Revealing All re Blackstone Groups’ Co-Founder, Steve Schwarzman
If you haven’t heard the name Stephen A. Schwarzman, you must have been hiding beneath a rock for the last couple of years. Recently Stephen was named the fifty-third most wealthy person in the USA by Forbes Magazine, yet it’s his phenomenal success in the business and finance world in addition to his donations to education and the arts that make this story something special. The Blackstone Group co-founder is a prodigious role model and his life goes to prove that dedication and hard work are fundamental in achieving success. The Blackstone Group was set up by Stephen and his partner Peter Peterson as a company extending top of the market investment advice and equity management. With markets maturing, it has grown into a world leader in M&A; but he hasn’t always run his own business.
Spending many of his adolescent years in near Philadelphia, Pennsylvania, Stephen commenced his schooling in suburban Philadelphia. He graduated from Abington Senior High School, his next step was to acquire his bachelor’s degree from the renowned Connecticut University, Yale in 1969. He took on a program of post-graduate study at the well esteemed Harvard Business school near Boston, MA. After finishing his post-graduate degree, Stephen began his career at Lehman Brothers. By the very young age of thirty one, he was already a director.
Stephen A. Schwarzman served as an assistant professor at the internationally acclaimed Yale School of Business Management and also supports many charities, educational programs, and the liberal arts. Moreover, he is the most recently appointed Chairman to the Board of Trustees at the John F. Kennedy Center for the Performing Arts. In addition, he told the press in Spring of 2008 that he had bequeathed $100 million to the New York Public Library to help in funding their expansion. He is also one of the trustees of the library. Stephen Schwarzman is nowadays a role model to a new generation of Americans – Times Magazine last year appointed Stephen as one of the 100 most influential individuals alive today. His swift rise in the business and financial communities is certainly stunning, and no doubt his generosity has provided Americans with an unprecedented new benchmark to mirror themselves.
When you consider all his knowledge and his generous spirit, it seems like there’s nothing he can’t attain. In summary, Stephen has, in retrospect, been an important influence on both the business community and to the world at large.
