Basf Erbin

Marlene Engelhorn: Heiress Donates 25 Million Euros

Background

Marlene Engelhorn, a 29-year-old heiress to the fortune of BASF founder Friedrich Engelhorn, has announced her intention to donate 90% of her inheritance, approximately 25 million euros, to charitable causes.

Inheritance

Engelhorn's inheritance stems from her great-great-grandfather, Friedrich Engelhorn, who co-founded the chemical giant BASF in 1865. The company has since grown to become one of the largest chemical producers in the world.

Motivation

Engelhorn, who describes herself as a "political activist," feels a responsibility to use her wealth for the betterment of society. She believes that the current distribution of wealth is unjust and that more should be done to address social inequality.

Goals

With her donation, Engelhorn aims to support organizations working in the areas of climate change, social justice, and the arts. She has specifically mentioned groups focused on renewable energy, refugee assistance, and artistic education.

Inspiration

Engelhorn's decision to donate her inheritance was inspired by other philanthropists, such as Bill Gates and Warren Buffett, who have pledged to give away the majority of their wealth. She hopes that her actions will encourage others to consider making similar commitments.

Impact

Engelhorn's donation is expected to have a significant impact on the organizations she supports. The funds will allow these groups to expand their programs, hire more staff, and reach more people in need.

Conclusion

Marlene Engelhorn's decision to donate her inheritance is a powerful statement about the role of wealth in society. She is setting an example that others can follow and inspiring a new generation of philanthropists to use their resources for the good of all.