June 23, 2024

Swatch Group CEO Nick Hayek Jr.Each year the respected Swiss business magazine, Bilan, publishes a list of the 300 richest Swiss with a rough estimate of their fortunes. For this article we examined the list for you to see which members of the watch industry made the ranking. Here they are:

SF6 – 7 billion
Members of the Landolt family own the Sandoz Family Foundation and are heirs to the fortune of Sandoz, the pharmaceutical giant now known as Novartis. The foundation is the majority shareholder in Parmigiani Fleurier and the manufacturing group MHF (Manufactures Horlogères de la Fondation), which includes Manufacture Vaucher.

SF6 – 7 billion
Brothers Gérard and Alain Wertheimer own Chanel SA and also have an investment in Bell & Ross.

SF4 – 5 billion
The Hayeks own the single largest block of Swatch Group shares. Nick Hayek Jr. is CEO of the group; sister Nayla is the chairwoman of the board of directors and CEO of Harry Winston; and Nayla’s son, Marc, is CEO of Blancpain, Breguet, and Jaquet Droz. (Click here for an interview with Nick Hayek, Jr., conducted by our Watch Insider, Alexander Linz.)

Nick Hayek Jr., Nayla Hayek, Marc Hayek

Nick Hayek Jr., Nayla Hayek, Marc Hayek

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