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EconomyGermany’s richest man’s death creates one of Europe’s biggest foundations

Klaus-Michael Kühne had no children and lived in a Swiss canton with no inheritance tax. After his death, his €42.2 billion fortune passed tax-free to a decades-old charity, immediately making it one of Europe’s wealthiest foundations.

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Eeuronews★★☆☆☆2026-09-01 13:32Original

Germany’s richest man’s death creates one of Europe’s biggest foundations
Economy