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Carlos Slim

Amazon’s Jeff Bezos becomes world’s richest person

NEW YORK: Amazon founder Jeff Bezos on Thursday became the world's richest person, as a jump in the share price of the US tech giant enabled him to overtake Microsoft founder Bill Gates, Forbes magazine estimated. The magazine said its real-time tracking of personal fortunes showed Bezos with a net worth of $90.5 billion, ahead of the $90 billion for Gates. Bezos owns around 17 percent of the equity of Amazon, which has been expanding from its original mission as an online retailer to a diversified tech firm in cloud…

Trump would wreck US economy: Carlos Slim

MEXICO CITY: Mexican telecommunications tycoon Carlos Slim warned on Friday that Donald Trump would destroy the US economy if he wins next week's election. "As we say in Mexico, being a drunk is different from being a bartender," Slim told reporters at the Montevideo Circle, a meeting of business leaders and politicians. Slim said a victory on Tuesday by the Republican candidate was "not very likely." But if he defeats Democrat Hillary Clinton, Trump's administration could impose a 35 percent import tariff that…