Klaus-Michael Kuehne is regarded as the majority owner and executive chairman of Kehne Nagel, an international transport and logistics business. Through Kuehne & Nagel Holding AG, he currently possesses53.3 % stake of Kuhne und Nagel International AG which has already went public. After stepping down as Chairman of the Executive Committee, he currently serves as the company’s Honorary Chairman.
Klaus-Michael Kuehne Net Worth $9 Billion
By the end of 2012, Hamburg Sud and Hapag-Lloyd were reported to have a merging. The merging would result to the forming of the fourth biggest Container shipping company on earth. Now, the company has sales amounting to 10 billion euros and currently hires over 11,500 employees. Today, Michael Kuehne possesses 28.2 % of the 77.96 % which is held by Hamburgische See fahrtsbeteiligung “Albert Ballin” GmbH & Co. KG in Hapag-Lloyd Holding AG. Hapag-Lloyd Holding AG is considered among the leading container ship operators on earth now.