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Germany's richest person Kühne's 42.2 billion euro fortune transferred to foundation

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Germany's richest person Kühne's 42.2 billion euro fortune transferred to foundation
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Points clés

  • Klaus-Michael Kühne died without leaving children.
  • His 42.2 billion euro fortune passed to a tax-free foundation in Switzerland.
  • The foundation thus became one of the richest foundations in Europe.
  • Kühne was one of the major partners of the Kühne + Nagel logistics company.

En chiffres

42.2 billion euro fortunetax-free inheritance transferEurope's richest foundations

Germany's richest person Klaus-Michael Kühne died without children. Because he lived in a Swiss canton without inheritance tax, his 42.2 billion euro fortune was transferred to a foundation tax-free.

This made the foundation one of the richest foundations in Europe. Kühne was one of the major partners of the logistics giant Kühne + Nagel and amassed his fortune from the company's shares.

The absence of inheritance tax allowed the entire fortune to pass to the charitable foundation. This was recorded as one of the largest private wealth transfers in Europe.

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Questions fréquentes

Who is Klaus-Michael Kühne?
He was Germany's richest person and one of the major partners of the Kühne + Nagel logistics company.
Where and how did his fortune pass?
It was transferred entirely to a foundation established in Switzerland without paying inheritance tax.
Why is this event significant?
One of Europe's largest foundation establishments was created and a historic wealth transfer took place.

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