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Ponyo would be devastated by this turn of events at Hermés


Apparently the fund manager stole the 13B fortune from the Hermés heir. How this can happen I don't understand.
Happens more often than you'd think, with very wealthy clients trying to hide their assets, or avoid paying any taxes on their estate - by trusting a financial advisor to transfer their wealth over to unregulated overseas tax havens with no reporting requirements
 
Happens more often than you'd think, with very wealthy clients trying to hide their assets, or avoid paying any taxes on their estate - by trusting a financial advisor to transfer their wealth over to unregulated overseas tax havens with no reporting requirements
All to avoid some relatively modest taxes for all the obscene wealth they have. Morons.
 
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