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Mexico tycoon to donate for health projects

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Mexico tycoon to donate for health projects

Mexican billionaire Carlos Slim, the worlds third-richest man, will give away a chunk of his fortune by matching donations to health, education and social programs in Mexico, a close aide said on Wednesday.

Slim, who owns a telecoms and retail empire and has a fortune estimated at over $30 billion, will meet all contributions dollar for dollar, said Arturo Elias Ayub, his spokesman and aide.

We want to offer Mexican or foreign foundations that we will match any amount they invest in social work in Mexico, Elias Ayub said. It was unclear how much Slims donations might ultimately total.

More : timesofindia.indiatimes.com

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