Everything You Will Care to Know about Stephen A. Schwarzman
The story of Stephen A. Schwarzman is one of generosity and dedication. Recently Steve Schwarzman placed number fifty three on Forbes’ list of America’s richest people, but it isn’t simply money which makes this tale so absorbing but his astounding accomplishments in the business and finance sector and his generosity to education and the liberal arts. The Blackstone Group financial giant is an inspiration and further proof that commitment and hard work are pivotal in achieving success. Steve Schwarzman and his partner Peter Peterson set up the private equity management and financial advisory company Blackstone Group in the 1980’s. At this point in time the Blackstone Group is known internationally boasting ventures as diversified as e.g. Universal Studios Parks and American Axle, to name but two of them.
Spending most of childhood in near Philadelphia, Pennsylvania, Steve commenced his early education in the Philadelphia suburbs. He graduated from Abington Senior High School; and, pushing on from there, obtained his bachelor’s degree from the illustrious Connecticut University, Yale in 1969. Harvard Business School near Boston was the next stop on his fast track to success, here he received his Master’s degree in Business Administration in 1972. Then Steve joined at Lehman Brothers investment bank, situated in New York City. By the unusually early age of thirty one, he had been appointed a director. Steve Schwarzman gives financial support to a diversity of liberal arts as well as consulting as an assistant professor at the influential Yale School of Management. Beyond this, he is Chairman of the Board of Trustees at the JFK Center for the Performing Arts. In addition, Steve just last March donated to the New York Public Library $100 million to back their recent construction project. They also named their new extension after him.
Stephen A. Schwarzman is setting the standard for successful business people: As one of Times Magazine’s 100 Most Influential People on the planet, Steve is nowadays in the focus of media attention and shaping economic development all over the globe. His meteoric rise in the financial industry is nothing short of amazing, and without a doubt his generosity has given America a new class-of-its-own benchmark to live by. Considering all his business knowledge and commitment, it would seem like there’s nothing he cannot attain. On the whole, Steve has taken each and every business opportunity given to him and in return he has at the same time used his fortune to try to cultivate his community.











