Hermès Billionaire Trying to Adopt His 51-Year-Old Gardener as His Only Heir

Nicolas Puech, an heir to the legendary Hermès fashion house, recently stunned the world by announcing his intention to legally adopt his former gardener and leave him his $11 billion fortune.

81-year-old Puech, who is unmarried and without children, ranks among Switzerland’s wealthiest individuals with a net worth estimated between $10.3 billion and 11.4 billion. Despite a fallout with his famous family following the 2014 takeover of a substantial stake in Hermès by rival luxury conglomerate LVMH, Puech still owns a considerable share in the $220 billion company, and his move to leave it all to his former gardener and family man has sparked controversy. The unnamed gardener, who comes from a “modest Moroccan family”, is reportedly married to a woman from Spain and has two children of his own.

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Hermes Sells Rocks with Leather Straps as $840 Paperweights

Paying $840 for an original Hermes item seems like a great deal, but in this particular case we’re talking about a paperweight consisting of a rock and a calf leather strap. How do you even sell something like that?

Well, the French luxury brand found a way – they are marketing the “galet pebbles” (rocks) as unique, which means no one else in the world has the exact same item. But I’m pretty sure you can say the same thing about any river stone. The odds of finding another with the exact same shape and pattern are probably astronomical, and you don’t have to pay anything for that. Sure, it doesn’t come with a fancy calf leather strap, but still…

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Would You Pay $91,500 for a Crocodile Skin T-Shirt?

French luxury goods manufacturer Hermes has recently made headlines after it’s been discovered that its flagship store on Madison Avenue is selling a crocodile skin shirt for the mind-blowing price of $91,500.

Yes, today is April 1st, but this story is no joke. The pricey men’s garment was actually presented last fall as part of Hermes’ spring 2013 “crocodile chiffon” collection, but was only recently spotted in the company’s New York store. Judging by the French brand’s reputation for outrageous prices and the fact that the t-shirt is apparently made of innovative lightweight crocodile skin, everyone expected it to cost a small fortune, but probably not as much as four decent cars. Most people wouldn’t pay more than $30 for at-shirt, but that didn’t stop Hermes from slapping a $91,500 price tag on its black crocodile tee. Pretty unbelievable right? That’s what bloggers from The Awl thought, so before breaking the story, they managed to snap a shot of the label as evidence, despite the store’s no-photo policy. While the technology behind making Hermes crocodile skin clothes lighter and less sticky during the hot summer months may be impressive, does it really justify the astronomical price?


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