Businessman gives away entire fortune

A British millionaire is giving away his money in order to help orphans, he has told the London Daily Telegraph.

Karl Rabeder, originally from Austria, said he will sell his $2.5 million villa and a farmhouse, while he has already sold his gliders and luxury car, making up his $4.8 million fortune.

Rabeder said he will now use his funds to help orphans in South America, a project he has been chasing for some time.

"My idea is to have nothing left. Absolutely nothing," he said. "Money is counterproductive – it prevents happiness to come."

"I had the idea on holiday in Hawaii some years ago... My cars and plane have already gone and the rest follows very soon. I can't wait to be free of them... It has taken me until now to realise that I don't need money and possessions."

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Comments (2)
Evolutionfilm
...
written by Evolutionfilm, May 22, 2011
Amazing story!!! Why does sometimes success not make happy? Very interesting... I made a shortfilm about what people think makes them successful...
http://www.youtube.com/watch?v=BuRMc4PHT8I "50 people 1 question - Erfolg"
Evolutionfilm
...
written by Evolutionfilm, May 22, 2011
Amazing story!!! Why does sometimes success not make happy? Very interesting... I made a shortfilm about what people think makes them successful...

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