24-year-old Hans Wilsdorf formed the Rolex , who in 1905 founded a unique company in London that specialized in timepiece distribution. At the time (the early 1900s), wristwatches weren’t extremely precise, but Wilsdorf had the vision that these timepieces would not only offer a luxury accessory to users, but also be a reliable method for telling time. By 1919, the Company had grown and expanded so much, it moved to Geneva, Switzerland. In 1926, the first waterproof wristwatch was made by Rolex and was given the name “Oyster”. The year 1945 saw the first self-winding wrist chronometer to indicate the date in a window on the dial, the Rolex Datejust. In the 1950s, Rolex began designing tool watches that were intended for professional activities like deep-sea diving, aviation, mountain climbing, and more. This led to the release of the Explorer in 1953, Submariner in 1953, Milgauss in 1956, Deep-Sea Special in 1960, Cosmograph Daytona in 1963, and Sea-Dweller in 1967. The growth of this luxury watch brand continued, eventually creating the household, luxury brand name that is so well-known today.