Millionaire Gave Away Fortune After Money Didn’t Buy Happiness

Millionaire Gave Away Fortune After Money Didn’t Buy Happiness

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Karl Rabeder self-portraitKarl 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)

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