Mexican billionaire Carlos Slim to rebuild collapsed Mexico City overpass at no cost

Slim will pay for all the costs needed to rebuild Mexico City's subway overpass-stretch that left 26 dead after it collapsed on May 3, Mexican President Andres Manuel Lopez Obrador said during his daily press briefing on Wednesday.

Lopez Obrador said during his daily press briefing on Wednesday that he met with Slim, and that the billionaire assured the President that his construction firm "will pay for everything" needed for the reconstruction of Mexico City's Subway Line 12 overpass. "He will take care of the reconstruction of the entire [subway line] stretch, making sure that it gets done with all the necessary safety [measures] at no cost to the [Mexican] people and without asking [the government] for a budget," Lopez Obrador said.