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Kughn was Taubman's president and chief operating officer from 1969 to 1979. He then served as vice chairman of the board until 1983. In 1979, Kughn established a company...
Jun 19, 2019 · West Bloomfield - Richard P. Kughn passed on Saturday, June 8, 2019 in West Bloomfield, Michigan. He was 89 years old. Richard was a husband to Linda who pre-deceased him in 2015.
- Early Life
- Lionel Trains
- Other Interests
- Legacy
After being born in Detroit, he moved to Bay Village, Ohio. By the time he was 18, he returned to Detroit, a city and state he loved. He started out working in construction. By 1955, he was working at Taubman Co., where he would start to build his legacy. While working with A. Alfred Taubman, Kughn helped launch the company that would go on to buil...
It was through the prosperity of his company and business investments that he was able to work out a deal to buy the train company, something he always loved. He’d found a Lionel train in the trash as a young boy and managed to repair it with his father’s help. From then on, he always had an appreciation for the company and its products. The compan...
Kughn also was big on classic cars, having once built a Model T out of spare parts he mostly found. At the height of his collection, he had nearly 300 classic automobiles. He had so many cars that he opened the Carail Museum in Detroit, which operated from 1992-2003. In addition to his love of automobiles, he had a love for sports. In 1988, he was ...
Kughn kept supporting Detroit and the surrounding area for most of his life, continuing to open businesses in the city when others were fleeing. He and his wife, Linda Kughn, who died in 2015, lived in Dearborn for more than 30 years. He is survived by his children, Suzanne Kloster, Gary Kughn and Jennifer Munter; stepchildren Cindy Monroe and Kimb...
- Dave Herndon
In 1986, Detroit-based real estate developer (and railroad enthusiast) Richard Kughn bought the brand and established Lionel Trains, Inc. In 1989, Lionel, LLC made the switch from the MPC Sound of Steam to the new and improved Railsounds 1.0, heralding a new era of high-tech audio realism.
Jun 17, 2019 · Kughn, a Detroit area real estate developer who also rescued the beloved but off-the-rails model train and railroad making company in the 1980s and 1990s, died at a nursing facility in West...
Oct 10, 2017 · Go inside the personal collection of Richard P. Kughn, former CEO of Lionel Trains, to explore thousands of rare trains, toys and Lionel memorabilia.
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The Team at Lionel was saddened to learn of the passing of Richard Kughn. As the former owner and CEO of Lionel from 1986 – 1995, Mr. Kughn is credited with shepherding in some of the biggest advancements in technology that Lionel and the model train industry had ever seen.
