Hermes
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Billionaire & Luxury Brand Hermes 5th Generation Heir Nicolas Puech Age 80 with No Children to Give 50% of His $13.2 Billion Fortune to Ex-Gardener Age 51 & Starts Legal Process to Adopt Gardener as Son, To Cancel Succession Plan & Gifting Agreed with Charity Isocrates Foundation Nicholas Puech Founded in 2011

22nd December 2023 | Hong Kong

Billionaire & luxury brand Hermes 5th generation heir Nicolas Puech (age 80) with no children has been reported to be giving 50% of his $13.2 billion (EUR 12 billion) fortune to his ex-gardener (age 51) & starts legal process to adopt his ex-gardener as son.  The wealth transfer to his ex-gardener has been reported to be an attempt to cancel the succession plan (gifting) agreed with charity Isocrates Foundation he (Nicholas Puech) founded in 2011.  The Isocrates Foundation is an independent philanthropic foundation, dedicated to the protection and promotion of public debate.  Hermes has a current market capitalization of $229 billion (21/12/23: EUR 209 billion).  Hermes is founded by Thierry Hermes in 1837.

“ Billionaire & Luxury Brand Hermes 5th Generation Heir Nicolas Puech Age 80 with No Children to Give 50% of His $13.2 Billion Fortune to Ex-Gardener Age 51 & Starts Legal Process to Adopt Gardener as Son, To Cancel Succession Plan & Gifting Agreed with Charity Isocrates Foundation Nicholas Puech Founded in 2011 “

 



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Billionaire & Luxury Brand Hermes 5th Generation Heir Nicolas Puech Age 80 with No Children to Give 50% of His $13.2 Billion Fortune to Ex-Gardener Age 51 & Starts Legal Process to Adopt Gardener as Son

Hermes



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