When the head of a family-owned firm dies, leaving $20bn, which heir gets what?
Heinz Hermann Thiele built an empire worth billions; his death this week brings succession planning and German inheritance taxes into focus
28 February 2021 - 08:28
London — Heinz Hermann Thiele built an empire spanning real estate, industrials and agriculture after starting his career in 1969 at Knorr-Bremse, the brake-system maker he turned into a global leader.
The billionaire’s sudden death at 79 is now putting the focus on who’ll inherit his wealth...
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