A CarbonTPT case weighs light on the wrist and provides important resistance for daily use while functions are underlined by colour coding. It took more than five years of development to perfect this model. I think in that crowded marketplace, even at 20,000 Swiss Francs, I wouldnt know where to start. This sturdy, stunning timepiece is a blend of art and technicalities with a smart mechanism, featuring a function selector along with hour, minutes, and seconds and exalted nameplates of watchmakers kept within the limited design. Felipe Massa was one of our first ambassadors and hes the best person you can possibly want to spend an evening with. Beyond 18-karat gold, this watch features pricey titanium and Richard Milles proprietary casing made of carbon and gold leaf. Luxury Richard Mille Watches for Sale in South Africa French IndyCar driver Simon Pagenaud joins the Richard Mille family. The RM UP-01 Ferrari proved to be the biggest breakthrough that merely measures 1.7mm thick, being thinnest was not the only exceptional reason for this timepiece but it is mainly about accuracy and speed. Richard Mille has an estimated net worth of $1 million to $5 million. As a proud independent, Richard Mille has built a brand from scratch, gaining the respect and admiration fromwell, everyone. I dont think we are one of those for the next-generation brands. . Its a nice area to work in. Richard Mille's Ccile Guenat on the Talisman watches | Wallpaper In early 1999, Mille and Dominique Guenat drew up their plans and created the foundation for the Richard Mille brand, in partnership with Guenat S.A. Montres Valgine and APR&P. The RM 001 tourbillon, launched in 2001, was in development for three years. My goal was to create a new, ultra-high-end luxury segment within the high-end watch business, and I was very eager to know what could come of it.'. Manufacture RICHARD MILLE RICHARD MILLE Its been 18 years since Richard Mille launched the brand under his name, with his partner Dominique Guenat. Covid-19 shutdowns prevented Richard Mille from surpassing one billion Swiss francs in turnover, but its only a matter of time for the brand which checked out of2020 with its most complex chronograph to date. A few months later, the RM 27-02 Tourbillon Rafael Nadal demonstrates the first unibody baseplate. Weve been circled a little bit because of course we are the dream for them. Free diver Arnaud Jerald, show jumping champions Carlos Hank and Flore Giraud and the UAE cycling team complete the list of the brand's partners. There are very few brands that have the records we have where the watches are selling for more than their original price. Easily recognized by their tonneau style cases and innovative designs, the brand's watches have not only become a favorite of collectors, but also of celebrities and athletes such as Rafael Nadal, Bubba Watson, Yohan Blake, and Charles Leclerc. With its extra-flat, rectangular case, it becomes the first watch of the collection to depart from the iconic Richard Mille tonneau shape. Richard Mille participates for the first time in the Salon International de la Haute Horlogerie (SIHH) and few months later, introduces the RM 027 Tourbillon, which the new partner Rafael Nadal wears on his wrist at Roland Garros. The Richard Mille RM 037, from 2012, is the first of 12 watches the brand has developed entirely in-house to date. The watch took 3,000 hours to assemble and cost a whopping $2.5 million. Its a great thing about having a brand that is 15 years old not 150 years old. The acclaimed brand produces less than 5000 watches a year. With a shared love for racecars, engineering, and years of watchmaking expertise, the two friends joined forces to create the perfect watch. Although the majority of watches by the Richard Mille brand cost somewhere around $5000000 that includes the popular RM056 with a worth of $2.2 million. His multi-million-dollar net worth grew thanks to sponsorship deals with brands like Nike and Tommy Hilfiger, both of which earned him millions. List of companies where Dominique Guenat was involved. Dominique Guenat was appointed director of RICHARD MILLE EUROPE, MIDDLE EAST AND AFRICA LIMITED on 01 December 2008, and its principal business activity is 47789 - Other retail sale of new goods in specialised stores (not commercial art galleries and opticians) . The tourbillon is made of titanium and lithium alloy which makes it exceptionally lightweight. personalising content and ads, providing social media features and to Founders Richard Mille and Dominique Guenat established the brand from a mutual passion and background in the Swiss watchmaking industry. 'For a long time, I wished to launch my own brand. From CHF400,000 (354,000). 7 Day Return Policy. In 2013, it was announced that Blake and Richard Mille were releasing a collaborative design made specifically for sprinters. That combination ofaudacious design and innovation has struckthe right note: womens watches nowaccount for 30 per cent of the business. The company won the Jurassian Government Award for Innovation and Excellence in 2011. . If you look at the history of the brand, ithas always been the same a little colourful and crazy, she says. In 1974, Richard Mille worked for his first watch company. You are still working with Giulio Papi for some movements? Richard Mille is among the worlds most renowned businessmen. With a shared love for racecars, engineering, and years of watchmaking expertise, the two friends joined forces to create the perfect watch. He has achieved great financial success throughout his business career. She left to study. Thedazzling bezels are framed by playful bi-coloured embossed leather bands glossedwith glitter. RM 52-01 Blue Sapphire Tourbillon Skull Edition is the most expensive Richard Mille watch ever made. Still, at an average price of CHF200,000 it soon adds up. Find out with this top 10 list! However, with the cheapest Richard Mille watch retailing at around $60,000 and the watch prices predicted to keep going up, the question remains, why are Richard Mille watches so expensive? What are your thoughts on the overall performance of the watch sector for 2019? They both shared a passion for watches, racing and cars, and both knew the inside-out of the luxury industry and the watch sector. He started working in the watchmaking industry in 1974. Login/ Register. File : DSC04241-Richard Mille et Dominique Guenat.jpg This record-breaking timepiece measures a mere 1.75mm thick, meaning its thinner than a 10c coin. I have one nice boutique in Munich but nothing else in Germany. Rather than the old method of using a column wheel that was stopped and started using a system of levers that would interact with the column wheel, the brand went