Perched on a couch last April in a private room inside Chanel’s sprawling space at Watches & Wonders, Frédéric Grangié and Arnaud Chastaingt appear positively serene. Outside, the world’s largest watch fair buzzes with energy as press, retailers, and VIP clients gather for a first-hand glimpse of the latest from a wide swath of brands,...
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Hermès heir’s $13B fortune has seemingly vanished after he vowed to award huge chunk to his gardener
The multibillion-dollar fortune belonging to the reclusive Hermès heir has seemingly vanished months after he promised to donate a large chunk of his colossal inheritance to his gardener. Nicolas Puech, 81, the largest individual shareholder of the French fashion house, was told by a Swiss court on July 12 that his wealth manager, Eric Freymond, cannot be...