Spotlight | France, Switzerland
The secret story of the 6 million Hermès shares that vanished into thin air

By Philippe Vasset

Published on 21.11.2024 at 06:00 GMT Reading time 6 min

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. © Studio Pachamama

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". Part 1 of 2.

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This article is part of this Running Story

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Spotlight | France, Switzerland
The secret story of the 6 million Hermès shares that vanished into thin air

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This article is part of this Running Story

Related topics to this article

Read also

The hidden Swiss holding company of Hermès heir's wealth manager

How Éric Freymond attempted to sell Hermès shares to Qatar in his final roll of the dice

Spotlight
Probe into Nicolas Puech's missing Hermès shares continues despite main suspect's death

In Focus
The last confession of Eric Freymond, the shadow financier in the missing Hermès shares scandal

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The key hearing that was awaiting the asset manager in the missing Hermès shares scandal

Legal stunt aimed at Hermès heir Nicolas Puech backfires

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War over six million missing Hermès shares goes nuclear

French travellers' caravans take over planned Hermès factory site

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The secret story of the 6 million Hermès shares that vanished into thin air, part 2

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The great Hermès mystery: where are Nicolas Puech's phantom shares housed?

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Spotlight | France, Switzerland The secret story of the 6 million Hermès shares that vanished into thin air

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

This article is part of this Running Story

Related topics to this article

Read also

The hidden Swiss holding company of Hermès heir's wealth manager

How Éric Freymond attempted to sell Hermès shares to Qatar in his final roll of the dice

Spotlight Probe into Nicolas Puech's missing Hermès shares continues despite main suspect's death

In Focus The last confession of Eric Freymond, the shadow financier in the missing Hermès shares scandal

Spotlight The key hearing that was awaiting the asset manager in the missing Hermès shares scandal

Legal stunt aimed at Hermès heir Nicolas Puech backfires

Spotlight War over six million missing Hermès shares goes nuclear

French travellers' caravans take over planned Hermès factory site

Former Hermès wealth manager Freymond and French ex-PM Villepin boost art market ties

Spotlight The secret story of the 6 million Hermès shares that vanished into thin air, part 2

Spotlight Behind-the-scenes battle for 5.7% Hermès stake to become public feud

In search of Nicolas Puech's missing Hermès shares

Spotlight Hermès heir Nicolas Puech front and centre in Gstaad inheritance dispute

Hermès heir Nicolas Puech distances himself from long-time wealth manager

Spotlight Hermès's three shareholding families make last-ditch effort to IPO-proof the company

Spotlight Arnault, Freymond and the spoils of the Hermès raid (1/3): secret wars

Spotlight Thirteen years on, French justice eyes key player in failed LVMH takeover of Hermès

The Nicolas Puech Foundation, a key player in the LVMH-Hermès war, changes focus

The great Hermès mystery: where are Nicolas Puech's phantom shares housed?

About Glitz

Subscription

Glitz on social media

Indigo Publications' websites

Spotlight | France, Switzerland
The secret story of the 6 million Hermès shares that vanished into thin air

Spotlight
Probe into Nicolas Puech's missing Hermès shares continues despite main suspect's death

In Focus
The last confession of Eric Freymond, the shadow financier in the missing Hermès shares scandal

Spotlight
The key hearing that was awaiting the asset manager in the missing Hermès shares scandal

Spotlight
War over six million missing Hermès shares goes nuclear

Spotlight
The secret story of the 6 million Hermès shares that vanished into thin air, part 2

Spotlight
Behind-the-scenes battle for 5.7% Hermès stake to become public feud

Spotlight
Hermès heir Nicolas Puech front and centre in Gstaad inheritance dispute

Spotlight
Hermès's three shareholding families make last-ditch effort to IPO-proof the company

Spotlight
Arnault, Freymond and the spoils of the Hermès raid (1/3): secret wars

Spotlight
Thirteen years on, French justice eyes key player in failed LVMH takeover of Hermès