Klaus-Michael Kuehne
$40.25B
$248.7M (-0.6%)
as of 10/03/24
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
GermanySource of wealth
ShippingResidence
Schindellegi, SwitzerlandMarital status
MarriedBirth date
06/02/37 (age 87)Self-made
inherited and growingKlaus-Michael Kuehne’s fortune is worth
671K
troy ounces of gold
619K
median U.S. household
403K
median U.S. income
0.805%
U.S. credit card volume
0.161%
GDP of the United States
0.118%
United States debt
Net worth history
Annual ranking
Did you know?
Kuehne is an only child and has no children. His charitable foundation will continue to manage his wealth after he passes away.
Net worth over time
Real-time ranking
Financial assets
XETRA | LHA-DE
Deutsche LufthansaXETRA | HLAG-DE
Hapag LloydSIX SWISS | KNIN-CH
Kuehne & Nagel International AGImages © Forbes.com. All rights reserved.