Millionaire gives away fortune

Formatted Soul
By Formatted Soul

Austrian millionaire Karl Rabeder is giving away every penny of his £3 million fortune after realising his riches were making him unhappy.

Mr Rabeder, 47, a businessman from Telfs is in the process of selling his luxury 3,455 sq ft villa with lake, sauna and spectacular mountain views over the Alps, valued at £1.4 million.
Also for sale is his beautiful old stone farmhouse in Provence with its 17 hectares overlooking the arrière-pays, on the market for £613,000. Already gone is his collection of six gliders valued at £350,000, and a luxury Audi A8, worth around £44,000.
Mr Rabeder has also sold the interior furnishings and accessories business – from vases to artificial flowers – that made his fortune.
"My idea is to have nothing left. Absolutely nothing," he told The Daily Telegraph. "Money is counterproductive – it prevents happiness to come."
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.
"For a long time I believed that more wealth and luxury automatically meant more happiness," he said. "I come from a very poor family where the rules were to work more to achieve more material things, and I applied this for many years," said Mr Rabeder.
http://www.telegraph.co.uk/news/worldnews/europe/austria/7190750/Million...

By anonymous• 10 Mar 2010 18:32
anonymous

I can live without this warmth.

"Live with passion, Die with style"

By anonymous• 10 Mar 2010 18:29
anonymous

money can buy the word "happiness" but not the "warmth" of happiness.

By anonymous• 10 Mar 2010 17:58
anonymous

Source:

- A study Conducted by FriedUnicorn - Vol I (September,1999)

"Resident Attention Seeker"

By Stone Cold• 10 Mar 2010 17:58
Stone Cold

Ok, hope he is not giving out his wife as well

By anonymous• 10 Mar 2010 17:37
anonymous

sorry whyteknight, i forgot that you don't have idea.

By anonymous• 10 Mar 2010 17:33
anonymous

I am advertising a Japanese car company????

I had no idea ;-)

"Live with passion, Die with style"

By anonymous• 10 Mar 2010 17:29
anonymous

whyteknight, how much that japanese car company is paying u to advertise its vehicle?

By pranzer• 10 Mar 2010 17:28
pranzer

Bye Millions!

By anonymous• 10 Mar 2010 17:26
anonymous

I hate the fortune I have got :)

"Live with passion, Die with style"

By anonymous• 10 Mar 2010 17:21
anonymous

you need your wealth more than I do, whyteknight.

By anonymous• 10 Mar 2010 17:17
anonymous

I am giving you all my wealth Matet, you are a lucky girl :P

"Live with passion, Die with style"

By anonymous• 10 Mar 2010 17:15
anonymous

ha ha ha, after u whyteknight.

By anonymous• 10 Mar 2010 17:13
anonymous

Matet are you volunteering :P

"Live with passion, Die with style"

By snessy• 10 Mar 2010 17:12
snessy

Gotta agree with nomerci here.

Rich & p*ssed off or Poor & p*ssed off, which would you rather be???

*****If you haven't got anything nice to say, don't say anything at all*****

By anonymous• 10 Mar 2010 17:12
anonymous

whyte, that's not called giving, its called burying.

By nomerci• 10 Mar 2010 17:06
nomerci

ok, and why would anybody even consider "money can't buy love or friends". Of course it can't. Neither can poverty.

But money buys security and comfort. and you can have or not have friends in wealth as well as in poverty.

All this BS about money being bad is said by those who do not have it, or if they do, they have some problems not even connected to money. But it is always nice to blame something or somebody other than oneself. lol

What comes around, goes around....

By snessy• 10 Mar 2010 17:05
snessy

FS, I thought you were 66+ already ;-)

*****If you haven't got anything nice to say, don't say anything at all*****

By anonymous• 10 Mar 2010 17:02
anonymous

I want to give away everything I have too but nobody wants to take this debt of 10 million :(

"Live with passion, Die with style"

By anonymous• 10 Mar 2010 17:00
anonymous

...do good for others and ALSO be happy ;)

Source:

- A study Conducted by FriedUnicorn - Vol I (September,1999)

"Resident Attention Seeker"

By SPEED• 10 Mar 2010 16:58
SPEED

rest God knows where is our destination :-)

By Formatted Soul• 10 Mar 2010 11:45
Formatted Soul

No guarantee speed...:) wishful thinking.. as I cannot leave my current responsibilities and work towards fulfilling my dreams of serving people..

