Heiress Marlene Engelhorn Redistributes $26.8 Million Fortune for Social Good

Marlene Engelhorn, a 31-year-old German-Austrian heiress, has redistributed nearly all of her €25 million ($26.8 million) fortune to various organizations. This move aims to address issues like climate protection, education, healthcare, and gender equality. Engelhorn's funds will support 77 diverse organizations, including aid groups, women's shelters, and pro-democracy groups.


PTI | Beijing | Updated: 20-06-2024 18:43 IST | Created: 20-06-2024 18:43 IST
Heiress Marlene Engelhorn Redistributes $26.8 Million Fortune for Social Good
Marlene Engelhorn
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Marlene Engelhorn, a 31-year-old German-Austrian heiress, has made headlines by redistributing nearly all of her €25 million ($26.8 million) fortune to various organizations.

This move, intended to address issues such as climate protection, education, healthcare, and gender equality, stands as a significant challenge to income inequality in Austria.

Engelhorn's funds will support 77 diverse organizations, ranging from renowned aid groups to women's shelters and pro-democracy initiatives, in an attempt to make a long-lasting social impact.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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