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Wealthinheritance

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

Originally Published 2 years ago — by TMZ

Featured image for Hermès Billionaire to Leave Billions to Gardener, Cut Ties with Charity
Source: TMZ

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.

Hermès Tycoon Sparks Controversy with Plan to Leave Fortune to Gardener

Originally Published 2 years ago — by New York Post

Featured image for Hermès Tycoon Sparks Controversy with Plan to Leave Fortune to Gardener
Source: New York Post

The charitable foundation of Hermès heir Nicolas Peuch is contesting his decision to leave a significant portion of his $13.2 billion fortune to his gardener, whom he reportedly plans to adopt. Peuch's Isocrates Foundation, which was set to inherit his shares in Hermès, argues that the cancellation of their inheritance contract is unfounded. The gardener stands to inherit properties worth $5.9 million, while Peuch's foundation, which funds public-interest journalism, is seeking to distance itself from the situation. Peuch's unconventional plan faces legal challenges due to the rarity of adult adoptions in Switzerland.