Name
Klaus-Michael Kuehne
Primary Residence
Schindellegi, Switzerland
Citizenship
Germany
Source Of Wealth
shipping
Net Worth
$14,700,000,000
Forbes Profile
Forbes 2019 Billionaires List Rank:
101
Forbes List Rank One: Title
#101 Billionaires 2019
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Summary
Logistics magnate Klaus-Michael Kuehne is Honorary Chairman of Kuehne + Nagel International AG, based in ?Schindellegi?, Switzerland.He joined the company, cofounded by his grandfather, in 1958, eventually taking over as CEO in 1966.In 2016, his Kuehne Holding AG acquired 20% of VTG, a rail logistics company. Two years later, it sold the stake to Morgan Stanley Infrastructure.He also holds a 25% stake in shipping and logistics company Hapag-Lloyd. Kuehne is an only child and has no children. His charitable foundation will manage his wealth upon his death.
Did you know?
Despite expressing public frustration with the team's performance, Kuehne remains a minority owner of Hamburger SV, a Bundesliga soccer club.He transformed the 600-year old Castell Son Claret on Mallorca into a luxury hotel, and built another hotel, The Fontenay, in Hamburg.
Age
82
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