The billionaire grandson of Hermès founder Thierry Hermès is reportedly planning to adopt a 51-year-old gardener and leave him an $11 billion fortune.Citing Swiss publications Tribune de Genèveluck Nicolas Puesch, 80, is in the process of making the “former gardener and handyman” his legal child. Notably, Mr. Puche is the fifth generation heir to Thierry Hermès, who founded the luxury fashion brand in 1837. He is unmarried and has no children, but owns about 5% to 6% of the company, worth between 9 billion and 100 billion Swiss francs (between $10.3 billion and $11.4 billion).
according to luck, the 80-year-old is now trying to inherit his wealth from a former gardener. He has reportedly hired a legal team to help navigate the process. He is also in the process of relocating the benefactor of his estate.
The anonymous gardener is married to a Spanish woman, has two children and now stands to inherit a significant portion of Mr Pesce’s wealth.italian outlet Sky TG24 According to reports, the 80-year-old had already handed over the keys to a property in Marrakech, Morocco and a villa in Montreux, Switzerland, worth a total of $5.9 million.
The move follows a broader effort by Mr. Pusch to reorganize the beneficiaries of his large fortune, estimated at about 5% or 6% of Hermès ownership, worth $220 billion, according to Fortune. It was said that this was done as part of the
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In 2014, Paesch resigned from the company’s supervisory board under difficult circumstances after fashion rival LVMH acquired a 23% stake in Hermès as part of a largely stealth hostile takeover. While other family members set up holding companies to block a takeover by LVMH, Mr. Puesch continued to hold on to his shares. This family feud appears to have influenced Mr. Puesch’s unconventional choice of successor.
But Puesch also faces challenges in implementing his plan.according to Chi, chi, Particularly in Switzerland, where he resides, adult adoptions are rare and subject to complex requirements. An adult can adopt another adult if they lived together for at least one year while the adopted child was a minor.