A massive legal battle is brewing in Paris. An heir to the iconic Hermès fashion empire just filed a lawsuit against luxury giant LVMH—and its billionaire boss Bernard Arnault—in a French civil court. The claim? A staggering €14 billion (roughly $16.3 billion) allegedly tied to shares the heir says were lost. This isn't pocket change—we're talking about one of the biggest shareholder disputes in the luxury sector. The outcome could reshape how legacy fortunes and corporate power plays intersect in old-money Europe. Stay tuned.
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LiquidityWhisperer
· 10h ago
NGL, this €14 billion scandal is huge. Arnault might really be in trouble this time.
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MetaEggplant
· 12-04 09:57
1.4 billion euros are at stake, these old money folks really know how to play.
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PensionDestroyer
· 12-03 17:09
Damn, what's going on with 1.4 billion euros? Are they trying to crash the scene?
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GweiObserver
· 12-03 17:08
Hey, with this €1.4 billion investment, the traditional luxury goods industry is about to be shaken up.
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SerumSquirrel
· 12-03 17:07
The descendants of Hermès are up against LVMH, 14 billion euros... This drama is absolutely wild.
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StablecoinEnjoyer
· 12-03 17:01
Oh my god, 1.4 billion euros? How long will it take to recover from that loss?
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New_Ser_Ngmi
· 12-03 16:53
What kind of concept is 1.4 billion euros... This is probably going to cause a rift within Hermès.
A massive legal battle is brewing in Paris. An heir to the iconic Hermès fashion empire just filed a lawsuit against luxury giant LVMH—and its billionaire boss Bernard Arnault—in a French civil court. The claim? A staggering €14 billion (roughly $16.3 billion) allegedly tied to shares the heir says were lost. This isn't pocket change—we're talking about one of the biggest shareholder disputes in the luxury sector. The outcome could reshape how legacy fortunes and corporate power plays intersect in old-money Europe. Stay tuned.