Millionaire Gives Away Fortune Because It Made Him Miserable

Further proof that money can’t buy happiness. Reblogged from Holy Kawl

Austrian millionaire Karl Rabeder is giving away every penny of his £3 million fortune after realizing his riches were making him unhappy. Rabeder has already sold his interior furnishings, his six gliders (worth £350,000), and is in the process of getting rid of it all—including his homes.

“My idea is to have nothing left. Absolutely nothing. Money is counterproductive – it prevents happiness to come.”

Instead, Rabeder plans to 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—and he will not be taking a salary from these.

Full story at Telegraph

Posted via web from Modern Mosley