Third-richest man to give away part of fortune

September 8th, 2006

“Mexican billionaire Carlos Slim, the world’s third-richest man, will give away a chunk of his fortune by matching donations to health, education and social programs in Mexico.

“Slim, who owns a telecoms and retail empire and has a fortune estimated at over $US30 billion ($39 billion), will meet all contributions dollar for dollar, his spokesman and aide Arturo Elias Ayub said.

“‘We want to offer Mexican or foreign foundations that we will match any amount they invest in social work in Mexico,’ Elias Ayub told Reuters. It was unclear how much Slim’s donations might ultimately total.

“‘The idea is social programs focused on real needs: education, health, nutrition, research,’ he said.”

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Posted 12:56am by Pip Wilson | Uncategorized | 9 comments