Worth Sharing

WS

Stories That Matter

# Inspiring

Millionaire Gave Away Fortune After Money Didn't Buy Happiness

avatar By Jeanne Goddard

27 Nov 2011 41 views
Size Print
Email
Millionaire Gave Away Fortune After Money Didn't Buy Happiness
Austrian millionaire Karl Rabeder is giving away every penny of his $4.6 million fortune after realizing his riches were making him unhappy. His entire proceeds are going to charities he set up for and Latin America.

Karl Rabeder, the Austrian businessman who last year decided to give away his $6.7 million fortune, because he realized money didn't make him happy, now lives on just $1,350 a month.

It was one of the most shocking headlines of 2010. A millionaire from Telfs, Austria, announced he was in the process of selling his luxury properties, sports cars and private plane because he had realized money actually prevented him from being happy. His goal was to "have nothing left, absolutely nothing"

His entire fortune went to a charity he set up called MyMicroCredit, which helps people in third world countries to start businesses.

Where is he now and what's he up to?

(READ the article w/ photos in Oddity Central)

Tags:
avatar

About author

More posts

# Inspiring

6 Rags-to-Riches Millionaires Haven't Forgotten Their Roots

Entrepreneurial success stories are the stuff of which American dreams are made. Much like Oprah Winfrey and Steve Jobs, the six self-made millionaires profiled here have one thing in common: Thanks to hard work, determination and sound advice from mentors, friends and family, they've been able to build thriving businesses from the ground up. All have advice for young entrepreneurs.

# Inspiring

City Rallies Behind Hero Whose Home was Firebombed

The overwhelming support shown to block club leader Cheryl Walker Williams, whose home was firebombed by drug dealers deserves the praise of the entire community. Walker Williams is a true hero in the city for helping to organize an East Side block club and standing up to ongoing drug dealer intimidation.

# Inspiring

Women More Optimistic Than Men, Girlfriends Are Key

Midlife women are flourishing compared with men. Despite the daily gloom of economic predictions, women in midlife are more optimistic about their lives and futures than men are, finds a Gallup-Healthways daily poll of Americans' well-being. It may be key that the most optimistic women spend about six hours a day in social interaction.

# Inspiring

Canadian City Delivers On 1000 Acts of Kindness Challenge

Even the police stepped up to the challenge issued by London, Ontario to perform 1000 acts of kindness as a community this October. With just 2 days left, the third annual kindness challenge, issued by the London Urban Services Organization, has likely broken all city records for good deeds.

You might be interested in

Be the first to comment

Leave a Comment

Recent Stories
  • A Heartfelt Reminder to Appreciate the Ones We Love
    05 Sep 143 Views
  • Cherish the Woman Who Stands by You
    05 Sep 111 Views
  • Breaking Generational Cycles of Pain
    05 Sep 124 Views
  • Living by Your Own Values, Not Others' Approval
    05 Sep 166 Views
  • When Life Brings Rain, It’s Okay to Rest
    05 Sep 610 Views
  • Before You Judge Someone's Life, Take a Moment to Walk in Their Shoes.
    05 Sep 292 Views