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ooli3@sopuli.xyzM to Tales From Our Billionaire Overlords@sopuli.xyz · 5 days ago

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

www.euronews.com

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

www.euronews.com

ooli3@sopuli.xyzM to Tales From Our Billionaire Overlords@sopuli.xyz · 5 days ago
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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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  • EnsignWashout@startrek.website
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    3 days ago

    The story is funny because the squirrell is dead.

  • reksas@sopuli.xyz
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    5 days ago

    i wonder how much of that will actually end up with charity and how much into “administrative costs”

    • ooli3@sopuli.xyzOPM
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      5 days ago

      since the wife is on board of direction of the charity, it seems it is just another trick to avoid tax

      • jmill@lemmy.zip
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        4 days ago

        Makes sense. Otherwise, if you want to donate a ton of money to charity, why wait until you are dead?

    • Maeve@kbin.earth
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      4 days ago

      https://feddit.org/comment/14749322

      https://feddit.org/comment/14752794

      • reksas@sopuli.xyz
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        3 days ago

        may he rot in hell

  • ruuster13@lemmy.zip
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    5 days ago

    What a metaphor!

Tales From Our Billionaire Overlords@sopuli.xyz

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The predators!

What are they doing, How do they dodge taxation and live as parasite of the society? Where are they, When can we eat them?

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