By SPEED• 10 Mar 2010 11:41
SPEED

:-)

By Formatted Soul• 10 Mar 2010 11:38
Formatted Soul

I am waiting to be 50..so that I leave all these and start doing something to attain the real happiness….but when do we get free ..from our responsibilities..*sigh*

FU...all cool..no issues..:)

By anonymous• 10 Mar 2010 11:20
anonymous

above.

Source:

- A study Conducted by FriedUnicorn - Vol I (September,1999)

"Resident Attention Seeker"

By SPEED• 10 Mar 2010 11:19
SPEED

blessings of God. Infact he could have build school, hospital, housing for poor and needy people in poor Countires. Although he has donated to some charity but it's one time only.

By anonymous• 10 Mar 2010 11:16
anonymous

...little over protective.:)

Source:

- A study Conducted by FriedUnicorn - Vol I (September,1999)

"Resident Attention Seeker"

By Formatted Soul• 10 Mar 2010 11:14
Formatted Soul

Fu...I am always good with good people..and you know very well since when I started becoming cleopatra with you..lol

By anonymous• 10 Mar 2010 11:13
anonymous

Source:

- A study Conducted by FriedUnicorn - Vol I (September,1999)

"Resident Attention Seeker"

By Rev.s• 10 Mar 2010 11:12
Rev.s

Money can Buy Parties to enjoy with friends, But money can't buy one good friend who can help you when u r sick

Money can buy valentine Gifts but Money can't buy one lover who can love you for what you are

Money can buy you Medical doctors, Medicines but money can't promise you health

there is many benefits too with Money but Logically all you need is some money to buy few clothes, food and enough for shelter and enough to help people in need.

-: Perfectly ImPerfect :-

By GodFather.• 10 Mar 2010 11:12
GodFather.

O well good on him. Who is he giving all his money too? Can we ask him to contribute some of his wealth to cause of QLVG?..:)

-----------------

Can We Fix It?

Yes We Can!

By SPEED• 10 Mar 2010 11:12
SPEED

By anonymous• 10 Mar 2010 11:10
anonymous

Source:

- A study Conducted by FriedUnicorn - Vol I (September,1999)

"Resident Attention Seeker"

By SPEED• 10 Mar 2010 11:08
SPEED

are temporary and has no effect or meaning to God, after the death man carries his deeds and leaves his fortune behind :-)

By anonymous• 10 Mar 2010 11:03
anonymous

...day to day concerns and one can find more time to devote for realising ones definition of happiness. Thanks for sharing this.:)

You are actually very good. You are bad only when you are Cleopatra. :)

Source:

- A study Conducted by FriedUnicorn - Vol I (September,1999)

"Resident Attention Seeker"

By Formatted Soul• 10 Mar 2010 10:59
Formatted Soul

Initially Money may give you happiness.. but when you are done with all your materialistic desires...money wont do any good..

There are many other simple things which can give you happiness...

It all depends on your definition of happiness!!

By Rev.s• 10 Mar 2010 10:55
Rev.s

I really need to read inspiring story today, each day we learn something new from others, Money doesn't buy Happiness, friends, Love.

-: Perfectly ImPerfect :-

By Formatted Soul• 10 Mar 2010 10:54
Formatted Soul

I think both he and his wife thinks that way..:)

As long as its all self made and not inherited...can anyone question his decision? including wife and kids?

By Victory_278692• 10 Mar 2010 10:54
Victory_278692

Money provides ONLY temporary or momentary pleasure But leaves behind A long lasting unhappiness.

By Victory_278692• 10 Mar 2010 10:53
Victory_278692

I strongly agree with Rabedar.....now waiting to become millionaire first then give everything in Charity!

By amirasha• 10 Mar 2010 10:51
amirasha

wonder how he will be doing after a couple of year..

By anonymous• 10 Mar 2010 10:50
anonymous

He has gone philosophical. I hope he finds HIS happiness. Mine is a bit different ;)

Source:

- A study Conducted by FriedUnicorn - Vol I (September,1999)

"Resident Attention Seeker"

By Formatted Soul• 10 Mar 2010 10:31
Formatted Soul

Where is FU...the wannabe Millionare? :)

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