The couple pleaded guilty to concealing at least $127 million in cash transactions at its precious metals businesses.
Charriol Founder Philippe Charriol Killed in Race Car Accident
He is remembered as a man who “operated at full speed every day” in both business and his personal life.

Marseille, France—Philippe Charriol, the French-born founder of Swiss luxury goods brand Charriol, was killed in a race car accident Tuesday at a track in the south of France, his company announced Thursday.
A known racing enthusiast, Charriol was driving his car on the Circuit Paul Ricard, the same track that hosted the French Grand Prix Formula 1 race last year, when he got into an accident on the Mistral straight, a course spokeswoman told the AFP. He was rushed to the hospital in Marseille, where he succumbed to his injuries.
Born in 1942 and raised in Marseille, Charriol spent 15 years at Cartier as a general manager and brand president for the Asian market before branching out on his own in 1983.
He started Charriol in Geneva as a multi-product brand that made Swiss watches, jewelry, accessories, perfume and, eventually, clothing and even Charriol-branded Bordeaux.
He focused his efforts on the Far East at a time when, according to the company statement, “the nexus of Swiss watchmakers was the Place Vendôme in Paris,” establishing itself in the Asian markets ahead of other European brands.
In 2011, Charriol held an event inside Beijing’s Forbidden City for 500 celebrities and dignitaries, one of only three luxury brands ever allowed to do so, the company said.
Today, Charriol remains an independent, family-run business and has 285 boutiques and more than 3,000 other points of sale worldwide.
In both his personal and professional life, Charriol “operated at full speed every day,” running his company as well as pursuing personal passions and interests, like motorsports—he drove at an “almost professional” level for the past 25 years—architecture and the arts. He started an art foundation in Hong Kong that has been providing scholarships to young artists for the past 20 years.
“Philippe Charriol, with his incredible lust for life and audacious spirit, embodied ‘l’art de vivre la difference,’ a fitting signature for an exuberant founder. His many accomplishments and the success of his brand are a testament to the destiny that can be achieved by following one’s heart,” the company said.
On Friday, Charriol had tributes to its late founder posted on its website and had added a black ribbon to the logo on its Facebook page and Twitter account.
Charriol
He will be laid to rest next week in a family funeral service in Marseille, and his life will be celebrated in a more public memorial service scheduled to take place at the end of March in Paris.
The Latest

Consumers shared concerns about prices, inflation, tariffs, trade, and politics in the survey’s write-in response section.

In February 2026, the auction house will move its headquarters to the former Steinway Hall, a neoclassical landmark on Billionaires’ Row.

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

The new show will take place Jan. 23-25, 2026.


The former BHP Billiton leader and Gemfields chairman is remembered for his influential leadership throughout his 50-year mining career.

The LVMH-owned brand has partnered with the costume design union to revamp its award for 2026.

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

The luxury titan inked a deal to acquire an initial minority stake in the jewelry manufacturer with a pathway to full ownership by 2032.

The company’s curation of unsigned vintage and estate jewelry debuted at the Bloomingdale’s in Costa Mesa, California.

In the recent multi-shipment seizure, CBP also found counterfeit Audemars Piguet, Moncler, and Chrome Hearts items.

Helzberg’s Chief Retail Officer Mitch Maggart shared details about its tests of a new store concept rooted in an elevated luxury experience.

Jewelers of America execs and National Jeweler editors discuss tariffs, the sky-high gold price, and the engagement that broke the internet.

The luxury goods company said founder Ippolita Rostagno will remain at the brand’s helm.

Laura Burdese, who joined the Italian luxury brand in 2022, will take on the role in July.

The National Jeweler editors revisit the most noteworthy industry happenings and design trends from 2025.

Need a gift for the cat lover who has everything? Look no further than our latest Piece of the Week.

It purchased the “Grosse Pièce,” an ultra-complicated Audemars Piguet pocket watch from the ‘20s, for a record-breaking price at Sotheby’s.

The lab-grown diamond grower now offers custom engagement and fashion jewelry through its Kira Custom Lab Jewelry service.

Chandler got his start at Michelson Jewelers and has served as DCA president and CEO since 2001. He will retire at the end of the month.

The boutique is slated to open this week inside Terminal 8, offering pre-owned Rolex watches and more to international travelers.

Sponsored by Digital Monitoring Products

The special-edition egg pendant ingested in a New Zealand jewelry store was recovered after a six-day wait.

Associate Editor Natalie Francisco plays favorites with Piece of the Week, selecting a standout piece of jewelry from each month of 2025.

The “Love and Desire” campaign is inspired by the magic that follows when one’s heart leads the way, said the brand.

Two awardees will receive free tuition for an educational course at the Swiss lab, with flights and lodging included.

Berta de Pablos-Barbier will replace Alexander Lacik at the start of January, two months earlier than expected.




















