Austria: Citizens' group decides fate of heiress' fortune

4 months ago 68

A radical of Austrian citizens connected Tuesday presented a acceptable of proposals for redistributing the millions inherited by Marlene Engelhorn, a scion of the laminitis of the chemic elephantine BASF, Friedrich Engelhorn.   

Marlene Engelhorn, 32, who besides advocates for higher taxes for the rich, paid the radical to devise the ideas for giving away the bulk of her €25 cardinal ($27.4 million) fortune.

What did the radical decide?

According to Austrian media, the group, called "Good Advice for Redistribution," called for the wealth to beryllium fixed to altogether 77 initiatives progressive successful clime and biology projects, the improvement of affordable housing, wellness attraction and societal projects.

Beneficiaries volition see the Catholic foundation enactment Caritas and Reporters Without Borders, with biology group Naturschutzbund Österreich receiving the largest one-off sum of €1.6 Millionen.

The wealth volition often beryllium paid retired implicit years to alteration organizations to plan, the radical said.

The caput of the group, Alexandra Wang, said its main purpose had been to trim inequalities successful nine and springiness its disadvantaged members much chances.

The radical was composed of radical aged from 16 to 85 coming from each walks of beingness truthful arsenic to springiness a typical cross-section of Austrian society.

They came up with their proposals aft six weekends of discussions.

The affluent indispensable lend overmuch more: Engelhorn

Engelhorn has been advocating the reintroduction of taxes connected the precise affluent and ample inheritances successful Austria for years.

Her motto is that the affluent should lend overmuch much to guarantee a much conscionable society.

Engelhorn herself retained a portion of her luck to facilitate her introduction into paid enactment and said she was not disquieted astir her future.

"My privileges volition support maine afloat adjacent aft the redistribution," she said earlier the task began.

Engelhorn has been advocating the reintroduction of taxes connected the precise affluent and ample inheritances successful Austria for years.

Her motto is that the affluent should lend overmuch much to guarantee a much conscionable society.

tj/rc (APF, dpa)

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