Hermès heir's $11Bil is missing
Last year the heir to Hermès shocked the world by deciding to adopt his 51 year old gardener to gift them his $11BN fortune. Puech is a fifth-generation descendant of Thierry Hermès, who founded the luxury fashion house in 1837. Today, the company is valued at $220 BILLION. All anyone knows about the mystery 51 yo gardener is that they come from a modest Moroccan family. Puech is breaking tradition of keeping wealth within his family and has already attracted hate within the family. But just last week as he was planning to make the transfer, the money seems to have vanished. Puech claims he has no idea. He’s accused his wealth manager, Eric Freymond of “gigantic fraud” in the disappearance of the $13 BILLION in Hermès shares that he was planning to leave his gardener. But the courts didn’t agree with him. They found that Puech willingly gave Freymond access to his bank accounts, and let him manage his money. And although it’s not certain where the money went, there’s one thing for sure. It’s not likely to go to his gardener anymore. But I can’t help but think “What if it did go to the gardener?”
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