The German is an international logistics and transportation tycoon and is ranked 32nd among the world's millionaires, according to Forbes.
Klaus Michael Cohen He is one of the world's biggest millionaires and the richest man in Germany. businessman He is the current president and majority partner By Kuehne + Nagel, one of the world's leading logistics companies. The German has 53.3% of the association Its sales volume reached 35.9 million in 2021.
The official website of Kuhne + Nagel stated that the company has 1,300 offices around the world, and employs more than 81,000 workers. They announce themselves The main carriers of sea and air routes in the worldIn addition to traditional land shipments.
An international transport giant as well He is the largest shareholder in the shipping company Hapag-Lloyd30% of its shares. But its capital moves in all terrains. Its recent transactions diversified to include one of the largest European airlines, Lufthansa, acquiring 17.5% of the business.
How did Klaus Michael Kuehne make his fortune?
85-year-old German businessman He joined the logistics business in 1958By joining the company that his grandfather co-founded. He managed to rise to CEO in just eight years, but his path to the top was longer. Klaus successfully took Kuehne + Nagel public in the early 1990s, and this achievement within the company led him to become its president in 1998.
What Klaus Michael Kuehne did to avoid paying taxes in Germany
One of the procedures that allowed Kuehne + Nagel to grow was devised by Klaus, shortly after his arrival. German innovation Moving the company's headquarters and residence to Schwyz, Switzerland. This new terrain had great appeal for a more company-friendly tax system. But she was affected by criticism in her homeland.
Klaus Michael Kuehne's net worth in 2024
Forbes He reported that The German logistics tycoon has a net worth of $39.2 billion of dollars and is ranked 32nd among the world's largest millionaires. This large amount of money allows you to invest in your emotions. One of them is the football club Hamburg SV, of which he has been a childhood fan and one of the minority owners. With their help, many signings were financed, the most important of which was the Rafael van der Vaart deal in 2010.
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Klaus's legacy is also marked by his charitable work, Since the Hamburg University of Logistics is named after him and created by his foundation. Kuehne Logistics University (KLU) consists of two departments: Logistics and Management and Economics. It is located in the Haven-City metropolitan area (Germany) and all its classes are taught in English.
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