Heiress Contributes 90% of Wealth and Urges Others to Do the Same
Marlene Engelhorn, an heiress of Austrian-German descent, received a multimillion-euro inheritance from her grandmother in 2022. This fortune traces back to Friedrich Engelhorn, the founder of BASF, a prominent chemical manufacturer. Engelhorn, who champions wealth redistribution, suggested that the Austrian government impose a 90% tax on inheritances. However, given that Austria eliminated inheritance tax in 2008, she chose to contribute […]