Regulation of Extreme Wealth as a Source of Power: 31-Year-Old Heiress Allows 50 Strangers to Dispose of $27 Million Fortune

Quick Summary:

Marlene Engelhorn, of the BASF chemicals family, is disgusted and appalled that Austria eliminated its inheritance tax.So she's taking action.

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Article Details

Author / Journalist: Sophie Alexander, Bloomberg

Category: EconomyBusiness

Markets: United StatesAustria

Topics: BASF Taxes Billionaires Austria Wealth inequality Philanthropy Millionaires

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-03-15 @ 14:16:24 (1 months ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 22 words

Reading Time: 1 minutes read

Sentences: 36 lines

Sentence Length: 1 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 20441613

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 11 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #95

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