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Nicolas Puech

All articles tagged with #nicolas puech

wealthinheritance2 years ago

Hermès Billionaire to Leave Billions to Gardener, Cut Ties with Charity

Nicolas Puech, an 80-year-old descendant of the Hermes founder and worth $13 billion, plans to leave more than $6 billion to his male servant, former gardener, and handyman. This decision has caused controversy as Puech had previously made a contract with the Isocrates Foundation to leave his fortune to the organization. However, Puech intends to adopt his gardener, making him his only son and eligible for the massive inheritance.

via TMZ|
#gardener#hermes#inheritance
wealthphilanthropy2 years ago

Hermès Billionaire's Controversial Plan: Adopting Gardener and Sharing Fortune

Hermès billionaire heir, Nicolas Puech, is reportedly cutting ties with his charity, the Isocrates Foundation, amid plans to adopt his middle-aged gardener and pass on part of his fortune to him. The foundation has opposed this move, stating that it is void and unfounded. Puech's stake in Hermès is estimated to be worth about €12 billion, and the dispute has brought attention to the secretive heir who was previously involved in a corporate battle against LVMH. The Isocrates Foundation has shifted its focus to supporting public interest and investigative journalism, responsible digitalization, and a healthy digital public space.

via Fortune|
#adoption#fortune#hermes
wealth-and-inheritance2 years ago

Hermès Heir to Give $7 Billion Fortune to 51-Year-Old Gardener

Nicolas Puech, the 80-year-old heir to the Hermès fortune, is reportedly planning to give his $7 billion wealth to his 51-year-old gardener, whom he intends to legally adopt. Puech, who has no children of his own, has already initiated the adoption process with the gardener. He also plans to pass down $5.9 million in properties. Puech left the supervisory board for Hermès in 2014 and currently owns between 5% and 6% of the luxury brand.

via Fox Business|
#adoption#gardener#hermes