This is the success story of Stephen Schwarzman. In 2008 Stephen was named as the fifty third most wealthy person in the United States of America published by Forbes Magazine, but it isn’t money which makes this tale so intriguing but in addition Stephen’s astounding success in the finance sector and his patronage of the arts. Stephen’s biography has been motivational to individuals all over the world and in addition he has used his wealth to improve the circumstances of numerous people as well.
Stephen Schwarzman and Peter Peterson launched the equity management and financial advisory firm Blackstone Group in 1985. The Blackstone Group has gone from strength to strength and is now a globally acknowledged specialist in m&a. After calling Philadelphia home for much of his young life, Stephen Schwarzman went to school in the Abington School District. He graduated from Abington Senior High School, next he obtained his degree from Yale University in 1969. Afterwards, he decided to advance his business education at the well acclaimed Harvard Business School, getting his MBA in 1972. Then Stephen joined with Lehman Brothers investment bank, situated in New York, NY. By his 32nd birthday he was already on the board of directors.
Stephen A. Schwarzman volunteered his time as an associate professor at the widely esteemed Yale School of Management and also offers his patronage to a number of charities, education, and the arts. As another example of his activities, he is the Chairman of the Board of Trustees of the John F. Kennedy Center for the Performing Arts. In addition, he told the American public on March 11th, 2008 that he had presented $100 million to the New York Public Library to help fund their expansion. In fact, the library called their new extension the “Stephen A. Schwarzman Building” to commemorate his generous gift. So of course it comes as no surprise that, America’s elite look to Stephen as a role model – Times Magazine last year listed Stephen Schwarzman as one of the 100 most influential people alive today. His supremacy in the business and financial world has been nothing short of miraculous, and without a shadow of a doubt his generosity has provided Americans with a new class-of-its-own standard to achieve to from now on.
As far as the financial world goes, Stephen has it all. Stephen A. Schwarzman is no doubt an intriguing business person who has made his mark on the United States of America and the business community that serves it.
