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Young heiress distributes millions to organizations that help improve Austrian society

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Austria News

Gender,General News,Europe

A young German-Austrian heiress has realized her plan to redistribute almost all of her assets to organizations that are devoted to protecting the climate, improving education and health care, or supporting gender equality among other issues.

BERLIN —

“A large part of my inherited wealth, which through my birth has elevated me to a position of power that contradicts every democratic principle, has now been redistributed in accordance with democratic values,” she said in a written statement Tuesday, Austria Press Agency reported. The millions will not be distributed in one go, but over several years, the Guter Rat group said, during a press conference announcing their choices.

 

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