after an innovation in the way the rattrapante worked by doing a pincer made of titanium, in which both arms work simultaneously, in order to grab the split seconds gear in a single swift movement. Is closing distributors and opening your own boutiques a global strategy? Nationwide Delivery* 12-Month Warranty. Richard Mille is the businessperson & founder of Richard Mille luxury watch company; he is one of the top businessmen in the world of recent times. The first Richard Mille timepiece is introduced, the RM 001 Tourbillon, in an initial series of 17 watches. Dominique also worked in the watch industry, and over the years their professional relationship developed into a close friendship, fueled particularly by a mutual interest in aeronautics, cars, and mechanics. For most people, the only exposure theyll have to Richard Mille watches is through the internet unless they have very wealthy friends. Portuguese products available Online we mail to all lower 48 states. They both shared a passion for watches, racing and cars, and both knew the. They go and you have a relationship with a couture house and its always the same lady that is doing the fitting. How much would you spend on a watch? He has his house in France where he lives but his houses worth is not yet confirmed. It features a case made of 18k gold. This wont be the first time the two have crossed paths, after Audemars took a 10% stake in Richard Mille which has a long history of partnering with Audemars Piguet Renaud et Papi in Le Locle for certain movements. We had some clients (at the SIHH) one night for dinner. Engravings may also be a telltale sign if they look off or imperfect, its most likely not an authentic Richard Mille watch. Comments have not been enabled for this article. Call Us Today! Richard Mille enhances the collection with the RM 005 Automatic with a date, and the first of the ultra-light tourbillon timepieces, the RM 006 developped with the first partner to join the RM family, Felipe Massa. The brand specializes in ultra-high-end luxury watches. To ramp up their identities, Guenat has named the watches after sovereigns ofthe disco era: Gloria (Gaynor); Donna (Summer); Grace (Jones); and Diana (Ross), to name afew. Finhor was bought by Matra in 1981, which is when Mille began to excel and rapidly rise through the ranks, eventually running the entire watchmaking operation. On the arts front, dancer and choreographer Benjamin Millepied directed a piece to music by composer-conductor Thomas Roussel for the launch of the RM72-01 Lifestyle In-House Chronograph. We use In 2018, the Richard Mille Group employed around 148 people and, according to various sources (including the FHH Journal), had a total turnover of around 300 million CHF. Richard Mille officially announces its partnership with McLaren Automotive during the Geneva Motor show, presenting the RM 11-03 McLaren. He was born in Draguignan, France, on June 24, 1957. I think many people thought when we started 18 years ago that we were another small independent brand. First edition of Chantilly Arts & lgance Richard Mille. Richard Mille is a Swiss luxury watch company. For her latest collection, the 71-02 Tourbillon Automatic Talisman, Guenat hasturned up the volume once again and harnessed all the glitter and glamour of thedisco era and the movements all-night temple that was Studio 54. Which markets are still an opportunity for Richard Mille? They were coming for the launch of the Bonbon, which they all loved and were happy, but the first 20 minutes we discussed how awful one particular brands new launch was and I said guys, it is interesting. With such high prices, what makes Richard Mille so expensive? We had the opportunity to sit down with Peter Harrison, CEO of Richard Mille EMEA, during which he gave us some insights on what the future holds for the brand and how the luxury industry is looking in 2019. Having worked for several industry firms, he started his own business in 1998. Itll be a few more months before Richard Mille joins Audemars Piguet, which became a billion-dollar brand in 2019. Racecar drivers are spotted wearing these watches in races. Richard Mille was born on June 24, 1957, and is considered one of the richest men in France. The $775,000 design was specifically made for intense tennis matches, with features like an ultra-durable design and lightweight footprint. The watches left clients, and the industry, blown away. That will be Richards decision with his partner, Dominique. The costly materials make the watches incredibly sophisticated and unique. The top-end luxury watches of Richard Mille are as valuable as an extravagant big house but they are not costly as Porsche. Is there any independent brand that you consider is doing something interesting or that you would consider investing in? Richard partnered with Dominique Guenat when the company was just getting started. RICHARD MILLE Group Type Private Industry Luxurywatchmaking Founded 2001 Founder Richard Mille Dominique Guenat Headquarters Les Breuleux Switzerland Area served Worldwide Key people Richard Mille, (Chairman/CEO) Products Watches Production output 4800 (2018) Number of employees 200-500 Parent RICHARD MILLE Group In 2022, Richard Mille net worth is around $1 million - $5 million. Richard Mille enters the universe of great yachts and leading skippers. Richard Mille watches are not as expensive as Mercedes Benzes, but these are as costly as owning a luxury house with a garage that contains a Mercedes S Class. The company is based in Les Breuleux, Switzerland, and specializes in ultra-high-end luxury watches. The first in-house flyback chronograph of Richard Mille, the RM 72-01, is released. As with any other luxury brand, Richard Mille is all about making a strong fashion or social statement with high quality and rare items. In 2001 two friends, Richard Mille and Dominique Guenat founded a watch company like none other. All Rights Reserved. Its a breath of fresh air, thats interesting.. The high-frequency calibre delivers 1/10th of a second precision but with a 1/5th of a second scale for optimal legibility. Its a very dangerous transition to go from a luxury product to commodity. Inspired heavily by his fascination with motorsports such as Formula 1, Richard Mille has been the key to the development and growth of the soaring brand. The RM001 was a revolutionary timepiece for several reasons. The RM 031 High Performance is among the most accurate in the world today with its exceptional performance, less than 30 sec per month of chronometric variation. Liven Family Net Worth 2022 How Rich is the Family? Additionally, the idiosyncratic design is painstakingly meticulous, with a single sapphire case taking up to 1,00 hours to create.