Hermès billionaire plans to leave half of fortune to ex-gardener and cut ties with charity
by Rupert Neate Wealth correspondent from World news | The Guardian on (#6H8G3)
Nicolas Puech begins legal process of adopting former gardener and cancel agreement with charity
A descendant of the Hermes luxury handbag empire is engulfed in a public battle with the charitable foundation he founded after reports that he planned to cut its funding and instead adopt his 51-year-old former gardener and bequeath him billions.
Nicolas Puech, 80, a secretive fifth-generation descendant of Thierry Hermes, who founded Hermes in 1837, has begun the legal process of formally adopting the unnamed former gardener and plans to leave him half of his 12bn (10.3bn) fortune, according to Swiss media reports.
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