Klaus-Michael Kühne

Klaus-Michael Kühne (born 2 June 1937) is a german billionaire businessman. He is the honorary chairman and majority owner (53.30%) of the international transport company Kühne + Nagel, co-founded by his grandfather, August Kühne (1855-1932).[3] In 1963, he joined his father Alfred Kühne (1895–1981)[4] as a junior partner and has lived in Switzerland since 1975, in the city Schindellegi, the location of the Kühne + Nagel headquarters. He became CEO of the company in 1996.

Klaus-Michael Kühne
Kühne in Hamburg in 2012
Born (1937-06-02) 2 June 1937
Hamburg, Germany
NationalityGerman
OccupationBusinessman
Net worth US$24.2 billion (February 2021)[1]
TitleHonorary chairman, Kühne + Nagel[2]
Spouse(s)married
Parent(s)Alfred Kühne
RelativesAugust Kühne (grandfather)
Websitehttp://www.kn-portal.com/

He also runs Kuhne Holding AG. In 2016 the company acquired 20% of VTG, a rail logistics company.[5][2] In April 2020, Kühne upped his stake in shipping company Hapag-Lloyd to 30%, having previously owned 26% of the business, making him the largest shareholder.[6][7]

As of 2020 according to Forbes, Kühne's net worth is US$14.2 billion and he is one of the 5 richest Germans.[8] The Kühne Logistics University in Hamburg is named after him.[9]

See also
  • List of US-dollar billionaires in Germany
  • Kühne School of Logistics and Management

References
  1. - Bloomberg.com
  2. "Klaus-Michael Kuehne". Forbes. Retrieved 30 April 2015.
  3. Kühne + Nagel annual report 2006
  4. Kühne, Alfred Deutsche Biografie (1982)
  5. Reuters Staff (16 July 2018). "Morgan Stanley Infrastructure bids to take over Germany's VTG". Reuters. Retrieved 2 December 2020.
  6. Lewis (i_lewis), Ian. "No let up as rally in Hapag-Lloyd share price continues | TradeWinds". TradeWinds | Latest shipping and maritime news. Retrieved 2 December 2020.
  7. "Kühne ups stake in Hapag-Lloyd". Splash247. 1 April 2020. Retrieved 2 December 2020.
  8. "Forbes Billionaires 2020". Forbes. Retrieved 7 December 2020.
  9. University, Kühne Logistics. "About KLU". Kühne Logistics University. Retrieved 12 January 2020.
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