until the 2016 Summer Olympics host city is announced on Oct. 2

Tycoon donates $6.8 million to Rio's bid

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Brazilian tycoon Eike Batista donated 13 million reais (some $6.8 million) to the Rio de Janeiro 2016 Olympic and Paralympic Games organizing committee, with the gift coming a little more than two months before the winning host city is announced.

The billionaire made the donation on Monday, adding to the 10 million reais (some $4.5 million) he gave the organizing effort in April, the Brazilian Olympic Committee said on its Rio 2016 Web site. Latin American Herald Tribune

 

 

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