Source of Wealth, Shipping tycoon,,,
Germany-born Klaus-Michael Küehne is the grandson of August Küehne, who founded Küehne + Nagel. The company works on transport and logistics around the world. Klaus-Michael Küehne has been the chairman and majority shareholder of Küehne + Nagel for over 40 years. His position at the organization allowed him to become the majority shareholder of the publically traded Küehne und Nagel International AG. While he no longer runs that second company, he is still an Honorary Chairman. His estimated net worth is $9 billion.