Klausmichael Kuhne Net Worth is$9.8 Billion
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Date of Birth: Jun 2, 1937
Country: Germany
Net Worth: View Klaus-Michael Kuhne Net Worth
What is Klaus-Michael Kuhne's net worth? Klaus-Michael Kuhne's net worth is $9.8 billion dollars which makes him one of the richest people in Germany. Born in Hamburg, Germany, Klaus-Michael Kuhne inherited Kuhne + Nagel AG from his grandfather. The company was founded in 1890 and focuses on transportation and logistics. Klaus-Michael Kuhne serves as executive chairman, and has also served as honorary chairman of the Board of Directors since the 1970s. He is the majority owner of Kuhne + Nagel, and currently holds 53% of the company. He is also part of the Albert Ballin KG group, a group of investors who joined together in an effort to keep one of Germany's oldest shipping companies, Hapag Lloyd, from leaving the country. Though much of his work is based Germany, he makes his home in Switzerland, in the city of Schindellegi. He has lived there for the majority of the year since the mid-70s. It is reported that he lives in a large house custom-designed to look like an ocean liner.

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Klausmichael Kuhne Latest News

Klaus-Michael Kuehne's vision of new shipping giant

11/Mar/2013 by Thomas Cullen. Klaus-Michael Kuehne believes the era of big mergers in the logistics industry has come to an end. However, he commented that Hapag-Lloyd might be looking to merge with more than one company to create a new shipping giant.
Posted: March 10, 2013, 5:00 pm

Kuehne praises China's rejection of P3 alliance

Billionaire logistics businessman Klaus Michael-Kuehne has praised China for rejecting the P3 alliance. Kuehne, who owns logistics provider Kuehne + Nagel and is the largest individual shareholder in container line Hapag-Lloyd, said the move by China would ...
Posted: June 26, 2014, 10:46 pm

Kuhne: IPO still on

Hapag-Lloyd shareholder Klaus-Michael Kuhne insists the company will carry out an IPO following its planned merger with Hamburg Sud. The logistics tycoon said a share sale could take place in two or three years - and would go ahead even if a combination ...
Posted: March 8, 2013, 2:48 am
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