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

A window display at a Hermes International SA boutique in Paris.Photographer: Benjamin Girette/Bloomberg

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By Tara Patel, Hugo Miller, and Angelina Rascouet

April 22, 2025 at 9:01 AM UTC

This article is for subscribers only.

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, D.C., 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.