Karl Rabeder
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Karl Rabeder (born 1963) is an
Austria Austria, formally the Republic of Austria, is a landlocked country in Central Europe, lying in the Eastern Alps. It is a federation of nine Federal states of Austria, states, of which the capital Vienna is the List of largest cities in Aust ...
n businessman who founded the
non-profit organization A nonprofit organization (NPO), also known as a nonbusiness entity, nonprofit institution, not-for-profit organization, or simply a nonprofit, is a non-governmental (private) legal entity organized and operated for a collective, public, or so ...
MyMicroCredit in 2009, which aims to reduce poverty in Central and
South America South America is a continent entirely in the Western Hemisphere and mostly in the Southern Hemisphere, with a considerably smaller portion in the Northern Hemisphere. It can also be described as the southern Subregion#Americas, subregion o ...
. In February 2010, announced that he will be donating his entire fortune of over four million
US dollar The United States dollar (symbol: $; currency code: USD) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it int ...
s, including the profits from all of his properties, his car, and his businesses, to charities he set up in Central and South America. Serious allegations have been raised by the German newspaper, ''Der Stern'', and others as to whether or not Rabeder was actually using the publicity around his "giving it all away" to generate revenue for his own personal purposes. On 21 January 2003 he was the co-pilot with
Klaus Ohlmann Klaus Ohlmann (born 1952 in Neustadt an der Aisch, Germany)) is a German glider pilot who has established 36 world records approved by FAI. Among these is the record for a free distance flight with up to 3 turn-points by flying 3,009 km from Cha ...
when they set the world gliding distance record of 3,008.8 km at
Chapelco Chapelco, or Cerro Chapelco, is a mountain and massif in Neuquén Province, south-western Argentina. The ski station of the same name is located from the resort town of San Martín de los Andes. Designed by Federico Graeff and established in 1 ...
, Argentina


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External links


MyMicroCredit.org
* http://www.stern.de/panorama/karl-rabeder-der-nicht-ganz-so-gutmensch-1802715.html Living people Flight distance record holders 1963 births {{Austria-business-bio-stub