BASF heiress lets a gaggle of random residents determine what ought to occur to her fortune: now her hundreds of thousands are divided

When Marlene Engelhorn, the Viennese heiress of the BASF household, introduced in January of this 12 months that she would move on her grandmother’s multi-million greenback inheritance, he was disturbed. Six months and a inventive plan later, her cash was put to good use. Engelhorn pulled fifty Austrians over the age of sixteen to search out out what to do along with her 25 million euros. The ‘Good Council for Redistribution’ was hereby hosted for at least six weeks.

Nature is the large winner

Nature is the largest winner of the cash pot. A minimum of 1.6 million euros will go to numerous subsidies for nature conservation. “The cash is not going to are available in one go, however shall be unfold over a number of years,” mentioned the presentation of the residents’ council.

In addition to the setting, cash additionally flows into inexpensive housing, well being care, integration and schooling. “The choice meant not solely the distribution of cash, but additionally appreciation, respect and plenty of alternatives sooner or later,” mentioned Angelika Taferner from the residents’ council. As a result of, based on Engelhorn, cash is far more than a software to purchase issues. “It means freedom of motion: when you have a buffer, you usually tend to begin a enterprise or begin making artwork.” “

The heiress herself doesn’t need to eat one much less oyster. At the beginning of the residents’ council, Engelhorn burdened that she had “greater than sufficient” to make ends meet. “I’ve a superb community round me, and I’m conscious of my privileges, even after the redistribution,” mentioned the activist.