On the deathbed of their matron Adeline [Geraldine Chaplin], the aristocratic Hulot family confronts a collapsing fortune and a web of desires that threaten to tear them apart. Adeline's husband, Baron Hector Hulot [Hugh Laurie], has squandered the family wealth on a string of mistresses, leaving debts to tighten around every decision the clan makes and turning fortune into a fragile measure of pride.
Cousin Bette [Jessica Lange], a poor and aging spinster who has spent her life supporting Adeline and her kin, believes that Adeline’s death will finally bring her a rightful place within the family. She is stricken and furious when what she perceives as a proposal of marriage from the Bar on Hector Hulot is, in fact, a bid to hire her as their unpaid housekeeper, a humiliation that stings all the more because of the years she has sacrificed for their social climbing.
Back in her humble apartment, Bette continues her work as a costume maker for a Burlesque theater, where she forges a tentative friendship with Jenny Cadine [Elisabeth Shue], the headliner and Baron Hulot’s mistress. It is through this unlikely alliance that Bette also becomes close to the displaced and impoverished Count Wenceslas Steinbach [Aden Young], a young sculptor who seems to be finding a new path with Bette’s encouragement and support. Under Bette’s watchful eye, Wenceslas begins to regain momentum in his career, gaining exposure and a renewed sense of possibility, even as Bette’s affection for him deepens.
Hortense Hulot [Kelly Macdonald], Adeline’s young and restless daughter, watches the growing bond between Bette and Wenceslas with a mix of curiosity and longing. Parched by a parade of dull, wealthy suitors, Hortense becomes intrigued by the stories of a handsome artist who also happens to be a lord, and she resolves to win him for herself. The pair marry, and Wenceslas accepts a prestigious commission that promises a major debut if he can deliver.
Bette sees the theft of Wenceslas—whom she loved—as the ultimate betrayal and vows revenge. She recruits Jenny to help her steer the Hulot family toward ruin, using their flaws and desires as carefully laid traps. One by one, the Hulots begin to crumble under the pressure of mounting debts and personal betrayals, all nudged along by Bette’s quiet, relentless manipulation.
Wenceslas, once brimming with potential, finds his career derailed when the commission collapses into a hollow sculpture—a squandered opportunity that leaves him creatively blocked and publicly diminished. Jenny Cadine seduces him, twisting his personal life into a triangle that entangles him with both Jenny and the Bar on Hector Hulot. The emotional fallout is catastrophic: the Bar on suffers a debilitating stroke after learning of the affair, and Hortense, learning of the infidelity, attempts to murder Jenny—only to kill Jenny Cadine’s husband instead—before ending up in prison.
Victor in Hulot [Toby Stephens], the Bar on’s son, has been enabling the family’s extravagant lifestyle by borrowing heavily from ruthless loan sharks. With no feasible way to repay, he flees into the shadows, joining a circle of fugitives as the city of Paris begins to fracture under escalating conflict.
As gunfire echoes through the streets and the city’s upheaval grows louder, the Hulot family’s fortunes collapse in tandem with their pride. Wenceslas is dead, the Bar on is crippled, Hortense remains imprisoned, and Victorin hides from the consequences of reckless debts. The once-proud family home is shuttered, its grandeur reduced to memory and ruin.
In sharp contrast to the rest of the clan, Bette emerges triumphant. She has accumulated a small fortune and now holds the infant heir—the family’s future in a single, careful hand. She intends to raise the child as her own, shaping him into a great artist who will one day return her the love and validation she has long craved.
