FRAMES ILLUSTRATED BY EDWIN FOTHERINGHAM FOR FORBES.
PHOTOS, TOP TO BOTTOM, FROM LEFT: STAN HONDA/AFP/GETTY IMAGES; PER KARLSSON/ALAMY; RODRIGO VAZ/GETTY IMAGES; BERNARD BISSON/SIPA/NEWSCOM; KEVIN WINTER/GETTY IM- AGES; JB LACROIX/GETTY IMAGES; STEPHANE DE SAKUTIN/AFP/ GETTY IMAGES; ROMUALD MEIGNEUX/SIPA/NEWSCOM; KRISTY SPAROW/GETTY IMAGES; THOMAS JOHN GIBBONS/GETTY IMAGES I NNOVATORS HERMS
JEAN-LOUIS DUMAS (D.) $1.7 BIL RENA GREGORIADS (D.) PIERRE-ALEXIS DUMAS SANDRINE DUMAS-BREKKE OLIVIER DUMAS MICHLE MARTIN AXEL DUMAS MATTHIEU DUMAS PHILIPPE DUMAS $1.9 BIL KATHRYN FENDER ROBERT DUMAS LOUIS DUMAS JEAN DUMAS MILE DUMAS ALICE CHARBIN-DUMAS THIERRY DUMAS ODILE FOLLENFANT STPHANE DUMAS JEAN-CHRISTOPHE DUMAS DOROTHE ALTMAYER CATHERINE DUMAS PIERRE DE SEYNES RIC DE SEYNES GUILLAUME DE SEYNES CORINNE MELLET SOPHIE DE SAINT-MICHEL DUNEZAT FRDRIC DUMAS $2 BIL LYNN GACHA-TAWA EDOUARD DUMAS CHARLES DUMAS EDNA BOLL-DUMAS SOLYNKA DUMAS
JRME GUERRAND (D.) $1.9 BIL CAROLINE NICOLAS DOUARD GUERRAND JULIE GUERRAND BLAISE GUERRAND MYRIAN GUERRAND (D.) PIERRE SIEGRIST HERMINE REDELE GAELLE DE MENDELSSOHN-BARTHOLDY PASCALE MUSSARD VALRIE DE COUDIC DE KERRANT PATRICK GUERRAND MARTINE BORGEAUD LIONEL GUERRAND (D.) OLAF GUERRAND MATHIAS GUERRAND (D.)
HUBERT GUERRAND ROSALINDA PEREIRA DE MELO OLYMPIA GUERRAND SIMON XAVIER GUERRAND 1 SHARED WITH HIS EXTENDED FAMILY. INSIDE THE FAMILY FORTUNE Using annual reports dating back to 2005, FORBES has estimated the Herms familys wealth at $25 billion. Based on their stake in the business, at least ve fth-generation descendants of Thierry Herms are billionaireseither alone or with their immediate families. (Through a company attorney the family disputes these individual estimates.) All but one of the identied family members own their stake through holding companies, all noted as related to those entities. As of 2011 most family shareholderswho are descended from Thierry Herms three great-granddaughters, Yvonne, Jacqueline and Alinehave transferred their respective holding company stakes into a single holding company, called H51, and are under an agreement not to sell a single share to anyone outside H51 until 2040. This strategy ensures that a seventh generation will inherit Herms. YVONNE PUECHS DESCENDANTS JACQUELINE DUMAS DESCENDANTS ALINE GUERRANDS DESCENDANTS POLLUX ET CONSORTS. VALUE: $2.2 BILLION BERTRAND PUECH RENAUD MOMMEJA HENRI-LOUIS BAUER NICOLAS PUECH GUILLAUME DE SEYNES ERIC DE SEYNES AXEL DUMAS PIERRE-ALEXIS DUMAS EDOUARD GUERRAND HUBERT GUERRAND H2 SAS. VALUE: $2.4 BILLION HOLDING COMPANIES FLCHES SAS. VALUE: $2 BILLION FALAISES. VALUE: $1.9 BILLION SDH SAS. VALUE: $3.3 BILLION JAKYVAL. VALUE: $1.9 BILLION KEY: CEOS (CURRENT AND FORMER) SUPERVISORY BOARD MILE HERMS SARL MANAGEMENT BOARD BILLIONAIRES ARTISTIC MANAGING DIRECTOR REVISED AUG. 19. p90-102 Hermes LO.indd 94 8/20/14 9:41 AM