Klaus Michael Kuehne Net Worth
Klaus-Michael Kuehne is a German billionaire businessman and philanthropist. Klaus-Michael Kuehne net worth of $19.6 billion. He is the chairman of the Hamburg-based Kuehne + Nagel, a logistics and transportation company founded by his grandfather in 1890.
He is ranked as the second-richest person in Germany and the 42nd-richest in the world. Kuehne is a passionate collector of art, particularly of works by German artists. He is also involved in philanthropy and supports a variety of causes, including education, healthcare, and the environment. His nationality is German.
| Net worth | $19.6 billion |
| Date of birth | 1937-06-02 |
| Gender | Male |
| Profession | Businessmen, entrepreneur |
| Nationality | Germany |
| Last updated | 2023 |
Klaus-Michael Kuehne early life
Klaus-Michael Kuehne was born in 1937 in Hamburg, Germany. After graduating from high school, he studied law at the University of Hamburg and obtained his doctorate in law in 1965.
He then went on to become a partner at the Hamburg-based law firm Kuehne & Partner. In 1971, he founded his own law firm, Kuehne & Nagel, which specialized in international freight forwarding and logistics services. From 1972 to 1983, he served as the Chairman of the Board of Kuehne & Nagel.
During this time, he also became a member of the FDP (Free Democratic Party) and was elected to the German Parliament in 1983. He served as a Member of Parliament until 1998.
Klaus-Michael Kuehne career
Klaus-Michael Kuehne is a German entrepreneur and philanthropist. He is the founder and chairman of the Kuehne + Nagel logistics company and is estimated to have a net worth of $17.5 billion.
He is also the founder of the Kuehne Foundation, which funds programs related to education, health care, and arts and culture. Kuehne has held numerous positions in organizations throughout his career, including as a member of the supervisory board of Deutsche Börse, the supervisory board of HeidelbergCement, and the board of trustees of the International Institute for Management Development.
He is an honorary citizen of the city of Hamburg and has received numerous awards for his business and philanthropic contributions.
Conclusion
Klaus-Michael Kuehne is a German businessman and philanthropist. He is one of the world’s wealthiest people, with a net worth estimated at $19.6 billion.
He is the founder and chairman of Kuehne + Nagel, the world’s largest logistics company, and is also the founder and majority owner of Hamburg Süd, a shipping line. Kuehne was born in 1937 in Hamburg, Germany, and grew up in a working-class family. He studied business administration at the University of Hamburg and, in 1962, began working for the family-owned freight forwarding business, Theodor Kuehne & Co. He became a partner in the company in 1965, and in 1969, he established Kuehne + Nagel in partnership with Ernst Nagel.
Kuehne + Nagel quickly became an industry leader, providing global logistics services to customers in more than 100 countries. In 1979, Kuehne took sole ownership of the company and expanded its services to include air, ocean, and road freight, as well as contract logistics and supply chain management. Kuehne has served on the boards of numerous companies and organizations, including the World Economic Forum and the International.