The Aporia
German billionaire Klaus-Michael Kuehne dies at age 89. (2026, August 24). The Straits Times. https://www.straitstimes.com/world/europe/german-billionaire-klaus-michael-kuehne-dies-at-age-89
“German billionaire Klaus-Michael Kuehne dies at age 89.” The Straits Times, 24 Aug. 2026, https://www.straitstimes.com/world/europe/german-billionaire-klaus-michael-kuehne-dies-at-age-89.
“German billionaire Klaus-Michael Kuehne dies at age 89.” The Straits Times, August 24, 2026. https://www.straitstimes.com/world/europe/german-billionaire-klaus-michael-kuehne-dies-at-age-89.
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German billionaire Klaus-Michael Kuehne has died at the age of 89, as announced by his company, Swiss logistics group Kuehne + Nagel, on August 24. Kuehne was a dominant figure in global shipping and logistics, transforming Kuehne + Nagel from a family freight forwarder into one of the world's largest logistics groups. He amassed a fortune worth more than $44.2 billion, making him one of Germany's richest investors. Kuehne held significant stakes in several German companies, including Lufthansa, Hapag-Lloyd, and Brenntag. He was the grandson of company co-founder August Kuehne and became CEO of Kuehne + Nagel in 1975, serving as chairman from 1992 to 2011.