Hermes Heir's fortune

Nicolas Puech, the 81-year-old heir to the Hermès fortune, claims that approximately $13 billion worth of shares have mysteriously vanished, allegedly due to the actions of his former wealth manager, Eric Freymond. Puech, who had announced intentions to leave his wealth to his gardener, alleges in court filings that he no longer possesses about six million shares of Hermès. However, a Swiss court recently dismissed these claims, stating there was no evidence of fraud and labeling the alleged mismanagement as 'undetectable to common mortals'. The court emphasized that Puech had willingly entrusted Freymond with his finances for over two decades, and his lack of oversight does not constitute deception. Puech's lawyers are reviewing the court's findings, while Freymond's attorney maintains that his client acted appropriately. The situation raises questions about Puech's financial oversight and the future of his intended inheritance plan.