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Exciting news of another initiative to give citizens control of wealth

It's very exciting to see the concept of "asking random people what to do with pots of money" gather momentum, with the plans announced by Marlene Engelhorn, an 31yo Austrian, to redistribute €25m she's inherited.


Hopefully each time an exercise like this takes place, more people will be inspired to follow suit, and we will learn a little more about to do it in the most optimal way.

The plans described in the press seem to be similar to what we did with Wealth Shared in terms of the open-endedness of what the participants are able to choose - apparently there is a general aspiration to come up with "solutions to benefit society as a whole".

The main differences with our project seem to be that it's a much larger amount of money and a bigger cohort of people making the decision - 50 people vs 12 in our case.


You can read an interview with Marlene here.

by David Clarke 20 June 2024
50 Austrians, €25m
by David Clarke 6 February 2024
A clarification about the process.
by David Clarke 29 January 2024
The decision is revealed! Plus a recap of the project overall.
29 January 2024
A press release announcing the outcome of the project
by David Clarke 26 January 2024
Exciting news of another initiative to give citizens control of wealth
by David Clarke 21 July 2023
Our twelve participants have reached the end of their allotted time to decide what should happen to £100k.
by David Clarke 14 July 2023
"How can we trust people to use the money wisely", asked our twelve participants during the third week of Wealth Shared.
by David Clarke 9 July 2023
The Big Issue featured Wealth Shared and asked its readers what they would do with £100k.
by David Clarke 7 July 2023
Your second update on Wealth Shared. We are now half-way through the process.
by David Clarke 30 June 2023
The project is now underway. The participants met for the first of four sessions, after which they will (hopefully) make a decision.
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