Dominated by familiar names, the list of richest people in watchmaking is led by the Rupert, Hayek and Stern.
Sales, profit and margins all decline, but the group expects a turnaround next year on the back on resurgent sales in China.
The Swiss conglomerate continues to clean house as it deals with a downturn.
Watch exports from the Alpine nation fell almost 10% compared with a year before.
The conglomerate's third quarter sales grew 5%, with slight improvements across all areas.
Investor scepticism is no deterrent to the watch conglomerate's venture into electrical vehicle batteries.
Continuing a decades old tradition, President-Elect Trump will receive a Cricket alarm after his inauguration.
Employee unions rejected the Swiss watchmakers' plans to trim their workforces to cope with the downturn in business.
Bloomberg reports that the maker of pilot's watches is up for grabs.
The luxury group abolishes the role of chief executive, promotes the next generation of leaders, while reporting grave half year results.