Money: The millionaire heir who doesn't want the millions
Kai Viehof has renounced most of his inheritance, and of the remainder, the grandson of the Allkauf founder wants to give most of it away. About a man whose profession is to sensibly spend money.
Kai Viehof, a 44-year-old from Mönchengladbach, is a new face among millionaires who want to distribute their wealth rather than increase it. His grandfather founded the retail chain "Allkauf" in the 1960s, which was sold to Metro AG in 1998 for around 1 billion marks. Viehof rejected his share of the money and is part of a group that includes Sebastian Klein, author of "Toxisch reich", and Marlene Engelhorn, from the founding family of BASF. Viehof appeared on the ARD talk show "Hart aber fair" discussing inheritance.
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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