Stephen A. Schwarzman: the Life Story of Blackstone Group’s Co-Founder
This is Steve Schwarzman’s story. Forbes Magazine ranked him as the 53rd most well-off individual in America just last year, all the same it is his tremendous achievements in the world of finance as well as his donations to non-profit organizations that make this story something wonderful. His life story has been motivational to people all over the world and it serves as a reminder that anyone can become successful through some commitment.
The Blackstone Group was established by Stephen A. Schwarzman and his business partner Peter Peterson as a firm extending premium investment advice and equity management. At this moment the Blackstone Group is a household name with ventures as different as, for example, the Hilton Hotels Group and Pinnacle Foods, to name but two.
Having called the Philadelphia suburbs home for much of his childhood and adolescence, Steve Schwarzman went to high school in the School District of Abington. He graduated from Abington Senior High School; next he received his degree from Yale University in 1969. Harvard Business School near Boston, MA was the next step in his education, here he graduated in 1972. Next he became part of the team at Lehman Brothers investment bank. By the unusually young age of 31, he was already a director. Stephen A. Schwarzman gives financial support to a wide range of educational programs as well as assisting as an ancillary professor at the influential Yale School of Management. As another example of his activities, he is Chairman of the Board of Trustees of the JFK Center for the Performing Arts. In addition, to give back even more, Steve recently presented to the New York Public Library a hundred million dollars to fund their expansion program. In fact, the library named one of their new buildings the “Stephen A. Schwarzman Building” in his honor.
Stephen A. Schwarzman is an inspiration to successful financiers: As one of Times Magazine’s 100 Most Influential People in the World, Steve is now in the center of media attention and affecting economies all over the globe. His mastery of the financial industry has been spectacular, and without a doubt his generosity has provided Americans with an unprecedented new standard to live by.
With all his wisdom, experience, and commitment, it would seem that there isn’t anything he cannot attain. In summary, Steve Schwarzman is an individual who has grasped each business opportunity given to him, however, in return he has at the same time employed his status to do his best to cultivate his community.
