#kuhne — Public Fediverse posts

The 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.

https://mediafaro.org/article/20260901-the-death-of-germanys-richest-man-creates-a-giant-charitable-foundation?mf_channel=mastodon&action=forward

#Billionaire #Kuhne #InheritanceTax #Charity #Business #Germany #Switzerland