Austrian millionaire 'raffles home' to help poorAn Austrian businessman is raffling off his luxury home and will use the proceeds to help fund microcredits in the Third World, the daily Der Standard Der Standard is an Austrian national daily newspaper which is published in Vienna (although the paper is produced in Tulln an der Donau in Lower Austria due to that Bundesland's lower taxes). It is published on distinctive pink paper. reported on Monday. Karl Rabeder, 47, is selling his luxury 321-square metre (3,455-square feet) villa with swimming pool, sauna sauna Bath in steam from water thrown on heated stones. Known in ancient times in various places, saunas are most closely identified with the Finnish people, who made saunas a national tradition. and spectacular mountain views in Tyrol, valued at 1.6 million euros (2.2 million dollars), via a lottery, he told the newspaper. Some 21,999 lottery tickets priced at just 99 euros apiece a·piece adv. To or for each one; each: There is enough bread for everyone to have two slices apiece. [Middle English a pece : a, a; see a are on sale. Rabeder will then invest the proceeds in his own non-profit organisation, MyMicroCredit, which he set up a few months ago. The businessman, who made his fortune from interior furnishings furnishings the extra type or quantity of hair on the head, tail, ears or legs, specified for a particular breed. For example, the feathers in setters, the beard in Bearded collies, the eyebrows in Schnauzers. and accessories, already sold his business in 2004. "For a long time I believed that more wealth and luxury automatically meant more happiness. Now it's time It's Time was a successful political campaign run by the Australian Labor Party (ALP) under Gough Whitlam at the 1972 election in Australia. Campaigning on the perceived need for change after 23 years of conservative (Liberal Party of Australia) government, Labor put forward a to sell my house, so I can be 'free' for my new life," he told the newspaper. From now on, he would live and work from a modest rented appartment in Innsbruck, he said. A number of Austrians have raffled off their homes recently, as they see it as a way of securing their desired asking price if they fail to find a buyer by more traditional methods. 
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