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A citizens’ group has decided how to distribute the fortune of Marlene Engelhorn, an Austro-German heiress. Earlier this year, Engelhorn established a panel of 50 individuals to determine how to allocate the millions she inherited from her grandmother. The funds will benefit 77 organizations, including social and climate groups, as well as notable left-wing entities.

Marlene Engelhorn, 32, gained attention in January for announcing her intention to donate €25 million (£21 million), the majority of her inheritance. As a descendant of Friedrich Engelhorn, the founder of the German chemical and pharmaceutical giant BASF, Engelhorn is a vocal proponent of wealth redistribution. She selected a panel, chosen by a pollster to reflect Austrian society, to decide the fate of her inheritance.

From March to June, the group convened over six weekends in Salzburg to devise a plan for the money. They decided it should be distributed to 77 various organizations, charities, and think tanks, addressing issues like environmental protection, education, integration, health, social matters, poverty, homelessness, and affordable housing in Austria. Donations range from €40,000 (£33,400) for climate change data-based reporting to €1.6 million for the Austrian Nature Conservation Federation. A million euros were allocated to the left-wing Momentum Institute and Attac Austria, an opponent of neoliberal economic policies and deregulated financial markets. Religious charities, including projects by the Catholic aid organization Caritas, also received funds. In most cases, the donations will be distributed over several years.

The youngest panel member, 17-year-old student Kyrillos Gadalla from Vienna, expressed that he had “learnt a lot” from the experience. In her statement, Engelhorn emphasized that her inherited wealth, which gave her unearned power, contradicts democratic principles and has now been redistributed according to democratic values.

Engelhorn inherited millions following the death of her grandmother, Traudl Engelhorn-Vechiatto, in September 2022. Traudl’s wealth was estimated by Forbes at $4.2 billion (£3.3 billion; €3.8 billion). Even before her grandmother’s passing, Engelhorn declared her intention to donate a substantial portion of her inheritance. While the exact amount she retains is unknown, she previously stated in 2021 that she planned to give away at least 90% of her wealth, as she had not earned it and merely benefited from a “birth lottery.” Engelhorn has also advocated for the reinstatement of inheritance tax in Austria, which was abolished in 2008, making Austria one of the few European countries without such a tax.

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Dire Straits star Mark Knopfler is preparing to auction over 120 of his guitars and amps, with a notable 25% of the proceeds earmarked for charitable causes. Among the instruments up for sale is the iconic 1983 Les Paul that Knopfler used to record hits like “Money For Nothing” and played on stage at Live Aid in 1985. The auction, scheduled for January at Christie’s in London, spans the entirety of Knopfler’s illustrious 50-year career, offering fans a chance to own a piece of music history.

The collection boasts a range of guitars, including the revered 1959 Gibson Les Paul with a sunburst finish, often referred to as the “Holy Grail of electric guitars.” This particular instrument carries an estimated value between £300,000 to £500,000. In keeping with Knopfler’s diverse musical influences, the auction also includes more accessible items, such as a mandolin once owned by blues legend Yank Rachell, with an estimated value of £300 to £500. Knopfler expressed his appreciation for both the expensive and more affordable instruments, stating, “I like the cheap ones as much as the expensive ones.”

Mark Knopfler, considered one of the greatest guitar virtuosos of all time, shared his sentiment about parting with his beloved instruments, citing his age as a primary factor. The 74-year-old musician emphasized his desire for the guitars to find new owners who will play and appreciate them, rather than being confined to cases. Knopfler’s guitars have been companions throughout his career, contributing to the distinctive sound of Dire Straits and his solo work.

Reflecting on his lifelong connection with the guitar, Knopfler reminisced about his childhood fascination with the instrument, inspired by the likes of Elvis Presley and Hank Marvin of The Shadows. His journey began with a Spanish guitar plucked off the wall of a shop in Newcastle, England, where he spent hours dreaming of owning his own instrument. Despite initially yearning for a Fiesta Red Fender Stratocaster, he received a twin-pickup Höfner Super Solid, sparking a lifelong love affair with the instrument.

The decision to part with his cherished guitars, including the first lot—a twin-pickup Höfner Super Solid—is rooted in practicality. Knopfler acknowledged owning around 20 guitars for recording purposes, leaving approximately 100 others that won’t see much play. Despite the bittersweet farewell, he emphasized having enough guitars left to continue playing and creating music. The guitars will be on display in New York and London before the auction, allowing fans to witness these iconic instruments up close.

Mark Knopfler’s illustrious career began with the formation of Dire Straits in 1977, and the band achieved widespread success with albums like “Brothers in Arms.” Beyond his role in Dire Straits, Knopfler engaged in session work for notable artists, contributed to film soundtracks, and forged a successful solo career. Known for his fluid and cinematic guitar solos, he downplayed his technical prowess, attributing his success to songwriting and storytelling. The auction proceeds will benefit charities such as the Red Cross, Tusk, and Brave Hearts of the North East, showcasing Knopfler’s commitment to philanthropy even as he bids farewell to some of his most cherished possessions.

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Accidents News Trending

A fire erupted at a vacation residence in La Forge, France, where individuals with learning disabilities were staying, resulting in the disappearance of eleven people. The blaze was reported to emergency services at 06:30 local time on Wednesday and was met with a response from nearly 80 firefighters.

Regrettably, the 11 missing individuals are now presumed to have lost their lives, as stated by a local official to AFP news agency. The property was utilized by a charity dedicated to assisting individuals with disabilities. While 17 occupants were evacuated and one person was hospitalized, the cause of the fire remains unclear.

Interior Minister Gérald Darmanin affirmed an ongoing rescue operation, acknowledging the likelihood of multiple casualties in the town near Wintzenheim, close to the German border. The group of 11 missing people originated from Nancy, in eastern France, according to the Haut-Rhin region’s local government. Despite the fire’s intensity, it was successfully controlled by 76 firefighters and four fire engines.

The Bas-Rhin prefecture’s leader, Christophe Marot, revealed that those inside the building during the fire’s outbreak have not yet been located. The incident led French President Emmanuel Macron to express his condolences and appreciation for the emergency services. Prime Minister Élisabeth Borne and families minister Aurore Bergé are en route to the scene.

Visuals from local media depict the holiday home, a converted barn, engulfed in flames. Firefighters managed to subdue the fire after approximately two-thirds of the building was consumed by the blaze.

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