Breguet is a luxury watchmaker, clockmaker, and jeweller founded in Paris in 1775 by Abraham-Louis Breguet therefore leading to a long and successful history of watchmaking and a legacy that lives on today. Since 1999, she has been a member of Swiss Swatch Team. Breguet, headquartered in L'Abbaye, Switzerland, is one of the oldest surviving watchmaking firms and founded by Abraham Breguet in 1801 with several watchmaking inventions, such as the Tourbillon. As well, Abraham Breguet designed and created the world's first self-winding watch in 1780, and the world's first bracelet watch in 1810. Breguet is a well regarded horologist. Over the years, Breguet's outstanding clients and owners include King George III, Queen Victoria, Napoleon Bonaparte, Ettore Bugatti, Sir Winston Churchill, Sergei Rachmaninoff, Gioachino Rossini, and Arthur Rubinstein. In fact, the Breguet & Fils, Paris No. 2667 pocket watch ranks among the world's most expensive watches ever auctioned, winning US$ 4.69 million on May 14, 2012 in Geneva. The Breguet Sympathique Clock No.128 & 5009, by contrast, also holds the distinction as the most expensive Breguet timepiece ever sold at an auction, earning USD 6.80 million on December 4, 2012 in New York. The Swiss horologist Abraham-Louis Breguet, who had been born to Huguenot's parents in Neuchâtel, founded Breguet in 1775. He watchmaked for ten years under Ferdinand Berthoud and Jean-Antoine Lépine, before starting up his own watchmaking company at 51 Quai de l'Horloge in Paris, Île de la Cité. The dowry that came to a wealthy French bourgeois ' daughter with his marriage provided the funding that allowed him to open his own workshop. Each of the company's mottoes is "Every woman has a queen." The slogan was based on Breguet's lady family, the Reine de Naples. The Breguet watches and their coin-edge cases are also readily evident, with guilloché dials and blue pomme hands. In addition to watches, Breguet also produces writing instruments, feminine hats, and cufflinks. The World Wide Fund for Nature released an official report in December 2018 outlining the conservation opportunities for 15 major watch makers and jewellers in Switzerland. From 1870 until 1970, Breguet was owned by the Brown family of England. But, ownership of quartz crashes had changed hands many times during the 1970s and 1980s. In 1976 Breguet's then-owner, Chaumet, sold his French plant and moved production to Vallée de Joux in Switzerland. In 1987, Investcorp purchased Breguet, which formed Groupe Horloger Breguet in 1991. The Breguet Group consists of four subsidiaries: Montres Breguet SA, Breguet SA, Valdar SA and Nouvelle Lemania SA. As a result, Breguet-branded watches are now being produced at the New Lemania plant in Switzerland. Montres Breguet SA, in effect, is the only company that sells the timepieces under the brand name "Breguet," and Breguet SA is the name of Breguet Group's distribution subsidiary in France. Admirer Marie Antoinette The Queen of France in 1783 commissioned Abraham-Louis Breguet's watch as a surprise to the Queen. The criteria was that the watch would be "as beautiful as possible, with perhaps the greatest set of available horological documents." No time-limit or financial constraints were placed on the commission. The end target was Great Suspense, at Breguet No.160. And the watch was completed only in 1827, 34 years after the Queen's death during the French Revolution, only 4 years after the death of Abraham-Louis Breguet (the watch eventually ended with his son Abraham Breguet). The watch has reportedly taken 44 years to make. The watch was housed in the Islamic Art Museum in Jerusalem, until it was stolen in 1983. The watch was eventually rescued in 2007, and was returned to the museum.