What is Klaus-Michael Kuhne’s net worth? Klaus-Michael Kuhne’s net worth is $9.8 billion dollars which makes him one of the richest people in Germany. Born in Hamburg, Germany, Klaus-Michael Kuhne inherited Kuhne + Nagel AG from his grandfather. The company was founded in 1890 and focuses on transportation and logistics. Klaus-Michael Kuhne serves as executive chairman, and has also served as honorary chairman of the Board of Directors since the 1970s. He is the majority owner of Kuhne + Nagel, and currently holds 53% of the company. He is also part of the Albert Ballin KG group, a group of investors who joined together in an effort to keep one of Germany’s oldest shipping companies, Hapag Lloyd, from leaving the country. Though much of his work is based Germany, he makes his home in Switzerland, in the city of Schindellegi. He has lived there for the majority of the year since the mid-70s. It is reported that he lives in a large house custom-designed to look like an ocean liner.
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