Austrian heiress giving away $36.6M because the government won't tax her inheritance

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As It Happens6:37Austrian heiress giving away $36.6M because the government won’t tax her inheritance

Marlene Engelhorn says that when she inherited her grandmother’s multimillion-dollar fortune in 2022, she “wanted to be happy about it.”

“And I couldn’t be,” the Austrian heiress told As It Happens host Nil Köksal. “I was angry instead … because I knew it was really unfair, and there was no reason for me to get this that I could really justify.”

Engelhorn has long campaigned for greater taxes on the wealthy in Austria, including an inheritance tax. But since the government won’t redistribute her wealth for her, she says

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Reading: Austrian heiress giving away $36.6M because the government won't tax her inheritance

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