The heiress of the BASF chemical group presents her plan to distribute 25 million euros that she received as an inheritance.
Marlène Engelhorn is the heiress of the chemical and pharmaceutical giant BASF.
In his country, Austria, inheritances are not subject to tax.
Marlène Engelhorn is against it, she campaigns for a policy of redistribution.
The 31-year-old presented her plan to fairly manage the fortune she wants to donate.
Marlene Engelhorn, Austrian heiress: “25 million euros can be redistributed because the state does not do it. I have this money because it is not taxed. I have this money because the government does not has failed to fulfill its mandate to ensure that wealth is distributed in society in such a way that it does not end up unequally in my hands simply because I am in this world, in this particular family, with this surname.”
A citizens’ council will be responsible for redistributing the 25 million euros that the young woman wishes to donate.
To form the assembly, 50 people will be chosen from volunteers with the help of a polling institute.
