The Astounding Tale of Stephen A. Schwarzman
September 25th, 2009The story of Stephen A. Schwarzman is one of altruism and a strong work ethic. Last year Steve made number fifty three on Forbes’ list of the most well-off individuals in the United States, but it’s his incredible achievements in the business and finance world and also his donations to non profit organizations which make this story something interesting. This goes to show that the keys to achieving success are indeed work plus indefatigable determination.
Steve Schwarzman and Peter Peterson launched the portfolio management and financial advisory firm Blackstone Group in the eighties. At this moment the Blackstone Group is known world-wide enompassing investments as variegated as, for example, Nalco and Apria Healthcare, to name but a few.
Steve grew up in the state of Pennslyvania. He went on to acquire his degree from Yale University in 1969. After that, he went on to advance his education at the distinguished Harvard Business School, graduating in 1972. After concluding his education, Steve started a career in investment banking at Lehman Brothers. Stephen was assigned the job title of managing director at the age of thirty one. Stephen A. Schwarzman volunteered his services as an assistant professor at the illustrious Yale School of Business Management and also supports a number of charities, education, and the liberal arts. Furthermore, he is the Chairman of the Board of Trustees of the JFK Center for the Performing Arts in NYC. What is more, he proudly announced on March 11th, 2008 that he was committing $100,000,000 to the New York Public Library to help them build new premises. In fact, the NYPL called one of their new buildings after him.
As you would anticipate Stephen A. Schwarzman is now one of the United States’ elite — he was described as one of Time Magazine’s 100 Most Influential People on the planet in acknowledgement of his accomplishments and influence in the financial sector. His domination of the business and financial world has definitely been nothing short of miraculous, not to mention the fact that his support of music and the arts has doubtlessly inspired those around him.
It seems that right now, Steve can do no wrong. Steve Schwarzman is without a doubt an intriguing businessman who has left his mark on the US and its business community.











