Founded in 1875 by two passionate watchmakers, Jules-Louis Audemars and Edward-Auguste Piguet. Audemars was focused on movement design while Piguet was involved with the financial and commercial side of the company. Between the years of 1894 and 1899, Audemars Piguet manufactured approximately 1,200 timepieces. Audemars Piguet manufactures approximately 26,000 watches per year. In the 1930s Audemars Piguet began manufacturing chronograph watches, which was the foundation of their success. In the market today, Audemars Piguet is associated with Patek Philippe and Vacheron Constantin as the top three Swiss watchmakers. The company consists of 1,100 employees, sixteen boutiques around the world and fourteen distribution branches. Audemars Piguet specialize in producing limited edition watches for celebrities and athletes, including Sachin Tenduklar, Rubens Barrichello, Jarno Trulli, Quincy Jones, Arnold Schwarzenegger and, Shaquille ONeal.