is a relatively young brand, established only in 2001. However, its rapid ascension into prominence can be witnessed through cutting-edge technologies and futuristic designs.