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The Panerai Watch company has been around for more than 50 years after being founded by Giovanni Panerai in 1960. Panerai watches played an important rule during thesecond world war by assisting the Decima Flottiglia MAS frogmen. Among the company’s notable products include the world famous Luminor and Radiomir watches. Panerai is known as one of the greatest names in the world of Swiss watchmaking. It is considered a legendary watch brand that is trusted even by the Royal Italian Navy. Since the company’s acquisition by The Richmont Group, Panerai timepieces have experienced tremendous popularity. Today, Panerai is one of the most sought-after watch brands in the world, making limited editions for Ferrari and being preferred by celebrities such as Sylvester Stallone. See Also: Full List of Popular Watch Brands