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ONLY IN THEIR 20S, THESE BROTHERS EARNED S$15M REVENUE IN 6 MONTHS WITH THEIR LUXURY WATCH BIZ

By: Zafirah Salim

At the tender ages of 18 and 19, Joses and Jarod Ng started dabbling in the luxury watch industry respectively.

They eventually co-founded Watch Capital, which is now a wholly-owned subsidiary of private investment firm Pallarian Holdings.

Over the past few months since entering the retail segment of the market, Watch Capital has grown rapidly with revenue surpassing S$15 million.

In this interview, the Ng brothers shared with us how they grew the business — which was once a Carousell side hustle — into a seven-figure luxury watch business.