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HomeLifestyle NewsHermès Heir ‘Strongly Contests’ Lawsuit Over $16 Billion Fortune

Hermès Heir ‘Strongly Contests’ Lawsuit Over $16 Billion Fortune

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A longstanding mystery surrounding the wealth of an octogenarian heir to the Hermès luxury fortune just got even murkier.

In a lawsuit filed last month in Washington, DC, Honor America Capital LLC accused Nicolas Puech of failing to deliver Hermès International SCA shares worth around €14 billion ($16 billion) as part of a sale agreement. The chairman of Honor America said the company and the purchase were backed by Qatar’s Emir Sheikh Tamim bin Hamad Al Thani.

The plaintiff sought…

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