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FILE - Klaus Michael Kuehne, majority owner of Kuehne and Nagel, during a press conference in Hanover. Oct. 12, 2008. (AP Photo/Joerg Sarb)

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Video. Death of Germany's richest man creates a giant charitable foundation

Updated: 01/09/2026 - 15:32 GMT+2

Klaus-Michael Kühne had no children and lived in a Swiss canton with zero inheritance tax. When he died, his €42.2bn fortune passed tax-free into a decades-old charity, instantly making it one of the wealthiest foundations in Europe.

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