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Businessman_Karl_Rabeder_moved_out_of_the_321-square-metre_mansion_located_in_the_town_of_Telfs_to_live_in_a_small_flat_in_the_city_of_Innsbruck_some_months_ago.

18. 08. 10. - 13:00

Millionaire raffles off villa

A Tyrolean self-made millionaire gave away his villa in a raffle yesterday (Tues).

Businessman Karl Rabeder moved out of the 321-square-metre mansion located in the town of Telfs to live in a small flat in the city of Innsbruck some months ago. He has given most of his fortune to poor people in South America as part of a microcredit charity project.

The 2,711-square-metre estate – which also features a pond and a spa – was offered in a lottery featuring 21,999 tickets. A woman from the German state of Bavaria was the lucky owner of the drawn ticket.