Millionaire Gives Away Money
A MILLIONAIRE is giving away all his money and possessions to help orphaned children.
Businessman Karl Rabeder, 47, said the reason for his surprising act of generosity was his fortune never made him happy.
“My idea is to have nothing left. Absolutely nothing,” he told London’s Daily Telegraph.
“Money is counterproductive – it prevents happiness to come.”
The Austrian businessman is selling his $2.5 million villa, which has a lake, sauna and spectacular views of the Alps, and his stone farmhouse in Provence.
Already gone are his collection of six gliders and his luxury car, as well as the interior furnishings and accessories business that made his $4.8 million fortune.
Tags: 5 Million, Alps, Businessman, Daily Telegraph, Fortune, Generosity, Gliders, Happiness, Interior Furnishings, london, Luxury Car, Millionaire, Possessions, Provence, Sauna, Spectacular Views, Stone Farmhouse, Telegraph Money
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