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The Fascinating Story Behind Who Really Owns the Luxury Watchmaker Rolex

Rolex is one of the world’s premier luxury watchmakers, but who owns it? The brand has a surprisingly complex ownership history rooted in the Swiss city of Geneva. Discover the multi-layered story behind the people and entities that have owned Rolex over the decades.

Understanding the History of Rolex

Rolex began as an independent company in 1919 when Hans Wildorf imprinted the iconic name. Until 1988, the company went through various owners who had a range of backgrounds, nationalities and beliefs. For instance, certain members of the British aristocracy were briefly associated with the ownership of Rolex at some point during its history. Finally, in 1988 Hans Wilsdorf’s former family office and trust became the sole owner of Rolex, thus closing a chapter of global ownerships that had spanned three successive generations.

The Formation of the company and its initial years

In 1905, 24-year-old German expatriate Hans Wildorf founded Wilsdorf and Davis in London, which would eventually become Rolex SA. His first watches were mass-produced with thin cases made from 9 carat gold and silver-inspired designs. By 1910, the company had seen enough success to move operations to Geneva, Switzerland where it established its headquarters in 1919. Initially, the company only made men’s wristwatches for both military and civilian purposes.

Hermann Aegler and Hans Wilsdorf’s Impact on Rolex’s Development and Success

In the early 1920s, Wilsdorf met Hermann Aegler, a Swiss watchmaker whose company had been producing the finest quality movements for other luxury clock and watchmakers. The two formed a partnership – Aegler’s company provided the movements while Wilsdorf took care of marketing, sales, and distribution. This agreement ultimately sealed Rolex’s success as a top-of-the-line luxury watch brand. Together they produced small, waterproof calibers that earned Rolex status in the industry.

Explain the Swiss-Made Label

The term “Swiss-Made” is a high standard of quality used to signify the exceptional craftsmanship and precision in luxury watches. Swiss watches must meet rigorous criteria to receive this designation, including that the movement has been made in Switzerland, maintained a certain degree of accuracy, and been thoroughly inspected. Rolex watches are wholly manufactured in Switzerland and held to stringent criteria for precision and detail. This allows them to confidently display the Swiss-Made label on every Rolex watch they produce.

The Acquisition of Tudor in 1926 and its Global Expansion

The history of Rolex is closely intertwined with the introduction of another well-known watchmaker, Tudor, in 1926. Hans Wilsdorf had always believed in evolving with the times. He was quick to realize the potential for success when he acquired the Swiss watchmaker, Tudor. This move marked an important step for Rolex’s global influence, almost immediately expanding its reach to markets in Africa and South America. With this acquisition also came a partnership between Tudor and Rolex, one that remained intact until 2002 when the two companies went their separate ways.

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