Editor’s Note
As high-net-worth individuals increasingly treat luxury jewelry as both a collectible and an alternative asset class, prices for these items are experiencing significant inflation. This trend highlights the evolving investment strategies of the ultra-wealthy.
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Global super-rich are buying luxury jewelry for asset allocation and collection purposes, causing jewelry prices to skyrocket. Earlier this year, the ranking site The Richest listed Harry Winston, Cartier, and others as the top 10 luxury jewelry brands.
The top-ranked Harry Winston is a brand founded in New York, USA, in 1932. Harry Winston is particularly famous for the 45.52-carat blue Hope Diamond. Believed to have been owned by Marie Antoinette among others, this diamond was purchased by Harry Winston, the founder of Harry Winston, in 1949 and was donated to the Smithsonian Institution in Washington, D.C., in 1958.
Second place was taken by the French luxury brand Cartier. Among Cartier’s jewelry, the panther brooch created for the Duchess of Windsor is famous.
Third place is the French luxury jewelry company Van Cleef & Arpels. It was founded by Alfred Van Cleef, who married Estelle Arpels, the daughter of a jewelry wholesaler, in 1896. The company creates rings, necklaces, and other pieces using motifs such as birds and flowers.
Following these, Buccellati, Tiffany, Graff, Piaget, Bulgari, Mikimoto, and Chopard were also included in the top 10 luxury jewelry brands.
Tiffany, born in New York, gained fame through the movie ‘Breakfast at Tiffany’s’. The scene where Audrey Hepburn, holding bread and coffee, gazes into the window of the Tiffany store in New York left a deep impression on audiences.
Bulgari, synonymous with luxury jewelry, is an Italian jewelry company popular for its designs that harmonize tradition and modernity.
Mikimoto is a luxury pearl brand created in Japan in 1893. Mikimoto’s founder, Kokichi Mikimoto, developed the world’s first cultured pearl production technology.