German billionaire Klaus-Michael Kuehne dies at age of 89
German billionaire Klaus-Michael Kühne, the honorary chairman and controlling shareholder of global transport giant Kuehne+Nagel, has died at the age of 89, the company announced on Monday.
- World
- Reuters
- Published Date: 12:58 PM 24 August 2026
German billionaire Klaus-Michael Kuehne, the controlling shareholder of Swiss logistics group Kuehne + Nagel, has died aged 89, the company said on Monday.
Kuehne, the grandson of company co-founder August Kuehne, also held major stakes in German groups Lufthansa, Hapag-Lloyd and Brenntag.
He became CEO of Kuehne and Nagel in 1975 and was the chairman of its board of directors between 1992 and 2011.
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