The case alone on a Richard Mille watch can take up to 1000 hours to make and every watch has hundreds of small moving pieces to create the luxury timepieces. However, with Richard Mille, each watch is made by hand from start to finish by a team of highly skilled craftsmen and women. With most other brands, there is some level of automation involved in the manufacturing process. One of the main reasons that Richard Mille watches are so expensive is because they’re completely handmade. Richard Mille soon became a household name in the luxury watch space and today is one of the most popular watchmakers. They drew up their plans in 1999 and the first Richard Mille watch was released in 2001. He meet with Dominuqe in 1998 which he knew for about 10 years at this point to discuss a partnership in creating luxury watches. Mille studied marketing and worked for a local watch-making brand in 1974, this brand was later bought by Seiko who Mille left in 1992. In 2001 the luxury watchmaker was founded by Richard Mille and Dominque Guenat. Obviously, one reason behind the price is the rich history of Richard Mille (pun intended?). So why do these luxury watches cost a house and why do people pay this price? Let’s find out. Richard Mille watches are priced between $60,000 to $1.3 Million with the average timepiece going for around $200,000 (This makes a Rolex feel like a steal!). There are a few factors that contribute to the high cost of Richard Mille watches such as the scarcity, complicated movements, and the fact that they are 100% handmade in Switzerland. And for good reason – these timepieces are some of the most sought-after and expensive on the market. When it comes to high-end watches, Richard Mille is a name that often comes up.
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