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Hermès Heir to Leave Half of Fortune to Former Gardener

Nicolas Puech, the largest individual shareholder of Hermès, plans to adopt his former gardener, making him eligible to inherit at least half of Puech's $11.7 billion fortune.

  • Nicolas Puech, an heir to the Hermès fortune, plans to leave half of his estimated $11.7 billion fortune to his former gardener, who he intends to adopt.
  • The gardener, a 51-year-old man from Morocco, has worked for Puech for decades and has essentially become Puech's only family.
  • Puech has already given the gardener and his family over $1.6 million to buy a villa in Marrakech, Morocco, and they have also amassed various estates and around 50 pieces of agricultural land in Spain and Portugal.
  • Puech owns 5.7% of Hermès' capital, making him its largest individual shareholder.
  • Puech had previously agreed to pass on his money to the Isocrates Foundation, which funds investigative public-interest journalism, upon his death.
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