All Entries in the "Kuni Foundation" Category

Ensuring a lasting legacy (10/05-Automotive News)

Kuni has given his family a comfortable life. He has groomed talented executives to succeed him and ensure that his business thrives. Now he is planning his legacy. “What do you do with the rest of the money?” he asks. “You’ve got to give it to somebody. You can’t take it with you.”
His response is an unusual succession plan. It will enable him to donate most of his business proceeds to charity while keeping his dealership group intact.
Kuni wants the foundation that he has created and that bears his name to benefit several causes, notably cancer research and care for mentally disabled adults.