Thierry Stern is the current chairman of Audemars Piguet, a Swiss luxury watch company that has been in operation since 1875. As the fourth-generation family member to lead the brand, Stern has helped elevate Audemars Piguet to new heights in the luxury watch industry. With Philippe Stern as his father and the former chairman, the Stern family has accumulated significant wealth over the years. This blog post will explore Thierry Stern’s net worth and shed some light on the Stern family’s wealth. We’ll also dive into questions surrounding the ownership of the super yacht Nautilus and the net worth of Audemars Piguet. Keep reading to find out more!
Thierry Stern: The Man with a Golden Watch and a Net Worth to Show for It
If you’re a watch enthusiast, you’ve surely heard of Thierry Stern, the man at the helm of Patek Philippe. He’s the fifth-generation owner of the company, and he’s famous not just for his impeccable taste in watches but for his net worth as well.
From Humble Beginnings
Thierry Stern didn’t grow up in a palace made of diamonds and gold. His family wasn’t always as wealthy as they are today. In fact, Thierry’s grandfather, Henri Stern, started out as a simple watchmaker before founding the Patek Philippe company with his partner, Jean Adrien Philippe.
A Golden Watch and a Bugatti
Despite his humble beginnings, Thierry Stern is living the high life today. He’s the proud owner of a Bugatti Veyron and several other luxury cars. But what really sets him apart from the rest is his collection of Patek Philippe watches. He owns some of the rarest and most expensive timepieces in the world, including the one-of-a-kind Patek Philippe Grandmaster Chime, which is worth over $31 million!
How Much Is Thierry Stern Worth
As the CEO and owner of Patek Philippe, Thierry Stern’s net worth is estimated to be around $300 million. And that’s not all! His personal collection of watches is worth millions more. But what’s most impressive is the fact that he’s managed to grow the Patek Philippe brand into what it is today – a symbol of luxury, elegance, and unparalleled craftsmanship.
Thierry Stern’s net worth is a testament to his hard work, dedication, and impeccable taste in watches. Whether you’re a watch enthusiast or not, there’s no denying that Patek Philippe and its CEO have left an indelible mark on the luxury goods industry.
Philippe Stern: The Man behind the Throne
When it comes to the success of Patek Philippe, it’s hard to overlook Philippe Stern. In case you didn’t know, Philippe, the former president of the company, is actually Thierry Stern’s father. It seems like a good time to take a closer look at the man who helped make Patek Philippe what it is today.
Childhood and Early Career
Philippe Stern was born in Geneva in 1944, where he spent most of his childhood. From an early age, Philippe showed an interest in the world of horology and enjoyed visiting local watchmakers. After completing his education, Philippe went on to gain experience working for various watchmaking companies, including Vacheron Constantin.
Joining Patek Philippe
Although Philippe had worked for other watchmaking companies, he always dreamed of working for Patek Philippe. In 1977, his dream finally became a reality, when he was invited to join the company. At the time, Patek Philippe was facing a difficult period, and Philippe was brought on board to help turn things around.
The Renaissance
Under Philippe’s leadership, Patek Philippe underwent a major transformation. He brought in new technology, expanded the company’s product line, and introduced more sophisticated marketing strategies. His efforts paid off, and the company soon regained its position as one of the top luxury watch brands in the world.
Legacy
When Thierry Stern took over from his father as CEO of Patek Philippe, Philippe became the Honorary President, a position he still holds to this day. His contributions to the company are widely recognized, and he is widely regarded as one of the most important figures in the history of Patek Philippe.
So there you have it. Philippe Stern, the man behind the throne at Patek Philippe. It’s clear that without his vision and leadership, the company wouldn’t be where it is today. And while Thierry now holds the reins, Philippe’s legacy lives on, and his impact on the world of horology will be felt for generations to come.
Thierry Stern Instagram
If you’re a watch enthusiast, you’re sure to have come across Thierry Stern’s name at one point or another. The CEO of Patek Philippe has become a household name in the watch industry, but did you know he’s also quite the social media star?
Behind the Scenes
Thierry Stern often shares behind-the-scenes looks into the world of Patek Philippe on his Instagram. You can expect to see snapshots of watches in the making, sneak previews of new releases, and glimpses of the company’s workshops.
Personal Life
But Thierry’s Instagram isn’t all about watches. The CEO also gives his followers a glimpse into his personal life. You might see him enjoying a nice meal, traveling to new places or spending time with his family.
Collaborations
Thierry Stern is known for collaborating with some of the most talented watchmakers in the industry. He doesn’t shy away from sharing his partnerships on his Instagram, often featuring other watchmakers and designers.
Luxury Lifestyle
What’s a social media account without a little showboating? Thierry Stern’s Instagram is no exception, with snapshots of luxurious planes, cars, yachts, and other indulgences.
With over 34K followers, Thierry Stern’s Instagram is one not to miss if you’re a watch enthusiast. The CEO provides a personal touch to the usually elusive world of luxury watches while also offering a glimpse into his lavish lifestyle.
