GP Stakes Business Appreciation: 4.1% in Q4 and 28% for the year. Blackstone Inc (NYSE:BX) reported a record GAAP net income of $1.3 billion for the fourth quarter. Distributable earnings ...

Busà Photography / Getty Images Many people believe that being wealthy means having a nice house, a late-model car, and a summer cottage, but the kind of money possessed by the wealthiest 1% of ...