Late German billionaire Klaus-Michael Kuehne leaves $49 billion fortune to his foundation
Klaus-Michael Kuehne died at 89 with no children. His $49 billion portfolio, built on Kuehne+Nagel and Hapag-Lloyd, passes to a Swiss foundation.
Klaus-Michael Kuehne
German billionaire Klaus-Michael Kuehne, logistics magnate behind Kuehne + Nagel, dies at 89
Klaus-Michael Kuehne, the controlling shareholder of Swiss logistics group Kuehne + Nagel and one of Germany's richest investors, has died at the age of 89.