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An heir to the Hermès fortune has lost a lawsuit against a former financial advisor he claimed had stolen at least billion from him. Nicolas Puech, 81, had promised to leave . Nicolas Puech was valued by Forbes in 2024 at .6 billion, owing to the 81-year-old’s stake in the Parisian fashion house founded by his .
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An heir to the Hermès fortune has lost a lawsuit against a former financial advisor he claimed had stolen at least billion from him. Nicolas Puech, 81, had promised to leave half his. Nicolas Puech was valued by Forbes in 2024 at .6 billion, owing to the 81-year-old’s stake in the Parisian fashion house founded by his ancestor Thierry Hermès. In the latest twist to the longstanding mystery surrounding Nicolas Puech’s billionaire status, a Swiss court this month threw out the 81-year-old’s allegations that his former wealth manager.
Nicolas Puech (born 1943) is a French billionaire heir and businessman, a fifth-generation descendant of Thierry Hermès. He resigned from the company's supervisory board in 2014, but still owns 5% of Hermès. [1] As of 2023, his fortune is valued at €12 billion.
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A post-pandemic boom in demand for luxury goods has propelled Hermes to a valuation of nearly €211 billion (0.8 billion), making Puech’s stake worth around €12 billion. Hermes has thrived in large part due to its controlling family’s penchant for doing things in quaint ways that hark back to its nearly two-century-old heritage. Hermès Created Europe’s Biggest Family Fortune After Spurning LVMH. The crown jewel of the 0 billion luxury goods industry, Hermès is thriving thanks to its penchant for doing things its . A Swiss court has dismissed Hermès heir Nicolas Puech’s claims against his former wealth manager over the alleged loss of his fortune, leaving the fate of his significant stake in the luxury brand uncertain.
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According to Challenges magazine, several members of the Hermès heir families have launched a family investment structure, which will be operational as early as 2024. The initiative comes against a backdrop of exponential growth in family offices worldwide..
Now, a Swiss court has thrown out Puech’s claims that his wealth advisor allegedly mismanaged his Hermès shares, valued at approximately billion, leaving him with nothing, Bloomberg reported. An heir to the Hermès fortune has lost a lawsuit against a former financial advisor he claimed had stolen at least billion from him. Nicolas Puech, 81, had promised to leave half his. Nicolas Puech was valued by Forbes in 2024 at .6 billion, owing to the 81-year-old’s stake in the Parisian fashion house founded by his ancestor Thierry Hermès. In the latest twist to the longstanding mystery surrounding Nicolas Puech’s billionaire status, a Swiss court this month threw out the 81-year-old’s allegations that his former wealth manager.
Nicolas Puech (born 1943) is a French billionaire heir and businessman, a fifth-generation descendant of Thierry Hermès. He resigned from the company's supervisory board in 2014, but still owns 5% of Hermès. [1] As of 2023, his fortune is valued at €12 billion.
A post-pandemic boom in demand for luxury goods has propelled Hermes to a valuation of nearly €211 billion (0.8 billion), making Puech’s stake worth around €12 billion.
Hermes has thrived in large part due to its controlling family’s penchant for doing things in quaint ways that hark back to its nearly two-century-old heritage. Hermès Created Europe’s Biggest Family Fortune After Spurning LVMH. The crown jewel of the 0 billion luxury goods industry, Hermès is thriving thanks to its penchant for doing things its .
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A Swiss court has dismissed Hermès heir Nicolas Puech’s claims against his former wealth manager over the alleged loss of his fortune, leaving the fate of his significant stake in the luxury brand uncertain. According to Challenges magazine, several members of the Hermès heir families have launched a family investment structure, which will be operational as early as 2024. The initiative comes against a backdrop of exponential growth in family offices worldwide..
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