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Sebastian Pinera

Pinera poised for presidential comeback in Chile

SANTIAGO: Chileans went to the polls on Sunday in the first round of the country's presidential election, with former leader Sebastian Pinera hoping to capitalize on his front-runner status to succeed Socialist leader Michelle Bachelet. But pundits believe Pinera, a conservative 67-year-old billionaire who was president from 2010 to 2014, may not gain enough support to avoid a runoff next month -- likely against Alejandro Guillier, an independent supported by Bachelet's Socialists. Chile's constitution bans consecutive…

Which billionaire moguls have been elected to power?

PARIS:¬†Donald Trump, the real estate mogul, reality TV star and US president-elect whose worth Forbes estimates at $3.7 billion, joins an ultra-elite group of billionaire business tycoons who have come to power through the ballot box.¬† Other political leaders who first made fortunes in businesses from chocolates to telecoms include: ITALY: Media mogul Silvio Berlusconi served as prime minister three times between 1994 and 2011. According to Forbes magazine Berlusconi was in 2016 Italy's fifth-richest man with a…