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Money: The millionaire heir who doesn't want the millions

Kai Viehof has renounced most of his inheritance, and he wants to give away most of the rest, too. About a man whose job is to sensibly give away money.

Translated from German Read in German

Money: The millionaire heir who doesn't want the millions

Kai Viehof, a 44-year-old from Mönchengladbach, is a millionaire who defies common stereotypes. His grandfather founded the retail chain "Allkauf" in the 1960s, which was sold to Metro AG in 1998 for around 1 billion marks. However, Viehof rejected his share of the money. He is part of a group of wealthy individuals, including Sebastian Klein and Marlene Engelhorn, who aim to distribute rather than accumulate wealth.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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