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Austrian Heiress Redistributes €25 Million to Social and Environmental Causes

Marlene Engelhorn entrusts citizen panel to allocate her inheritance to 77 organizations advocating for justice and sustainability.

  • Engelhorn criticizes Austria's lack of wealth and inheritance taxes, advocating for systemic change.
  • The 50-member citizen panel included Austrians from diverse backgrounds, aged 16 to 85.
  • Funds support projects in affordable housing, climate action, health care, and social equality.
  • Major beneficiaries include Momentum Institute, Attac Austria, and Naturschutzbund Österreich.
  • Engelhorn retains a portion of her wealth but emphasizes the need for political action to address inequality.
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