Who Owns Hermès?
Updated onExplore the ownership hierarchy of Hermès. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Hermès
Hermès is a French luxury goods house that designs, manufactures, and retails high-end leather goods, fashion accessories, ready-to-wear, fragrances, watches, jewelry, and home products worldwide.
Starts at $47
H51
H51 is a French holding company that acquires and manages shares in Hermès International as part of the Hermès group’s corporate structure.
Hermès
Hermès is a French luxury goods house that designs, manufactures, and retails high-end leather goods, fashion accessories, ready-to-wear, fragrances, watches, jewelry, and home products worldwide.
Starts at $47
H51
H51 is a French holding company that acquires and manages shares in Hermès International as part of the Hermès group’s corporate structure.
Major Shareholders
Hermès
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
H51 SAS French family holding company that directly controls Hermès International; holds about 57.36 million shares and is identified in filings and data providers as the majority shareholder of Hermès International SCA. | Corporate | 54.7% | Dec 2024 |
H2 SAS Private holding company owned by members of the Hermès family group; holds roughly 7.0 million Hermès International shares. | Corporate | 6.7% | Dec 2024 |
Hermès Family Group Concerted group of Hermès family shareholders (including family-controlled entities such as Emile Hermès SAS); together with H51 and H2, the Hermès family group holds about two‑thirds of the share capital and a larger share of voting rights. | Family | 5.8% | Dec 2024 |
Arnault Family Family of Bernard Arnault (LVMH); longstanding minority shareholder in Hermès International with an AMF‑reported stake of about 1.87% of the capital, maintained since the 2017 threshold notification and reiterated in later analyses. | Family | 1.9% | — |
BlackRock, Inc. Global asset manager; reported holding approximately 1.8 million Hermès International shares through various funds as of late 2025. | Institutional | 1.8% | Nov 2025 |
The Vanguard Group, Inc. US-based asset manager; disclosed stake of about 1.4% of Hermès International via index and active funds. | Institutional | 1.4% | Oct 2025 |
Capital Research and Management Company US active manager (Capital Group) with just under 1% of Hermès International shares held across its funds. | Institutional | 0.9% | Nov 2025 |
Norges Bank Investment Management Manager of Norway’s Government Pension Fund Global; holds roughly 0.6% of Hermès International. | Institutional | 0.6% | Jun 2025 |
Amundi Asset Management SAS French asset manager; reported owning just over 0.5% of Hermès International. | Institutional | 0.5% | Mar 2025 |
FMR LLC Parent company of Fidelity Investments; holds a minority stake in Hermès International of a little under 0.5%. | Institutional | 0.4% | Nov 2025 |
Baillie Gifford & Co. Edinburgh‑based investment manager; disclosed ownership of a stake slightly above 0.4% in Hermès International. | Institutional | 0.4% | Jun 2025 |
H51
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
Hermès family heirs (Dumas, Guerrand and Puech branches) H51 is a private French holding company created in 2011 to pool shares in Hermès International held by members of the Hermès family. Public filings and press reports state that its shareholders are exclusively Hermès descendants (around 50–70 heirs at inception, now over 100 across generations), drawn from the Dumas, Guerrand and Puech branches, with no external investors disclosed; detailed individual stakes in H51 are not made public. | Family | — | — |
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