Robert F. Smith is one of the world's 13 black billionaires. He is worth $5 billion, according to Forbes' most recent ranking of the world's wealthiest people. Smith made his fortune through the private equity firm Vista Equity Partners, which he founded in 2000. He is married to television personality Hope Dworaczyk Smith. Smith announced Sunday he will pay all student loans for Morehouse College's Class of 2019.

Robert F. Smith, who plans to pay Morehouse class’ student debt, is now helping 1,000 scholars get paid internships

Robert F. Smith, the billionaire who vowed to eliminate the student debt of Morehouse College’s Class of 2019, is still in the giving spirit. He now has plans to help 1,000 students score paid internships.

RELATED: 5 things to know about Robert F. Smith, Morehouse donor to pay off Class of 2019’s student loans

The entrepreneur created intern X, a sector of his Fund II Foundation. The program is helping “rising sophomores with at least a 2.8 GPA from ethnically underrepresented groups” land an eight-week summer internship in the fields of science, technology, engineering and mathematics.

AT&T, Price Waterhouse Coopers, Deloitte, Citi and Vista Equity Partners are reportedly among the companies that have pledged to take on internX candidates. 

Earlier this month, Smith shocked Morehouse graduates when he revealed he’d be paying off their student loan debt. The technology investor, who received an honorary doctorate from the HBCU, made the surprise announcement during the institution’s morning commencement. The gift has been estimated to be worth up to $40 million.

» RELATED: Morehouse commencement speaker to pay off Class of 2019’s student loans

To register for internX, visit  https://internx.org/register/student .

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