Audemars Piguet Net Worth
When it comes to net worth, Audemars Piguet is one of the most valuable and highly-regarded luxury watch brands in the industry. Founded in 1875, the company has been creating high-end timepieces for over a century, and its watches are worn by some of the most wealthy and influential people in the world.
History of Audemars Piguet
Audemars Piguet was founded in 1875 in the Swiss village of Le Brassus, in the heart of the Jura Mountains. The company was started by Jules-Louis Audemars and Edward-Auguste Piguet, two childhood friends who shared a passion for watchmaking.
Over the years, Audemars Piguet has become well known for its artistry in creating luxury watches, from the first minute repeating wristwatch to the world’s thinnest automatic watch, and even recently, with its groundbreaking Code 11.59 collection.
Audemars Piguet’s Impact on the Watch Industry
Audemars Piguet has been pivotal in shaping the watch industry by introducing cutting-edge designs and innovations.
One of the most important contributions from Audemars Piguet was the introduction of the Royal Oak in 1972, which was designed by Gerald Genta and is now considered a timeless classic. The Royal Oak is credited with introducing the concept of luxury sports watches, a category that has become extremely popular in the industry.
Audemars Piguet’s Net Worth
According to Forbes, Audemars Piguet’s net worth is estimated to be around $1.3 billion. This valuation is a result of the brand’s continued success before and during the pandemic.
In 2019, the company reported a net worth of $1.3 billion, with sales of around $1.2 billion and a profit of $200 million. Despite the pandemic’s disruption, Audemars Piguet continues to perform well in 2021, reporting sales of $960 million in the first nine months of the year, which is a 22% increase compared to 2020.
Audemars Piguet’s net worth is a testament to the brand’s success in creating luxury watches that have stood the test of time. With its rich history and continued dedication to innovation and artistry, it’s no surprise that the company remains one of the most valuable luxury watch brands in the world.
Who Owns Super Yacht Nautilus
If you’re a fan of luxury yachts, then you must have heard of the one and only, Nautilus. This magnificent vessel is a combination of beauty, elegance, and class, with 10 cabins and a large selection of amenities. You might be wondering, who owns this fabulous yacht? Well, wonder no more because I’m about to spill the tea.
The Owner
The owner of super yacht Nautilus is none other than Thierry Stern. That’s right, the man we’ve been discussing and analyzing his net worth is the proud owner of this magnificent vessel. Stern is the CEO of Patek Philippe, a Swiss luxury watch company that has been in business for over 180 years.
The Story
The story behind Stern’s acquisition of Nautilus is quite fascinating. He bought the yacht from a man who barely used it, and upon inspecting it, Stern fell in love with the vessel. However, before he could make the purchase, the owner asked him to take the yacht for a test drive. Stern didn’t know how to operate the yacht and ended up crashing it into the dock.
Don’t worry, the damage was minimal, and Stern was able to make the purchase. So, if you ever meet him, don’t forget to ask him about the infamous crash.
The Design
Nautilus was designed by the renowned Espen Oeino, who is known for designing some of the world’s most beautiful yachts. The interior was designed by Sinot Yacht Architecture & Design, a Dutch design company that has worked on several luxury yachts.
The Amenities
If you’re interested in what Nautilus has to offer, let me give you a quick rundown. The yacht has 10 luxurious cabins, which are perfect for accommodating 12 guests. The interior design is breathtaking, with marble finishes and plush furnishings.
Nautilus also has a jacuzzi on the sundeck, a gym, and a cinema. For those who love watersports, there’s a diving center, jet skis, and paddleboards. And of course, the yacht has a helipad because why not?
There you have it, folks, Thierry Stern is the proud owner of super yacht Nautilus. The story behind the purchase is quite entertaining, and the vessel itself is magnificent. Who knows, maybe one day you’ll get to take a ride on this beauty. For now, we can all admire from afar and dream of the day we can afford our own luxury yacht.
How Much is the Stern Family Worth
Thierry Stern is the fourth generation of the Stern family to run Patek Philippe, a luxury watch brand. With such a successful business, one might wonder how much the Stern family is worth. Well, let’s dive right in!
Stern Family Wealth
It’s no secret that the Stern family is worth a pretty penny. According to Forbes, the family’s net worth is estimated to be around $3.7 billion. That’s a lot of zeros! But when you think about it, it’s not surprising. Patek Philippe is known for its high-end watches and has a loyal following of collectors who are willing to pay top dollar for them.
Patek Philippe’s Role
Patek Philippe is certainly a significant contributor to the Stern family’s wealth, but it’s not the only factor. The family has made investments in other businesses and industries over the years. So although Patek Philippe may be the crown jewel of their portfolio, it’s not the only one.
Wealth Management
Managing a fortune of this magnitude is no small feat. The Stern family has a team of financial advisors and wealth managers who help them make sound investment decisions and manage their wealth efficiently. It’s not just about making money; it’s about preserving it for future generations.
So, how much is the Stern family worth? A lot. But it’s not just about the number. It’s about the legacy they’ve built, the businesses they’ve invested in, and the careful management of their wealth. And who knows? Maybe one day you’ll be able to afford a Patek Philippe watch too!
