Something You Really Should Check: Blackstone Groups’ Co-Founder, Steve Schwarzman
The story of Stephen A. Schwarzman is one of success and a willingness to work hard. Recently Stephen was named as the fifty third most well-off person in the U.S.A. printed by Forbes Magazine, however it’s his patronage of the arts and his outstanding achivements that make him such a absorbing man. Stephen’s life has been motivational to individuals globally and he has made the best use of his money to better many people’s lives as well.
The Blackstone Group was initially established by Stephen and his partner Peter Peterson as a business offering top of the market investment advice and private-equity. These days the Blackstone Group is an industry giant enompassing ventures as widely spread as, for example, Catalent Pharma Solutions and Nalco.
Stephen grew up in surburban Philadelphia. After high school Stephen opted for an undergraduate degree at Yale. He decided to further his training at the world renowned Harvard Business School, getting his MBA in 1972. Then he joined with Lehman Brothers investment bank, situated in Manhattan. Stephen was appointed a managing director at the precocious age of only thirty-one. Stephen Schwarzman gives financial support to a wide range of educational programs as well as teaching as an ancillary professor at the prestigious Yale School of Management. Furthermore, he is the Chairman to the Board of Trustees at the John F. Kennedy Center for the Performing Arts in New York. On top of all that, Stephen recently gifted to the New York Public Library 100,000,000 dollars to assist in their recent building plans. In fact they named their new extension the “Stephen A. Schwarzman Building”. Thus, it won’t come as a surprise that, American society looks at Stephen for inspiration: he was cited as one of Time Magazine’s 100 Most Influential People on earth in acknowledgement of his achievements and influence in the financial world. His rise in the business and financial communities has been nothing short of miraculous, and his readiness to donate to the community as exemplified by his unstinting gifts to the liberal arts and education programs is positively inspiring to those who are now following his lead. With his experience and his generosity of spirit, it seems like there is nothing he can’t conquer. To sum up, Stephen A. Schwarzman has, in retrospect, had an important influence on the business space and the world in general.
