32 years old Marlene Engelhorn from Austria, who inherited a multi-million dollar fortune, decided to give away most of the money to charity, Mail.ru writes with reference to The Washington Post.
The only heiress of the Engelhorn family, founders of the chemical concern BASF, Marlene inherited 25 million euros from her grandmother.
The woman, known for her stance on tax fairness, doesn't want that money to just sit in the estate.
Instead, she created a citizens' council in Austria that would decide how to distribute the funds. The council will consist of 50 people randomly selected from among Austrian citizens over 16 years of age.
Council members will be compensated for their participation in the discussion, which will be held from March to June 2024 in Salzburg.
90% of the inheritance will be distributed according to proposals developed by council members. Marlene Engelhorn will not participate in the discussion and will not influence the council's decision.
It is worth noting that Marlene is a co-founder of the international organization Millionaires for Humanity, which advocates the introduction of a wealth tax.
By the way, Forbes estimates the total wealth of the Engelhorn family at 4,2 billion USD.
