(Feb. 14) – If money can't buy you happiness, what do you do? If you're Austrian millionaire Karl Rabeder, you give it all away, right down to the last penny, or, in his case, euro.
"My idea is to have nothing left. Absolutely nothing," Rabeder, 47, told The Daily Telegraph of London. "Money is counterproductive – it prevents happiness to come."
On the block, or already sold, is his luxury villa with lake in the Alps, his 42-acre estate in France, his six gliders, and the interior furnishings and accessories business that got him rich in the first place.
Actually, everyone will get the chance to live the Alpine luxury lifestyle, because Rabeder has decided to raffle off his home at $134 a ticket.
When every penny of his estimated $4.7 million fortune is gone, he says, he intends to move into a small wooden hut in the mountains or a studio in Innsbruck.
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