The Face behind the Blackstone Group’s Incredible Success
Stephen A. Schwarzman’s story is one of success and a willingness to put in the time. A year ago Stephen was listed as the fifty-third most wealthy person in the U.S.A. by Forbes Magazine, but it is his phenomenal achievements in the world of finance in addition to his donations to non profit organizations which make this tale fascinating. This goes to show that the keys to a successful life are devoted hard work plus dedication.
The Blackstone Group was set up by Stephen A. Schwarzman and his partner Peter Peterson as a firm providing premium financial advice and private-equity. Obviously, the Blackstone Group is now one of the financial industry’s largest m&a companies. Living for most of childhood and adolescence in Pennsylvania, Stephen attended school in suburban Philadelphia. When he finished high school Stephen decided on undergraduate study at Yale University. He then chose a program of post graduate study at the internationally esteemed Harvard Business school near Boston, MA. After concluding his MBA, Stephen started a career in investment banking at Lehman Brothers. He was appointed to the boards at the extremely young age of only 31.
Stephen Schwarzman donates to a range of educational programs as well as teaching as an adjunct professor at the renowned Yale School of Management. He serves as the Chairman of the Board of Trustees of the John F. Kennedy Center for the Performing Arts in Manhattan. On top of all that, Stephen recently presented to the New York Public Library $100,000,000 to fund their recent building plans. Stephen is also one of the trustees of the library. And so, American high society looks at Stephen Schwarzman as a role model: Times Magazine in 2008 named Stephen as one of the 100 most influential people on the planet. His domination of the business and financial communities has been miraculous, and coupled with his willingness to donate to his own community as illustrated by his generous donations to the arts and education programs stimulates those who are inspired by him.
With all his industry knowledge and commitment, it seems like there is nothing he cannot achieve. Stephen A. Schwarzman is no doubt a captivating person whose influence can clearly be seen in the USA and its business community.











