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Hermes
World's 5 richest families own $1.4T in combined wealth, dominated by Arab royals
The five richest clans in the world boast a combined US$1.45 trillion in wealth, with three Arab royal families accounting for around 51% of that figure.
Luxury giant LVMH denies misappropriating Hermès heir's shares amid civil lawsuit
Singapore to sell Hermes handbags, gold bars seized in $2.3B money laundering case
Fake Rolex, Hermes, Louis Vuitton goods among $5.6M haul in Hong Kong counterfeit crackdown
Hong Kong authorities have seized 67,000 counterfeit items worth HK$44 million (US$5.6 million), including those bearing Hermes, Louis Vuitton and Rolex logos, in a recent two-week operation.
August 7, 2025 | 09:49 pm PT
Hermès heir's missing $16B stake can't be recovered, chairman says
Hermès shares worth €14 billion (US$16.2 billion) inherited by Nicolas Puech, an heir to the Birkin bag maker's fortune, cannot be recovered, said the firm's chairman, as the whereabouts of the holding remain a mystery.
July 31, 2025 | 07:33 pm PT
Billionaire Hermès heir’s ex-adviser dies as $16B share dispute remains unsolved
Eric Freymond, former adviser to an Hermès heir Nicolas Puech, has died at 67, while the fate of missing Hermès shares valued at around €14 billion (US$16 billion) remains a mystery.
July 25, 2025 | 05:17 am PT
Hong Kong actor Ray Lui’s wife flaunts $51K Hermès handbag during European getaway
Actor Ray Lui’s wife, Chinese businesswoman Yang Xiaojuan, was spotted carrying a limited-edition Hermès Ghillies Birkin handbag, valued at HK$400,000 (US$51,000), while vacationing in Europe.
July 17, 2025 | 08:59 pm PT
Vietnamese woman accused of evading taxes on $32M sales of diamonds and luxury bags, including Hermes, LV, Versace
A Hanoi woman has been arrested for allegedly evading taxes on more than VND834 billion (US$32 million) in online sales of luxury handbags, watches, diamonds and other high-end goods.
July 11, 2025 | 06:00 pm PT
Inside the battle against luxury fakes: How brands, authenticators are working to outpace counterfeiters
Luxury brands and second-hand marketplaces are ramping up efforts to combat fakes, from training human authenticators to adopting technology, as counterfeits grow more convincing and common.
July 10, 2025 | 11:59 pm PT
Wife of Vietnam national team captain Do Duy Manh revels in high-end fashion
Nguyen Quynh Anh, married to Vietnamese center-back Do Duy Manh, frequently indulges in luxury fashion, with a wardrobe featuring pieces from brands like Hermès, Dior, and Chanel.
January 13, 2025 | 08:36 pm PT
Inside Thai PM Paetongtarn Shinawatra’s $2.2M designer bag collection
Thai Prime Minister Paetongtarn Shinawatra’s bag collection features hundreds of luxury designs from elite fashion houses such as Hermès, Chanel, and Dior, collectively valued at an estimated 76 million baht (US$2.2 million.)
January 7, 2025 | 10:58 pm PT
Cardi B denies allegations of financial hardship, claims $3M monthly spending
American rapper Cardi B has denied claims that she’s “surviving on Shein deals and brand partnerships,” asserting that she spends US$3 million a month and can buy whatever she wants.
December 6, 2024 | 05:00 am PT
Hermes bags of property tycoon Truong My Lan remain seized as court denies return request
A court on Thursday denied property tycoon Truong My Lan’s request for the return of two Hermes albino crocodile bags which were confiscated during an investigation against her.
October 17, 2024 | 03:30 pm PT
Cardi B flaunts $2M Hermès bag collection
American Grammy-winning rapper Cardi B showcased her Hermès bag collection, valued at over US$2 million, on Instagram.
October 13, 2024 | 05:30 pm PT
How difficult is it to obtain the Hermès albino crocodile bag property tycoon Truong My Lan seeks to reclaim?
Even “top buyers” at Hermès may struggle to acquire albino crocodile bags, which property tycoon Truong My Lan has demanded back following their seizure during an investigation.
October 2, 2024 | 03:35 am PT
How expensive is the Hermès albino crocodile bag property tycoon Truong My Lan wants back?
The Hermès albino crocodile bags, which property tycoon Truong My Lan has requested to be returned following their confiscation during an investigation, typically sell for six-figure sums.
October 1, 2024 | 03:19 pm PT
1MDB sues former Malaysian PM Najib’s wife for $346M worth of luxury goods
Malaysian fund 1Malaysia Development Berhad (1MDB) and 10 subsidiaries have sued former Prime Minister Najib Razak’s wife Rosmah Mansor for allegedly obtaining luxury items worth US$346 million.
May 13, 2024 | 11:30 pm PT
Wife of 'Messi of Vietnam' flaunts Hermès, Chanel, Dior bags gifted by husband
Chu Thanh Huyen, wife of Nguyen Quang Hai, dubbes the “Mesi of Vietnam” by the French press, often sports Hermès, Chanel, and Dior bags—gifts from her husband over the past year.
April 25, 2024 | 04:00 am PT
Singaporean billionaire’s heiress Kim Lim says she ‘still loves’ first ex-husband
Kim Lim, the daughter of billionaire Peter Lim and a notable socialite in Singapore, shared in an interview that she and her first ex-husband Kho Bin Kai still share a close and supportive bond.
April 15, 2024 | 03:44 am PT
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