Klaus-Michael Kühne had no children and lived in a Swiss canton with zero inheritance tax. When he died, his €42.2bn fortune passed tax-free into a decades-old charity, instantly making it one of the wealthiest foundations in Europe.
The death of Germany's richest man creates one of Europe's biggest foundations
By Dhallo News · September 1, 2026 at 7:02 PM IST
SOURCE: Euronews - Business
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