Billionaire Lebanese Prime Minister Najib Mikati Resigns

Two years ago, Forbes asked: Why was telecom billionaire Najib Mikati enmeshing himself in the messy and dangerous world of Lebanese politics? Although heavily criticized by his opponents for being beholden to the powerful Shiite militant group Hezbollah—a charge he refuted, Mikati was bent on steering Lebanon on a Switzerland-like course of neutrality. He was named prime minister in 2011, replacing fellow billionaire Saad Hariri who lost his seat when Hezbollah members walked out of his ...