Torino owner Urbano Cairo has decided to donate four months of his salary as President of RCS MediaGroup to charity.
A statement released by RCS confirmed Cairo had given up his wages for March, April, May and June, equating to €500,000.
Furthermore, he will donate the money to charity in the form of €5,000 vouchers, each worth €1,000, with the intention of helping families affected by the coronavirus crisis.
Torino owner Urbano Cairo has decided to donate four months of his salary as President of RCS MediaGroup to charity.
A statement released by RCS confirmed Cairo had given up his wages for March, April, May and June, equating to €500,000.
Furthermore, he will donate the money to charity in the form of €5,000 vouchers, each worth €1,000, with the intention of helping families affected by the coronavirus crisis.
Cairo’s company Cairo Communication owns a controlling stake in RCS, which commissions newspapers such as Gazzetta dello Sport, Corriere della Sera and Marca in Spain.