Tag: favela

• Thursday, August 19th 2010 - 03:09 UTC

  Brazil wealthiest man pays 285.000 USD for Lula da Silva’s inauguration suit

  

  Brazil’s wealthiest man, Eike Batista paid the equivalent of 285.000 US dollars for the inauguration suit of President Lula da Silva when he first took office in January 2002. The sale was part of a charity auction to collect funds for a famous Sao Paulo favela (shanty town) that goes by the name of Paraisopolis, (Paradise City).