Gates, Slim to donate to health fund
Resource type: News
The Irish Times | [ View Original Source (opens in new window) ]
The world’s two richest men are teaming up with Spain to donate $150 million to fight malnutrition, dengue, malaria and other health problems in Mexico and Central America.
Foundations run by Microsoft co-founder Bill Gates and Mexican telecom magnate Carlos Slim will each donate $50 million to the 2015 Meso-American Health Initiative. The Spanish government will contribute the rest.
Mr. Gates, Mr. Slim and Mexican president Felipe Calderon announced the initiative at a news conference.
The programme also aims to reduce childbirth deaths and help vaccination campaigns in the eight countries in the region.
Mr. Slim replaced Mr Gates earlier this year as top of the world’s richest people list. Mr. Gates dropped to second.