Group of Austrians Picks 77 Charities to Receive Heiress's Fortune - The New York Times - 0 views
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Without any laws in place that would tax Ms. Engelhorn’s inherited fortune, she decided to redistribute it herself, and she turned to the public to decide how her money should be spent. She is part of the group Millionaires for Humanity, which advocates wealth taxes, and she co-founded a group called Tax Me Now.
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Before the project was announced in January, Ms. Engelhorn had publicly committed to giving away at least 90 percent of her inheritance. She is part of a small movement of superrich individuals who want to not only redistribute their money, but also to challenge the structures that allowed them to inherit their riches.
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Ms. Engelhorn said she would continue to fight for a more equal and fair distribution of wealth in her country. She said she hoped that she would make other people talk about the issue, too.
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