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Austrian heiress giving away $36.6M because the government won't tax her inheritance (www.cbc.ca)

submitted 10 months ago by [email protected] to c/[email protected]

33 comments fedilink hide all child comments

Marlene Engelhorn says that when she inherited her grandmother's multimillion-dollar fortune in 2022, she "wanted to be happy about it."

"And I couldn't be," the Austrian heiress told As It Happens host Nil Köksal. "I was angry instead … because I knew it was really unfair, and there was no reason for me to get this that I could really justify."

Engelhorn has long campaigned for greater taxes on the wealthy in Austria, including an inheritance tax. But since the government won't redistribute her wealth for her, she says she's asking the people do it.

Engelhorn is giving €25 million ($36.5 million Cdn) — which she says is the vast majority of her inheritance — to a committee of Austrian residents tasked with using it to fight wealth inequality.

"I am only wealthy because I was born in a rich family. And I think in a democratic society of the 21st century, birth should not be the one thing that determines whether or not you're gonna get to lead a very good life," Engelhorn said.

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[–] [email protected] -4 points 10 months ago* (last edited 10 months ago) (1 children)

Sorry, i didnt realize you came from the third world my apologies.

And here is a link with internet access around the world https://en.m.wikipedia.org/wiki/List_of_countries_by_number_of_Internet_users

[–] [email protected] 4 points 10 months ago

Your link says that around 66% of the world population and around 60% of people in developing countries have internet access. That sounds like a majority to me? Maybe I'm misreading your tone but it sounds like you're disagreeing.