Friday, 3 March 2017

Swiss Watch “Families” - Hayek Family

These are the folks that own the well-known Swatch Group, which owns Breguet, Blancpain, Omega, Tissot, Longines, Swatch, Hamilton and a host of others. The Hayek family in charge today includes Nick, Marc and Nayla – brothers and sisters who co-operate the company that was first begun by their father the famed Nicolas G. Hayek who is known for creating the concept that virtually saved the Swiss watch industry during the quartz era.

The family’s estimated wealth is 4.25 billion CHF. I have been fortunate enough to meet Nick Hayek Senior on many occasions, including when the company launched the Swatch brand. HE and I had many a meeting and interview throughout my 34-year history in this industry and I always admired and respected him for his candidness and business mind.

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