HermesThe family's heir, Nicolas Piage, has recently been in the spotlight as he announced that he would value him at $11 billionLegacyLeave it to a gardener. Piage isHermesThe fifth generation of the brand's heir, who is over eighty years old, is alone and has no children. He had previously planned to hand over the property to the founding namesake of the founderYes, to combat fake news. However, Piage's recent decision was to adopt a 51-year-old Moroccan gardener as his own son and keep him as his ownLegacyThe only heir. This decision has caused widespread speculation and controversy.
The gardener was not Piage's illegitimate child, and there is no claim that Piage was gay. The gardener comes from an ordinary Moroccan family, married and has two children. He and his wife were both employees of Piage, taking care of the garden and cleaning. Over time, however, the gardener's responsibilities gradually increased, progressively rising from the initial gardening job to being Piage's personal butler. Especially during the pandemic, Pieci and the gardener's family relied on each other and became more affectionate. To show his gratitude and concern, Piech gave the gardener a gift of 1.5 million francs and bought him a mansion and a villa. Eventually, Piage decided to adopt the gardener as an adopted son and take his 80 billionLegacyAll left to him.
However, before preparing to take over the propertyHermeswill be unhappy with this. would indicate that, according to the contract previously signed by Piage, his property should be owned bywill inherit, not leave it to the gardener as an adopted son. However, Piech has already embarked on a move to renew the will and adoption process, intending to make the gardener the rightful heir. If all goes well,It may lose control of the $80 billion in money.
There are concerns that this decision will be madeHermesThe brand has a bad impact, after all, the heir is a gardener. However, in fact, even if the gardener becomes the heir, this will not be rightHermesof operations. Because Piech was just a personShareholders, notHermesofActual controllerHermesThe leadership of the brand has in fact always been in the hands of the Dumas family, who are only a member of the family and have no actual power.
Piech willLegacyThere may be a deeper reason left for the gardener, that is, he was before withHermesThere were conflicts and strife in the family. InlvmhThe group attempted to acquireHermes, Pieci did not align with the rest of the family, which led to tensions between him and the other family members. Piech withdrewHermesofBoard of Supervisorsand became the largest individual in the companyShareholders。Therefore, he chose to leave his property to the gardener, probably out of distrust and disappointment with his relatives.
All in all, the gardener inherited Piage's huge amountLegacyNo, it won'tHermeshas a substantial impact. Although the gardener may be Piage's heir, he does not have the actual power or ability to control the brand.