Hermès billionaire heir moves to cut ties with his charity amid plans to adopt gardener and pass on part of his fortune

Hermès billionaire heir moves to cut ties with his charity amid plans to adopt gardener and pass on part of his fortune

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Battle lines are hardening in Switzerland’s Valais canton between an aging billionaire heir to Europe’s biggest family fortune and his own charitable foundation. Nicolas Puech, a reclusive fifth-generation descendant of the founder of French luxury giant Hermes International SCA, wishes to cancel…

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