The fortune, he said, was gone.
Puech says he discovered around 2022 that the Hermès shares he believed were in his name were missing. In 2024, he said in court filings that he no longer owned the roughly 6 million shares.
Even Hermès could not explain it. Its chief executive, Axel Dumas, told analysts the company had no way to see or control those shares. He could not say whether Puech still owned them.