Marlene Engelhorn, an Austrian pro-tax heiress, has decided to give away the bulk of her inherited fortune, amounting to 25 million euros ($27 million), to 77 organizations. Engelhorn, who has been vocal about the lack of wealth and inheritance taxes in Austria, asked a group of Austrian citizens to propose ideas on how to spend the money. The chosen organizations include social, climate, and prominent left-wing groups. Engelhorn's decision reflects her belief that politicians are not adequately addressing wealth redistribution. She stated, “If politicians don’t do their job... then I have to redistribute my wealth myself.”
Austrian pro-tax heiress gives wealth to social, climate, left-wing groups https://t.co/4OK9l3ErNN https://t.co/soAjX2XkQA
“If politicians don’t do their job... then I have to redistribute my wealth myself.” Austrian group finalises 25-million-euro giveaway of heiress Marlene Engelhorn’s inheritence to 77 organisations https://t.co/X1z4CDwAK8 https://t.co/34xUc1bt77
Citizens group decides fate of heiress' fortune https://t.co/vgZgxp5d6R
An heiress who has denounced the absence of taxes on wealth and inheritance in #Austria has given the bulk of her money, 25 million euros ($27 million), to 77 organizations, including social and climate groups, as well as prominent left-wing ones. https://t.co/TuL0Rp5EwF
Marlene Engelhorn inherited millions from her family. But she feels it was undeserved, and asked a group of Austrian citizens to come up with ideas on how to spend it. They have now done so. https://t.co/979xRGkV8t
Younger lover of Herbalife tycoon wins legal battle over his £6.4m fortune: Glamorous partner, 58, defeats the multi-millionaire's three siblings in High Court as judge rules she can keep every penny after 78-year-old's death https://t.co/kQWKzTOHZS https://t.co/PeweiS3eVU