Klaus-Michael Kühne had no children and lived in a Swiss canton with zero inheritance tax. When he died, his €42.2bn fortune passed tax-free into a decades-old charity, instantly making it one of the wealthiest foundations in Europe.

you are viewing a single comment's thread
view the rest of the comments
[–] 4 points 1 month ago (1 child)

It moved, as planned decades in advance, into the Kühne Foundation, a charity he set up with his parents about 50 years ago.

If you think that charity was going to feed the poor or something, this does not sound too promising.

  • source
  • parent
  • hideshow 1 child comment