Mikati's rise and Hariri's slide in Forbes list of billionaires

Forbes magazine’s annual survey of the world’s billionaires for 2012 included on its list six people from Lebanon, – four members from the Hariri family and two members of the Mikati family. The survey ranked Prime Minister Najib Mikati and his brother Taha Mikati in 377th place with a net worth of $3 billion each, […]

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 […]