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Hermès Heir Claims $13 Billion Fortune Has Disappeared

Nicolas Puech, who pledged half his wealth to his gardener, alleges his former wealth manager is responsible for the loss.

  • Swiss court rejects Puech's claims of fraud due to lack of evidence.
  • Puech's missing shares were last known to be deposited in a Geneva bank.
  • The court noted Puech's 'blind trust' in his wealth manager over two decades.
  • Puech's philanthropic foundation faces uncertainty due to the financial loss.
  • The whereabouts of Puech's 5.7% stake in Hermès remain unknown.
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