Puech Sues Arnault Over Missing Hermès Shares
Update: 2025-12-05
Description
Nicolas Puech, heir to Hermès fortune, sues Bernard Arnault and LVMH for missing shares, valued at $16.3 billion. LVMH and Arnault deny accusations, stating no hidden shares or secret stakes. Puech previously accused advisor of mishandling assets, but claims were dismissed. This lawsuit adds to the long-standing rivalry between Arnault and Hermès, with Arnault previously building a stake in Hermès. Puechs shares remain missing, and he has initiated a separate criminal investigation.
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