Capsule · The news app for modern leaders

Trends and Insights

Download
illustration image for the article
25 Dec 2023

Hermès Heir to Leave Fortune to Ex-Gardener, Ends Charity Ties

Nicolas Puech, an 80-year-old descendant of Hermès' founder, is legally adopting his former gardener, intending [to leave him €6bn](https://www.theguardian.com/fashion/2023/dec/19/hermes-billionaire-plans-to-leave-half-of-fortune-to-ex-gardener-and-cut-ties-with-charity). Puech is also severing ties with a charity, sparking interest in Switzerland where the legal process is underway.