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Austrian Heiress Marlene Engelhorn Is Giving Away Her $27 Million Fortune
Yahoo ^ | 1/11/24 | Emily Burack

Posted on 01/11/2024 12:13:49 PM PST by DallasBiff

If you inherited $27 million dollars, what would you do? For Austrian heiress Marlene Engelhorn, 31, she's determined to give it all away.

"I have inherited a fortune, and therefore power, without having done anything for it," she said in a statement, per BBC. "And the state doesn't even want taxes on it." (In 2008, Austria got rid of its inheritance tax.)

Engelhorn is descended from Friedrich Engelhorn, a German industrialist who, in 1865, founded BASF, a chemical and pharmaceutical company. Engelhorn's grandmother, Traudl Engelhorn-Vechiatto, was estimated to have a net worth of around $4.2 billion.

This week, Engelhorn began inviting people to take part in her initiative for the public to decide what to do with her fortune. Called the Good Council for Redistribution, Austrians can register online or by phone, with 50 people being chosen

(Excerpt) Read more at ca.style.yahoo.com ...


TOPICS: Business/Economy; Chit/Chat
KEYWORDS: austria
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To: PGR88

It will be wasted on evil once her (he/she/them/they) advisors get their checks cleared from whale savers or no fossil fuels or save muvver erf..........


21 posted on 01/11/2024 12:44:49 PM PST by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this💩? 🚫💉! 🇮🇱👍!)
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To: DallasBiff

Since she and her kook fellow traveler millionaires and billionaires believe absolutely that government knows best, why don’t they ever voluntarily give away their money to the government?


22 posted on 01/11/2024 12:53:16 PM PST by jjotto ( Blessed are You LORD, who crushes enemies and subdues the wicked.)
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To: DallasBiff

I don’t think that dude will ever have any direct heirs


23 posted on 01/11/2024 12:53:52 PM PST by dhouston
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To: DallasBiff

And she still can’t get laid.


24 posted on 01/11/2024 12:57:32 PM PST by DaxtonBrown (away.)
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To: DallasBiff

Invest the money and allow the interest to do a million in goodness every year.

Thats what I would do.


25 posted on 01/11/2024 1:00:14 PM PST by Jonty30 (In a nuclear holocaust, there is always a point in time where the meat is cooked to perfection. )
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To: DallasBiff

The wealthy already pay far more than their “fair share” in taxes. This misguided notion of “inequality” and “social justice” will only lead to economic ruin. Mr. Engelhorn should keep more of his own hard-earned money, instead of donating it to wasteful government programs and handouts. Charity begins at home. If he really wants to help people, he should invest in job-creating businesses. The free market, not government redistribution, is the solution to poverty.


26 posted on 01/11/2024 1:01:06 PM PST by mjp (pro-freedom & pro-wealth $)
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To: DallasBiff

Would it be too much to ask for just a very, very small portion of that $27M, just enough to get me out of debt?


27 posted on 01/11/2024 1:15:47 PM PST by ducttape45 (Proverbs 14:34, "Righteousness exalteth a nation: but sin is a reproach to any people.")
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To: DallasBiff

Wonderful, but not a wise way to handle it.


28 posted on 01/11/2024 1:17:13 PM PST by pops88 ( Helping usher the glory of God into Las Vegas)
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To: DallasBiff

Wake me when the Rothschilds are giving away their $500 Trillion fortune.

https://en.wikipedia.org/wiki/Rothschild_family


29 posted on 01/11/2024 1:18:14 PM PST by PIF (They came for me and mine ... now its your turn)
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To: rktman

Will do🤑🤑


30 posted on 01/11/2024 1:20:36 PM PST by leaning conservative (snow coming, school cancelled, yayyyyyyyyy!!!!!!)
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To: DallasBiff

It sure looks like she clawed back some of that inheritance for the her/it/he “transition”


31 posted on 01/11/2024 1:35:14 PM PST by DAC21
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To: maro

Assuming the billionaire grandmother likes the kid, she has an expectation to get a tidy inheritance. She won’t starve.

Grandma is dead. Grandma probably had lots of grand children (she had four daughters) and this is her share of the $4.2 billion.

Traudl Engelhorn-Vechiatto
Gertraud “Traudl” Engelhorn-Vechiatto (born January 19, 1927 in Vienna; died September 22 , 2022 in Switzerland) was an Austrian billionaire heiress, patron and philanthropist.

Her husband Friedrich Wilhelm Euler was instrumental in developing the resources to identify Jewish people in pre war Germany.

He began his career as an archivist in the Reich Ministry of the Interior in 1933 . Under Achim Gercke , he was busy collecting genealogical and statistical data on mixed marriages and Jewish mixed races . His “Mongrel Numbers” were also the database for the Nuremberg Laws passed in 1935 . He estimated the number of Jews and “Jewish mixed races” in Germany at 1.5 million. His research into Jewish ancestors went back to the 17th century . His focus was on detecting “racial mixing” between “Aryans” and Jews. After Gercke was relieved of all his positions in January 1935 and Kurt Mayer , the later head of the Reich Office for Kinship Research , became his successor, Euler initially moved to the Reich Ministry for Public Enlightenment and Propaganda , where he worked with Wilhelm Ziegler at the Institute for the Study of the Jewish Question . For the publication The Jews in Germany, Euler provided data about Jewish supervisory boards and bankers who allegedly ruled the Weimar Republic.

Dismissed from ministerial service in 1935, Euler soon became a research officer and archivist in Munich at the Reich Institute for the History of the New Germany under Walter Frank. There he became an employee of Wilhelm Grau . In 1936 he compiled statistics on Jewish baptisms and mixed marriages in Germany. This work was of direct identification importance. Since 1944, he was a Reich archivist and was assigned to the cultural department of the Foreign Office . He was indispensable in the Second World War , but was called up to the army (Wehrmacht) several times (Upper Silesia). Towards the end of the war he was taken prisoner by the Americans.

Euler dedicated further work, among other things, to the “backcrossing of mixed-race Jews”. With backcrossing, Euler wanted to “prove that the blood was stronger than the will to racial assimilation, no matter how serious”. He discussed the descendants of the Mendelssohn family in detail. To work on this work, Euler published a call for members of historical societies to help record conversions of Jews to a Christian denomination via the General Search Sheet for Kinship Researchers . Marriages and descendants of these people, as well as all mixed marriages of baptized Jews, should also be recorded. In 1939 this call was reprinted. With his research, Euler wanted to prove the “infiltration of Jewish blood” into the upper class. In his backcrossing publications, he put forward the thesis that the “racial characteristics of Jewish ancestors rarely disappeared from their offspring because the blood was stronger than the will to racial assimilation, no matter how serious.”

After 1940, Euler expanded his research to Italy, France and England. In 1941 he published a paper about the “Judaization of the English upper class”. A series appeared in the Illustrated Observer from January to April 1942 with the headline “Who Rules England? A look into the upper class of the Empire”. He later worked on the Diplomatic Yearbook on Jewish World Politics, which was published in 1944 without naming the authors.


32 posted on 01/11/2024 2:16:41 PM PST by Steven Scharf
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To: Falconspeed

The phone company said keep it🤣🤣🤣


33 posted on 01/11/2024 2:38:03 PM PST by leaning conservative (snow coming, school cancelled, yayyyyyyyyy!!!!!!)
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To: Falconspeed

Jenny’s number.

A Panama City, FL business has that number ...........


34 posted on 01/11/2024 4:30:52 PM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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