
In the second part of a two-part episode, The Journal delves into the unraveling of Hermes heir Nicolas Puech's fortune. Reporter Nick Kostoff investigates the death of Puech's financial advisor, Eric Frémont, amidst allegations of fraud. The episode reveals how Frémont managed Puech's assets, the breakdown of Puech's family relationships, and the eventual discovery that Frémont had sold off Puech's Hermes shares, largely to LVMH, without Puech's knowledge. The investigation uncovers Frémont's lavish lifestyle funded by these sales, his conflicting accounts to investigators, and Puech's resulting financial ruin, leaving him with virtually no assets and dependent on the Hermes family for support.
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