Blackstone Group LP (BX), the world's largest manager of alternative assets, as well as billionaires Wilbur Ross and John Fredriksen are amassing tanker fleets to tap America's surging fuel exports. Blackstone's Tactical Opportunities Fund invested …

Billionaire brothers Shashikant and Ravikant Ruia, who run India's second-biggest oil refinery, will increase fuel sales at home as capacity additions in China and the Middle East shrink export margins. Essar Oil Ltd. (ESOIL) will reduce overseas sales …

Martha Stewart, Bernie Madoff, Jack Abramoff… what do all these names have in common? They're disgraced billionaires, of course. They've all dabbled in some sort of criminal activity, whether they partook in insider trading or operated an elaborate …

The main reasons: Rising stock prices, new business deals, and new moguls and assets discovered as a result of FORBES reporters' research. What a difference a decade makes. In 2003, FORBES counted only two billionaires in Africa – Nicky Oppenheimer …

A six-week-old baby born into an affluent family in Britain is four times more likely to be breastfed than one in a deprived area, she added. Britain's National Health Service recommends that mothers feed their babies only breast milk for the first six …

Wilmington Trust also provides Wealth Advisory services for affluent clients in every state in the United States and in 35 other countries. Wilmington Trust has offices throughout the United States and internationally in London, Luxembourg, Frankfurt …

Never assume that black, Latino, low-income and immigrant parents don't care about the quality of their children's education. They do. A recent report also indicates that they worry even more about school quality than middle- and upper-income white …

DETROIT — Saad Chehab, head of the Chrysler and Lancia brands, will give up those positions to become the chief marketing officer of Fiat S.p.A.'s Maserati luxury brand, Chrysler said today. Al Gardner, 49, who has been head of Chrysler Group's …

Now, auto makers, and particularly luxury car brands, are shifting their focus, directing more energy toward exploiting an increasing convergence of consumer tastes among affluent drivers in the U.S. and China. One result of this is the coming wave of …