Death of Germany's richest man creates a giant charitable foundation

Death of Germany's richest man creates a giant charitable foundation

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.

Germany's Wealthiest Man Passes Away, Leaving a Lasting Charitable Legacy

Discover how Germany's wealthiest man's passing marks the end of an era but leaves behind a powerful charitable legacy inspiring millions. Learn about his impact and philanthropic contributions.

The death of Germany's richest man creates one of Europe's biggest foundations

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.