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The Economic Times

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Shipping tycoon Klaus-Michael Kuehne dies at 89 in Switzerland

Klaus-Michael Kuehne, the richest man in Germany, has passed away at the age of 89. Under his leadership, Kuehne + Nagel transformed into a global freight forwarding powerhouse. The company experienced a remarkable profit boost during the recent pandemic, attributed to a surge in demand for healthcare and consumer products. His substantial stake in Kuehne + Nagel significantly contributed to his immense wealth.

25 Aug 2026 12:10 am