The Face in Charge of the Blackstone Group’s Financial Growth
Here is Stephen A. Schwarzman’s story. Recently Steve was named as the 53rd most wealthy person in the USA issued by Forbes Magazine, however it’s his incredible accomplishments in the business and finance world not to mention his contributions to education and the arts which set his gentleman apart from the rest. His biography has affected individuals globally and he has utilized his wealth to better many people’s lives as well.
Steve Schwarzman and Peter Peterson established the private equity management and financial advisory company Blackstone Group in the mid-eighties. And as everyone knows, the Blackstone Group evolved into the massive company it is known as presently.
Living for most of childhood in Pennsylvania, Steve got his early education in the Abingdon school district. He went on to graduate from Yale University in 1969. After that, he decided to advance his education at the well acclaimed Harvard Business School, graduating in 1972. After completing his higher education, Steve began his career at Lehman Brothers. Before celebrating his thirty second birthday he was already on the board of directors.
Steve doesn’t merely offer his time and money to a variety of non-profit organizations, but additionally he has also been a part-time professor at Yale. Furthermore, he serves as the Chairman of the Board of Trustees of the John F. Kennedy Center for the Performing Arts in New York, NY. In addition, to give back even more, he proudly announced on March 11, 2008 that he was contributing $100 million to the New York Public Library to help them put up a new building. He is also one of the trustees of the library.
It is scarcely surprising that Stephen A. Schwarzman is acknowledged as one of America’s elite — As one of Times Magazine’s 100 Most Influential People on earth, Steve is these days in the center of media attention and influencing economics all over the globe. His meteoric rise in the business and financial industries is nothing short of spectacular, and coupled with his willingness to support the community through his generous donations to the arts and education sets a precedent for those people who would like to emulate him. It would seem that right now, Steve has it all. Steve Schwarzman is without a doubt a captivating business person whose influence can clearly be seen in the United States of America and the business community that serves it.











