Carlos Slim ranks as world’s richest person for second year

At an age when most people enjoy retirement, Mexican tycoon Carlos Slim grew his personal fortune by some $20 billion in one year through gains in his telecommunications and mining businesses. The value of the 71-year-old’s companies as measured by Forbes, around $74 billion, is nearly twice the projected 2011 gross domestic product of Lebanon,

Report: Hezbollah smuggling people into U.S. through Mexico

Mexico has arrested Jameel Nasr, a Mexican national, Tijuana resident and graphic designer accused of trying to set up a South American Hezbollah network. Jameel reportedly traveled frequently to Lebanon to receive instructions from Hezbollah. He also traveled extensively around South America, including two months in 2008 in Hugo Chavez’s Venezuelan workers’ paradise.

Carlos Slim Helu is the world’s richest man

Forbes Magazine late on Wednesday named ( son of Lebanese immigrant ) Mexican telecom mogul Carlos Slim Helu as the world’s richest man in its annual ranking, dethroning Microsoft co-founder Bill Gates. Slim’s wealth was estimated at $53.5 billion by Forbes, compared with Gates’ $53 billion. Berkshire Hathaway’s Warren Buffett came in third with $47 […]