Urgent.News

What's breaking now, across thousands of outlets.

Business

Geld: Der Millionenerbe, der die Millionen nicht will

Kai Viehof hat den Großteil seines Erbes ausgeschlagen, auch vom Rest will der Enkel des Allkauf-Gründers das meiste weggeben. Über einen Mann, dessen Beruf es ist, sinnvoll Geld loszuwerden.

Original German Read in English

Geld: Der Millionenerbe, der die Millionen nicht will

Mönchengladbach - Kai Viehof, a self-made millionaire, defies many stereotypes of a billionaire. Standing with slim shoulders under a black T-shirt and shirt, with a slightly stubbled beard and a ring in each ear, he appeared on the ARD talk show "Hart aber fair" in spring to discuss inheritance. Viehof approached the topic with much more restraint than his counterpart, another self-made billionaire from Neuss with a commanding presence and a black blazer.

Viehof's grandfather built the retail chain "Allkauf" in the 1960s, which he sold to Metro AG for around a billion marks in 1998. The family received the resulting fortune. However, Kai Viehof declined his share of it when it was his turn. At 44 years old, he is a new face among millionaires who choose to distribute their wealth rather than accumulate more.

Other members of this group include Sebastian Klein, author of the book "Toxisch reich," who became rich as a co-founder of the Blinkist app, and Marlene Engelhorn, descendant of the founder family of the BASF chemical corporation.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

More in Business

More from Thursday 22 October →