April 27, 2025
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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.

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