Hermès heir Nicolas Puech faces a $1.3 billion lawsuit over a disputed $16 billion share deal

A U.S. lawsuit renews scrutiny of Hermès heir Nicolas Puech over a €14 billion ($16 billion) share deal allegedly backed by Qatar's emir. The outcome may impact Hermès' ownership and Gulf investments in European luxury.

Apr 23, 2025 - 00:08
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Hermès heir Nicolas Puech faces a $1.3 billion lawsuit over a disputed $16 billion share deal
A U.S. lawsuit renews scrutiny of Hermès heir Nicolas Puech over a €14 billion ($16 billion) share deal allegedly backed by Qatar's emir. The outcome may impact Hermès' ownership and Gulf investments in European luxury.