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In search of Nicolas Puech's missing Hermès shares

Reading time 2 min

Shortly before the legal battle erupted between Hermès heir Nicolas Puech and his wealth manager Éric Freymond over missing shares representing 5.7% of the luxury group's capital, Freymond claimed in another case that he himself was a major Hermès shareholder "through his clients".

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Hermès heirs at odds All articles

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The secret story of the 6 million Hermès shares that vanished into thin air

Glitz.paris has reconstructed the movements of the 6 million shares held by Hermès heir Nicolas Puech that mysteriously disappeared into a labyrinth of offshore accounts and Panama shell companies. The shares passed through the hands of Swiss asset managers, then LVMH finance directors, and are now beyond the reach of their owner, who is calling it the "heist of the century".

LogoSubscribers only Families 21.11.2024
This week, Glitz.paris reveals the movements of the 6 million shares held by Hermès heir Nicolas Puech that mysteriously disappeared into a financial labyrinth.

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Headlines

Hamad bin ⁠Khalifa Al Thani built up a vast luxury portfolio in the last decade of his life.
In Focus | Qatar's ruling family Who will inherit former emir's luxury assets? Maybourne Five-star London hotel The Emory under scrutiny over social housing pledges
The Maybourne subsidiary may have backslid on its affordable housing commitments.
LVMH Chaumet brings forward acquisition of Italian high-end jewellery maker
The high-end French jeweller and watchmaker is boosting its production capacities.
Morgane Sézalory Sézane founder branches out into hotel trade
Morgane Sézalory is converting a Parisian townhouse into a chic hotel.
LVMH Bernard Arnault on safe ground in Legend podcast interview
LVMH boss Bernard Arnault being interviewed by Guillaume Pley.

Related topics to this article

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