Evan Zimmermann

Evan Zimmermann is an American businessman, investor and philanthropist. He was the president and CEO of Antiquorum, a Swiss auction house, established in 1974, that specializes in watches.

Career Zimmermann is known for developing and implementing brand growth strategies. In 2008, he purchased Antiquorum, an international auction house based in Switzerland, in a $30 million deal. He subsequently strengthened the company's principal expertise by streamlining its irrelevant business lines and finances.

Over the next 10 years, the company experienced growth in its auction sales from $37 million to $90 million. Zimmermann was instrumental in solidifying Antiquorum's position as the largest watch auction house in the world. Steve McQueen's Rolex Submariner for $234,000 (more than 20 times its estimate), setting a new world record for its reference, and Albert Einstein's Longines wristwatch for $596,000 (over 2000 percent of its estimate).

In 2018, after an initial minority investment in the company's European operations, FIDES Business Partner, a private equity firm based in Zurich, Switzerland, bought Antiquorum from Zimmermann for $154 million. and as one of the major investors in fashion industry startups. Altos Labs is a startup that focuses on developing therapies to reverse the aging process and extend human lifespan. '''

Philanthropy In 2021, Zimmermann, through his foundation Zimmermann Family Charitable Trust, donated $3 million to the University of California to support initiatives concerning the causes and aftermath of the Holocaust, as well as the examination of human rights, safeguarding minority rights, and addressing historical wrongs and injustices.

In 2023, Zimmermann, through the Zimmermann Family Charitable Trust, pledged $2 million to Water Org. This funding aimed to enhance access to sustainable water and sanitation services in developing countries, where inefficient water infrastructure exacerbated climate impacts and limited access to clean water. thumb