Europe@feddit.orgEnglish · 8 days ago

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

www.euronews.com

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

www.euronews.com

bill38@feddit.fr to

Europe@feddit.orgEnglish · 8 days ago

Death of Germany's richest man creates a giant charitable foundation

www.euronews.com

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.

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8 days ago
*Into a decades-old charity this guy started with his parents.

Abolish foundations. Tax the rich.

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