An Austrian Millennial heiress is giving away her fortune. Since Austria doesn’t have inheritance taxes, Marlene Engelhorn, a 31-year-old Austrian female, took the matter into her own hands and decided to redistribute the €25M she’d inherited. To do that, she created a charity and brought 50 people on board to decide democratically where to allocate the money. Englehorn’s social experiment is a great example of how the next gen is tackling social injustice. (Fortune)
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