Reuters —An heiress who has denounced the absence of taxes on wealth and inheritance in Austria has given the bulk of her money, 25 million euros ($27 million), to 77 organizations, including social and climate groups, as well as prominent left-wing ones.
A spokesman said the 25 million euros was “the overwhelming bulk” of her wealth, though she retains an undisclosed sum.
Engelhorn is a descendant of Friedrich Engelhorn, who founded German chemicals giant BASF in 1865.
When Engelhorn-Vechiatto died in 2022, Marlene inherited a large sum.
“Now, it is up to the political actors to do justice to what this group representative of the Austrian population has embodied,” Engelhorn said, calling for more debate on these issues.
Persons:
Marlene Engelhorn, ” Engelhorn, ”, Engelhorn, Friedrich Engelhorn, Gertraud Engelhorn, Vechiatto, Marlene, Joe Klamar, Elisabeth Klein
Organizations:
Reuters, BASF, Concordia, Getty, Momentum Institute, Austrian Nature Conservation Federation
Locations:
Austria, Austrian, “, Vienna, AFP