Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexican mogul Slim donates $105 million to earthquake recovery efforts

Mexican mogul Carlos Slim’s foundation will donate more than $105 million (1.978 billion pesos) to help the country recover from two large earthquakes in September, Slim announced on Tuesday.

The Carlos Slim Foundation also collected more than $21 million dollars (395.6 million pesos) from outside donors, raising the total contribution to more than $126 million (2.373 billion pesos).

More than 217,000 donors participated in the effort, Slim said. The gift comes from the foundation’s endowment, Slim added.

On Sept. 19, central Mexico was struck by an earthquake that measured 7.1 on the U . . .

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