The inheritor Hermès, the gardener and the 12 billion euros lacking | EUROtoday

What is he pondering of on this constructing far too massive for him, a former resort planted in the midst of the mountains in Ferret, in Swiss Valais, the place the Geneva youth involves ski in winter? “He’s lost”sighs one in all his distant cousins. “Lost”it is usually the phrase that Nicolas Puech, 82, curiously makes use of, to speak about his 6 million shares Hermès (5.7 % of the capital of the corporate), now valued at some 12 billion of euros. The grandson of Emile-Maurice Hermès, and the most important inheritor on a person household, swears to have found himself ” ruin “. He claims to now not discover a hint of his titles. To hear him, he would have been dispossessed by his enterprise and confidence man, Eric Freymond. An accusation that fiercely disputes the latter.

In September 2023, Nicolas Puech filed a criticism in opposition to his former pal. In a judgment rendered on July 12, 2024, that The world Consulted, the Court of the Canton of Geneva rejected the accusation of “gigantic fraud”, arguing that, for 24 years, Mr. Puech had voluntarily entrusted Mr. Freymond with the administration of his fortune, signing amount of proxies, virgin paperwork and authorizing his entry to his accounts. “The Appellant complains of a large -scale scam, but does not devote any motivation for his appeal”is it specified within the judgment.

Swiss justice concludes that no component proves that the inheritor has been due: “That the appellant has blindedly trusted his interlocutor for the realization of management operations cannot be an index of an improper disloyalty in question. (…) We do not see who (nor what) prevented the appellant from being interested in the evolution of his heritage. »» Classified affair. At least, for the moment. Because Swiss judges do not answer the central questions of this imbroglio: when and how could these billions of euros disappear and in what hands they landed? To try to understand it, you have to go back to the origins of this crazy story where big sous, romance, disappointed feelings, suspicions of confidence and twisted blows.

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