You are given a context, a pronoun, and a noun in this task. The given pronoun is shown in the context within parentheses. You should determine if the pronoun refers to the given noun or not. Please answer with "True" and "False".
One example: Sam pulled up a chair to the piano , but (it) was broken, so he had to sing instead. <sep> Pronoun:it <sep> Noun: the piano
Solution is here: True
Explanation: This is a good example. In this context, he had to sing after recognizing it was broken. So, it refers to the piano.

Now, solve this: Babar wonders how he can get new clothing. Luckily, a very rich old man who has always been fond of little elephants understands right away that he is longing for a fine suit. As (he) likes to make people happy, he gives him his wallet. <sep> Pronoun:he <sep> Noun: old man
Solution:
True