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‘Money doesn’t make you happy’: She gave up her $4 billion inheritance because she doesn’t want to be that rich

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It’s a matter of luck and fate. Thus, it is said that in life one can win the lottery in many different ways: one of these, as in the case of Marlene EngelhornIt’s by inheritance.

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The young woman, who is 29 years old, is studying German language and literature in Vienna. So far nothing to highlight.

However, what is striking is that he is better known be a descendant of the founders of the BASF company, one of the largest chemical companies in the world which in 2021 had revenues exceeding 78,000 million dollars.

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Who is Marlene Engelhorn?

Marlene is a descendant of Friedrich Engelhornthe man who founded the company Badische Anilin-und Soda-Fabrik, best known for BASF. It is currently the largest chemical company in the world.

Friedrich Engelhorn left the company in 1883 and invested his money in Boehringer Mannheim pharmaceutical. Curt, his nephew, led this company until 1997, before selling the group to the Swiss Hoffmann-La Roche for 11,000 million dollars.

However, Marlene has attracted media attention in 2022 for refuse 90 percent of the portion due to him by inheritance. The reason? She doesn’t want to be “that rich”.

This was stated in several German and Austrian media interviews. The young woman, who stands out for having led movements with a significant class consciousness, supports greater redistribution of wealth and that whoever has the most money, more taxes they have to pay.

The young Austrian, accused by her entourage of a complex of rich girls, founded the initiative taxmenow.

This foundation promotes the idea that the state takes the bulk of the fortunes and is in charge of managing them. “Managing that heritage takes a lot of time. This is not my life plan. It’s not that I don’t want to be rich, it’s that I don’t want to be that rich.”to recognize.

His grandmother holds the position number 687 in the ranking of richest people in the worldaccording to Forbes magazine.

A fortune generated by more than 150 years of business, the benefits of which seem to annoy the protagonist of this story: “It shouldn’t be my decision what to do with my family’s money, for which I haven’t worked”, he explains. one of the interviews

“Social Justice”

Marlene Engelhorn does not shy away from her privileged status of “rich girl” -she said alone- and she is aware that thanks to the fact that she was born where she was born, she had structures that not everyone can access.

However, he believes that everything has a limit and that no one should be hoarding terrible sums of money while there is such latent inequality in society.

She is a strong advocate of this you don’t need a lot of money. Firstly because he wouldn’t know what to do with it, and secondly because he believes that too much money only brings tension, problems and misunderstandings. “I Couldn’t Be Happy” reiterates.

“It is not a question of will, but of equity. I have done nothing to receive this inheritance. This is pure luck in the birth lottery and pure coincidence,” she defends.

This mindset has led her to be a strong advocate for social justice, which is why she created AG Steuersrechtigkeita movement that mutated throughout Europe under the nomenclature of taxmenowand which consists of heirs to large fortunes giving them up in favor of a higher tax rate for the wealthy.

“As someone who has enjoyed the benefits of wealth all my life, I know how distorted our economy is and I can’t keep sitting around and waiting for someone, somewhere to do something,” he explained to the BBC.

Redistribution of wealth, taxes on millionaires and major structural changes in high offices are some of Engelhorn’s demands to achieve greater social equity.

Source: The Vanguard

Source: Clarin

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