Patek Philippe Stern Family. Patek philippe like audemars piguet remains independent of the big luxury groups such as kering lvmh and richemont. The sterns family bought patek from the philippe family in 1932 during the great depression.
In the hands of the stern family since 1932 patek philippe remains at the leading edge of watchmaking technology and research into material sciences thus contributing to the continual improvement of the long term quality and reliability of its. Thierry stern net worth. Forbes estimates the net worth of the stern family at more than 3 billion.
The sterns family bought patek from the philippe family in 1932 during the great depression.
Patek philippe sa is a swiss luxury watch and clock manufacturer founded in 1839 located in canton of geneva and the vallée de joux. Forbes estimates the net worth of the stern family at more than 3 billion. The stern family has always been personally involved in the business not only as ceos chairmen and board members but also on the operating side. The stern family has been at the helm of patek philippe for 84 years.