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The Same House Twice
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The Same House Twice

His home in Ferret, high in the Swiss Alps, belonged to the Isocrates Foundation. It was a charity Puech himself had founded in 2011, and that year he had signed a contract leaving his Hermès shares to it.

In February 2023, he wrote a note saying he would make “other testamentary arrangements.” The foundation said canceling the contract on his own seemed “void and unfounded.”

As for the house, “I must have signed papers, but I didn't realize it,” he said. Offered the chance to buy it back for 1 franc, he refused. “I won't buy the same house twice.”

Today, the man who once owned 6% of Hermès lives very differently.
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