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Europe

The death of Germany's richest man creates one of Europe's biggest foundations

Business | Euronews RSS · 3h ago · 🇩🇪 Germany

The death of Germany's richest man creates one of Europe's biggest foundations

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.

Read the full story at Business | Euronews RSS →

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