Nicolas Bouet, the 80-year-old billionaire French businessman who is the grandson of Thierry Hermès, founder of world-class luxury brand Hermès, made big news when he announced there were plans to adopt the 51-year-old house. gardener. And the willingness to share the family’s wealth with the other party in an amount of approximately 11 billion US dollars. Or at least 392,000 million baht
This unexpected move by Pueh changed the beneficiary of his estate. It is estimated that he owns 5-6% of the Hermes empire, which has a total value of about $220 billion (about 7.84 trillion baht).
Foreign news agencies reported that Boyeh is unmarried and has no children. A team of lawyers was formed to undertake the complex legal process of hiring the gardener. “He came from a humble family of Moroccan origin,” and was duly adopted.
The gardener, whose name has not yet been mentioned, is about to inherit a large sum of money. He has a Spanish wife and two children, and is believed to have inherited many of Bouyeh’s important assets, especially real estate in Morocco. And the city of Montreux, Switzerland. Which has a total value of about 5.9 million US dollars (about 210 million baht)
However, the adoption process in Switzerland, which is Buet’s current address, has very difficult and complicated procedures. Moreover, there are very few people who file this type of complaint.
News reports indicate that according to the basic principles of Switzerland the potential adoptee must have lived with the potential adoptee when he or she was a minor. For a period of not less than one year, which will add more complexity to the operations of the legal team.
He also mentions that the Isocrates Foundation, which he founded, protested. Don’t accept the plan to appoint his heir this time. This may cause litigation later.
Bouet’s relationship with the Hermès group has been under tension for years. When he left the company’s advisory board in 2014 after LVMH attempted to merge his family’s businesses in a non-transparent manner,
Boyet’s decision to be willing to share his wealth with people outside the family or not related to him this time. Naturally, this created a more complicated situation between him and the Hermes management group. It may also destabilize the Hermès brand in the future.
source: economictimes.indiatimes.com
Image credit: Getty Images
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