Carlos Slim on how to scale what works in development

Following a performance by women wearing traditional Peruvian dress, Mexican billionaire Carlos Slim Helú and Canadian billionaire Frank Giustra posed with former U.S. President Bill Clinton in matching alpaca scarves and caps.

The Clinton Foundation periodically takes donors and partners like Giustra and Slim, who go in half and half on projects launched by the Clinton Giustra Enterprise Partnership in Latin America, to see the work they make possible. Devex joined the group in Peru this week, and saw how the Foundation uses trips like these to grow their projects to new countries and with new partners.

“That’s the wealthiest guy in Peru,” CGEP CEO Mark Gunton said, pointing to billionaire Carlos Rodriguez-Pastor, who purchased items from Chakipi Acceso entrepreneurs lining booths featuring their products with coin purses filled with soles that the Clinton Foundation provided. “He’s sort of drunk the Kool-Aid.”

This article is free to read - just register or sign in

Access news, newsletters, events and more.

Join us