Thursday, November 17, 2011

The millionaire who decided to give away his entire fortune because he was unhappy


Karl Rabeder grew up poor and thought that life would be wonderful if he had money. But when he got rich, Karl discovered that he was unhappy, so he decided to give away every penny of his £3 million fortune: "My idea is to have nothing left. Absolutely nothing," he said. "Money is counterproductive – it prevents happiness to come."

On the block, or already sold, is his luxury villa with a lake in the Alps, his 42-acre estate in France, his six gliders, and the interior furnishings and accessories business that got him rich in the first place. Instead, he will move out of his luxury Alpine retreat into a small wooden hut in the mountains or a simple bedsit in Innsbruck. His entire proceeds are going to charities he set up in Central and Latin America, but he will not even take a salary from these.

* My God! I can't believe in this ....