In 1875, Audemars Piguet was founded by watchmakers Jules-Louis Audemars (1851) and Edward-Auguste Piguet (1853). Both from a family of watchmakers, they started Audemars Piguet in the Vallée de Joux. Audemars Piguet was blessed with talented watchmakers from the start, as no less than 80% of the watches (1500 pieces) they produced between 1882 and 1892 for example, had at least one complication (and many instances, more than one).
With an annual production of approximately 40.000 watches, Audemars Piguet is still an independent family owned company. The 4th generation (of Audemars) is leading the Le Brassus manufacture today with François-Henry Bennahmias as their CEO since 2012.