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Families

François-Louis Pinault, François Pinault and François-Henri Pinault.
François-Louis Pinault, François Pinault and François-Henri Pinault. © Studio Pachamama

Spotlight | France
François Pinault, 88, returns to the fray to rescue waning empire

Compensating in advance for its soon-to-be-released 2024 results, Kering is now relinquishing stakes in some of its biggest property investments, as Glitz.paris predicted. Meanwhile, founder François Pinault is doing all he can to ensure that his retirement does not coincide with the collapse of the group he spent his entire career growing.
LogoSubscribers only 16.01.2025

Spotlight | France, Switzerland
The secret story of the 6 million Hermès shares that vanished into thin air

Glitz.paris has reconstructed the movements of the 6 million shares held by Hermès heir Nicolas Puech that mysteriously disappeared into a labyrinth of offshore accounts and Panama shell companies. The shares passed through the hands of Swiss asset managers, then LVMH finance directors, and are now beyond the reach of their owner, who is calling it the "heist of the century".

LogoSubscribers only Families 21.11.2024
This week, Glitz.paris reveals the movements of the 6 million shares held by Hermès heir Nicolas Puech that mysteriously disappeared into a financial labyrinth.

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