Klaus-Michael Kuehne

$37.59B
$108.4M (-0.3%)
as of 11/20/24

About Klaus-Michael Kuehne

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 owns roughly 30% of shipping and logistics company Hapag-Lloyd, a holding he has steadily increased in recent years.

Throughout the course of 2022, he acquired a 17.5% in Lufthansa, the German airline carrier, and became its largest single investor.

Personal stats

Citizenship

Germany

Source of wealth

Shipping

Residence

Schindellegi, Switzerland

Marital status

Married

Birth date

06/02/37 (age 87)

Self-made

inherited and growing

Klaus-Michael Kuehne’s fortune is worth

627K

troy ounces of gold

578K

median U.S. household

376K

median U.S. income

0.752%

U.S. credit card volume

0.15%

GDP of the United States

0.111%

United States debt

Net worth history

Annual ranking

Did you know?

He transformed the 600-year old Castell Son Claret on Mallorca into a luxury hotel, and built another hotel, The Fontenay, in Hamburg.

Net worth over time

Real-time ranking

Financial assets

XETRA | LHA-DE

Deutsche Lufthansa

XETRA | HLAG-DE

Hapag Lloyd

SIX SWISS | KNIN-CH

Kuehne & Nagel International AG

Images © Forbes.com. All rights reserved.