Klaus-Michael Kuehne to receive $4.5 billion dividends from transport empire
Germany’s richest person, Klaus-Michael Kuehne, is set to receive $4.5 billion in dividends this year following a windfall from his growing transport empire, Kuehne + Nagel International.

The world’s largest air and sea freight business, Kuehne + Nagel last week announced a planned payout of $14.90 a share, a 40 per cent increase from the previous year. This will result in Kuehne receiving nearly $1 billion from his 53 per cent stake if shareholders approve the proposal.

That dividend is in addition to the $3.5 billion Kuehne stands to gain from his 30 per cent holding in container shipping company Hapag-Lloyd and the sale of his stake in German airline Lufthansa.

The child-free Kuehne, 85, who has an estimated net worth of $41.4 billion and is the 29th-richest person in the world (according to the Bloomberg Billionaires Index), has named his closest adviser and vice president of his non-profit Swiss foundation, Thomas Staehelin, as successor.

#francoise
#bettencourt
#meyers
#francoisebettencourt
#meyers
#francoisebettencourtmeyers
#francoisebettencourtmeyersfamily
#viral
#foundation
#donation
#donate
#france
#brazil
#spain
#usa
#america
#india
#support
#help
#newzealand
#retire