YOGYAKARTA Hermes fashion house, based on the timeline for aircraft production, has reached the 6th generation. Starting from Thierry Hermes in 1837 which made a hardness and opened a workshop. The simplicity moved according to the movement of the times. The first generation of crafts was inherited in the next generation, Emile Hermes, son of Charles-Emile who offered goods that met the needs of the community. Starting from saddles orharness, restraints, to other leather items.

Arriving at the change of generation, Thierry Hermes' great grandson Nicolas Puech is the 5th generation of the first fashion home business to be founded in Paris. Launching Forbes, Friday, December 15, Puech resigned from the board of supervisors of Hermes in August 2014. However, the single heir who was not married and is now 80 years old appointed a 51-year-old heir, who is a former Gardener.

Reported by the New York Post, Puech allegedly arranged a succession story involving his 51-year-old Gardener. Puech is unmarried and has no children, plans to formally appoint a former Gardener from a simple family in Morocco as his heir. This zoor, reportedly married a woman from Spain and has two children. Puech will inherit most of his wealth, including property in Marrakesh, Morocco and Monteux, Switzerland worth 5.9 million dollars.

The Hermes brand has grown to a valuation of 220 USD and is now the third largest public company in France. Puech, which reportedly owns about 6 percent of Hermes' company's shares, has a wealth of between 9 billion to 10 billion Swiss francs or between US$10.3 billion and US$11.4 billion or around Rp170.44 trillion. The entire asset places it among the richest persons in Switzerland. This billionaire is reportedly in the process of handing over the wealth to his former zoor and has hired a legal team to carry him through the process. He is also reportedly in the process of reorganizing the land belonging to philanthropists.

Unfortunately, the identity of the future heir to Nicolas Puech's property is unknown. Looking at Puech's history with the company his grandfather founded, it became clearer why he was looking for an unusual way to inherit his wealth. In 2014, the heir to Hermès left the company's supervisory board in difficult circumstances after LVMH's fashion rival acquired 23 percent of Hermès' shares as part of an offer of an unfriendly takeover, and most were carried out secretly.

Another Puech family member founded the holding company with their shares to block the takeover by LVMH, although Puech still maintains its stake. LVMH and founder Bernard Arnault then agreed to divest their stake in the company and agreed not to buy any more for five years. But the feud apparently left an irreparable wound between Puech and his other family members.

"He resigned because for several years he felt surrounded by his family members, who had attacked him from several sides, not only related to LVMH," said a spokesman for the Puech at the time, reported by Fashion Network.

According to a study conducted by Swiss bank, UBS, Puech is a billionaire group that plans to inherit wealth worth US$5.2 trillion in the coming decades as part of a massive wealth transfer. The billionaires usually share their wealth with their descendants and philanthropic activities. Many also plan to give up control of their company so that their family members are lucky. However, Puech seems to be the first to throw the habit away and choose to pass his wealth on to someone who seems to give a considerable impression in his life.

Inheriting the newly adopted lift brothers in their 50s, is very rare. This is Puech's choice to pass on Hermes' fashion home business and its very complicated stock assets. Puech is also known to have promised his wealth as part of the Isocrates Foundation which he founded in 2011. This succession agreement was unilaterally canceled until news of the inheritance of assets to the zoor made Puech impressed.


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