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Luxury Heir Alleges His $13 Billion Hermès Fortune Has Vanished

A Swiss court has dismissed Hermès heir Nicolas Puech’s claims against his former wealth manager over the alleged loss of his fortune, leaving the fate of his significant stake in the luxury brand uncertain.
Hermes Kelly bag, street style details.
Puech’s lawyers told the court he no longer owns the assets in question: about 6 million shares worth roughly €12 billion ($13 billion) in family-controlled Hermès International SCA. (Shutterstock)

An octogenarian heir to the

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