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Hermès luxury fortuneSWI
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70% Informative
Nicolas Puech , 81 , claims his CHF11 billion Hermès fortune has vanished.
Swiss court this month threw out the 81-year-old 's allegations that his former wealth manager had a role in his fortune’s disappearance.
The Swiss decision leaves the question of the whereabouts of the shares’ whereabouts unanswered.
The reclusive fifth -generation heir sparked controversy last year over plan to leave his money to his gardener.
Puech cancelled Freymond ’s mandates in October 2022 , set out to take stock of his wealth and organise his succession.
A year later he filed three cases against Freymond , the first alleging the wealth manager withheld information.
The others related to management of his foundation, loans and other investments.
VR Score
76
Informative language
78
Neutral language
60
Article tone
semi-formal
Language
English
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51
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