Monday, October 18, 2010

Charity doesn't solve anything, says world's richest man...

Carlos Slim is the Mexican billionaire listed by Forbes as the world's richest man. Although he has contributed hundreds of millions of dollars to his own charities and the Bill and Melinda Gates Foundation, his signature has not appeared on Gates and Warren Buffett's "Giving Pledge," in which billionaires promise to donate half their fortunes to charity.

As the Wall Street Journal reports, while Slim was speaking at a conference in Sydney last month, he offered the following sentiment: More...

Don't miss:
  1. Gates and Buffet hold banquet for China's super rich...
  2. Bono and hypocrisy on an epic scale...
  3. Chinese tycoon gives his entire fortune to charity...
  4. Money sent to help the poor in India ends up in the pockets of corrupt officials...

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