24 Dec, 2023 @ 12:00
1 min read

Heir to €12bn Hermes fortune wants to leave HALF to his Moroccan gardener in Spain’s Andalucia

A MOROCCAN gardener in Andalucia could become a billionaire after the heir to popular luxury clothing brand, Hermes, vowed to leave him a €6bn inheritance. 

Nicolas Puech at his ranch in Aracena, Huelva. Photo: Cordon Press

They say money doesn’t grow on trees, but for this lucky gardener it might just be true. 

Known only as Jadil, he has worked on the finca of Hermes’ heir, Nicolas Puech Hermes,  for many years. 

While working at ‘Los Cuatro Vientos’, in Aracena, Huelva, he became a close confidant of the fashion tycoon. 

Now, he could inherit the luxury brand’s fortune as Puech has begun legal proceedings to adopt the 50-year-old man.  

Puech reportedly considers Jadil his ‘son’, having no children himself and being estranged from most of his family. 

The 80-year-old is the fifth generation descendant of Thierry Hermes, who founded the brand in 1837.

Known for their handbags, Puech’s shares in the brand have now amassed a €12bn fortune. 

Hermes is famous for its signature handbags. Photo: Cordon Press

Now, Puech wants to leave half, around €6bn, to his former gardener, according to Swiss media reports. 

However, he will first have to cancel a ‘succession agreement’ made with the Isocrates Foundation in 2011, a charity dedicated to ‘the protection and promotion of public debate’. 

Despite Puech being the founder and president of the charity, the foundation has announced it formally opposes the heir’s decision. 

They said in a statement: “From a legal standpoint, the abrupt and unilateral annulment of a succession agreement appears void and unfounded.”

The foundation, founded to protect the public interest in journalism and media production, is based in Switzerland. 

Therefore, the contract is subject to the Swiss Federal supervisory board for foundations.   

It is believed the local community in Aracena is shocked by the news. 

The former gardener is married to an Andalucian woman with two children, who Hermes reportedly refers to as his family. 

The heir is thought to own about 5.7% of Hermes’ current shares, which have soared in value since the pandemic saw demand for luxury goods almost quadruple.  

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Yzabelle Bostyn

Yzabelle Bostyn is an NCTJ trained journalist who started her journalistic career at the Olive Press in 2023.
Before moving to Spain, she studied for a BA in English Literature and Hispanic Studies at the University of Sheffield.
After graduating she moved to the university’s journalism department, one of the best in the UK.
Throughout the past few years, she has taken on many roles including social media marketing, copywriting and radio presenting.
She then took a year out to travel Latin America, scaling volcanoes in Guatemala and swimming with sharks in Belize.
Then, she came to the Olive Press last year where she has honed her travel writing skills and reported on many fantastic experiences such as the Al Andalus luxury train.
She has also undertaken many investigations, looking into complex issues like Spain’s rental crisis and rising cancer rates.
Always willing to help, she has exposed many frauds and scams, working alongside victims to achieve justice.
She is most proud of her work on Nolotil, a drug linked to the deaths of many Brits in Spain.
A campaign launched by Yzabelle has received considerable support and her coverage has been by the UK and Spanish media alike.
Her writing has featured on many UK news outlets from the Sun to the Mail Online, who contracted her to report for them in Tenerife on growing tourism issues.
Recently, she has appeared on Times Radio covering deadly flooding in Valencia.

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