Klaus Michael Kuhne

Klaus-Michael Kuhne is one of the richest people in Germany with a net worth of $9.8 billion. He is the executive chairman of the Kuhne & Nagel, the international transport company in which he owns a little more than 53%. He has also served the position of honorary chairman of the Board of Directors from 1970s. Apart from this, he is also associated with Albert Ballin KG Group, a group of investors credited with the achievement of stopping Hapag Lloyd, the oldest German shipping company, from leaving the country. 

klaus michael kuhne

Michael Kuhne holds a 28% stake in Hapag Lloyd, the world’s leading container ship operators. During the 2nd half of 2012 it was announced that Hapag Lloyd was eyeing a merger with a company which was owned by the German Oetkar family. It is interesting to note that Hapag Lloyd is now the 6th largest company with a whopping 150 container ships. 

klaus michael kuhne

Klaus-Michael Kuhne was born in Hamburg, Germany and he actually inherited Kuhne & Nagel from his grandfather. The company is mainly focused on transportation and logistics and the very nature of the company has not changed since its inception in 1890. Although his work is based in Germany, he prefers to live in Switzerland. It has been widely reported that he actually lives in a custom designed house that is quite huge and looks like an ocean liner. 

Press Like If You Learnt Something New : )

New! Comments

Have your say about what you just read! Leave me a comment in the box below.

"If I have seen further than others, it is by standing upon the shoulders of giants." Isaac Newton

The material in this site is purely for educational purposes only. In creating this side we have sourced info from many sites and would like to give credit to where it is due.We do not intend to infringe any website's copyrighted material and we use the information for educational purposes and use information that are public in nature and hopefully protected by freedom of information laws. Also, when I created this website years ago, I took many pictures from the internet that may infringe your copyright. I will be slowly taking all these down and if the picture that belongs to you or your company is still there, please drop me an email and I will remove the pictures. If you found that any article in this website infringe your rights please let us know and we will take it down. Thanks.


Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)