Hublot unveils $5million wrist watch

A Swiss watchmaker has put on display one of the most expensive watches in the world – worth $5m (£3m).

The white gold timepiece is encrusted with 1,282 diamonds, and will be shown to a small number of people at a corporate event in Basel.

It was created by Swiss firm Hublot and took 17 people 14 months to make, according to the AFP news agency.

A “mastersetter” from New York had to be flown in to fashion the largest diamonds, the watchmaker said.

Analysts say despite the economic downturn in Europe Swiss watchmakers have done well this year, driven by demand in Asia.

“We profit off the general growth of the economy in the region,” Jean-Daniel Pasche, president of the Swiss Watch Industry, told AFP.

“There are many people who have the means to acquire a Swiss watch – they find our products very attractive.”

1 Comment

  • Hello, good day hope all is well. Pls i have one Hublot wrist watch that was given to me as a gift, but it get to a time that i left it at home for a long time but before i could get back the strips got cut , i want to know if there is any where in nigeria that i can repair by fixing the strips for me. Thanks for ur time.
    Akinbola

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