Millionaire gives away fortune which made him miserable

Austrian millionaire Karl Rabeder is giving away his fortune

Austrian millionaire Karl Rabeder is giving away every penny of his £3 million fortune after realising his riches were making him unhappy. The Daily Telegraph By Henry Samuel in Paris Published: 8:16PM GMT 08 Feb 2010 Mr Rabeder, 47, a businessman from Telfs is in the process of selling his luxury 3,455 sq ft villa [...]

Latin America’s Pending Fire Sale – Private equity groups are licking their lips at the prospect of acquiring Latin American assets at fire-sale prices.

BY JOHN PRICE Latin Business Chronicle Experienced Latin American investors understand that today’s financial crisis will present discounted buying opportunities to those with the authority and boldness to quickly negotiate an acquisition and the cash to pay for it. Six years of rapid growth in the region invited a lot of new players into the [...]

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