The Swiss brand only manufactures high-tech watches that are not for everyone. Many of them are more expensive even than your home!
Carlo Crocco used to be part of the Binda Group dynasty of Italy. The Binda Group is known for its Breil watches. In 1976, Crocco left the company to try his luck in the business. He formed MDM Geneve and he released the first watch under this brand in 1980. The watch’s porthole-like face inspired him to call it the “Hublot.”
The watch was an immediate hit. Buyers were attracted to Hublot’s modern style and innovative strap. Hublot had set a precedent by making use of the first natural rubber straps ever seen on a watch. It took three years to develop before it was decided that the strap was superior because of its ability to remain soft and supple even after extended use and exposure to the elements. It has since become a requirement for practically every watch brand.
Hublot has since been bought by the French luxury goods conglomerate LVMH Moet Hennessy – Louis Vuitton S.A. It has become highly sought after that Bernie Ecclestone, the chief executive officer of Formula One, was once mugged by a group of men for his Hublot watch. Endorsers include the entire Mancheter United football team, Usain Bolt, Diego Maradona and the surviving members of the family of Ayrton Senna.
Counterfeit Hublots have also appeared in the market, forcing Hublot to devise a system to authenticate their watches on its servers. It is called the WISeKey and it started operations in August 2009.
Hublot is known for making expensive watches. Here is a list of the top 10 most expensive Hublot watches.