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Hermès heir says his $13 bn wealth has vanished after promising part of it to gardener
short by Sakshita Khosla / on Wednesday, 31 July, 2024
Luxury fashion brand Hermès' 81-year-old heir Nicolas Puech told a Swiss court that the six million shares, worth about $13 billion, that he owned, have 'suddenly disappeared'. Puech- a single man with no children- had promised to leave half his fortune to his 51-year-old former gardener and adopt him. He had blamed his wealth manager for the loss of shares.
read more at CNBCTV18