24.8 C
New York
July 1, 2025
Austria europe news Tax and spending The super-rich World news

Green and social groups to benefit from €25m fortune of Austrian heiress

Green and social groups to benefit from €25m fortune of Austrian heiress

Council of 50 random citizens decide how to use money given up by wealth-tax campaigner Marlene Engelhorn

An inherited fortune given away by an Austrian heiress who shunned her millions will go to dozens of non-profit organisations that work on issues including the environment, health and homelessness, a citizen group tasked to manage the fund has announced.

Marlene Engelhorn, a 32-year-old activist who has campaigned for a tax on extreme wealth, announced in January that she would give away the vast bulk – €25m(£21.1m) – of the money she inherited from her grandmother.

Continue reading…

Related posts

Portugal’s far-right Chega party eyes kingmaker role as country goes to polls

TheWorldsNews

State of emergency declared in parts of France after record rainfall

TheWorldsNews

Zelenskyy reiterates call for air truce after huge Russian attack on Ukraine infrastructure – Europe live

TheWorldsNews

Pin It on Pinterest

Share This