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

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.

READ MORE : http://www.euronews.com/2026/09/01/the-death-of-germanys-richest-man-creates-one-of-europes-biggest-foundations

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