karl-rabeder

47 year old Austrian millionaire Karl Rebeder is giving away his 4.2 million dollar fortune and all his personal belongings to South American charity.

“They never made me happy.” Karl Rebeder

“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.

Since the sale of my company in 2004 I have been supporting several orphanage projects in central and South America.

From this developed, less than a year ago, a greenhouse project which gives orphans the possibility to have agricultural training, to take up a small loan in order to make themselves independent vegetable growers.

I set up a new non-profit micro-credit organisation to distribute these small loans to help these poor but industrious people.” - Karl Rebeder

But giving away everything?
Karl is even auctioning off the crib…a luxury Tyrol Villa

karl-rabeder-luxury-villa-in-tyrol

Rabeder says he is happy living in a small apartment and surviving on around $1250 a month.

” It has taken me until now to realise that I don’t need money and possessions.” - Karl Rebeder

We can dig it Karl.

For some people, perhaps the whole luxury thing gets old after awhile, especially when you have the luxury to step outside the rat race and see how millions of people around the world are laboring hard for a daily wage you might spend on an afternoon pick-me-up latte.

At what point would YOU get sick of luxury and realize your money could be better spent elsewhere?

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